Global Hardware in the Loop Supply, Demand and Key Producers, 2024-2030

Global Hardware in the Loop Supply, Demand and Key Producers, 2024-2030

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Published Date: 23 Feb 2024

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

The global Hardware in the Loop market size is expected to reach $ 1054.5 million by 2030, rising at a market growth of 5.7% CAGR during the forecast period (2024-2030).

The major players in global hardware in the loop market include dSpace GmbH, National Instruments, Vector Informatik, etc. The top 2 players occupy about 50% shares of the global market. Europe and North America are main markets, they occupy over 60% of the global market.

Hardware-in-the-loop (HIL) technique is used to analyze complex real-time embedded systems. The HIL system provides an effective platform which for reduce the complexity of the plant and control the test platform. HIL technology offers high-quality output and reduces the cost involved and time needed. Hence, it is widely preferred in many applications such as Aerospace & Defense, automotive, and others. Automotive sector adopts ECUs technology in accordance to meet various industry standards. Electronic companies use HIL technique in various applications such as nuclear power plant Chassis Systems, wind turbine generators, developing and testing of electronic grids, photovoltaic inverter, and so on.

This report studies the global Hardware in the Loop demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Hardware in the Loop, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Hardware in the Loop that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Hardware in the Loop total market, 2019-2030, (USD Million)
Global Hardware in the Loop total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Hardware in the Loop total market, key domestic companies and share, (USD Million)
Global Hardware in the Loop revenue by player and market share 2019-2024, (USD Million)
Global Hardware in the Loop total market by Type, CAGR, 2019-2030, (USD Million)
Global Hardware in the Loop total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global Hardware in the Loop market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include dSpace GmbH, National Instruments, Vector Informatik, ETAS, Ipg Automotive GmbH, MicroNova AG, Aegis Technologies, HiRain Technologies and Opal-RT Technologies, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Hardware in the Loop market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Hardware in the Loop Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Hardware in the Loop Market, Segmentation by Type
Closed Loop HIL
Open Loop HIL

Global Hardware in the Loop Market, Segmentation by Application
Automotive
Aerospace & Defense
Power Electronics
Research & Education
Oil & Gas
Industrial Equipment
Industrial Components
Others

Companies Profiled:
dSpace GmbH
National Instruments
Vector Informatik
ETAS
Ipg Automotive GmbH
MicroNova AG
Aegis Technologies
HiRain Technologies
Opal-RT Technologies
Eontronix
Typhoon HIL
LHP Engineering Solutions
Speedgoat GmbH
Wineman Technology (Genuen)
Modeling Tech

Key Questions Answered
1. How big is the global Hardware in the Loop market?
2. What is the demand of the global Hardware in the Loop market?
3. What is the year over year growth of the global Hardware in the Loop market?
4. What is the total value of the global Hardware in the Loop market?
5. Who are the major players in the global Hardware in the Loop market?
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Table of Contents

1 Supply Summary
1.1 Hardware in the Loop Introduction
1.2 World Hardware in the Loop Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Hardware in the Loop Total Market by Region (by Headquarter Location)
1.3.1 World Hardware in the Loop Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Hardware in the Loop Market Size (2019-2030)
1.3.3 China Hardware in the Loop Market Size (2019-2030)
1.3.4 Europe Hardware in the Loop Market Size (2019-2030)
1.3.5 Japan Hardware in the Loop Market Size (2019-2030)
1.3.6 South Korea Hardware in the Loop Market Size (2019-2030)
1.3.7 ASEAN Hardware in the Loop Market Size (2019-2030)
1.3.8 India Hardware in the Loop Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Hardware in the Loop Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Hardware in the Loop Major Market Trends

2 Demand Summary
2.1 World Hardware in the Loop Consumption Value (2019-2030)
2.2 World Hardware in the Loop Consumption Value by Region
2.2.1 World Hardware in the Loop Consumption Value by Region (2019-2024)
2.2.2 World Hardware in the Loop Consumption Value Forecast by Region (2025-2030)
2.3 United States Hardware in the Loop Consumption Value (2019-2030)
2.4 China Hardware in the Loop Consumption Value (2019-2030)
2.5 Europe Hardware in the Loop Consumption Value (2019-2030)
2.6 Japan Hardware in the Loop Consumption Value (2019-2030)
2.7 South Korea Hardware in the Loop Consumption Value (2019-2030)
2.8 ASEAN Hardware in the Loop Consumption Value (2019-2030)
2.9 India Hardware in the Loop Consumption Value (2019-2030)

3 World Hardware in the Loop Companies Competitive Analysis
3.1 World Hardware in the Loop Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Hardware in the Loop Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Hardware in the Loop in 2023
3.2.3 Global Concentration Ratios (CR8) for Hardware in the Loop in 2023
3.3 Hardware in the Loop Company Evaluation Quadrant
3.4 Hardware in the Loop Market: Overall Company Footprint Analysis
3.4.1 Hardware in the Loop Market: Region Footprint
3.4.2 Hardware in the Loop Market: Company Product Type Footprint
3.4.3 Hardware in the Loop Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: Hardware in the Loop Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Hardware in the Loop Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Hardware in the Loop Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Hardware in the Loop Consumption Value Comparison
4.2.1 United States VS China: Hardware in the Loop Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Hardware in the Loop Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Hardware in the Loop Companies and Market Share, 2019-2024
4.3.1 United States Based Hardware in the Loop Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Hardware in the Loop Revenue, (2019-2024)
4.4 China Based Companies Hardware in the Loop Revenue and Market Share, 2019-2024
4.4.1 China Based Hardware in the Loop Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Hardware in the Loop Revenue, (2019-2024)
4.5 Rest of World Based Hardware in the Loop Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Hardware in the Loop Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Hardware in the Loop Revenue, (2019-2024)

