Automotive System Simulation Software Market Size, Scope, and Share by 2028
Automotive System Simulation Software Market: Strategic Insights
Automotive System Simulation Software Market
-
CAGR (2023 - 2031)13.9% -
Market Size 2023
US$ 1.87 Billion -
Market Size 2031
US$ 5.32 Billion
Market Dynamics
GROWTH DRIVERS
- Rapid Increase in the Production of New Vehicles to Favor Market
FUTURE TRENDS
- Increasing popularity of the autonomous vehicles is anticipated to fuel the market growth in the forecast period.
OPPORTUNITIES
- Booming automotive sector in APAC.
Key Players
- ESI Group
- ANSYS Inc
- Hexagon AB
- dSPACE GmbH
- Siemens
- Modelon
- IPG Automotive GmbH
- Realtime Technologies
- Gamma Technologies LLC
- SimScale GmbH
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Transmission
- Engine
- Electric Propulsion
- Fuel Cell
- Driveline
- Chassis
Vehicle Type
- Commercial Vehicle and Passenger Car
Propulsion Type
- ICE and Electric