The global electrical digital twin market is expected to experience substantial growth with a strong CAGR of 11.9% from 2023 to 2033. This growth is being driven by the increased acceptance of innovative technologies such as IoT and cloud for digital twin applications and attractive digital twin prospects in industries such as aerospace and defense, healthcare, and automotive and transportation. Digital twin technologies are being increasingly adopted in various industries, including automotive, manufacturing, energy & utilities, and others, and this is expected to fuel market expansion in the coming years.