5 Market Analysis by Type
5.1 World Hardware in the Loop Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Closed Loop HIL
5.2.2 Open Loop HIL
5.3 Market Segment by Type
5.3.1 World Hardware in the Loop Market Size by Type (2019-2024)
5.3.2 World Hardware in the Loop Market Size by Type (2025-2030)
5.3.3 World Hardware in the Loop Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
6.1 World Hardware in the Loop Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Automotive
6.2.2 Aerospace & Defense
6.2.3 Power Electronics
6.2.4 Research & Education
6.2.5 Research & Education
6.2.6 Industrial Equipment
6.2.7 Industrial Components
6.2.8 Others
6.3 Market Segment by Application
6.3.1 World Hardware in the Loop Market Size by Application (2019-2024)
6.3.2 World Hardware in the Loop Market Size by Application (2025-2030)
6.3.3 World Hardware in the Loop Market Size by Application (2019-2030)

7 Company Profiles
7.1 dSpace GmbH
7.1.1 dSpace GmbH Details
7.1.2 dSpace GmbH Major Business
7.1.3 dSpace GmbH Hardware in the Loop Product and Services
7.1.4 dSpace GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 dSpace GmbH Recent Developments/Updates
7.1.6 dSpace GmbH Competitive Strengths & Weaknesses
7.2 National Instruments
7.2.1 National Instruments Details
7.2.2 National Instruments Major Business
7.2.3 National Instruments Hardware in the Loop Product and Services
7.2.4 National Instruments Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 National Instruments Recent Developments/Updates
7.2.6 National Instruments Competitive Strengths & Weaknesses
7.3 Vector Informatik
7.3.1 Vector Informatik Details
7.3.2 Vector Informatik Major Business
7.3.3 Vector Informatik Hardware in the Loop Product and Services
7.3.4 Vector Informatik Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Vector Informatik Recent Developments/Updates
7.3.6 Vector Informatik Competitive Strengths & Weaknesses
7.4 ETAS
7.4.1 ETAS Details
7.4.2 ETAS Major Business
7.4.3 ETAS Hardware in the Loop Product and Services
7.4.4 ETAS Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 ETAS Recent Developments/Updates
7.4.6 ETAS Competitive Strengths & Weaknesses
7.5 Ipg Automotive GmbH
7.5.1 Ipg Automotive GmbH Details
7.5.2 Ipg Automotive GmbH Major Business
7.5.3 Ipg Automotive GmbH Hardware in the Loop Product and Services
7.5.4 Ipg Automotive GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Ipg Automotive GmbH Recent Developments/Updates
7.5.6 Ipg Automotive GmbH Competitive Strengths & Weaknesses
7.6 MicroNova AG
7.6.1 MicroNova AG Details
7.6.2 MicroNova AG Major Business
7.6.3 MicroNova AG Hardware in the Loop Product and Services
7.6.4 MicroNova AG Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 MicroNova AG Recent Developments/Updates
7.6.6 MicroNova AG Competitive Strengths & Weaknesses
7.7 Aegis Technologies
7.7.1 Aegis Technologies Details
7.7.2 Aegis Technologies Major Business
7.7.3 Aegis Technologies Hardware in the Loop Product and Services
7.7.4 Aegis Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Aegis Technologies Recent Developments/Updates
7.7.6 Aegis Technologies Competitive Strengths & Weaknesses
7.8 HiRain Technologies
7.8.1 HiRain Technologies Details
7.8.2 HiRain Technologies Major Business
7.8.3 HiRain Technologies Hardware in the Loop Product and Services
7.8.4 HiRain Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 HiRain Technologies Recent Developments/Updates
7.8.6 HiRain Technologies Competitive Strengths & Weaknesses
7.9 Opal-RT Technologies
7.9.1 Opal-RT Technologies Details
7.9.2 Opal-RT Technologies Major Business
7.9.3 Opal-RT Technologies Hardware in the Loop Product and Services
7.9.4 Opal-RT Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Opal-RT Technologies Recent Developments/Updates
7.9.6 Opal-RT Technologies Competitive Strengths & Weaknesses
7.10 Eontronix
7.10.1 Eontronix Details
7.10.2 Eontronix Major Business
7.10.3 Eontronix Hardware in the Loop Product and Services
7.10.4 Eontronix Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Eontronix Recent Developments/Updates
7.10.6 Eontronix Competitive Strengths & Weaknesses
7.11 Typhoon HIL
7.11.1 Typhoon HIL Details
7.11.2 Typhoon HIL Major Business
7.11.3 Typhoon HIL Hardware in the Loop Product and Services
7.11.4 Typhoon HIL Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 Typhoon HIL Recent Developments/Updates
7.11.6 Typhoon HIL Competitive Strengths & Weaknesses
7.12 LHP Engineering Solutions
7.12.1 LHP Engineering Solutions Details
7.12.2 LHP Engineering Solutions Major Business
7.12.3 LHP Engineering Solutions Hardware in the Loop Product and Services
7.12.4 LHP Engineering Solutions Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.12.5 LHP Engineering Solutions Recent Developments/Updates
7.12.6 LHP Engineering Solutions Competitive Strengths & Weaknesses
7.13 Speedgoat GmbH
7.13.1 Speedgoat GmbH Details
7.13.2 Speedgoat GmbH Major Business
7.13.3 Speedgoat GmbH Hardware in the Loop Product and Services
7.13.4 Speedgoat GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.13.5 Speedgoat GmbH Recent Developments/Updates
7.13.6 Speedgoat GmbH Competitive Strengths & Weaknesses
7.14 Wineman Technology (Genuen)
7.14.1 Wineman Technology (Genuen) Details
7.14.2 Wineman Technology (Genuen) Major Business
7.14.3 Wineman Technology (Genuen) Hardware in the Loop Product and Services
7.14.4 Wineman Technology (Genuen) Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.14.5 Wineman Technology (Genuen) Recent Developments/Updates
7.14.6 Wineman Technology (Genuen) Competitive Strengths & Weaknesses
7.15 Modeling Tech
7.15.1 Modeling Tech Details
7.15.2 Modeling Tech Major Business
7.15.3 Modeling Tech Hardware in the Loop Product and Services
7.15.4 Modeling Tech Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.15.5 Modeling Tech Recent Developments/Updates
7.15.6 Modeling Tech Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Hardware in the Loop Industry Chain
8.2 Hardware in the Loop Upstream Analysis
8.3 Hardware in the Loop Midstream Analysis
8.4 Hardware in the Loop Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Hardware in the Loop Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Hardware in the Loop Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Hardware in the Loop Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Hardware in the Loop Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Hardware in the Loop Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Hardware in the Loop Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Hardware in the Loop Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Hardware in the Loop Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Hardware in the Loop Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Hardware in the Loop Players in 2023
Table 12. World Hardware in the Loop Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Hardware in the Loop Company Evaluation Quadrant
Table 14. Head Office of Key Hardware in the Loop Player
Table 15. Hardware in the Loop Market: Company Product Type Footprint
Table 16. Hardware in the Loop Market: Company Product Application Footprint
Table 17. Hardware in the Loop Mergers & Acquisitions Activity
Table 18. United States VS China Hardware in the Loop Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Hardware in the Loop Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Hardware in the Loop Companies, Headquarters (States, Country)
Table 21. United States Based Companies Hardware in the Loop Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Hardware in the Loop Revenue Market Share (2019-2024)
Table 23. China Based Hardware in the Loop Companies, Headquarters (Province, Country)
Table 24. China Based Companies Hardware in the Loop Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Hardware in the Loop Revenue Market Share (2019-2024)
