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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?
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| 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 |
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