Automotive Simulation Market Overview:
The need for new and demanding vehicle test applications that require more innovative approaches, high-performance equipment, and new solutions is growing due to dramatic change in environment. Automotive simulator and its software elements are controlled through real-time simulation and modeling system that helps in easy configuration and coordination of the vehicle’s monitoring, dynamics, and driver feedback through graphical interface.
The global automotive simulation market is projected to witness significant growth during the study period. The rising production of automobiles is estimated to accelerate the growth of automotive simulation market. Furthermore, preliminary design and evaluation of electric, hybrid, and conventional drive systems including operating strategies and thermal management is expected to augment the growth of automotive simulation market. Automotive Simulation Market Size To Expand at a Notable CAGR Of 20% During 2019 – 2023
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Key Players in Automotive Simulation Market are-
The prominent players in the global Automotive Simulation Market include ESI Group (Germany), dSPACE GmbH (Germany), ANSYS, Inc. (US), MOOG INC. (US), Dassault Systèmes (France), PG Automotive GmbH (Germany), TESIS GmbH (Germany), Siemens PLM (US).
Automotive Simulation Market Segmentation:
The global Automotive Simulation Market is segmented on the basis of application, end users, deployment, component, and region.
On the basis of application, the market has been segmented into drive systems, mechanical components, and fluid power.
On the basis of end users, the market has been segmented into OEM, component suppliers, and research & engineering organizations.
On the basis of deployment, the market has been segmented into on-premises and cloud. On the basis of component, the market has been segmented into software and services.
Market Research Analysis:
In terms of region, the global market for the Automotive Simulation is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Europe region is estimated to hold the largest market share during the forecast period owing to growing production of automobiles. Moreover, significant adoption of cost-effective testing and simulating solutions by vehicle manufacturers and component suppliers to boost the demand for Automotive Simulation Market in this region.
North America is estimated to grow at a significant rate in Automotive Simulation Market during forecast period owing to developments and innovations in efficient solutions for simulating and testing of vehicles by proiminent manufacturers in the region.
Asia Pacific is estimated to witness substantial growth during the forecast period owing to increasing automotive production in countries such as India, Japan, and China.
Scope of the Report
This study provides an overview of the global Automotive Simulation Market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automotive Simulation Market by solutions, system, vehicle type, propulsion, and region.
Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/Supply Chain Analysis
Continue….
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