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Global Automotive Simulation Market Forecast to 2025 - Rapid Technological Changes & Increasing Focus on R&D Activities Driving Market GrowthDUBLIN, Nov. 28, 2018 /PRNewswire/ -- The "Automotive Simulation Market by Deployment (On-premises, Cloud), Component (Software, Services), End Market (OEM, Automotive Component Manufacturers, Regulatory Bodies), and Region (Asia Pacific, Europe, North America, RoW) - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.  Rapid technological changes as a result of an increase in the government regulations related to vehicle safety, and increasing focus on R&D activities to fuel the demand for the automotive simulation market The global automotive simulation market is projected to grow at a CAGR of 11.1% during the forecast period, from USD 1.4 billion in 2018 to USD 2.9 billion by 2025. The growing number of connected cars and electronic content per vehicle and reinforcement of mandates by regulatory bodies for vehicle safety and comfort are driving the automotive simulation market. The technological advancements such as autonomous vehicles, truck-platooning, Vehicle-to-everything (V2X) are expected to create opportunities for the automotive simulation market in the coming years. However, complexities in real-time control can restrain the growth of the automotive simulation market. Lack of benchmarks and standards in the simulation and analysis market and integration complexities can pose challenges for the automotive simulation market. Cloud segment to grow at a significant rate during the forecast period. The cloud segment of the automotive simulation market is projected to grow at the highest CAGR during the forecast period. Various benefits over the on-premises segment such as pay-per-use model, flexibility, speed in accessibility, and low installation and maintenance cost are driving the growth of the automotive simulation market. The use of automotive simulation software by regulatory bodies will increase at the highest rate as the industry moves toward new priorities of manufacturing self-driving cars and environment-friendly vehicles. Thus, the old regulations need a lot of revision, and several new laws need to be created. For this, the governing bodies need to understand the functioning of the vehicles properly. Automotive simulation software will be helpful for the same. Thus, the increasing government regulations in various regions are driving the simulation market for regulatory bodies. The North America region is estimated to grow at the highest CAGR in the automotive simulation market during the forecast period. The increasing number of connected vehicles and a growing awareness of green vehicles among people are expected to fuel the growth of the automotive simulation market in the North America region. Moreover, the US has taken an aggressive stance on testing self-driving vehicles as well as making their EVs more intelligent. Owing to this, the automotive simulation market is expected to gain more popularity in the region. Key Topics Covered: 1 Introduction 1.5 Package Size 1.6 Limitation 1.7 Stakeholders 2 Research Methodology 2.1 Research Data 2.2 Secondary Data 2.3 Primary Data 2.4 Data Triangulation 2.5 Assumptions 3 Executive Summary 4 Premium Insights 4.1 Attractive Opportunities in the Automotive Simulation Market 4.2 Automotive Simulation Market in Asia Pacific, By Component and Country 4.3 Automotive Simulation Market: Major Countries 4.4 Automotive Simulation Market, By Application 4.5 Automotive Simulation Market, By Deployment 4.6 Automotive Simulation Market, By Component 4.7 Automotive Simulation Market, By End Market 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Rapid Technological Changes 5.2.1.2 Increasing Focus on R&D Activities 5.2.2 Restraints 5.2.2.1 Complexities in Real-Time Control 5.2.3 Opportunities 5.2.3.1 Increasing Developments in the Field of Autonomous and Semi-Autonomous Vehicles 5.2.4 Challenges 5.2.4.1 Integration Complexities 5.2.4.2 Lack of Benchmark and Standards in the Simulation and Analysis Market 6 Automotive Simulation Market, By End