Automotive Hardware-in-the-Loop Market

Hardware-in-the-loop (HIL) technique is used to analyze complex real-time embedded systems. The HIL system provides an effective platform which for reduce the complexity of the plant and control the test platform. HIL technology offers high-quality output and reduces the cost involved and time needed. Hence, it is widely preferred in many applications such as aerospace, automotive, and others. Automotive sector adopts ECUs technology in accordance to meet various industry standards.
Automotive Hardware-in-the-Loop Market contains market size and forecasts of Automotive Hardware-in-the-Loop in Global, including the following market information:
Global Automotive Hardware-in-the-Loop Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Automotive Hardware-in-the-Loop market was valued at 549.6 million in 2021 and is projected to reach US$ 811.3 million by 2028, at a CAGR of 5.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Closed Loop HIL Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Hardware-in-the-Loop include DSpace GmbH, National Instruments, Vector Informatik, Siemens, Robert Bosch Engineering, MicroNova AG, Opal-RT Technologies, LHP Engineering Solutions and Ipg Automotive GmbH, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
surveyed the Automotive Hardware-in-the-Loop companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Hardware-in-the-Loop Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Automotive Hardware-in-the-Loop Market Segment Percentages, by Type, 2021 (%)
Closed Loop HIL
Open Loop HIL
Global Automotive Hardware-in-the-Loop Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Automotive Hardware-in-the-Loop Market Segment Percentages, by Application, 2021 (%)
Auto Parts
Engines
Electronics
Control System
Others
Global Automotive Hardware-in-the-Loop Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Automotive Hardware-in-the-Loop Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Hardware-in-the-Loop revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Automotive Hardware-in-the-Loop revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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