Table 26. Rest of World Based Hardware in the Loop Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Hardware in the Loop Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Hardware in the Loop Revenue Market Share (2019-2024)
Table 29. World Hardware in the Loop Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Hardware in the Loop Market Size by Type (2019-2024) & (USD Million)
Table 31. World Hardware in the Loop Market Size by Type (2025-2030) & (USD Million)
Table 32. World Hardware in the Loop Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Hardware in the Loop Market Size by Application (2019-2024) & (USD Million)
Table 34. World Hardware in the Loop Market Size by Application (2025-2030) & (USD Million)
Table 35. dSpace GmbH Basic Information, Area Served and Competitors
Table 36. dSpace GmbH Major Business
Table 37. dSpace GmbH Hardware in the Loop Product and Services
Table 38. dSpace GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. dSpace GmbH Recent Developments/Updates
Table 40. dSpace GmbH Competitive Strengths & Weaknesses
Table 41. National Instruments Basic Information, Area Served and Competitors
Table 42. National Instruments Major Business
Table 43. National Instruments Hardware in the Loop Product and Services
Table 44. National Instruments Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. National Instruments Recent Developments/Updates
Table 46. National Instruments Competitive Strengths & Weaknesses
Table 47. Vector Informatik Basic Information, Area Served and Competitors
Table 48. Vector Informatik Major Business
Table 49. Vector Informatik Hardware in the Loop Product and Services
Table 50. Vector Informatik Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Vector Informatik Recent Developments/Updates
Table 52. Vector Informatik Competitive Strengths & Weaknesses
Table 53. ETAS Basic Information, Area Served and Competitors
Table 54. ETAS Major Business
Table 55. ETAS Hardware in the Loop Product and Services
Table 56. ETAS Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. ETAS Recent Developments/Updates
Table 58. ETAS Competitive Strengths & Weaknesses
Table 59. Ipg Automotive GmbH Basic Information, Area Served and Competitors
Table 60. Ipg Automotive GmbH Major Business
Table 61. Ipg Automotive GmbH Hardware in the Loop Product and Services
Table 62. Ipg Automotive GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Ipg Automotive GmbH Recent Developments/Updates
Table 64. Ipg Automotive GmbH Competitive Strengths & Weaknesses
Table 65. MicroNova AG Basic Information, Area Served and Competitors
Table 66. MicroNova AG Major Business
Table 67. MicroNova AG Hardware in the Loop Product and Services
Table 68. MicroNova AG Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. MicroNova AG Recent Developments/Updates
Table 70. MicroNova AG Competitive Strengths & Weaknesses
Table 71. Aegis Technologies Basic Information, Area Served and Competitors
Table 72. Aegis Technologies Major Business
Table 73. Aegis Technologies Hardware in the Loop Product and Services
Table 74. Aegis Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Aegis Technologies Recent Developments/Updates
Table 76. Aegis Technologies Competitive Strengths & Weaknesses
Table 77. HiRain Technologies Basic Information, Area Served and Competitors
Table 78. HiRain Technologies Major Business
Table 79. HiRain Technologies Hardware in the Loop Product and Services
Table 80. HiRain Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. HiRain Technologies Recent Developments/Updates
Table 82. HiRain Technologies Competitive Strengths & Weaknesses
Table 83. Opal-RT Technologies Basic Information, Area Served and Competitors
Table 84. Opal-RT Technologies Major Business
Table 85. Opal-RT Technologies Hardware in the Loop Product and Services
Table 86. Opal-RT Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Opal-RT Technologies Recent Developments/Updates
Table 88. Opal-RT Technologies Competitive Strengths & Weaknesses
Table 89. Eontronix Basic Information, Area Served and Competitors
Table 90. Eontronix Major Business
Table 91. Eontronix Hardware in the Loop Product and Services
Table 92. Eontronix Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Eontronix Recent Developments/Updates
Table 94. Eontronix Competitive Strengths & Weaknesses
Table 95. Typhoon HIL Basic Information, Area Served and Competitors
Table 96. Typhoon HIL Major Business
Table 97. Typhoon HIL Hardware in the Loop Product and Services
Table 98. Typhoon HIL Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 99. Typhoon HIL Recent Developments/Updates
Table 100. Typhoon HIL Competitive Strengths & Weaknesses
Table 101. LHP Engineering Solutions Basic Information, Area Served and Competitors
Table 102. LHP Engineering Solutions Major Business
Table 103. LHP Engineering Solutions Hardware in the Loop Product and Services
Table 104. LHP Engineering Solutions Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 105. LHP Engineering Solutions Recent Developments/Updates
Table 106. LHP Engineering Solutions Competitive Strengths & Weaknesses
Table 107. Speedgoat GmbH Basic Information, Area Served and Competitors
Table 108. Speedgoat GmbH Major Business
Table 109. Speedgoat GmbH Hardware in the Loop Product and Services
Table 110. Speedgoat GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 111. Speedgoat GmbH Recent Developments/Updates
Table 112. Speedgoat GmbH Competitive Strengths & Weaknesses
Table 113. Wineman Technology (Genuen) Basic Information, Area Served and Competitors
Table 114. Wineman Technology (Genuen) Major Business
Table 115. Wineman Technology (Genuen) Hardware in the Loop Product and Services
Table 116. Wineman Technology (Genuen) Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 117. Wineman Technology (Genuen) Recent Developments/Updates
Table 118. Modeling Tech Basic Information, Area Served and Competitors
Table 119. Modeling Tech Major Business
Table 120. Modeling Tech Hardware in the Loop Product and Services
Table 121. Modeling Tech Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 122. Global Key Players of Hardware in the Loop Upstream (Raw Materials)
Table 123. Hardware in the Loop Typical Customers
List of Figure
Figure 1. Hardware in the Loop Picture
Figure 2. World Hardware in the Loop Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Hardware in the Loop Total Market Size (2019-2030) & (USD Million)
Figure 4. World Hardware in the Loop Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Hardware in the Loop Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 13. Hardware in the Loop Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 16. World Hardware in the Loop Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 18. China Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 23. India Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Hardware in the Loop by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Hardware in the Loop Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Hardware in the Loop Markets in 2023
Figure 27. United States VS China: Hardware in the Loop Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Hardware in the Loop Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Hardware in the Loop Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Hardware in the Loop Market Size Market Share by Type in 2023
Figure 31. Closed Loop HIL
Figure 32. Open Loop HIL
Figure 33. World Hardware in the Loop Market Size Market Share by Type (2019-2030)
Figure 34. World Hardware in the Loop Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World Hardware in the Loop Market Size Market Share by Application in 2023
Figure 36. Automotive
Figure 37. Aerospace & Defense
Figure 38. Power Electronics
Figure 39. Research & Education
Figure 40. Oil & Gas
Figure 41. Industrial Equipment
Figure 42. Industrial Components
Figure 43. Others
Figure 44. Hardware in the Loop Industrial Chain
Figure 45. Methodology
Figure 46. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

