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Impact of Covid-19 on Automotive Simulation Market 2020: Prosperous Growth, Recent Trends and Demand by Top Vendors- ESI Group, dSPACE GmbH, ANSYS

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Chaitali Mahajan
Impact of Covid-19 on Automotive Simulation Market 2020: Prosperous Growth, Recent Trends and Demand by Top Vendors- ESI Group, dSPACE GmbH, ANSYS

Market Synopsis 

Market Research Future (MRFR) in the new report on the Global Automotive Simulation Market 2020, states determiners and restrains on the market. As per the analysis by MRFR, the global market is majorly driven due to investment by automobile OEMs in developing the vehicle technology. Developing smart electronics, safety-critical control software, and autonomous driving systems contribute to the expansion of the market. In addition to it, the increasing concern for the environment has resulted in a rise in environment-friendly simulation program generators that drive the market. Besides, the increasing demand for designing simulators to control the weather, traffic, pedestrians, wildlife, and other vehicles have also contributed to the expansion of the market.

 

Market Competitors

The forefront players of the global automotive simulation market are ESI Group (Germany), dSPACE GmbH (Germany), ANSYS, Inc. (US), MOOG INC. (US), PG Automotive GmbH (Germany), Siemens PLM (US), Dassault Systèmes (France), and TESIS GmbH (Germany).

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Market Segmentation      

The global automotive simulation market can be classified based on end-users, components, applications, deployment, and region.

  • Based on the application, the global automotive simulation market can be classified into mechanical components, drive systems, and fluid power.
  • Based on end-users, the global automotive simulation market can be classified into component suppliers, OEM, and research & engineering organizations
  • Based on the component, the global automotive simulation market can be classified into services and software.
  • Based on deployment, the global automotive simulation market can be classified into the cloud and on-premises.
  • Based on the region, the global automotive simulation market can be classified into Europe, North America, Asia-Pacific, and the Rest of the World (RoW).

Geographical Analysis 

The geographical analysis of Europe, North America, Asia-Pacific, and the Rest of the World (RoW) has been conducted. As per the analysis by MRFR, the European market is likely to acquire maximum market share during the review period. The European market is propelling due to the strict rules for vehicle manufacturing and testing and the increasing investment by the established OEMs in the region. On the other hand, the substantial investments made by OEMs, governmental bodies, component suppliers are likely to influence the automotive simulation market in North America during the forecast period. The market in the APAC region is likely to be driven due to the growing sales and manufacture of electric vehicles. Besides, developing economies like India, China, and Japan play a significant role in the regional expansion of the market. 

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Get More Information: https://www.marketresearchfuture.com/reports/automotive-simulation-market-7280

Major Highlights of TOC Covers:

  1. Executive Summary
  2. Key Business Trends
  3. Regional Trends and Growth
  4. Product Trends
  5. End-use Trends
  6. Definition and Forecast Parameters
  7. Automotive simulation Market Segmentation
  8. Automotive simulation Market Landscape
  9. Vendor Matrix
  10. Company Profiles
  11. Business Overview

Continued…..…

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Magarpatta Road, Hadapsar,

Pune - 411028                              

Maharashtra, India

+1 646 845 9312

Email: [email protected]

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