Middle East and Africa 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 Middle East and Africa automotive system simulation software market is expected to reach US$ 104.66 million by 2028 from US$ 53.41 million in 2021. It is expected to grow at a CAGR of 10.1% from 2021 to 2028.

The growing focus on reducing production time, improving the performance of vehicles, ensuring the safety of factory workers, and enhancing end user satisfaction is creating the need for advanced simulation platforms. Therefore, the booming automotive sector in several strong economies of the Middle East and Africa is offering solid opportunities for the automotive system simulation software market.

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 Middle East and Africa automotive system simulation software market at a healthy CAGR during the forecast period.

Middle East and Africa Automotive System Simulation Software Market Revenue and Forecast to 2028 (US$ Million)

Middle East and Africa Automotive System Simulation Software Market Segmentation  

The Middle East and Africa 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 South Africa, the UAE, Saudi Arabia, and the Rest of the Middle East and Africa.

1. Modelon AB                                                                      
2. IPG Automotive GmbH                                                                 
3. ESI Group                                                                           
4. Ansys, Inc.                                                                          
5. Hexagon AB                                                                       
6. SimScale GmbH                                                               
7. Gamma Technologies, LLC                                           
8. Siemens AG                                                                       
9. dSPACE GmbH                  

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East and Africa 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 Middle East and Africa 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 MEA 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.