yuan2

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

yuan2

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

yuan2

Final quality check

yuan2

Clarifying queries

yuan2

Receiving feedback

yuan2

Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

  • yuan01
    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

dSpace GmbH
National Instruments
Vector Informatik
ETAS
Ipg Automotive GmbH
MicroNova AG
Aegis Technologies
HiRain Technologies
Opal-RT Technologies
Eontronix
Typhoon HIL
LHP Engineering Solutions
Speedgoat GmbH
Wineman Technology (Genuen)
Modeling Tech
btl

Related Reports

Global Hardware in the Loop Market 2023 by Company, Regions, Type and Application, Forecast to 2029 xian22

Global Hardware in the Loop Market 2023 by Company, Regions, Type and Application, Forecast to 2029

date 18 Mar 2023

date Service & Software

Hardware-in-the-loop (HIL) technique is used to analyze complex real-time embedded systems. The HIL system provides an effective platform which for reduce the complexity of the plant and control the test platform. HIL technology offers high-quality output and reduces the cost involved and time needed. Hence, it is widely preferred in many applications such as Aerospace & Defense, automotive, and others. Automotive sector adopts ECUs technology in accordance to meet various industry standards. Electronic companies use HIL technique in various applications such as nuclear power plant Chassis Systems, wind turbine generators, developing and testing of electronic grids, photovoltaic inverter, and so on.

