Future Growth Potential Enhanced by Growth Opportunities in Electric Vehicles and Aerospace and Defense Technologies
17-Feb-2021
Global
Market Research
K583-01-00-00-00
TM00662-GL-MT_25184
The development of vehicles with enhanced ADAS capabilities is an important driver for the hardware-in-the-loop (HIL) testing market. This is driven by the requirement for a solution that can cost-efficiently validate the number of electronic control units ECUs incorporated into these vehicles in a short timeframe. The demand for innovative HIL testing solutions in the automotive industry is also driven by the adoption of electric vehicles (EVs) around the world, particularly in China. The demand for HIL solutions that can be used to test the EVs is driven by the requirement to validate the function of the battery unit and other power electronics components inside the EV. The aerospace and defense industry is another important vertical for this market of which commercial aviation is an important subsegment. However, due to regional lockdowns imposed in 2020, there has been a substantial slump in aviation demand. This slump has been so significant that it has disrupted the entire entire value chain, with Boeing and Airbus cutting production by 50% for 2020. The aerospace and defense industry has, therefore, been a significant growth restraint on the HIL testing market. With a strong automotive presence and home to two of the world’s fastest growing aviation markets, Asia-Pacific will be an important region for the HIL testing market.
Author: Rohan Joy Thomas
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Hardware-in-the-loop Testing Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Hardware-in-the-loop Testing Market—Overview
Hardware-in-the-loop Testing Market—Definition and Architecture
Hardware-in-the-loop Testing Market—Segmentation
Hardware-in-the-loop Testing Market—Segmentation (continued)
Hardware-in-the-loop Testing Market—Segmentation (continued)
Key Competitors in the Hardware-in-the-loop Testing Market
Key Growth Metrics for the Hardware-in-the-loop Testing Market
Growth Drivers for the Hardware-in-the-loop Testing Market
Growth Driver Analysis for the Hardware-in-the-loop Testing Market
Growth Driver Analysis for the Hardware-in-the-loop Testing Market (continued)
Growth Driver Analysis for the Hardware-in-the-loop Testing Market (continued)
Growth Driver Analysis for the Hardware-in-the-loop Testing Market (continued)
Growth Driver Analysis for the Hardware-in-the-loop Testing Market (continued)
Growth Restraints for the Hardware-in-the-loop Testing Market
Growth Restraint Analysis for the Hardware-in-the-loop Testing Market
Growth Restraint Analysis for the Hardware-in-the-loop Testing Market (continued)
Growth Restraint Analysis for the Hardware-in-the-loop Testing Market (continued)
Forecast Assumptions
Revenue Forecast—Hardware-in-the-loop Testing Market
Revenue Forecast by Testing Solution Type—Hardware-in-the-loop Testing Market
Revenue Forecast Analysis—Hardware-in-the-loop Testing Market
Revenue Forecast Analysis—Hardware-in-the-loop Testing Market (continued)
Revenue Forecast by Region—Hardware-in-the-loop Testing Market
Revenue Forecast Analysis by Region—Hardware-in-the-loop Testing Market
Revenue Forecast Analysis by Region—Hardware-in-the-loop Testing Market (continued)
Revenue Forecast Analysis by Region—Hardware-in-the-loop Testing Market (continued)
Revenue Forecast Analysis by Region—Hardware-in-the-loop Testing Market (continued)
Revenue Forecast by Type of End User—Hardware-in-the-loop Testing Market
Revenue Forecast Analysis by Industry Vertical—Hardware-in-the-loop Testing Market
Competitive Environment—Hardware-in-the-loop Testing Market
Market Share—Hardware-in-the-loop Testing Market
Market Share Analysis—Hardware-in-the-loop Testing Market
Market Share Analysis—Hardware-in-the-loop Testing Market (continued)
Market Share Analysis—Hardware-in-the-loop Testing Market (continued)
Key Findings—Automotive Industry
Key Trends—Automotive Industry
Key Growth Metrics for the Automotive Industry
Revenue Forecast—Automotive Industry
Revenue Forecast by Region—Automotive Industry
Revenue Forecast Analysis—Automotive Industry
Revenue Forecast Analysis—Automotive Industry (continued)
Competitive Environment—Automotive Industry
Market Share—Automotive Industry
Key Findings—Aerospace and Defense
Key Trends—Aerospace and Defense
COVID-19 Impact on Aerospace and Defense
Key Growth Metrics for the Aerospace and Defense Industry
