About Software in the Loop
Software-in-the-Loop (SIL) simulation represents the integration of compiled production source code into a mathematical model simulation, providing engineers with a practical, virtual simulation environment for the development and testing of detailed control strategies for large and complex systems. SIL enables the earliest detection of system-level defects or bugs, significantly reducing the costs of later stage troubleshooting when the number and complexity of component interactions are greater.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that Germany Players will contribute the maximum growth to Global Software in the Loop market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
National Instruments (United States), Vector Informatik (Germany), Siemens (Germany), Robert Bosch Engineering (Germany), MicroNova AG (Germany), Opal-RT Technologies (Canada), DSpace GmbH (Germany), LHP Engineering Solutions (United States), IPG Automotive GmbH (Germany) and Typhoon HIL (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Speedgoat GmbH (Germany), Eontronix (China), Wineman Technology (United States) and Modeling Tech (China).
Segmentation Overview
AMA Research has segmented the market of Global Software in the Loop market by , Application (Testing and Simulation) and Region.
On the basis of geography, the market of Software in the Loop has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Environment, the sub-segment i.e. Real-Time will boost the Software in the Loop market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Software in the Loop market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Automotive will boost the Software in the Loop market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
SIL makes it possible to test software prior to the initialization of the hardware prototyping phase, significantly accelerating the development cycle.
Market Growth Drivers:
An increasing number of automobile production across the globe and growing industrialization in emerging economies are the key factors driving the demand of the market., Helps to Solve Traditional Simulation Problems of Model Validity and Reduce Man Hours
Challenges:
System Integration Issues
Restraints:
Changed Timing Behaviour of the Software
Opportunities:
Automated and Hybrid Vehicle Production and Calibration and Parameterization of Vehicle Stability Controller Using Simulation
Key Target Audience
Software in the Loop Vendors, Software Developers, Automotive Players and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.