The Asia Pacific Hardware in the Loop Market would witness market growth of 10.9% CAGR during the forecast period (2022-2028).
The use of proper HIL depends on the intricacy of the controller under test and the level of authenticity needed for the simulation of the entire system. A typical HIL system consists of either a normal PC with dispersed I/O points connected through one or more communications buses, or a rack-mount unit comprising the I/O boards and plug-in signal conditioning cards with real-time target computer.
The complexity of embedded control systems increases as vehicles become more modern and equipped with cutting-edge technology like Advanced Driver Assistance Systems (ADAS), cameras, and radar. One electronic control unit (ECU) in a vehicle represents a huge amount of signals that represent different functions and I/O types, which further increases the complexity of the system. HIL simulation and testing are employed to lessen test overhead and devastating schedule consequences in order to address this comprehensive test coverage difficulty.
This region has been witnessing tremendous growth in automotive testing, robotics, and overall value chains. All of these need the HIL systems to come out with the best versions. Government of India figures show that FDI is the fourth-largest industry in India. China released draft guidelines on testing automotive vehicles and is currently reviewing a final version. The government's strategy to improve the country's reputation in the international auto industry is thought to depend heavily on the technology underlying self-driving automobiles.
The China market dominated the Asia Pacific Hardware in the Loop Market by Country in 2021; thereby, achieving a market value of $158.1 Million by 2028. The Japan market is estimated to grow at a CAGR of 10.2% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 11.6% during (2022 - 2028).
Based on Type, the market is segmented into Open Loop and Closed Loop. Based on Vertical, the market is segmented into Automobile, Aerospace, Research & Education, Defense, Power Electronics, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Hardware in the Loop Market is Projected to reach USD 1.5 Billion by 2028, at a CAGR of 10.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, National Instruments Corporation, dSPACE GmbH, Elektrobit Automotive GmbH (Continental AG), OPAL-RT Technologies, Speedgoat GmbH, Acutronic Group, Plexim GmbH, IPG Automotive GmbH and Vector Informatik GmbH
Scope of the Study
Market Segments Covered in the Report:
By Type
By Vertical
- Automobile
- Aerospace
- Research & Education
- Defense
- Power Electronics
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- National Instruments Corporation
- dSPACE GmbH
- Elektrobit Automotive GmbH (Continental AG)
- OPAL-RT Technologies
- Speedgoat GmbH
- Acutronic Group
- Plexim GmbH
- IPG Automotive GmbH
- Vector Informatik GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Hardware in the Loop Market, by Type
1.4.2 Asia Pacific Hardware in the Loop Market, by Vertical
1.4.3 Asia Pacific Hardware in the Loop Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Jan – 2022, Jul) Leading Players
Chapter 4. Asia Pacific Hardware in the Loop Market by Type
4.1 Asia Pacific Open Loop Market by Country
4.2 Asia Pacific Closed Loop Market by Country
Chapter 5. Asia Pacific Hardware in the Loop Market by Vertical
5.1 Asia Pacific Automobile Market by Country
5.2 Asia Pacific Aerospace Market by Country
5.3 Asia Pacific Research & Education Market by Country
5.4 Asia Pacific Defense Market by Country
5.5 Asia Pacific Power Electronics Market by Country
5.6 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Hardware in the Loop Market by Country
6.1 China Hardware in the Loop Market
6.1.1 China Hardware in the Loop Market by Type
6.1.2 China Hardware in the Loop Market by Vertical
6.2 Japan Hardware in the Loop Market
6.2.1 Japan Hardware in the Loop Market by Type
6.2.2 Japan Hardware in the Loop Market by Vertical
6.3 India Hardware in the Loop Market
6.3.1 India Hardware in the Loop Market by Type
6.3.2 India Hardware in the Loop Market by Vertical
6.4 South Korea Hardware in the Loop Market
6.4.1 South Korea Hardware in the Loop Market by Type
6.4.2 South Korea Hardware in the Loop Market by Vertical
6.5 Singapore Hardware in the Loop Market
6.5.1 Singapore Hardware in the Loop Market by Type
6.5.2 Singapore Hardware in the Loop Market by Vertical
6.6 Malaysia Hardware in the Loop Market
6.6.1 Malaysia Hardware in the Loop Market by Type
6.6.2 Malaysia Hardware in the Loop Market by Vertical
6.7 Rest of Asia Pacific Hardware in the Loop Market
6.7.1 Rest of Asia Pacific Hardware in the Loop Market by Type
6.7.2 Rest of Asia Pacific Hardware in the Loop Market by Vertical
Chapter 7. Company Profiles
7.1 Robert Bosch GmbH
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 National Instruments Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.3 dSPACE GmbH
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Product Launches and Product Expansions:
7.3.2.3 Geographical Expansions:
7.4 Elektrobit Automotive GmbH (Continental AG)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.5 IPG Automotive GmbH
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.2.2 Product Launches and Product Expansions:
7.6 Vector Informatik GmbH
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Acquisition and Mergers:
7.7 OPAL-RT Technologies
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 Speedgoat GmbH
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Acutronic Group
7.9.1 Company Overview
7.10. Plexim GmbH
7.10.1 Company Overview
TABLE 1 Asia Pacific Hardware in the Loop Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Hardware in the Loop Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Hardware in the Loop