Revenue Forecast—Aerospace and Defense Industry
Revenue Forecast by Region—Aerospace and Defense Industry
Revenue Forecast Analysis—Aerospace and Defense Industry
Revenue Forecast Analysis—Aerospace and Defense Industry (continued)
Competitive Environment—Aerospace and Defense Industry
Market Share—Aerospace and Defense Industry
Key Findings—Power Electronics
Key Trends—Power Electronics
Key Growth Metrics for the Power Electronics Industry
Revenue Forecast—Power Electronics Industry
Revenue Forecast by Region—Power Electronics Industry
Revenue Forecast Analysis—Power Electronics Industry
Revenue Forecast Analysis—Power Electronics Industry (continued)
Competitive Environment—Power Electronic Industry
Market Share—Power Electronics Industry
Growth Opportunity 1: Demand for Electric Vehicles and the Development of Autonomous Vehicles in China, 2020
Growth Opportunity 1: Demand for Electric Vehicles and the Development of Autonomous Vehicles in China, 2020 (continued)
Growth Opportunity 2: Growth in Defense Spending and Commercial Space Exploration, 2020
Growth Opportunity 2: Growth in Defense Spending and Commercial Space Exploration, 2020 (continued)
Growth Opportunity 3: Rise of Smart Cities, 2020
Growth Opportunity 3: Rise of Smart Cities, 2020 (continued)
Growth Opportunity 4: Aviation Market In Emerging Markets Across the Asia-pacific, 2020
Growth Opportunity 4: Aviation Market In Emerging Markets Across the Asia-pacific, 2020 (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
List of Companies in “Others”
List of Companies in “Others” (continued)
List of Companies in “Others” (continued)
List of Companies in “Others” (continued)
Speak directly with our analytics experts for tailored recommendations.
Recent related Test and Measurement Instrumentation research
11 Sep 2026 | Global | Market Research
Growth Impact of AI on the Communication Test Equipment Market, 2025–2030
Artificial intelligence (AI) is reshaping the global communication test equipment market by transforming product development, enabling intelligent and automated testing, and driving demand through next-generation communication infrastructure. This Frost & Sullivan analysis examines AI's impact acros...
04 Sep 2026 | Global | Technology Research
Growth Opportunities in Intralogistics Automation, Embodied Robotic Arms, Physical AI Training, Industrial AI, Service Robotics, Precision Farming Robots, and Laboratory Automation
The Advanced Manufacturing Technology Opportunity Engine provides profiles of innovations related to autonomous mobile robots (AMRs) enabling pallet and trolley transportation across dynamic intralogistics environments; compact 6-axis robotic systems supporting modular and flexible laboratory automa...
28 Aug 2026 | Global | Frost Radar
Frost Radar™: Wireless Network Performance Monitoring, 2026
Wireless network test equipment is used to evaluate wireless signals based on a variety of criteria, including network availability, connectivity, and utilization. The market includes equipment and solutions used to test and validate the integrity of cellular wireless networks. AI is becoming centra...
28 Aug 2026 | Global | Technology Research
Multimodal Sensor Fusion for Next-Generation Robotic Perception and Autonomous Systems
Multimodal sensor fusion is an advanced perception technology that combines data from multiple sensors, including cameras, LiDAR, radar, ultrasonic sensors, thermal cameras, and inertial measurement units (IMUs), to give robots and autonomous systems a more accurate, reliable, and comprehensive unde...
14 Aug 2026 | Global | Technology Research
Growth Opportunities in Safety PMIC, Digital Current Sensor, Thermal Measurement & Leak-Sensing System, Intelligent Sensors, AI-Enabled Imaging, SWIR, Radar, LiDAR, and 3D Sensing
The Sensor Technology Opportunity Engine provides profiles of innovations related to integrated safety power management IC (PMIC) technology with wheel-speed sensor interfaces enabling enhanced automotive safety, power management, and vehicle motion monitoring; precision digital current sensing with...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Rohan Joy Thomas |
| Industries | Test and Measurement Instrumentation |
| WIP Number | K583-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9404-A5,9594,9403,99FA |
Accelerating Advanced Driver-assistance Systems (ADAS) Development Drives Growth in the Global Hardware-in-the-loop Testing Market
$4,950.00
Special Price $3,712.50 save 25 %