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Global Hardware in the Loop Supply, Demand and Key Producers, 2024-2030

Global Hardware in the Loop Supply, Demand and Key Producers, 2024-2030

Page: 142

Published Date: 23 Feb 2024

Category: Service & Software

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Description

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Description

The global Hardware in the Loop market size is expected to reach $ 1054.5 million by 2030, rising at a market growth of 5.7% CAGR during the forecast period (2024-2030).

The major players in global hardware in the loop market include dSpace GmbH, National Instruments, Vector Informatik, etc. The top 2 players occupy about 50% shares of the global market. Europe and North America are main markets, they occupy over 60% of the global market.

Hardware-in-the-loop (HIL) technique is used to analyze complex real-time embedded systems. The HIL system provides an effective platform which for reduce the complexity of the plant and control the test platform. HIL technology offers high-quality output and reduces the cost involved and time needed. Hence, it is widely preferred in many applications such as Aerospace & Defense, automotive, and others. Automotive sector adopts ECUs technology in accordance to meet various industry standards. Electronic companies use HIL technique in various applications such as nuclear power plant Chassis Systems, wind turbine generators, developing and testing of electronic grids, photovoltaic inverter, and so on.

This report studies the global Hardware in the Loop demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Hardware in the Loop, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Hardware in the Loop that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Hardware in the Loop total market, 2019-2030, (USD Million)
Global Hardware in the Loop total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Hardware in the Loop total market, key domestic companies and share, (USD Million)
Global Hardware in the Loop revenue by player and market share 2019-2024, (USD Million)
Global Hardware in the Loop total market by Type, CAGR, 2019-2030, (USD Million)
Global Hardware in the Loop total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global Hardware in the Loop market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include dSpace GmbH, National Instruments, Vector Informatik, ETAS, Ipg Automotive GmbH, MicroNova AG, Aegis Technologies, HiRain Technologies and Opal-RT Technologies, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Hardware in the Loop market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Hardware in the Loop Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Hardware in the Loop Market, Segmentation by Type
Closed Loop HIL
Open Loop HIL

Global Hardware in the Loop Market, Segmentation by Application
Automotive
Aerospace & Defense
Power Electronics
Research & Education
Oil & Gas
Industrial Equipment
Industrial Components
Others

Companies Profiled:
dSpace GmbH
National Instruments
Vector Informatik
ETAS
Ipg Automotive GmbH
MicroNova AG
Aegis Technologies
HiRain Technologies
Opal-RT Technologies
Eontronix
Typhoon HIL
LHP Engineering Solutions
Speedgoat GmbH
Wineman Technology (Genuen)
Modeling Tech

Key Questions Answered
1. How big is the global Hardware in the Loop market?
2. What is the demand of the global Hardware in the Loop market?
3. What is the year over year growth of the global Hardware in the Loop market?
4. What is the total value of the global Hardware in the Loop market?
5. Who are the major players in the global Hardware in the Loop market?
btl

Table of Contents

1 Supply Summary
1.1 Hardware in the Loop Introduction
1.2 World Hardware in the Loop Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Hardware in the Loop Total Market by Region (by Headquarter Location)
1.3.1 World Hardware in the Loop Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Hardware in the Loop Market Size (2019-2030)
1.3.3 China Hardware in the Loop Market Size (2019-2030)
1.3.4 Europe Hardware in the Loop Market Size (2019-2030)
1.3.5 Japan Hardware in the Loop Market Size (2019-2030)
1.3.6 South Korea Hardware in the Loop Market Size (2019-2030)
1.3.7 ASEAN Hardware in the Loop Market Size (2019-2030)
1.3.8 India Hardware in the Loop Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Hardware in the Loop Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Hardware in the Loop Major Market Trends

2 Demand Summary
2.1 World Hardware in the Loop Consumption Value (2019-2030)
2.2 World Hardware in the Loop Consumption Value by Region
2.2.1 World Hardware in the Loop Consumption Value by Region (2019-2024)
2.2.2 World Hardware in the Loop Consumption Value Forecast by Region (2025-2030)
2.3 United States Hardware in the Loop Consumption Value (2019-2030)
2.4 China Hardware in the Loop Consumption Value (2019-2030)
2.5 Europe Hardware in the Loop Consumption Value (2019-2030)
2.6 Japan Hardware in the Loop Consumption Value (2019-2030)
2.7 South Korea Hardware in the Loop Consumption Value (2019-2030)
2.8 ASEAN Hardware in the Loop Consumption Value (2019-2030)
2.9 India Hardware in the Loop Consumption Value (2019-2030)

3 World Hardware in the Loop Companies Competitive Analysis
3.1 World Hardware in the Loop Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Hardware in the Loop Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Hardware in the Loop in 2023
3.2.3 Global Concentration Ratios (CR8) for Hardware in the Loop in 2023
3.3 Hardware in the Loop Company Evaluation Quadrant
3.4 Hardware in the Loop Market: Overall Company Footprint Analysis
3.4.1 Hardware in the Loop Market: Region Footprint
3.4.2 Hardware in the Loop Market: Company Product Type Footprint
3.4.3 Hardware in the Loop Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: Hardware in the Loop Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Hardware in the Loop Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Hardware in the Loop Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Hardware in the Loop Consumption Value Comparison
4.2.1 United States VS China: Hardware in the Loop Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Hardware in the Loop Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Hardware in the Loop Companies and Market Share, 2019-2024
4.3.1 United States Based Hardware in the Loop Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Hardware in the Loop Revenue, (2019-2024)
4.4 China Based Companies Hardware in the Loop Revenue and Market Share, 2019-2024
4.4.1 China Based Hardware in the Loop Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Hardware in the Loop Revenue, (2019-2024)
4.5 Rest of World Based Hardware in the Loop Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Hardware in the Loop Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Hardware in the Loop Revenue, (2019-2024)

