![]() |
Market Research Report
Product code
1065020
Autonomous Vehicle Simulation Solutions Market - A Global Market and Regional Analysis: Focus on Product and Application, Supply Chain, and Country-Level Analysis - Analysis and Forecast, 2020-2031 |
Autonomous Vehicle Simulation Solutions Market - A Global Market and Regional Analysis: Focus on Product and Application, Supply Chain, and Country-Level Analysis - Analysis and Forecast, 2020-2031 |
Published: March 8, 2022
BIS Research Inc.
Content info: 209 Pages
Delivery time: 1-2 business days
|
“Global Autonomous Vehicle Simulation Solutions Market to Reach $2,971.4 Million by 2031.”
Altair Engineering, Inc., Ansys, Inc., Applied Intuition, Inc., Autodesk Inc., AVL List GmbH, Cognata, Dassault Systemes, dSPACE GmbH, Foretellix, VIRES Simulationstechnologie GmbH, LG Electronics, Nvidia Corporation, rFpro, The MathWorks, Inc., SAP SE, aiMotive.
Autonomous vehicle simulation solutions help to build different driving scenarios inside virtual scenes with respect to sensor settings, vehicle actions, traffic, pedestrians, and infrastructure. Automotive OEMs and other stakeholders can use simulation software in autonomous vehicles to simulate many sensors such as lidar, radar, camera, global positioning system (GPS), inertial measurement units (IMU), vehicle-to-vehicle (V2V), and HD maps.
The global autonomous vehicle simulation solutions market is expected to reach $2,971.4 million by 2031, with a CAGR of 13.4% during the forecast period 2022-2031.
According to studies, the autonomous vehicle simulation solutions industry is driven by several factors such as growing emphasis on road safety, favorable government policies to develop infrastructure for autonomous vehicles, and increasing road congestion.
Autonomous Vehicle Simulation Solutions Market by Region
North America dominated the autonomous vehicle simulation solutions market in 2021 and is anticipated to uphold its dominance throughout the forecast period 2022-2031. The autonomous vehicle industry in North America is majorly driven by the growing demand for advanced safety features such as adaptive cruise control, traffic jam assist, and autopilot. Additionally, the increasing number of high-end passenger cars is expected to boost the market growth, as North America is home to numerous leading high-end passenger car manufacturers providing vehicles that are equipped with level 1 and level 2 of autonomy.
Some key players operating in the market are: Altair Engineering, Inc., Ansys, Inc., Applied Intuition, Inc., Autodesk Inc., AVL List GmbH, Cognata, Dassault Systemes, dSPACE GmbH, Foretellix, VIRES Simulationstechnologie GmbH, LG Electronics, Nvidia Corporation, rFpro, The MathWorks, Inc., SAP SE, and aiMotive.
The companies profiled in the report have been selected post undergoing in-depth interviews with experts and understanding details around companies such as product portfolios, annual revenues, market penetration, research and development initiatives, and domestic and international presence in the autonomous vehicle simulation solutions market.