Global Hardware-in-the-loop Testing Market Report 2021: Opportunities in the Growth in Defense Spending and Commercial Space Exploration
Dublin, April 01, 2021 (GLOBE NEWSWIRE) -- The "Accelerating Advanced Driver-assistance Systems (ADAS) Development Drives Growth in the Global Hardware-in-the-loop Testing Market" report has been added to ResearchAndMarkets.com's offering.
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.
Key Topics Covered:
1. Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on the Hardware-in-the-loop Testing Market
Growth Opportunities Fuel the Growth Pipeline Engine
2. Growth Opportunity Analysis - Hardware-in-the-loop Testing Market
Hardware-in-the-loop Testing Market - Overview
Hardware-in-the-loop Testing Market - Definition and Architecture
Hardware-in-the-loop Testing Market - Segmentation
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 Restraints for the Hardware-in-the-loop Testing Market
Growth Restraint Analysis for the Hardware-in-the-loop Testing Market
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 by Region - Hardware-in-the-loop Testing Market
Revenue Forecast Analysis by Region - Hardware-in-the-loop Testing Market
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
3. Growth Opportunity Analysis - Automotive Industry
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
Competitive Environment - Automotive Industry
Market Share - Automotive Industry
4. Growth Opportunity Analysis - Aerospace and Defense
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
Competitive Environment - Aerospace and Defense Industry
Market Share - Aerospace and Defense Industry
5. Growth Opportunity Analysis - Power Electronics
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
Competitive Environment - Power Electronic Industry
Market Share - Power Electronics Industry
6. Growth Opportunity Universe - Hardware-in-the-loop Testing Market
Growth Opportunity 1: Demand for Electric Vehicles and the Development of Autonomous Vehicles in China, 2020
Growth Opportunity 2: Growth in Defense Spending and Commercial Space Exploration, 2020
Growth Opportunity 3: Rise of Smart Cities, 2020
Growth Opportunity 4: Aviation Market In Emerging Markets Across the Asia-pacific, 2020
7. Next Steps
Companies Mentioned
Boeing
Airbus
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