5 Market Analysis by Type
5.1 World Hardware in the Loop Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Closed Loop HIL
5.2.2 Open Loop HIL
5.3 Market Segment by Type
5.3.1 World Hardware in the Loop Market Size by Type (2019-2024)
5.3.2 World Hardware in the Loop Market Size by Type (2025-2030)
5.3.3 World Hardware in the Loop Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
6.1 World Hardware in the Loop Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Automotive
6.2.2 Aerospace & Defense
6.2.3 Power Electronics
6.2.4 Research & Education
6.2.5 Research & Education
6.2.6 Industrial Equipment
6.2.7 Industrial Components
6.2.8 Others
6.3 Market Segment by Application
6.3.1 World Hardware in the Loop Market Size by Application (2019-2024)
6.3.2 World Hardware in the Loop Market Size by Application (2025-2030)
6.3.3 World Hardware in the Loop Market Size by Application (2019-2030)

7 Company Profiles
7.1 dSpace GmbH
7.1.1 dSpace GmbH Details
7.1.2 dSpace GmbH Major Business
7.1.3 dSpace GmbH Hardware in the Loop Product and Services
7.1.4 dSpace GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 dSpace GmbH Recent Developments/Updates
7.1.6 dSpace GmbH Competitive Strengths & Weaknesses
7.2 National Instruments
7.2.1 National Instruments Details
7.2.2 National Instruments Major Business
7.2.3 National Instruments Hardware in the Loop Product and Services
7.2.4 National Instruments Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 National Instruments Recent Developments/Updates
7.2.6 National Instruments Competitive Strengths & Weaknesses
7.3 Vector Informatik
7.3.1 Vector Informatik Details
7.3.2 Vector Informatik Major Business
7.3.3 Vector Informatik Hardware in the Loop Product and Services
7.3.4 Vector Informatik Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Vector Informatik Recent Developments/Updates
7.3.6 Vector Informatik Competitive Strengths & Weaknesses
7.4 ETAS
7.4.1 ETAS Details
7.4.2 ETAS Major Business
7.4.3 ETAS Hardware in the Loop Product and Services
7.4.4 ETAS Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 ETAS Recent Developments/Updates
7.4.6 ETAS Competitive Strengths & Weaknesses
7.5 Ipg Automotive GmbH
7.5.1 Ipg Automotive GmbH Details
7.5.2 Ipg Automotive GmbH Major Business
7.5.3 Ipg Automotive GmbH Hardware in the Loop Product and Services
7.5.4 Ipg Automotive GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Ipg Automotive GmbH Recent Developments/Updates
7.5.6 Ipg Automotive GmbH Competitive Strengths & Weaknesses
7.6 MicroNova AG
7.6.1 MicroNova AG Details
7.6.2 MicroNova AG Major Business
7.6.3 MicroNova AG Hardware in the Loop Product and Services
7.6.4 MicroNova AG Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 MicroNova AG Recent Developments/Updates
7.6.6 MicroNova AG Competitive Strengths & Weaknesses
7.7 Aegis Technologies
7.7.1 Aegis Technologies Details
7.7.2 Aegis Technologies Major Business
7.7.3 Aegis Technologies Hardware in the Loop Product and Services
7.7.4 Aegis Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Aegis Technologies Recent Developments/Updates
7.7.6 Aegis Technologies Competitive Strengths & Weaknesses
7.8 HiRain Technologies
7.8.1 HiRain Technologies Details
7.8.2 HiRain Technologies Major Business
7.8.3 HiRain Technologies Hardware in the Loop Product and Services
7.8.4 HiRain Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 HiRain Technologies Recent Developments/Updates
7.8.6 HiRain Technologies Competitive Strengths & Weaknesses
7.9 Opal-RT Technologies
7.9.1 Opal-RT Technologies Details
7.9.2 Opal-RT Technologies Major Business
7.9.3 Opal-RT Technologies Hardware in the Loop Product and Services
7.9.4 Opal-RT Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Opal-RT Technologies Recent Developments/Updates
7.9.6 Opal-RT Technologies Competitive Strengths & Weaknesses
7.10 Eontronix
7.10.1 Eontronix Details
7.10.2 Eontronix Major Business
7.10.3 Eontronix Hardware in the Loop Product and Services
7.10.4 Eontronix Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Eontronix Recent Developments/Updates
7.10.6 Eontronix Competitive Strengths & Weaknesses
7.11 Typhoon HIL
7.11.1 Typhoon HIL Details
7.11.2 Typhoon HIL Major Business
7.11.3 Typhoon HIL Hardware in the Loop Product and Services
7.11.4 Typhoon HIL Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 Typhoon HIL Recent Developments/Updates
7.11.6 Typhoon HIL Competitive Strengths & Weaknesses
7.12 LHP Engineering Solutions
7.12.1 LHP Engineering Solutions Details
7.12.2 LHP Engineering Solutions Major Business
7.12.3 LHP Engineering Solutions Hardware in the Loop Product and Services
7.12.4 LHP Engineering Solutions Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.12.5 LHP Engineering Solutions Recent Developments/Updates
7.12.6 LHP Engineering Solutions Competitive Strengths & Weaknesses
7.13 Speedgoat GmbH
7.13.1 Speedgoat GmbH Details
7.13.2 Speedgoat GmbH Major Business
7.13.3 Speedgoat GmbH Hardware in the Loop Product and Services
7.13.4 Speedgoat GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.13.5 Speedgoat GmbH Recent Developments/Updates
7.13.6 Speedgoat GmbH Competitive Strengths & Weaknesses
7.14 Wineman Technology (Genuen)
7.14.1 Wineman Technology (Genuen) Details
7.14.2 Wineman Technology (Genuen) Major Business
7.14.3 Wineman Technology (Genuen) Hardware in the Loop Product and Services
7.14.4 Wineman Technology (Genuen) Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.14.5 Wineman Technology (Genuen) Recent Developments/Updates
7.14.6 Wineman Technology (Genuen) Competitive Strengths & Weaknesses
7.15 Modeling Tech
7.15.1 Modeling Tech Details
7.15.2 Modeling Tech Major Business
