Home > Automotive > Automotive Technology > Automotive Simulation Market

Automotive Simulation Market Share

Report ID: GMI3200
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

Automotive Simulation Market Share

Automotive Simulation Company Market Share, 2024

Ansys Inc. and Siemens collectively held a substantial market share of over 12% in the automotive simulation industry in 2024. Both companies provide advanced tools for simulating vehicle performance, safety, aerodynamics, and system integration, which are essential for developing electric and autonomous vehicles. ANSYS specializes in finite element analysis (FEA), computational fluid dynamics (CFD), and electromagnetic simulations.

Siemens, through its Simcenter suite, offers integrated solutions for design, testing, and validation across various engineering domains. Their strong reputations, extensive customer bases, and ongoing innovation have established them as leaders in the market, securing a significant share in the automotive simulation sector.

Dassault Systèmes and Altair have implemented strategic initiatives to strengthen their positions in the automotive simulation market by enhancing their software capabilities and product portfolios. Dassault has focused on integrating 3D modeling and simulation through its CATIA and SIMULIA platforms, which support automotive design and virtual testing. The company is also investing in cloud-based solutions to improve accessibility. Altair has reinforced its market position by offering advanced solutions in structural, thermal, and CFD simulations. Additionally, Altair is promoting AI-driven design optimization through its HyperWorks platform.

Automotive Simulation Market Companies

Major players operating in the automotive simulation industry are:

Altair Engineering
Ansys
Anthony Best Dynamics
Autodesk
AVL List
Dassault
Design Simulation Technologies
dSPACE
ESI Group
Gamma Technologies

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of automotive simulation reached USD 3.6 billion in 2024 and is set to grow at an 11.4% CAGR from 2025 to 2034, driven by advancements in electric and autonomous vehicles.

The passenger car segment accounted for approximately 53.5% of the market share in 2024, supported by its significant role in the global automotive industry and the extensive use of simulation technologies in its development.

The North America market held a 36% revenue share in 2024, driven by the presence of major automotive manufacturers like Tesla, General Motors, and Ford, who heavily invest in simulation tools to enhance vehicle performance and safety.

The key players in the industry include Altair Engineering, Ansys, Anthony Best Dynamics, Autodesk, AVL List, Dassault, Design Simulation Technologies, dSPACE, ESI Group, and Gamma Technologies.