Europe Automotive System Simulation Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Transmission, Engine, Electric Propulsion, Fuel Cell, Driveline, Chassis, and Others), Vehicle Type (Commercial Vehicle, and Passenger Car), and Propulsion Type (ICE and Electric)
The Europe automotive system simulation software market is expected to reach US$ 837.32 million by 2028 from US$ 378.70 million in 2021. It is expected to grow at a CAGR of 12.0% from 2021 to 2028.
A substantial rise in the popularity of passenger and commercial vehicles with intelligent devices, features, and technologies has resulted in the continuous engagement of automakers in introducing innovations in the design and functionalities of new models. These innovations and advanced features are already attracting a fair percentage of customers in major automotive manufacturing countries. For example, in 2021, Volkswagen, a leading German multi-brand automotive group, displayed exceptional performance in electromobility and interfaces, such as augmented reality-based head-up displays. Similarly, Daimler, a world-class luxury vehicle producer and a global leader in terms of innovation index, has made tremendous progress in the fields of autonomous driving) and the MBUX operating systems.
With the escalating consumer demand for smart and semiautonomous/fully autonomous cars, automotive system simulating tools have become an integral part of R&D activities in the automotive sector. The growth trajectory of fully autonomous cars depends upon parameters such as improvements in related technologies, consumer preference for new technologies, suitability of pricing among masses, and the ability of suppliers and OEMs to address critical concerns related to the safety of vehicles. As a result, major automotive players chiefly focus on improving and integrating robust technologies in vehicles through real-environment-based virtual test scenarios. rFpro, a prominent automotive simulation platform developer, offers dedicated driving simulation software and digital-twin models for the validation of autonomous driving; and the development, testing, and validation of ADAS and vehicle dynamics. These factors are expected to accelerate the adoption of simulators to produce advanced vehicles to optimize autonomous vehicle safety and performance, thus introducing significant future trends in the automotive system simulation software market in the coming years.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe automotive system simulation software market at a healthy CAGR during the forecast period.
Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Get more information on this report :
Europe Automotive System Simulation Software Market Segmentation
The Europe automotive system simulation software market is segmented into type, vehicle type, and propulsion type. Based on type, the market is segmented into transmission, engine, electric propulsion, fuel cell, driveline, chassis, and others. Based on vehicle type, the market is segmented into commercial vehicles and passenger cars. Based on propulsion type, the market is segmented into ICE and electric. Geographically, the market is segmented into France, Germany, the UK, Italy, Russia, and the Rest of Europe).
Modelon AB, IPG Automotive GmbH, ESI Group, Ansys Inc., Realtime Technologies, Hexagon AB, SimScale GmbH, Gamma Technologies LLC, Siemens AG, and dSPACE GmbH are the leading companies in the Europe automotive system simulation software market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Automotive System Simulation Software Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Europe Automotive System Simulation Software Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Upgrading of Vehicle Functions and Increase in Number of E/E Components
5.1.2 Growing Production and Sales of Electric Vehicles
5.2 Market Restraints
5.2.1 Possibility of Invalid Research Outcomes
5.3 Market Opportunities
5.3.1 Booming Automotive Sector in Asia Pacific
5.4 Future Trends
5.4.1 Popularity of Autonomous Vehicles
5.5 Impact Analysis of Drivers and Restraints
6. Europe Automotive System Simulation Software –Europe Market Analysis
6.1 Europe Automotive System Simulation Software Market Overview
6.2 Europe Automotive System Simulation Software Market Revenue Forecast and Analysis
7. Europe Automotive System Simulation Software Market Analysis – By Type
7.1 Overview
7.2 Europe Automotive System Simulation Software Market, By Type (2020 And 2028)
7.3 Transmission
7.3.1 Overview
7.3.2 Transmission: Europe Automotive System Simulation Software Market Revenue and Forecast To 2028 (US$ Million)
7.4 Engine
7.4.1 Overview
7.4.2 Engine: Europe Automotive System Simulation Software Market Revenue and Forecast To 2028 (US$ Million)
7.5 Electric propulsion
7.5.1 Overview
