Presentation is loading. Please wait.

Presentation is loading. Please wait.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Automotive Simulation Market to witness a high growth by 2025.

Similar presentations


Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Automotive Simulation Market to witness a high growth by 2025."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Automotive Simulation Market to witness a high growth by 2025.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Automotive Simulation Market size is proliferating during the forecast period propelled by stringent norms imposed by governments related to vehicle safety. OEMs are focusing on using the IoT for connected vehicles to assist drivers and improve passenger safety.  For instance, the percentage of cars with internet connectivity is anticipated to rise from 13% in 2015 to 75% in 2020. Connected cars is expected to increase to 22% by 2020 from 10% in 2015. AI technologies such as machine learning and deep learning technologies are expected to further enhance applications such as ADAS, and adaptive cruise control, among others to drive the market growth over the forecast period. Key Insights from Automotive Simulation Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued…  Increasing focus on R&D activities to reduce the carbon footprint and enhance the efficiency of vehicles is driving automotive simulation market growth. OEMs are manufacturing lightweight vehicles as these can combust in less fuel, reducing the carbon footprint and increasing the efficiency of vehicles. OEMs are also manufacturing intelligent vehicles, which detect, predict, and diagnose equipment failures, and perform corrective interventions that include triaging of damage on the go following a collision.  Complications & constraints related to real-time control in simulation software are impeding automotive simulation market growth. With the automation industry moving toward self-driving and environment-friendly vehicles, old regulations imposed will hinder the growth of the automotive simulation market. The governing bodies are required to understand and complete the functioning of self- driving and environment-friendly vehicles to create several new laws along with revision of the existing laws.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Automotive Simulation Market @ https://www.gminsights.com/industry- analysis/automotive-simulation-markethttps://www.gminsights.com/industry- analysis/automotive-simulation-market Request for a table of contents this research report @ https://www.gminsights.com/request-toc/upcoming/3200

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Market research reports: Key analytical components

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Dassault Systèmes SE Design Simulation Technologies dSPACE GmbH ESI Group IPG Automotive GmbH Siemens AG The MathWorks Major Companies Automotive Simulation Market :

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Asia Pacific is expected to have the largest share in the automotive simulation market due to the rapid industrialization & infrastructural development, creating several opportunities for OEMs. OEMs, with the help of infrastructural development, are offering advanced applications such as auto-park assists, keyless entry, and HMI that will create the demand for testing and prototyping of new automotive systems..  This provides a competitive advantage to OEMs and will drive the growth of the automotive simulation market in the region. Moreover, stringent government regulations are compelling manufacturers to improve designs of vehicles accordingly. In 2016, the government of India announced that the country would adopt Bharat Stage VI norms by 2020. Regional Insights Automotive Simulation Market :

8 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch Website: www.gminsights.comwww.gminsights.com Social Media:


Download ppt "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Automotive Simulation Market to witness a high growth by 2025."

Similar presentations


Ads by Google