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Automotive Crash Impact Simulator Market Share

Report ID: GMI12056
Published Date: Oct 2024
Report Format: PDF

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Automotive Crash Impact Simulator Market Share

Automotive Crash Impact Simulator Company Market Share, 2023

Dassault Systèmes, Ansys, and Siemens collectively held a substantial market share of over 19% in the automotive crash impact simulator industry in 2023. Dassault Systèmes uses its 3DEXPERIENCE platform to provide an integrated environment for automotive design and simulation. This technique promotes collaboration at all stages of vehicle development, allowing manufacturers to seamlessly transition from virtual prototypes to real-world testing. Dassault improves efficiency and reduces time to market by providing CAD, simulation, and data management technologies.

ANSYS focuses on creating innovative simulation solutions that use artificial intelligence (AI) and machine learning (ML). This method improves the accuracy and efficiency of crash simulations, giving car makers predictive insights into vehicle performance during crashes. This enables improved design optimization and safety checks.

Siemens follows a strategy based on the digital twin concept, including Internet of Things (IoT) technology into its automotive simulation products. This allows manufacturers to develop virtual reproductions of automobiles that are constantly updated with real-time data from sensors during physical testing or vehicle operation. Siemens uses this data to help automobile firms optimize designs and improve safety features.

Automotive Crash Impact Simulator Market Companies

Major players operating in the automotive crash impact simulator industry are:

Altair
Ansys
Dassault Systèmes
ESI Group
Hexagon
Illinois Tool Works
MathWorks
Siemens
TUV SUD
VI-grade

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of automotive crash impact simulator reached USD 814.8 million in 2023 and is set to grow at a CAGR of 8.4% from 2024 to 2032, driven by the increasing demand for vehicle safety.

The ICE segment accounted for over 75% of the market share in 2023 and is expected to exceed USD 1.2 billion by 2032, as automakers integrate lightweight materials to enhance vehicle safety.

The U.S. market is expected to cross USD 430 million by 2032, led by the adoption of advanced simulation tools powered by AI and machine learning.

The key players in the industry include Altair, Ansys, Dassault Systèmes, ESI Group, Hexagon, Illinois Tool Works, MathWorks, Siemens, TUV SUD, and VI-grade.