Global Hardware in the Loop Market Growth (Status and Outlook) 2022-2028

As the global economy mends, the 2021 growth of Hardware in the Loop will have significant change from previous year. According to our (LP Information) latest study, the global Hardware in the Loop market size is USD million in 2022 from USD 678.2 million in 2021, with a change of % between 2021 and 2022. The global Hardware in the Loop market size will reach USD 1035 million in 2028, growing at a CAGR of 6.2% over the analysis period.
The United States Hardware in the Loop market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Hardware in the Loop market, reaching US$ million by the year 2028. As for the Europe Hardware in the Loop landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Hardware in the Loop players cover dSpace GmbH, National Instruments, Vector Informatik, and ETAS, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Hardware in the Loop market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Closed Loop HIL
Open Loop HIL
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Automotive
Aerospace & Defense
Power Electronics
Research & Education
Oil & Gas
Industrial Equipment
Industrial Components
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
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