Report Description

Global Automotive Simulation Market, By Deployment (On-premises and Cloud), By Application (Prototyping and Testing), By Component (Software and Services), By Sales Channel (OEMs and Aftermarket), By Company and By Geography, Forecast & Opportunities, 2024

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Automotive

Global Automotive Simulation market is anticipated to reach USD 2.5 Billion by 2024, growing at a CAGR of over 11% during the forecast period, due to the rising number of connected cars and electronic content per vehicle and government regulations for the comfort and security. Moreover, technological advancements such as vehicle to everything are expected the fuel the growth of the market while integration complexity is still a challenge.

Based on the deployment, the market has been bifurcated into On-premises and Cloud. Owing to the benefits, such as flexibility, low installation and maintenance cost, cloud deployment segment is anticipated to acquire significant share during the forecast period.

Testing segment to register the highest CAGR during the forecast period

Based on the application, the market has been segmented into Prototyping and Testing. The testing segment is projected to register the highest CAGR during the forecast period due to the rising application in the automotive industry.

Geographically, the market has been segmented into Asia Pacific, North America, South America, Middle East & Africa and Europe. Asia Pacific dominated the market during the forecast period due to the rising automobile production and industrial developments in the region.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyse and forecast the market size of Global Automotive Simulation Market, in terms of value.
  • To classify and forecast Global Automotive Simulation Market based on deployment, application, component, sales channel and regional distribution.
  • To identify drivers and challenges for Global Automotive Simulation Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Automotive Simulation Market.
  • To conduct the pricing analysis for Global Automotive Simulation Market.
  • To identify and analyse the profile of leading players involved in the Global Automotive Simulation.

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Some of the leading players in the Global Automotive Simulation Market are Altair Engineering, Inc., ANSYS, Inc., Siemens Ltd., PTC, Autodesk Inc., Dassault Systèmes, The MathWorks, Inc., Synopsys, Inc., dSPACE GmbH, Design Simulation Technologies, Inc., etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the solution providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.

TechSci Research calculated the market size of Global Automotive Simulation Market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Vendors
  • End Users
  • Suppliers and distributors
  • Government and other regulatory bodies
  • Technology investors
  • Research institutes and organizations
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration solution providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Automotive Simulation Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Deployment:
    • On-premises
    • Cloud
  • Market, By Component:
    • Software
    • Services
  • Market, By Application:
    • Prototyping
    • Testing
  • Market, By Sales Channel:
    • OEMs
    • Aftermarket
  • Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • New Zealand
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Netherlands
      • Russia
      • Poland
      • Sweden
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Chile
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Automotive Simulation Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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