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Hardware-in-the-loop-Global Market Insights and Sales Trends 2024
Synopsis
Hardware-in-the-loop (HIL) technique is used to analyze complex real-time embedded systems. The HIL system provides an effective platform which for reduce the complexity of the plant and control the test platform. HIL technology offers high-quality output and reduces the cost involved and time needed. Hence, it is widely preferred in many applications such as aerospace, automotive, and others. Automotive sector adopts ECUs technology in accordance to meet various industry standards. Electronic companies use HIL technique in various applications such as nuclear power plant control systems, wind turbine generators, developing and testing of electronic grids, photovoltaic inverter, and so on.
The global Hardware-in-the-loop market size is expected to reach US$ 672.1 million by 2029, growing at a CAGR of 3.7% from 2023 to 2029. The market is mainly driven by the significant applications of Hardware-in-the-loop in various end use industries. The expanding demands from the Power Electronics, Automotive, Research & Education and Aerospace & Defense, are propelling Hardware-in-the-loop market. Automotive Systems, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Radar segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Hardware-in-the-loop market, driven by demand from China, the second largest economy with some signs of stabilising, the Hardware-in-the-loop market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hardware-in-the-loop, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hardware-in-the-loop market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hardware-in-the-loop market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hardware-in-the-loop sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hardware-in-the-loop covered in this report include DSpace GmbH, National Instruments, Vector Informatik, Siemens, Robert Bosch Engineering, MicroNova AG, Opal-RT Technologies, LHP Engineering Solutions and Ipg Automotive GmbH, etc.
The global Hardware-in-the-loop market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DSpace GmbH
National Instruments
Vector Informatik
Siemens
Robert Bosch Engineering
MicroNova AG
Opal-RT Technologies
LHP Engineering Solutions
Ipg Automotive GmbH
Typhoon HIL
Speedgoat GmbH
Eontronix
Wineman Technology
Modeling Tech
Global Hardware-in-the-loop market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hardware-in-the-loop market, Segment by Type:
Automotive Systems
Radar
Robotics
Power Systems
Offshore Systems
Global Hardware-in-the-loop market, by Application
Power Electronics
Automotive
Research & Education
Aerospace & Defense
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Hardware-in-the-loop companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Hardware-in-the-loop (HIL) technique is used to analyze complex real-time embedded systems. The HIL system provides an effective platform which for reduce the complexity of the plant and control the test platform. HIL technology offers high-quality output and reduces the cost involved and time needed. Hence, it is widely preferred in many applications such as aerospace, automotive, and others. Automotive sector adopts ECUs technology in accordance to meet various industry standards. Electronic companies use HIL technique in various applications such as nuclear power plant control systems, wind turbine generators, developing and testing of electronic grids, photovoltaic inverter, and so on.
The global Hardware-in-the-loop market size is expected to reach US$ 672.1 million by 2029, growing at a CAGR of 3.7% from 2023 to 2029. The market is mainly driven by the significant applications of Hardware-in-the-loop in various end use industries. The expanding demands from the Power Electronics, Automotive, Research & Education and Aerospace & Defense, are propelling Hardware-in-the-loop market. Automotive Systems, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Radar segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Hardware-in-the-loop market, driven by demand from China, the second largest economy with some signs of stabilising, the Hardware-in-the-loop market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hardware-in-the-loop, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hardware-in-the-loop market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hardware-in-the-loop market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hardware-in-the-loop sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hardware-in-the-loop covered in this report include DSpace GmbH, National Instruments, Vector Informatik, Siemens, Robert Bosch Engineering, MicroNova AG, Opal-RT Technologies, LHP Engineering Solutions and Ipg Automotive GmbH, etc.
