This paper introduces a hardware simulator for the LVRT operation analysis of the grid-tied PMSG wind power system with a power dissipation circuit. The power dissipation circuit, which is composed of chopper and resistor, suppresses the sudden increase of DC-link voltage in the back-to-back converter of the grid-tied PMSG wind power system. The LVRT operation was first analyzed using computer simulations with PSCAD/EMTDC. A wind power simulator including the power dissipation circuit and the fault simulator composed of variac and IGBT were built to analyze the LVRT operation. Various experiments were conducted to verify the effectiveness of the power dissipation circuit for the LVRT operation. The developed hardware simulator can be extensively utilized for the analysis of various LVRT operations of the grid-tied wind power system.