Market 6.1 Introduction 6.2 OEM 6.2.1 Asia Pacific is Estimated to Be the Largest Market for OEM Segment of Automotive Simulation Market 6.3 Automotive Component Manufacturers 6.3.1 The North America is Estimated to Be the Fastest Growing Segment for Automotive Component Manufacturer Segment of Automotive Simulation Market 6.4 Regulatory Bodies 6.4.1 Europe Hold the Largest Market Share in Regulatory Bodies Segment 7 Automotive Simulation Market, By Deployment 7.1 Introduction 7.2 On-Premises 7.2.1 On-Premises Segment is Estimated to Contribute Highest Market Share During the Forecast Period 7.3 Cloud 7.3.1 Cloud Segment is Estimated to Grow at A Significant Rate Owing to Its Cost Effectiveness 8 Automotive Simulation Market, By Component 8.1 Introduction 8.2 Software 8.2.1 North America is Estimated to Be the Fastest Market for Software Segment 8.3 Services 8.3.1 Increase in Demand for Pay Per Use is Driving the Market for Services Segment 9 Automotive Simulation Market, By Application 9.1 Introduction 9.2 Prototyping 9.2.1 Asia Pacific Segment is Largest Market for Prototyping 9.3 Testing 9.3.1 Increase in Government Regulation is Driving the Market for Testing Segment 10 Automotive Simulation Market, By Region 10.1 Introduction 10.2 Asia Pacific 10.2.1 China 10.2.1.1 With Maximum Share in Global Vehicle Production China is Estimated to Be the Second Largest Market in Asia Pacific 10.2.2 Japan 10.2.2.1 Presence of Innovative OEMs is One of the Key Factor to Make Japan Largest Market in Asia Pacific 10.2.3 India 10.2.3.1 India is Estimated to Be the Fastest Growing Market as OEMs are Moving Their R&D Base to the Country Owing to Its Cost Effectiveness 10.2.4 South Korea 10.2.4.1 On-Premises Segment is Estimated to Be Largest Market in South Korea 10.2.5 Thailand 10.2.5.1 Growing Demand of Connected Safety and Convenient Features to Drive the Market 10.2.6 Rest of Asia Pacific 10.2.6.1 Cloud Segment is Estimated to Grow at Significant Growth Rate 10.3 Europe 10.3.1 France 10.3.1.1 Rise in Electronic Content Will Boost the Market of Testing in Automotive Simulation Market 10.3.2 Germany 10.3.2.1 Internationally Renowned Innovation Hub Germany is Estimated to Be the Largest Market in European Region 10.3.3 Russia 10.3.3.1 Services Segment is Estimated to Be the Fastest Segment 10.3.4 Spain 10.3.4.1 On-Premises and Software Segment is Estimated to Be the Largest 10.3.5 Turkey 10.3.5.1 Cloud and Services Segment is Fastest Growing Segment 10.3.6 UK 10.3.6.1 UK is Estimated to Be the Fastest Growing Market Owing to Large Demand for Premium Cars With Advanced Safety and Comfort Functions 10.3.7 Rest of Europe 10.3.7.1 Services Segment is Estimated to Be the Fastest Growing Segment 10.4 North America 10.4.1 US 10.4.1.1 an Aggressive Stance on Testing Self-Driving Vehicles Would Make the Market Dominate in the Region 10.4.2 Canada 10.4.2.1 Software Segment Will Dominate the Market 10.4.3 Mexico 10.4.3.1 Mexico is Estimated to Be Second Largest Market for Automotive Simulation Market in the Region 10.5 Rest of the World 10.5.1 Brazil 10.5.1.1 Growing Connected Infrastructure Will Make the Automotive Simulation Market to Rise 10.5.2 Iran 10.5.2.1 Cloud Segment is Estimated to Grow at Significant Growth Rate 10.5.3 Others 10.5.3.1 Software Segment is Estimated to Be Largest Market By 2025 11 Competitive Mapping 11.1 Overview 11.2 Market Ranking Analysis 11.3 Competitive Situation & Trends 11.3.1 New Product Developments/ Product Enhancement 11.3.2 Expansions 11.3.3 Partnerships/Supply Contracts/Collaborations/ Joint Ventures 11.3.4 Acquisitions/Agreements 12 Company Profiles 12.1 Altair Engineering 12.2 Ansys 12.3 PTC 12.4 Siemens 12.5 Autodesk 12.6 Dassault Systmes 12.7 Synopsys 12.8 Mathworks 12.9 ESI 12.10 IPG Automotive 12.11 AVL 12.12 Aras 12.13 Comsol 12.14 Simul8 Corporation 12.15 Design Simulation Technologies 12.16 Dspace GmbH 12.17 Opal-Rt 12.18 Simscale 12.19 Anylogic For more information about this report visit https://www.researchandmarkets.com/research/p34wcl/global_automotive?w=5 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets
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