7.5.2 Electric propulsion: Europe Automotive System Simulation Software Market Revenue and Forecast To 2028 (US$ Million)
7.6 Fuel cell
7.6.1 Overview
7.6.2 Fuel cell: Europe Automotive System Simulation Software Market Revenue and Forecast To 2028 (US$ Million)
7.7 Driveline
7.7.1 Overview
7.7.2 Driveline: Europe Automotive System Simulation Software Market Revenue and Forecast To 2028 (US$ Million)
7.8 Chassis
7.8.1 Overview
7.8.2 Chassis: Europe Automotive System Simulation Software Market Revenue and Forecast To 2028 (US$ Million)
7.9 Others
7.9.1 Overview
7.9.2 Others: Europe Automotive System Simulation Software Market Revenue and Forecast To 2028 (US$ Million)
8. Europe Automotive System Simulation Software Market Analysis – By Vehicle Type
8.1 Overview
8.2 Europe Automotive System Simulation Software Market, By Vehicle Type (2020 and 2028)
8.3 Passenger cars
8.3.1 Overview
8.3.2 Passenger cars: Europe Automotive System Simulation Software Market Revenue and Forecast To 2028 (US$ Million)
8.4 Commercial vehicles
8.4.1 Overview
8.4.2 Commercial vehicles: Europe Automotive System Simulation Software Market Revenue and Forecast To 2028 (US$ Million)
9. Europe Automotive System Simulation Software Market Analysis – By Propulsion Type
9.1 Overview
9.2 Europe Automotive System Simulation Software Market, By Propulsion Type (2020 And 2028)
9.3 ICE
9.3.1 Overview
9.3.2 ICE: Europe Automotive System Simulation Software Market Revenue and Forecast To 2028 (US$ Million)
9.4 Electric
9.4.1 Overview
9.4.2 Electric: Europe Automotive System Simulation Software Market Revenue and Forecast To 2028 (US$ Million)
10. Europe Automotive System Simulation Software Market – Country Analysis
10.1 Overview
10.2 Europe: Europe Automotive System Simulation Software Market
10.2.1 Europe: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 Germany: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2.1.1 Germany: Europe Automotive System Simulation Software Market, by Type
10.2.2.1.2 Germany: Europe Automotive System Simulation Software Market, By Vehicle Type
10.2.2.1.3 Germany: Europe Automotive System Simulation Software Market, By Propulsion Type
10.2.3 France: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
10.2.3.1.1 France: Europe Automotive System Simulation Software Market, by Type
10.2.3.1.2 France: Europe Automotive System Simulation Software Market, By Vehicle Type
10.2.3.1.3 France: Europe Automotive System Simulation Software Market, By Propulsion Type
10.2.4 Italy: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
10.2.4.1.1 Italy: Europe Automotive System Simulation Software Market, by Type
10.2.4.1.2 Italy: Europe Automotive System Simulation Software Market, By Vehicle Type
10.2.4.1.3 Italy: Europe Automotive System Simulation Software Market, By Propulsion Type
10.2.4.2 UK: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
10.2.4.2.1 UK: Europe Automotive System Simulation Software Market, by Type
10.2.4.2.2 UK: Europe Automotive System Simulation Software Market, By Vehicle Type
10.2.4.2.3 UK: Europe Automotive System Simulation Software Market, By Propulsion Type
10.2.4.3 Russia: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
10.2.4.3.1 Russia: Europe Automotive System Simulation Software Market, by Type
10.2.4.3.2 Russia: Europe Automotive System Simulation Software Market, By Vehicle Type
10.2.4.3.3 Russia: Europe Automotive System Simulation Software Market, By Propulsion Type
10.2.4.4 Rest of Europe: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
10.2.4.4.1 Rest of Europe: Europe Automotive System Simulation Software Market, by Type
10.2.4.4.2 Rest of Europe: Europe Automotive System Simulation Software Market, By Vehicle Type
10.2.4.4.3 Rest of Europe: Europe Automotive System Simulation Software Market, By Propulsion Type
11. Europe Automotive System Simulation Software Market-Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 Modelon AB
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 IPG Automotive GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 ESI Group
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Ansys, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Hexagon AB
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 SimScale GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Gamma Technologies, LLC
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Siemens AG
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 dSPACE GmbH
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe: Europe Automotive System Simulation Software Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe: Europe Automotive System Simulation Software Market, By Vehicle Type– Revenue and Forecast to 2028 (US$ Million)
Table 3. Europe: Europe Automotive System Simulation Software Market, By Propulsion Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Europe: Europe Automotive System Simulation Software Market Revenue Share, by Key Country (2020 and 2028)
