Autonomous Vehicle Simulation Solution Market - A Global Market and Regional Analysis: Focus on Autonomous Vehicle Simulation Solution Product and Application, Supply Chain Analysis, and Country-Level Deep Dive - Analysis and Forecast, 2020-2025
• Product Type – Services and Software • Application Type – Automotive OEMs and Autonomous Driving Technology Development Company, Tier-1 and Tier-2 Component Manufacturer, University and Research Center, and Others
• North America - U.S., and Canada • Europe – Germany, France, and Spain • Asia-Pacific and Japan- South Korea and Japan • U.K. • China • Middle East and Africa • South America
• Need for Virtual Testing of Autonomous Vehicle • Increasing Government Initiatives Toward Connected and Autonomous Infrastructure • Increasing Push from Government as Well as Consumers to Ensure Road Safety, Which Boost the Demand for Reliable Transportation System • Increasing Demand to Develop Level 4 and Level 5 Autonomous Commercial Vehicles
• Safety and Reliability Issues with Autonomous Vehicles • Rise in Cyber Threat due to Increase of Data
• Paradigm Shift from Private Car Ownership to Shared Mobility • Increasing Focus on Vehicle Platooning
Key Companies Profiled
Altair Engineering, Inc., Ansys, Applied Intuition, Inc., Autodesk, AVL List GmbH, Cognata, Dassault Systèmes, dSPACE GmbH, Foretellix, Hexagon AB (Vires), IPG Automotive GmbH, LG, Nvidia, PTV Group, The MathWorks, Inc.
Key Questions Answered in this Report: • What are the underlying structures resulting in the emerging trends within the autonomous vehicle simulation solution market? • How is the autonomous vehicle simulation solution market impacted by the introduction of autonomous and connected vehicles? • How are emerging technologies such as artificial intelligence (AI), 5G Communication, and the Internet of Things (IoT) driving the growth of the autonomous vehicle simulation solution market? • How is the role of governments regarding environmental issues and safety changing the landscape of the autonomous vehicle simulation solution market industry? • What were the market values of the leading segments and sub-segments of the autonomous vehicle simulation solution market in 2019, and how is the market estimated to grow during the forecast period 2020-2025? • How is the industry expected to evolve during the forecast period 2020-2025? • What are the key developmental strategies implemented by the prominent players to sustain the competitive market? • What has been the impact of COVID-19 on the autonomous vehicle simulation solution market?
The global automotive industry is undergoing a period of wide-ranging and transformative changes with a shift in the consumer behavior as well as an increase in the implementation of stringent environmental regulations.Factors such as rising safety and security concerns, increasing demand for a reliable transportation system, and the advent of innovative trends, such as transition from car ownership to mobility-as-a-service (MaaS), are expected to increase the demand for autonomous vehicles.
This demand for autonomous vehicles is also anticipated to create significant challenges for automotive stakeholders and consumers in terms of cybersecurity risks, data theft, and the involvement of unscrupulous agents within the automotive value chain. Moreover, the introduction and subsequent growth in sales of electric and hybrid vehicles, the development of advanced driver assistance systems and self-driving technologies, increasing demand for connected vehicles, and disruptive trends, such as ride-hailing, car sharing, and in-car payments are expected to change the way people use mobility services.
The usage of autonomous vehicles reduces the traffic density due to fleet formation by interconnected vehicles utilizing the road network to the fullest.Also, robotic systems enable these vehicles to park themselves, reducing the congestion further.
In addition to this, using autonomous vehicles can reduce the risk of fatal accidents, and therefore, increases road safety.Substandard conditions of the roads across the globe and technical and safety concerns of using the automated vehicles are some of the challenges faced by both the OEMs and system manufacturers.
At the same time, high growth potential of these vehicles in commercial applications, such as product deliveries, taxi services, and mining activities, are some of the factors expected to drive the market in the upcoming years.
The competitive landscape of the autonomous vehicle simulation solution market consists of different strategies undertaken by major players across the industry to gain market presence.Some of the strategies adopted by autonomous vehicle simulation solution providers are new product launches, business expansions, and partnerships and collaborations.
Among all the strategies adopted, product launches have been the most prominent strategy adopted by the simulation provider providers.
Most autonomous vehicle simulation solution providers have numerous tie-ups with various automotive OEMs and other technology providers.The industry landscape is quite competitive because of the market dominance of the few players in the market.
Therefore, innovation and development have been the key factors for large scale growth in this market. Autonomous vehicle simulation solution providers are expanding their businesses and are also entering into strategic partnerships to increase their customer base and their overall global footprint.
Countries Covered • North America • U.S. • Canada • South America • Europe • Germany • France • Spain • U.K. • Middle East and Africa • China • Asia-Pacific and Japan • Japan • South Korea
Our reports have been used by over 10K customers, including:
This IDC study examines the worldwide and U.S. autonomous vehicle market for the 2019-2024 period. A five-year growth forecast for this market is shown for 2020-2024."The pathway to increased vehicle autonomy will be largely built on gradual feature and capability advancements," says Matt Arcaro, research manager, Next-Generation Automotive...
Japan’s automotive market is highly developed and evolving.Autonomous driving is advancing for both commercial and personal use. Naturally, global OEMs, suppliers, and technology companies are leading the charge, with significant inputs from research institutes and universities.In 2017, the Japanese government allowed driving tests...
The long-term evolution of mobility systems is expected to be heavily technology-oriented. The future of the mobility industry is underpinned by a vast mobility technology ecosystem consisting of an array of technology market participants, mobility service providers, original equipment manufacturers, and Tier I and II suppliers. The...
The global sensor fusion market in autonomous vehicles (henceforth, referred to as the market studied) was valued at USD 594.4 million in 2019, and it is projected to be worth USD 1563.5 million by 2025, registering a CAGR of 19.6% during the period of 2020-2025. - Collaboration between automotive and software companies is a common...
Autonomous Cars Market Research Report by Component (Central Computing System, GPS Navigation System, LiDAR Senor, Radar Sensor, and Ultrasound Sensor), by Type (Fully-autonomous Vehicles and Semi-autonomous Vehicles) - Global Forecast to 2025 - Cumulative Impact of COVID-19 The Global Autonomous Cars Market is expected...
This IDC study provides our top 10 predictions for the digital automotive and transportation market. These predictions reflect IDC's vision for 10 of the most important market trends over the next 60 months (through 2026). Technology buyers from the automotive and transportation ecosystems should leverage this IDC FutureScape to help inform...
147 pages •
By Global Industry Analysts
• Sep 2020
Global Smart Transportation Market to Reach $211.4 Billion by 2027 Amid the COVID-19 crisis, the global market for Smart Transportation estimated at US$84 Billion in the year 2020, is projected to reach a revised size of US$211.4 Billion by 2027, growing at a CAGR of 14.1% over the analysis period 2020-2027. Roadways, one of the segments...
250 pages •
By Future Market Insight Global & Consulting Pvt Ltd
• Sep 2020
A recent market study published on the 5G in automotive and smart transportation market includes a global industry analysis for 2015-2019 and opportunity assessment for 2020-2030, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical as well as current growth parameters,...
Increasing urbanization and smart city initiatives is the significant factor for growth of the mobility as a service market globally The global mobility as a service market is projected to reach USD 70.4 billion by 2030, from an estimated USD 4.7 billion in 2020, at a CAGR of 31.1%. With 12 cities in the region ranking among the top 25...
Increase in demand for platform providers is one of the major factors expected to drive the growth of the smart city platformsmarket The global smart city platforms market size is expected to grow from USD 138.7 billion in 2020 to USD 236.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.2% during...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.