Global Hardware in the Loop Market Size, Status and Forecast 2019-2025
Hardware in the Loop (HIL) simulation is a technique that is used in the development and test of complex process systems. HIL simulation provides an effective platform by adding the complexity of the plant under control to the test platform. The complexity of the plant under control is included in test and development by adding a mathematical representation of all related dynamic systems. These mathematical representations are referred to as the “plant simulation.”
The hardware in the loop market is related concentrated market; the revenue of top ten manufacturers accounts about 70% of the total revenue in 2016. The high-end products mainly come from Europe and USA.
Innovation and Development of simulation test projects has led to the increasing demand for Hardware in the loop. Increasing simulation test projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the HIL system market during the forecast period.
In 2018, the global Hardware in the Loop market size was 600 million US$ and it is expected to reach 970 million US$ by the end of 2025, with a CAGR of 6.2% during 2019-2025.
This report focuses on the global Hardware in the Loop status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Hardware in the Loop development in United States, Europe and China.
The key players covered in this study
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
Market segment by Type, the product can be split into
Open Loop HIL
Closed Loop HIL
Market segment by Application, split into
Automotive
Aerospace
Power Electronics
Research & Education
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Hardware in the Loop status, future forecast, growth opportunity, key market and key players.
To present the Hardware in the Loop development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Hardware in the Loop are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
The hardware in the loop market is related concentrated market; the revenue of top ten manufacturers accounts about 70% of the total revenue in 2016. The high-end products mainly come from Europe and USA.
Innovation and Development of simulation test projects has led to the increasing demand for Hardware in the loop. Increasing simulation test projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the HIL system market during the forecast period.
In 2018, the global Hardware in the Loop market size was 600 million US$ and it is expected to reach 970 million US$ by the end of 2025, with a CAGR of 6.2% during 2019-2025.
This report focuses on the global Hardware in the Loop status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Hardware in the Loop development in United States, Europe and China.
The key players covered in this study
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
Market segment by Type, the product can be split into
Open Loop HIL
Closed Loop HIL
Market segment by Application, split into
Automotive
Aerospace
Power Electronics
Research & Education
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Hardware in the Loop status, future forecast, growth opportunity, key market and key players.
To present the Hardware in the Loop development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Hardware in the Loop are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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