Delray Beach, FL, June 30, 2025 (GLOBE NEWSWIRE) — The global Battery Simulation Software Market size is projected to grow from USD 2.22 billion in 2025 to USD 4.19 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 13.6% during the forecast period, according to a new report by MarketsandMarkets™.
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230 – Pages
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Battery Simulation Software Market Dynamics:
Drivers:
- Rise in EV adoption drives demand for advanced battery simulation software
- Need for efficient and long-lasting batteries
- Continuous innovation drives growth in battery simulation software
Restraints:
- Data accuracy and model
- Limited regulatory and compliance framework
Opportunities:
- Increase in industry-academia collaborations
- Growth in strategic investments
List of Key Companies in Battery Simulation Software Market:
- Ansys (US)
- Siemens (Germany)
- Altair Engineering (US)
- MathWorks (US)
- Dassault Systemes (France)
- AVL (Austria)
- ESI Group (France)
- Ricardo (UK)
- Intertek (UK)
- Hexagon (Sweden)
- Synopsys (US)
- COMSOL (US)
- dSPACE (Germany)
- Gamma Technologies (US)
- OpenCFD Ltd (UK)
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The demand for longer-lasting, high-performance batteries is prompting companies to employ battery simulation software, which lowers testing costs and speeds up R&D cycles. Companies such as UL Solutions and Gamma Technologies are tackling this through collaboration and the integration of simulation technologies. Meanwhile, continuing advances, such as aging models for alternative chemistries and fast-acting redox flow battery simulators, are expanding software capability. The quest for longer battery life and continuous tool developments are establishing simulation platforms as critical components of the battery development process, making them necessary for addressing increasing performance and sustainability goals.
Trend: Artificial Intelligence (AI) and Machine learning (ML)