Hardware in the Loop Market (HIL) size is expected to reach nearly US$ 3.60 Bn by 2030

(USGovernment-News.Com, October 02, 2024 ) In 2023, the automotive sector had the largest share due to the rising adoption of hardware in the loop technique. This is leading to the development of improved ECUs, faster time to market, and adherence to industry standards. North America had the largest share of hardware in the loop market (HIL) in 2023. The region is expected to show a high CAGR in the forecast period. The demand from the automotive and aerospace sectors in this region are the primary diving force.

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3 Jan 2024, Cognata Shift-Left Hardware-in-the-Loop Testing with Integration into Microsoft's SDV Cloud Infrastructure

25 April 2024, Rohde & Schwarz and IPG Automotive unveil a complete Hardware-in-the-Loop automotive radar test solution

1 May 2024, Transforming the grid with real-time simulation and hardware-in-the-loop

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Hardware in the Loop Market Segmentation

by Product type

Open Loop HIL

Closed Loop HIL

by Application

Automotive

Aerospace

Power Electronics

Research & Education

Other

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Hardware in the Loop Market Top Leaders:

1.Typhoon Hil, Inc.

2.Airbus Group SE

3.Robert Bosch Engineering

4.Business Solutions Pvt. Ltd.

5.National Instruments Corp.

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Source: EmailWire.Com

Source: EmailWire.com