Global Automotive Simulation Market Research Report Published by market Research Future. The Global Automotive Simulation Market is expected to witness ~10% CAGR during the period, 2019 to 2023.
The evolution of electric, hybrid, and conventional drive systems including operating strategies and thermal management is expected to augment the growth of automotive simulation market. Furthermore, growth in automotive production is estimated to accelerate the growth of automotive simulation market.
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Automotive Simulation Market Highlights:
Technology advancement and continuous improvement are the major fields where the vehicle manufacturers and component suppliers are working to offer energy efficient and cost-effective solutions to the end users. Furthermore, rising demand for maximizing the operational productivity, support continuous improvement, and response to changing customer demand have resulted in vehicle OEMs, assemblers, component suppliers, and government organizations to rely on the simulation software.
Recent developments have offered OEMs and suppliers to roll-out simulation intellectual property, and framework for re-use and deployment. The simulation process management offers and provides companies to market their knowledge to real added value. Also, it further helps in re-application, re-use, and smart capture of new and existing simulation methods through the organization. Moreover, simulation helps in analyzing different behaviors such as heat transfer, linear and non-linear solids, vibrations, among others.
Market Research Analysis
In terms of region, the global market for the Automotive Simulation is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Europe region is estimated to hold the largest market share during the forecast period owing to growing production of automobiles. Moreover, significant adoption of cost-effective testing and simulating solutions by vehicle manufacturers and component suppliers to boost the demand for Automotive Simulation Market in this region.
North America is estimated to grow at a significant rate in Automotive Simulation Market during forecast period owing to developments and innovations in efficient solutions for simulating and testing of vehicles by prominent manufacturers in the region.
Asia Pacific is estimated to witness substantial growth during the forecast period owing to increasing automotive production in countries such as India, Japan, and China.
Scope of the Report
This study provides an overview of the global Automotive Simulation Market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
Segmentation:
Global Automotive Simulation Market Segmented by solutions, system, vehicle type, propulsion, and region.
By Application
Drive Systems
Mechanical Components
Fluid Power
By End Users
OEM
Component suppliers
Research & Engineering Organizations
By Deployment
On-premises
Cloud
By Component
Software
Services
By Regions
North America
Asia-Pacific
Europe
Rest of the World
Table Of Contents
1. Executive Summary
2. Scope Of The Report
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Definition
2.2.2. Research Objective
2.2.3. Assumptions
2.2.4. Limitations
2.3. Research Process
2.3.1. Primary Research
2.3.2. Secondary Research
2.4. Market Size Estimation
2.5. Forecast Model
3. Market Landscape
3.1. Porter’s Five Forces Analysis
3.1.1. Threat Of New Entrants
3.1.2. Bargaining Power Of Buyers
3.1.3. Threat Of Substitutes
3.1.4. Segment Rivalry
3.1.5. Bargaining Power Of Buyers
3.2. Value Chain/Supply Chain Analysis
Continued…
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