The global Hardware-in-the-loop market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DSpace GmbH
National Instruments
Vector Informatik
Siemens
Robert Bosch Engineering
MicroNova AG
Opal-RT Technologies
LHP Engineering Solutions
Ipg Automotive GmbH
Typhoon HIL
Speedgoat GmbH
Eontronix
Wineman Technology
Modeling Tech
Global Hardware-in-the-loop market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hardware-in-the-loop market, Segment by Type:
Automotive Systems
Radar
Robotics
Power Systems
Offshore Systems
Global Hardware-in-the-loop market, by Application
Power Electronics
Automotive
Research & Education
Aerospace & Defense
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Hardware-in-the-loop companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Hardware-in-the-loop
1.1 Hardware-in-the-loop Market Overview
1.1.1 Hardware-in-the-loop Product Scope
1.1.2 Hardware-in-the-loop Market Status and Outlook
1.2 Global Hardware-in-the-loop Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Hardware-in-the-loop Market Size by Region (2018-2029)
1.4 Global Hardware-in-the-loop Historic Market Size by Region (2018-2023)
1.5 Global Hardware-in-the-loop Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Hardware-in-the-loop Market Size (2018-2029)
1.6.1 North America Hardware-in-the-loop Market Size (2018-2029)
1.6.2 Europe Hardware-in-the-loop Market Size (2018-2029)
1.6.3 Asia-Pacific Hardware-in-the-loop Market Size (2018-2029)
1.6.4 Latin America Hardware-in-the-loop Market Size (2018-2029)
1.6.5 Middle East & Africa Hardware-in-the-loop Market Size (2018-2029)
2 Hardware-in-the-loop Market by Type
2.1 Introduction
2.1.1 Automotive Systems
2.1.2 Radar
2.1.3 Robotics
2.1.4 Power Systems
2.1.5 Offshore Systems
2.2 Global Hardware-in-the-loop Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Hardware-in-the-loop Historic Market Size by Type (2018-2023)
2.2.2 Global Hardware-in-the-loop Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Hardware-in-the-loop Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Hardware-in-the-loop Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Hardware-in-the-loop Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Hardware-in-the-loop Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Hardware-in-the-loop Revenue Breakdown by Type (2018-2029)
3 Hardware-in-the-loop Market Overview by Application
3.1 Introduction
3.1.1 Power Electronics
3.1.2 Automotive
3.1.3 Research & Education
3.1.4 Aerospace & Defense
3.1.5 Other
3.2 Global Hardware-in-the-loop Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Hardware-in-the-loop Historic Market Size by Application (2018-2023)
3.2.2 Global Hardware-in-the-loop Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Hardware-in-the-loop Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Hardware-in-the-loop Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Hardware-in-the-loop Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Hardware-in-the-loop Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Hardware-in-the-loop Revenue Breakdown by Application (2018-2029)
4 Hardware-in-the-loop Competition Analysis by Players
4.1 Global Hardware-in-the-loop Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Hardware-in-the-loop as of 2022)
4.3 Date of Key Players Enter into Hardware-in-the-loop Market
4.4 Global Top Players Hardware-in-the-loop Headquarters and Area Served
4.5 Key Players Hardware-in-the-loop Product Solution and Service
4.6 Competitive Status
4.6.1 Hardware-in-the-loop Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 DSpace GmbH
5.1.1 DSpace GmbH Profile
5.1.2 DSpace GmbH Main Business
5.1.3 DSpace GmbH Hardware-in-the-loop Products, Services and Solutions
5.1.4 DSpace GmbH Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.1.5 DSpace GmbH Recent Developments
5.2 National Instruments
5.2.1 National Instruments Profile
5.2.2 National Instruments Main Business
5.2.3 National Instruments Hardware-in-the-loop Products, Services and Solutions
5.2.4 National Instruments Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.2.5 National Instruments Recent Developments