7.15.3 Modeling Tech Hardware in the Loop Product and Services
7.15.4 Modeling Tech Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024)
7.15.5 Modeling Tech Recent Developments/Updates
7.15.6 Modeling Tech Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Hardware in the Loop Industry Chain
8.2 Hardware in the Loop Upstream Analysis
8.3 Hardware in the Loop Midstream Analysis
8.4 Hardware in the Loop Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Hardware in the Loop Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Hardware in the Loop Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Hardware in the Loop Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Hardware in the Loop Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Hardware in the Loop Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Hardware in the Loop Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Hardware in the Loop Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Hardware in the Loop Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Hardware in the Loop Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Hardware in the Loop Players in 2023
Table 12. World Hardware in the Loop Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Hardware in the Loop Company Evaluation Quadrant
Table 14. Head Office of Key Hardware in the Loop Player
Table 15. Hardware in the Loop Market: Company Product Type Footprint
Table 16. Hardware in the Loop Market: Company Product Application Footprint
Table 17. Hardware in the Loop Mergers & Acquisitions Activity
Table 18. United States VS China Hardware in the Loop Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Hardware in the Loop Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Hardware in the Loop Companies, Headquarters (States, Country)
Table 21. United States Based Companies Hardware in the Loop Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Hardware in the Loop Revenue Market Share (2019-2024)
Table 23. China Based Hardware in the Loop Companies, Headquarters (Province, Country)
Table 24. China Based Companies Hardware in the Loop Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Hardware in the Loop Revenue Market Share (2019-2024)
Table 26. Rest of World Based Hardware in the Loop Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Hardware in the Loop Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Hardware in the Loop Revenue Market Share (2019-2024)
Table 29. World Hardware in the Loop Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Hardware in the Loop Market Size by Type (2019-2024) & (USD Million)
Table 31. World Hardware in the Loop Market Size by Type (2025-2030) & (USD Million)
Table 32. World Hardware in the Loop Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Hardware in the Loop Market Size by Application (2019-2024) & (USD Million)
Table 34. World Hardware in the Loop Market Size by Application (2025-2030) & (USD Million)
Table 35. dSpace GmbH Basic Information, Area Served and Competitors
Table 36. dSpace GmbH Major Business
Table 37. dSpace GmbH Hardware in the Loop Product and Services
Table 38. dSpace GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. dSpace GmbH Recent Developments/Updates
Table 40. dSpace GmbH Competitive Strengths & Weaknesses
Table 41. National Instruments Basic Information, Area Served and Competitors
Table 42. National Instruments Major Business
Table 43. National Instruments Hardware in the Loop Product and Services
Table 44. National Instruments Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. National Instruments Recent Developments/Updates
Table 46. National Instruments Competitive Strengths & Weaknesses
Table 47. Vector Informatik Basic Information, Area Served and Competitors
Table 48. Vector Informatik Major Business
Table 49. Vector Informatik Hardware in the Loop Product and Services
Table 50. Vector Informatik Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Vector Informatik Recent Developments/Updates
Table 52. Vector Informatik Competitive Strengths & Weaknesses
Table 53. ETAS Basic Information, Area Served and Competitors
Table 54. ETAS Major Business
Table 55. ETAS Hardware in the Loop Product and Services
Table 56. ETAS Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. ETAS Recent Developments/Updates
Table 58. ETAS Competitive Strengths & Weaknesses
Table 59. Ipg Automotive GmbH Basic Information, Area Served and Competitors
Table 60. Ipg Automotive GmbH Major Business
Table 61. Ipg Automotive GmbH Hardware in the Loop Product and Services
Table 62. Ipg Automotive GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Ipg Automotive GmbH Recent Developments/Updates
Table 64. Ipg Automotive GmbH Competitive Strengths & Weaknesses
Table 65. MicroNova AG Basic Information, Area Served and Competitors
Table 66. MicroNova AG Major Business
Table 67. MicroNova AG Hardware in the Loop Product and Services
Table 68. MicroNova AG Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. MicroNova AG Recent Developments/Updates
Table 70. MicroNova AG Competitive Strengths & Weaknesses
Table 71. Aegis Technologies Basic Information, Area Served and Competitors
Table 72. Aegis Technologies Major Business
Table 73. Aegis Technologies Hardware in the Loop Product and Services
Table 74. Aegis Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Aegis Technologies Recent Developments/Updates
Table 76. Aegis Technologies Competitive Strengths & Weaknesses
Table 77. HiRain Technologies Basic Information, Area Served and Competitors
Table 78. HiRain Technologies Major Business
Table 79. HiRain Technologies Hardware in the Loop Product and Services
Table 80. HiRain Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. HiRain Technologies Recent Developments/Updates