TABLE 4 Product Launches And Product Expansions– Hardware in the Loop
TABLE 5 Acquisition and Mergers– Hardware in the Loop
TABLE 6 geographical Expansions – Hardware in the Loop
TABLE 7 Asia Pacific Hardware in the Loop Market by Type, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Hardware in the Loop Market by Type, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Open Loop Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Open Loop Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Closed Loop Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Closed Loop Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Hardware in the Loop Market by Vertical, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Hardware in the Loop Market by Vertical, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Automobile Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Automobile Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Aerospace Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Aerospace Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Research & Education Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Research & Education Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Defense Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Defense Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Power Electronics Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Power Electronics Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Hardware in the Loop Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Hardware in the Loop Market by Country, 2022 - 2028, USD Million
TABLE 29 China Hardware in the Loop Market, 2018 - 2021, USD Million
TABLE 30 China Hardware in the Loop Market, 2022 - 2028, USD Million
TABLE 31 China Hardware in the Loop Market by Type, 2018 - 2021, USD Million
TABLE 32 China Hardware in the Loop Market by Type, 2022 - 2028, USD Million
TABLE 33 China Hardware in the Loop Market by Vertical, 2018 - 2021, USD Million
TABLE 34 China Hardware in the Loop Market by Vertical, 2022 - 2028, USD Million
TABLE 35 Japan Hardware in the Loop Market, 2018 - 2021, USD Million
TABLE 36 Japan Hardware in the Loop Market, 2022 - 2028, USD Million
TABLE 37 Japan Hardware in the Loop Market by Type, 2018 - 2021, USD Million
TABLE 38 Japan Hardware in the Loop Market by Type, 2022 - 2028, USD Million
TABLE 39 Japan Hardware in the Loop Market by Vertical, 2018 - 2021, USD Million
TABLE 40 Japan Hardware in the Loop Market by Vertical, 2022 - 2028, USD Million
TABLE 41 India Hardware in the Loop Market, 2018 - 2021, USD Million
TABLE 42 India Hardware in the Loop Market, 2022 - 2028, USD Million
TABLE 43 India Hardware in the Loop Market by Type, 2018 - 2021, USD Million
TABLE 44 India Hardware in the Loop Market by Type, 2022 - 2028, USD Million
TABLE 45 India Hardware in the Loop Market by Vertical, 2018 - 2021, USD Million
TABLE 46 India Hardware in the Loop Market by Vertical, 2022 - 2028, USD Million
TABLE 47 South Korea Hardware in the Loop Market, 2018 - 2021, USD Million
TABLE 48 South Korea Hardware in the Loop Market, 2022 - 2028, USD Million
TABLE 49 South Korea Hardware in the Loop Market by Type, 2018 - 2021, USD Million
TABLE 50 South Korea Hardware in the Loop Market by Type, 2022 - 2028, USD Million
TABLE 51 South Korea Hardware in the Loop Market by Vertical, 2018 - 2021, USD Million
TABLE 52 South Korea Hardware in the Loop Market by Vertical, 2022 - 2028, USD Million
TABLE 53 Singapore Hardware in the Loop Market, 2018 - 2021, USD Million
TABLE 54 Singapore Hardware in the Loop Market, 2022 - 2028, USD Million
TABLE 55 Singapore Hardware in the Loop Market by Type, 2018 - 2021, USD Million
TABLE 56 Singapore Hardware in the Loop Market by Type, 2022 - 2028, USD Million
TABLE 57 Singapore Hardware in the Loop Market by Vertical, 2018 - 2021, USD Million
TABLE 58 Singapore Hardware in the Loop Market by Vertical, 2022 - 2028, USD Million
TABLE 59 Malaysia Hardware in the Loop Market, 2018 - 2021, USD Million
TABLE 60 Malaysia Hardware in the Loop Market, 2022 - 2028, USD Million
TABLE 61 Malaysia Hardware in the Loop Market by Type, 2018 - 2021, USD Million
TABLE 62 Malaysia Hardware in the Loop Market by Type, 2022 - 2028, USD Million
TABLE 63 Malaysia Hardware in the Loop Market by Vertical, 2018 - 2021, USD Million
TABLE 64 Malaysia Hardware in the Loop Market by Vertical, 2022 - 2028, USD Million
TABLE 65 Rest of Asia Pacific Hardware in the Loop Market, 2018 - 2021, USD Million
TABLE 66 Rest of Asia Pacific Hardware in the Loop Market, 2022 - 2028, USD Million
TABLE 67 Rest of Asia Pacific Hardware in the Loop Market by Type, 2018 - 2021, USD Million
TABLE 68 Rest of Asia Pacific Hardware in the Loop Market by Type, 2022 - 2028, USD Million
TABLE 69 Rest of Asia Pacific Hardware in the Loop Market by Vertical, 2018 - 2021, USD Million
TABLE 70 Rest of Asia Pacific Hardware in the Loop Market by Vertical, 2022 - 2028, USD Million
TABLE 71 key information – Robert Bosch GmbH
TABLE 72 Key Information – National Instruments Corporation
TABLE 73 Key Information – dSPACE GmbH
TABLE 74 Key Information – Elektrobit Automotive GmbH
TABLE 75 Key Information – IPG Automotive GmbH
TABLE 76 Key information – Vector Informatik GmbH
TABLE 77 Key Information – OPAL-RT Technologies
TABLE 78 Key Information – Speedgoat GmbH
TABLE 79 Key Information – Acutronic Group
TABLE 80 Key Information – Plexim GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, JAn – 2022, Jul) Leading Players
FIG 5 Recent strategies and developments: Robert Bosch GmbH
FIG 6 Swot analysis: Robert bosch gmbh
FIG 7 Recent strategies and developments: dSPACE GmbH
FIG 8 Recent strategies and developments: Elektrobit Automotive GmbH
FIG 9 Recent strategies and developments: IPG Automotive GmbH
FIG 10 Recent strategies and developments: Vector Informatik GmbH