Global Automotive Hardware-in-the-Loop Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Automotive Hardware-in-the-Loop Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Automotive Hardware-in-the-Loop market size was valued at USD 579.3 million in 2023 and is forecast to a readjusted size of USD 1356.1 million by 2030 with a CAGR of 12.9% during review period.

Hardware-in-the-loop simulation (HIL) is a development and testing technique for real-time embedded systems Hardware-in-the-loop simulation provides dynamic system model, which can simulate real system environment, add mathematical representation of relevant dynamic system, and connect it with simulation system platform through input and output of embedded system. HIL system provides an effective platform, which can reduce the complexity of plant and control test platform HIL technology provides high quality output and reduces the cost involved and time required, so it is widely preferred in many applications (such as aerospace, automotive, etc.)

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and Others countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

The Global Info Research report includes an overview of the development of the Automotive Hardware-in-the-Loop industry chain, the market status of Powertrain (Closed Loop HIL, Open Loop HIL), New Energy Vehicle (Closed Loop HIL, Open Loop HIL), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Automotive Hardware-in-the-Loop.

Regionally, the report analyzes the Automotive Hardware-in-the-Loop markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Automotive Hardware-in-the-Loop market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Automotive Hardware-in-the-Loop market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Automotive Hardware-in-the-Loop industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Closed Loop HIL, Open Loop HIL).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Automotive Hardware-in-the-Loop market.

Regional Analysis: The report involves examining the Automotive Hardware-in-the-Loop market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Automotive Hardware-in-the-Loop market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Automotive Hardware-in-the-Loop:

Company Analysis: Report covers individual Automotive Hardware-in-the-Loop players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Automotive Hardware-in-the-Loop This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Powertrain, New Energy Vehicle).

Technology Analysis: Report covers specific technologies relevant to Automotive Hardware-in-the-Loop. It assesses the current state, advancements, and potential future developments in Automotive Hardware-in-the-Loop areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Automotive Hardware-in-the-Loop market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Automotive Hardware-in-the-Loop market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Closed Loop HIL
Open Loop HIL

Market segment by Application
Powertrain
New Energy Vehicle
Body Electronics
Intelligent Driving
Others

Market segment by players, this report covers
DSpace GmbH
National Instruments
Vector Informatik
Siemens
Robert Bosch Engineering
MicroNova AG
Opal-RT Technologies
LHP Engineering Solutions
Ipg Automotive GmbH
Typhoon HIL
Eontronix
Wineman Technology
Speedgoat

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Automotive Hardware-in-the-Loop product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Automotive Hardware-in-the-Loop, with revenue, gross margin and global market share of Automotive Hardware-in-the-Loop from 2019 to 2024.

Chapter 3, the Automotive Hardware-in-the-Loop competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Automotive Hardware-in-the-Loop market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Automotive Hardware-in-the-Loop.

Chapter 13, to describe Automotive Hardware-in-the-Loop research findings and conclusion.