Automotive Simulation
Market Overview:
As
per the analysis by Market Research Future Reports (MRFR), the global Automotive Simulation Market 2020
is majorly driven due to investment by automobile OEMs in developing the
vehicle technology. Developing smart electronics, safety-critical control
software, and autonomous driving systems contribute to the expansion of the
market. In addition to it, the
increasing concern for the environment has resulted in a rise in environment-friendly
simulation program generators that drive the market. Besides, the increasing
demand for designing simulators to control the weather, traffic, pedestrians,
wildlife, and other vehicles have also contributed to the expansion of the market.
Furthermore,
automotive simulation allows to re-engineer different parts of vehicles and
innovates through rapid virtual prototyping and testing for electrification,
smart controls, light-weighting, and energy efficiency. The evaluation of
electric, hybrid, and conventional drive systems consist of thermal management,
and operating strategies are estimated to propel the market. Automotive
simulator and its software are regulated through modeling systems and real-time
simulation, which helps in the coordination and configuration of the vehicle's
regulation, driver feedback, and dynamics through a graphical interface. The
new vehicle test applications demand well-equipped devices, innovation, and
environment-friendly solutions due to the increasing concern for protecting the
environment. These factors have contributed significantly to expanding the
market.
The
outbreak of COVID-19 has changed the market dynamics. Several regions have been
affected by stringent lockdown, which affected the daily operations of several
companies. We will provide COVID-19 impact analysis with the report.
Market Segmentation
The
global Automotive Simulation Market can be classified based on end-users,
components, applications, deployment, and region.
Based
on the application, the global Automotive Simulation Market can be classified
into mechanical components, drive systems, and fluid power.
Based
on end-users, the global Automotive Simulation Market can be classified into
component suppliers, OEM, and research & engineering organizations
Based
on the component, the global Automotive Simulation Market can be classified
into services and software.
Based
on deployment, the global Automotive Simulation Market can be classified into the
cloud and on-premises.
Based
on the region, the global Automotive Simulation Market can be classified into
Europe, North America, Asia-Pacific, and the Rest of the World (RoW).
Geographical Analysis
The
geographical analysis of Europe, North America, Asia-Pacific, and the Rest of
the World (RoW) has been conducted. As per the analysis by MRFR, the European
market is likely to acquire maximum market share during the review period. The
European market is propelling due to the strict rules for vehicle manufacturing
and testing and the increasing investment by the established OEMs in the
region. On the other hand, the substantial investments made by OEMs,
governmental bodies, component suppliers are likely to influence the Automotive
Simulation Market in North America during the forecast period. The market in the
APAC region is likely to be driven due to the growing sales and manufacture of electric
vehicles. Besides, developing economies like India, China, and Japan play a
significant role in the regional expansion of the market.
Market Competitors
The
forefront players of the global Automotive Simulation Market are ESI Group (Germany), dSPACE GmbH (Germany),
ANSYS, Inc. (US), MOOG INC. (US), PG
Automotive GmbH (Germany), Siemens PLM (US), Dassault Systèmes (France), and
TESIS GmbH (Germany).
Industry News
Canadian
robot software provider RoboDK has partnered with automation expert RobCO SWAT
from Bulgaria to offer globe's best experts with the latest Industry 4.0
solutions. In the latest project for Mercedes-Benz, RobCo SWAT used RoboDK
software to simulate ABB and Motoman robots working on a range of automotive
manufacturing tasks, including assembly and painting.
Read
more insightful report:
Off-road Electric Vehicles Market
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