5.3 Vector Informatik
5.3.1 Vector Informatik Profile
5.3.2 Vector Informatik Main Business
5.3.3 Vector Informatik Hardware-in-the-loop Products, Services and Solutions
5.3.4 Vector Informatik Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.3.5 Siemens Recent Developments
5.4 Siemens
5.4.1 Siemens Profile
5.4.2 Siemens Main Business
5.4.3 Siemens Hardware-in-the-loop Products, Services and Solutions
5.4.4 Siemens Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.4.5 Siemens Recent Developments
5.5 Robert Bosch Engineering
5.5.1 Robert Bosch Engineering Profile
5.5.2 Robert Bosch Engineering Main Business
5.5.3 Robert Bosch Engineering Hardware-in-the-loop Products, Services and Solutions
5.5.4 Robert Bosch Engineering Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.5.5 Robert Bosch Engineering Recent Developments
5.6 MicroNova AG
5.6.1 MicroNova AG Profile
5.6.2 MicroNova AG Main Business
5.6.3 MicroNova AG Hardware-in-the-loop Products, Services and Solutions
5.6.4 MicroNova AG Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.6.5 MicroNova AG Recent Developments
5.7 Opal-RT Technologies
5.7.1 Opal-RT Technologies Profile
5.7.2 Opal-RT Technologies Main Business
5.7.3 Opal-RT Technologies Hardware-in-the-loop Products, Services and Solutions
5.7.4 Opal-RT Technologies Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.7.5 Opal-RT Technologies Recent Developments
5.8 LHP Engineering Solutions
5.8.1 LHP Engineering Solutions Profile
5.8.2 LHP Engineering Solutions Main Business
5.8.3 LHP Engineering Solutions Hardware-in-the-loop Products, Services and Solutions
5.8.4 LHP Engineering Solutions Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.8.5 LHP Engineering Solutions Recent Developments
5.9 Ipg Automotive GmbH
5.9.1 Ipg Automotive GmbH Profile
5.9.2 Ipg Automotive GmbH Main Business
5.9.3 Ipg Automotive GmbH Hardware-in-the-loop Products, Services and Solutions
5.9.4 Ipg Automotive GmbH Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.9.5 Ipg Automotive GmbH Recent Developments
5.10 Typhoon HIL
5.10.1 Typhoon HIL Profile
5.10.2 Typhoon HIL Main Business
5.10.3 Typhoon HIL Hardware-in-the-loop Products, Services and Solutions
5.10.4 Typhoon HIL Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.10.5 Typhoon HIL Recent Developments
5.11 Speedgoat GmbH
5.11.1 Speedgoat GmbH Profile
5.11.2 Speedgoat GmbH Main Business
5.11.3 Speedgoat GmbH Hardware-in-the-loop Products, Services and Solutions
5.11.4 Speedgoat GmbH Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.11.5 Speedgoat GmbH Recent Developments
5.12 Eontronix
5.12.1 Eontronix Profile
5.12.2 Eontronix Main Business
5.12.3 Eontronix Hardware-in-the-loop Products, Services and Solutions
5.12.4 Eontronix Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.12.5 Eontronix Recent Developments
5.13 Wineman Technology
5.13.1 Wineman Technology Profile
5.13.2 Wineman Technology Main Business
5.13.3 Wineman Technology Hardware-in-the-loop Products, Services and Solutions
5.13.4 Wineman Technology Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.13.5 Wineman Technology Recent Developments
5.14 Modeling Tech
5.14.1 Modeling Tech Profile
5.14.2 Modeling Tech Main Business
5.14.3 Modeling Tech Hardware-in-the-loop Products, Services and Solutions
5.14.4 Modeling Tech Hardware-in-the-loop Revenue (US$ Million) & (2018-2023)
5.14.5 Modeling Tech Recent Developments
6 North America
6.1 North America Hardware-in-the-loop Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Hardware-in-the-loop Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Hardware-in-the-loop Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Hardware-in-the-loop Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Hardware-in-the-loop Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Hardware-in-the-loop Market Dynamics
11.1 Hardware-in-the-loop Industry Trends
11.2 Hardware-in-the-loop Market Drivers
11.3 Hardware-in-the-loop Market Challenges
11.4 Hardware-in-the-loop Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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