Automotive System Simulation Software Market Scope And Analysis

Report Code : TIPRE00026863
Category : Technology, Media and Telecommunications

No. of Pages : 150

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Automotive System Simulation Software Market Scope, Analysis, and Trends by 2028

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Automotive System Simulation Software Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 1.87 Billion
Market Size by 2031	US$ 5.32 Billion
Global CAGR (2023 - 2031)	13.9%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Type Transmission Engine Electric Propulsion Fuel Cell Driveline Chassis By Vehicle Type Commercial Vehicle and Passenger Car By Propulsion Type ICE and Electric
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	ESI Group ANSYS Inc Hexagon AB dSPACE GmbH Siemens Modelon IPG Automotive GmbH Realtime Technologies Gamma Technologies LLC SimScale GmbH

Automotive System Simulation Software Market News and Recent Developments

The automotive system simulation software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive system simulation software market are listed below:

Altair, one of the global leaders in computational intelligence, announced it had acquired Research in Flight, maker of FlightStream, which provides computational fluid dynamics (CFD) software with a large footprint in the aerospace and defense sector and a growing presence in marine, energy, turbomachinery, and automotive applications. FlightStream is a user-friendly yet powerful flow solver that bridges the gap between high-fidelity CFD simulations and the needs of engineers and designers. (Source: Altair, Company Website, May 2024)
Rohde & Schwarz teamed up with IPG Automotive, a pioneer in virtual test driving, to redefine automotive radar Hardware-in-the-Loop (HIL) integration testing, thereby reducing the cost by bringing Autonomous Driving (AD) testing from the proving ground to the development lab. Combining the CarMaker simulation software from IPG Automotive with the R&S AREG800A radar object simulator and the R&S QAT100 advanced antenna array provides vehicle manufacturers with the ability to simulate ADAS/AD scenarios like those defined in the Euro NCAP in a controlled, safe, time-efficient and cost-reducing way. (Source: Rohde & Schwarz Company Website, April 2024)

Automotive System Simulation Software Market Report Coverage and Deliverables

The “Automotive System Simulation Software Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Automotive system simulation software market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
Automotive system simulation software market trends as well as market dynamics such as drivers, restraints, and key opportunities.
Detailed PEST/Porter’s Five Forces and SWOT analysis
Automotive system simulation software market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automotive system simulation software market.
Detailed company profiles.