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Automotive Simulation Market Share

Report ID: GMI3200
Published Date: Sep 2022
Report Format: PDF

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Automotive Simulation Market Share

Top companies operating in the automotive simulation market are:

Altair Engineering Inc
Ansys, Inc
Anthony Best Dynamics Limited
Autodesk Inc
AVL List GmbH
Dassault Systèmes
Design Simulation Technologies Inc
dSPACE GmbH
ESI Group
Gamma Technologies LLC
IPG Automotive GmbH
Numeca
OPAL-RT TECHNOLOGIES Inc
PTC
Siemens
SimScale
Simul8 Corporation
Synopsys Inc
The MathWorks Inc

These leaders are adopting multiple strategies, including portfolio diversification, product development, and mergers & acquisitions, to strengthen their market position.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive simulation valued at USD 2 billion in 2021 and is set to grow at more than 10% CAGR between 2022 and 2030, says this GMI report

The safety engineering segment is poised to progress at around 15% CAGR through 2030 on account of surging government emphasis on crash safety regulations and growing customer awareness pertaining to vehicle safety.

The software segment is expected to grow at more than 20% CAGR through the forecast period as a result of increased emphasis of market players on the development of simulation software with innovative and state-of-the-art technologies.

The Asia Pacific automotive simulation industry is estimated to witness substantial growth at over 15% CAGR through 2030 as a result of the surge in the demand for electric vehicles.