Table 82. HiRain Technologies Competitive Strengths & Weaknesses
Table 83. Opal-RT Technologies Basic Information, Area Served and Competitors
Table 84. Opal-RT Technologies Major Business
Table 85. Opal-RT Technologies Hardware in the Loop Product and Services
Table 86. Opal-RT Technologies Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Opal-RT Technologies Recent Developments/Updates
Table 88. Opal-RT Technologies Competitive Strengths & Weaknesses
Table 89. Eontronix Basic Information, Area Served and Competitors
Table 90. Eontronix Major Business
Table 91. Eontronix Hardware in the Loop Product and Services
Table 92. Eontronix Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Eontronix Recent Developments/Updates
Table 94. Eontronix Competitive Strengths & Weaknesses
Table 95. Typhoon HIL Basic Information, Area Served and Competitors
Table 96. Typhoon HIL Major Business
Table 97. Typhoon HIL Hardware in the Loop Product and Services
Table 98. Typhoon HIL Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 99. Typhoon HIL Recent Developments/Updates
Table 100. Typhoon HIL Competitive Strengths & Weaknesses
Table 101. LHP Engineering Solutions Basic Information, Area Served and Competitors
Table 102. LHP Engineering Solutions Major Business
Table 103. LHP Engineering Solutions Hardware in the Loop Product and Services
Table 104. LHP Engineering Solutions Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 105. LHP Engineering Solutions Recent Developments/Updates
Table 106. LHP Engineering Solutions Competitive Strengths & Weaknesses
Table 107. Speedgoat GmbH Basic Information, Area Served and Competitors
Table 108. Speedgoat GmbH Major Business
Table 109. Speedgoat GmbH Hardware in the Loop Product and Services
Table 110. Speedgoat GmbH Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 111. Speedgoat GmbH Recent Developments/Updates
Table 112. Speedgoat GmbH Competitive Strengths & Weaknesses
Table 113. Wineman Technology (Genuen) Basic Information, Area Served and Competitors
Table 114. Wineman Technology (Genuen) Major Business
Table 115. Wineman Technology (Genuen) Hardware in the Loop Product and Services
Table 116. Wineman Technology (Genuen) Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 117. Wineman Technology (Genuen) Recent Developments/Updates
Table 118. Modeling Tech Basic Information, Area Served and Competitors
Table 119. Modeling Tech Major Business
Table 120. Modeling Tech Hardware in the Loop Product and Services
Table 121. Modeling Tech Hardware in the Loop Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 122. Global Key Players of Hardware in the Loop Upstream (Raw Materials)
Table 123. Hardware in the Loop Typical Customers
List of Figure
Figure 1. Hardware in the Loop Picture
Figure 2. World Hardware in the Loop Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Hardware in the Loop Total Market Size (2019-2030) & (USD Million)
Figure 4. World Hardware in the Loop Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Hardware in the Loop Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Hardware in the Loop Revenue (2019-2030) & (USD Million)
Figure 13. Hardware in the Loop Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 16. World Hardware in the Loop Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 18. China Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 23. India Hardware in the Loop Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Hardware in the Loop by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Hardware in the Loop Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Hardware in the Loop Markets in 2023
Figure 27. United States VS China: Hardware in the Loop Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Hardware in the Loop Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Hardware in the Loop Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Hardware in the Loop Market Size Market Share by Type in 2023
Figure 31. Closed Loop HIL
Figure 32. Open Loop HIL
Figure 33. World Hardware in the Loop Market Size Market Share by Type (2019-2030)
Figure 34. World Hardware in the Loop Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World Hardware in the Loop Market Size Market Share by Application in 2023
Figure 36. Automotive
Figure 37. Aerospace & Defense
Figure 38. Power Electronics
Figure 39. Research & Education
Figure 40. Oil & Gas
Figure 41. Industrial Equipment
Figure 42. Industrial Components
Figure 43. Others
Figure 44. Hardware in the Loop Industrial Chain
Figure 45. Methodology
Figure 46. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

dSpace GmbH
National Instruments
Vector Informatik
ETAS
Ipg Automotive GmbH
MicroNova AG
Aegis Technologies
HiRain Technologies
Opal-RT Technologies
Eontronix
Typhoon HIL
LHP Engineering Solutions
Speedgoat GmbH
Wineman Technology (Genuen)
Modeling Tech
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Hardware-in-the-loop (HIL) technique is used to analyze complex real-time embedded systems. The HIL system provides an effective platform which for reduce the complexity of the plant and control the test platform. HIL technology offers high-quality output and reduces the cost involved and time needed. Hence, it is widely preferred in many applications such as Aerospace & Defense, automotive, and others. Automotive sector adopts ECUs technology in accordance to meet various industry standards. Electronic companies use HIL technique in various applications such as nuclear power plant Chassis Systems, wind turbine generators, developing and testing of electronic grids, photovoltaic inverter, and so on.

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