Modernization in vehicles with advance features such as Advanced Driver-Assistance Systems (ADAS), cameras, and radar rises the complexity associated with embedded control systems. In addition, this complexity is further heightened when one electronic control units (ECUs) in a vehicle equates to enormous number of signals that represents various functions and I/O types. To overcome this comprehensive test coverage challenge, HIL simulation and testing is used to reduce test overhead and catastrophic schedule impacts. These factors are expected to drive the growth of the market. However, reluctance to invest due to additional cost requirement for dedicated HIL hardware and software is a factor that hinders the Hardware-in-the-loop Market growth.
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Hardware-in-the-loop (HIL) is a simulation system which is used in development and test of complex real-time embedded systems. Also, these systems provide simulation of the physical part of a machine or system. The machine or physical part of the system is connected with the control system, through actuators and sensors, where the simulation replicates the exact copy of actual hardware interconnection.The global hardware-in-the-loop market is segmented into industry vertical and region. By industry vertical, it is classified into defense, aerospace, automotive, power electronics, research & education, and others.
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Region-wise, the global market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.This report provides profiles of the key players in the hardware-in-the-loop market analysis, which include dSPACE GmbH, Embraer S.A., Speedgoat GmbH, Typhoon Hil, Inc., IPG Automotive GmbH, Honda Aircraft Company, Siemens Plm Software, Inc., National Instruments Corp., Opal-RT Technologies, Inc., Aegis Technologies Group, Inc., and Robert Bosch Engineering and Business Solutions Pvt. Ltd.
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KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global hardware-in-the-loop market share along with future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, opportunities, current hardware-in-the-loop market trends and their impact analysis on the global market is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the hardware-in-the-loop industry.
- The quantitative analysis of the market is provided to determine the hardware-in-the-loop market potential.
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