Table 5. Germany: Europe Automotive System Simulation Software Market, by Type–Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Europe Automotive System Simulation Software Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)
Table 7. Germany: Europe Automotive System Simulation Software Market, By Propulsion Type–Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Europe Automotive System Simulation Software Market, by Type–Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Europe Automotive System Simulation Software Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)
Table 10. France: Europe Automotive System Simulation Software Market, By Propulsion Type–Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Europe Automotive System Simulation Software Market, by Type–Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Europe Automotive System Simulation Software Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy: Europe Automotive System Simulation Software Market, By Propulsion Type–Revenue and Forecast to 2028 (US$ Million)
Table 14. UK: Europe Automotive System Simulation Software Market, by Type–Revenue and Forecast to 2028 (US$ Million)
Table 15. UK: Europe Automotive System Simulation Software Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)
Table 16. UK: Europe Automotive System Simulation Software Market, By Propulsion Type–Revenue and Forecast to 2028 (US$ Million)
Table 17. Russia: Europe Automotive System Simulation Software Market, by Type–Revenue and Forecast to 2028 (US$ Million)
Table 18. Russia: Europe Automotive System Simulation Software Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)
Table 19. Russia: Europe Automotive System Simulation Software Market, By Propulsion Type–Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Europe: Europe Automotive System Simulation Software Market, by Type–Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of Europe: Europe Automotive System Simulation Software Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe: Europe Automotive System Simulation Software Market, By Propulsion Type–Revenue and Forecast to 2028 (US$ Million)
Table 23. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Automotive System Simulation Software Market Segmentation
Figure 2. Europe Automotive System Simulation Software Market Overview
Figure 3. Europe Automotive System Simulation Software Market, By Type
Figure 4. Europe Automotive System Simulation Software Market, By Country
Figure 5. Europe: PEST Analysis
Figure 6. Europe Automotive System Simulation Software Market- Ecosystem Analysis
Figure 7. Europe Automotive System Simulation Software Market Impact Analysis of Drivers and Restraints
Figure 8. Country Overview of Europe Automotive System Simulation Software Market
Figure 9. Europe Automotive System Simulation Software Market Revenue Forecast and Analysis (US$ Million)
Figure 10. Europe Automotive System Simulation Software Market, By Type (2020 And 2028)
Figure 11. Transmission: Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Engine: Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Electric propulsion: Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Fuel cell: Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Driveline: Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Chassis: Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Others: Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Automotive System Simulation Software Market, By Vehicle Type (2020 and 2028)
Figure 19. Passenger cars: Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Commercial vehicles: Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Automotive System Simulation Software Market, By Propulsion Type (2020 and 2028)
Figure 22. ICE Engine: Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Electric: Europe Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Automotive System Simulation Software Market Revenue Share, by region (2021 and 2028)
Figure 25. Europe: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Germany: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. France: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Italy: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. UK: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Russia: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of Europe: Europe Automotive System Simulation Software Market – Revenue and Forecast to 2028 (US$ Million)
- Modelon AB
- IPG Automotive GmbH
- ESI Group
- Ansys, Inc.
- Hexagon AB
- SimScale GmbH
- Gamma Technologies, LLC
- Siemens AG
- dSPACE GmbH
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe Automotive System Simulation Software Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in Europe Automotive System Simulation Software Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.