Visiongain Publishes Automotive Simulation Market 2020-2030 Report
LONDON, April 7, 2020 /PRNewswire/ --
The global automotive simulation market is expected to grow by exponential growth rate of 9.6% over the forecast period from 2020 to 2030. The market was valued at $1.6 billion in 2019 and has the potential to reach $4.4 billion by the end of forecast period 2030. Increasing investment by OEMs and other bodies in R&D as a result of altering public standards for car security, rapid technological and innovation changes, and adoption of AI technologies (machine learning and deep learning technologies) are expected to drive the automotive simulation industry.
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Some of the main variables driving market growth are increasing demand for environmentally friendly simulation program generators that tend to provide macro-level data; designing simulators to regulate traffic, weather, wildlife, pedestrians, and other cars; and improving the evaluation and comprehension of assembly plant decision-making processes.
Asia Pacific region is expected to be the largest market for automotive simulation due to rising industrialization & infrastructural development, healthy growth of automotive sector, and presence of major OEMs. The growth of middle-class population and standard of living in the region, particularly in China and India, is driving the sales of vehicles which further supported to the overall market demand.
By application, testing segment is expected to register highest growth in forecast period. Due to the increasing use of the simulation software for testing models and validating the findings with the required outcomes, the testing implementation is expected to drive the market. The simulation software reduces OEMs efforts during on-road and laboratory testing, helping them to improve their products and techniques over time.
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Leading companies featured in the Automotive Simulation Market Report 2020-2030 report include Altair Engineering, Ansys, Autodesk, Dassault Systèmes, ESI, IPG Automotive, Mathworks, PTC, Siemens, SIMUL8 CORPORATION among others. Mergers & acquisitions and joint ventures constitute some of the industry players' common strategies for reducing product price overall and maintaining extremely competitive conditions. In order to guarantee continued raw material supplies and ease of installation services, many actors in the sector create alliances with raw material providers and third-party installers.
The comprehensive report provides market estimates and forecasts for leading domestic markets across the world for the period from 2020 to 2030. In addition, the report includes dedicated leading companies covering 10 leading Simulation producers.
The report on the Automotive Simulation Market Report 2020-2030 will appreciate anyone who wants to better understand the market in various end use industries. It will be useful for companies that want to better understand the part of the market in which they are already involved or those that want to enter or expand into another regional or technical part of the Automotive Simulation industry.
Visiongain's timely report reveals how best to compete in this profitable market space and maximize your company's potential.
To find out more about this report please contact Sara Peerun at sara.peerun@visiongain.com or refer to our website: https://www.visiongain.com/report/automotive-simulation-market-report-2020-2030/
This report addresses the pertinent issues:
- Where are the most lucrative market prospects?
- Who are the leadings companies and what does the competitive landscape look like?
- What are the regional, technical and regulatory barriers to market entry?
- What are the technological issues and roadmap driving the market?
- Why is the market prospering and how can you fully exploit this?
- When will the market fully mature and why?
Research and Analysis Highlights
335 Tables, Charts and Graphs Illustrating the Global Automotive Simulation Market Prospects
Market Segmentation 2020-2030:
The global automotive Simulation market is segmented on the basis of End User, Deployments, Component, Application, and geography.
Automotive Simulation Submarket Forecasts by End User Covering the Period 2020-2030 ($M & Volume)
- OEMs Market Forecast 2020-2030 ($M & Volume)
- Automotive Component Manufacturers Market Forecast 2020-2030 ($M & Volume)
- Regulatory Bodies Market Forecast 2020-2030 ($M & Volume)
Automotive Simulation Submarket Forecasts by Deployments from 2020-2030 ($M & Volume)
- On-Premises Market Forecast 2020-2030 ($M & Volume)
- Cloud Market Forecast 2020-2030 ($M & Volume)
Automotive Simulation Submarket Forecasts by Component from 2020-2030 ($M & Volume)
- Software Market Forecast 2020-2030 ($M & Volume)
- Services Market Forecast 2020-2030 ($M & Volume)
Automotive Simulation Submarket Forecasts by Application from 2020-2030 ($M & Volume)
- Prototyping Market Forecast 2020-2030 ($M & Volume)
- Testing Market Forecast 2020-2030 ($M & Volume)
Regional Automotive Simulation Market Forecasts 2020-2030
North America Automotive Simulation Forecast 2020-2030 ($M & Volume)
- US Market Forecast 2020-2030 ($M & Volume)
- Canada Market Forecast 2020-2030 ($M & Volume)
- Mexico Market Forecast 2020-2030 ($M & Volume)
South America Automotive Simulation Forecast 2020-2030 ($M & Volume)
- Brazil Market Forecast 2020-2030 ($M & Volume)
- Argentina Market Forecast 2020-2030 ($M & Volume)
- Colombia Market Forecast 2020-2030 ($M & Volume)
- Rest of South America Market Forecast 2020-2030 ($M & Volume)
Europe Automotive Simulation Forecast 2020-2030 ($M & Volume)
- Germany Market Forecast 2020-2030 ($M & Volume)
- France Market Forecast 2020-2030 ($M & Volume)
- UK Market Forecast 2020-2030 ($M & Volume)
- Czech Republic Market Forecast 2020-2030 ($M & Volume)
- Spain Market Forecast 2020-2030 ($M & Volume)
- Turkey Market Forecast 2020-2030 ($M & Volume)
- Russia Market Forecast 2020-2030 ($M & Volume)
- Slovakia Market Forecast 2020-2030 ($M & Volume)
- Italy Market Forecast 2020-2030 ($M & Volume)
- Poland Market Forecast 2020-2030 ($M & Volume)
- Rest of Europe Market Forecast 2020-2030 ($M & Volume)
Asia Pacific Automotive Simulation Forecast 2020-2030 ($M & Volume)
- China Market Forecast 2020-2030 ($M & Volume)
- Japan Market Forecast 2020-2030 ($M & Volume)
- India Market Forecast 2020-2030 ($M & Volume)
- South Korea Market Forecast 2020-2030 ($M & Volume)
- Thailand Market Forecast 2020-2030 ($M & Volume)
- Malaysia Market Forecast 2020-2030 ($M & Volume)
- Indonesia Market Forecast 2020-2030 ($M & Volume)
- Taiwan Market Forecast 2020-2030 ($M & Volume)
- Rest of Asia Pacific Market Forecast 2020-2030 ($M & Volume)
Rest of the World Automotive Simulation Forecast 2020-2030 ($M & Volume)
- Middle East Market Forecast 2020-2030 ($M & Volume)
- Africa Market Forecast 2020-2030 ($M & Volume)
Profiles of 10 Leading Companies, Involved in Automotive Simulation Market
- Altair Engineering
- Ansys
- Autodesk
- Dassault Systèmes
- ESI
- IPG Automotive
- Mathworks
- PTC
- Siemens
- Simul8 Corporation
SWOT And Porter's Five Forces Analysis
Did you know that we also offer a report add-on service? Email sara.peerun@visiongain.com to discuss any customized research needs you may have.
Companies covered in the report include:
Altair Engineering
Ansys
Anylogic
Aras
Autodesk
AVL
Comsol
Dassault Systèmes
Design Simulation Technologies
Dspace GmbH
ESI
IPG Automotive
Mathworks
Opal-Rt
PTC
Siemens
Simscale
Simul8 Corporation
Synopsys
TESIS GmbH
To discuss this report please e-mail Sara Peerun on sara.peerun@visiongain.com
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SOURCE Visiongain
