Automotive Simulation Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The automotive simulation market is expected to witness market growth at a rate of approximately 11% in the forecast period of 2022 to 2028. Automotive simulation is advanced software that simulates passenger cars and their components for testing and development of driver assistance systems, on-board power electronics, vehicle dynamic control and engine control. Car simulation in a vehicle environment is increasingly being adopted in driving education because it helps people learn to drive without risk to life or vehicles. Automotive simulation in manufacturing also helps OEMs increase the efficiency of their products by detecting defects in vehicle components before they are mounted on the vehicle.

Company Profile

ESI Group (Germany), dSPACE GmbH (Germany), ANSYS, Inc. (US), MOOG INC. (US), DassaultSystèmes (France), PG Automotive GmbH (Germany), TESIS GmbH (Germany), Siemens PLM (US).

Market Segmentation

By Deployment

• On-premises
• Cloud

By Component

• Software
• Services

By End Market

• OEMs
• Automotive Component Manufacturers
• Regulatory Bodies

Scope of the Report

The research study analyzes the Automotive Simulation Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Simulation Market Report

1. What was the Automotive Simulation Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Automotive Simulation Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Automotive Simulation Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.