Global Electric Vehicle (EV) Virtual Prototyping Markets, 2030 – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD)–The “Electric Vehicle Virtual Prototyping Market – A Global and Regional Analysis: Focus on Product Type, Application Type, Deployment Type and Region – Analysis and Forecast, 2019-2030” the report was added to ResearchAndMarkets.com offer.

The global electric vehicle virtual prototyping market is expected to reach $ 5,613.2 million by 2030, with a CAGR of 33.83% during the forecast period 2021-2030.

Market segmentation

  • Application type: ECU, electronic systems, sensors, battery systems, charging systems, ADAS and autonomous system, engine and engine controller, others

  • Product type: design, simulation, validation

  • Type of deployment: on-premise, cloud

Regional segmentation

  • North America: United States, Canada and Mexico

  • Europe: Germany, France and rest of Europe

  • UK

  • China

  • Asia-Pacific and Japan: Japan, South Korea, India and rest of Asia-Pacific

  • Rest of the world

Dominant segment: North America

North America is currently the most advanced and competitive automotive market in terms of the production and distribution of electric vehicles. The presence of auto giants such as Ford, Tesla, GM and Fiat Chrysler is responsible for the cruise production of electric vehicles in the region. Companies created a forum where they could discuss, learn and share with experts from across the region as manufacturers increasingly focus on the exponential power of information and communication technology (ICT) with the High Performance Computing (HPC), Machine Learning, and Internet of Things (IoT).

Market dynamics

  • Growth drivers

    • Need for rapid product testing and improved ergonomics and usability

    • Increased precision in virtual prototyping

    • Need to discover design and software issues

  • Challenges

    • High cost of virtual prototyping

  • Opportunities

    • Scope of innovative prototyping technologies

    • Growing market for electric vehicles

Key Market Players and Competition Summary

Synopsys, Altair Engineering, Inc., Claytex Services Ltd, dSPACE GmbH, Elektrobit Automotive GmbH, EOMYS Engineering, ESI Group, Siemens, Waterloo Maple Inc., Autodesk Inc., Cadence Design Systems, Inc., ANSYS Inc., PTC Inc, Arm Ltd and Dassault Systèmes SE.

The companies featured in the report were selected after going through in-depth interviews with experts and including details of the companies such as product portfolios, annual revenue, market penetration, research and development initiatives, and presence. national and international market for virtual prototyping of electric vehicles. .

Key questions addressed in the report

  • What are the main drivers and challenges of global virtual prototyping of electric vehicles?

  • How does the supply chain work in the global virtual prototyping of electric vehicles?

  • Which vehicle type segment is expected to experience the maximum growth in demand in the global virtual prototyping of electric vehicles during 2021-2030?

  • What are the main application areas for the different types of products that are likely to experience high demand during the forecast period 2021-2030?

  • Who are the main suppliers of various virtual prototyping of electric vehicles?

  • What are the key offerings of the major service providers in the global electric vehicle virtual prototyping market?

  • Which regions and countries are leading in terms of global consumption of electric vehicle virtual prototyping, and which of them are expected to experience strong growth in demand from 2021 to 2030?

  • What are the main characteristics of consumers in various regions for virtual prototyping of electric vehicles?

For more information on this report, visit https://www.researchandmarkets.com/r/r3ojbq

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