Asia Pacific Automotive Simulation Software Market Size & Outlook
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Asia Pacific automotive simulation software market highlights
- The Asia Pacific automotive simulation software market generated a revenue of USD 1,422.3 million in 2023.
- The market is expected to grow at a CAGR of 16.1% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating solution in 2023.
- Services is the most lucrative solution segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,422.3 million |
| Market revenue in 2030 | USD 4,042.8 million |
| Growth rate | 16.1% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Altair Engineering Inc Class A, Autodesk Inc, Ansys Inc, PTC, Dassault Systemes SE, MathWorks, Applied Intuition |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.8% of the global automotive simulation software market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,042.8 million by 2030.
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Automotive Simulation Software Market Scope
Automotive Simulation Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Applied Intuition | View profile | 501-1000 | Mountain View, California, United States, North America | https://appliedintuition.com |
| MathWorks | View profile | 1001-5000 | Natick, Massachusetts, United States, North America | http://www.mathworks.com |
| Autodesk Inc | View profile | 13700 | One Market Street, Suite 400, San Francisco, CA, United States, 94105 | https://www.autodesk.com |
| Ansys Inc | View profile | 6200 | 2600 ANSYS Drive, Canonsburg, PA, United States, 15317 | https://www.ansys.com |
| Dassault Systemes SE | View profile | 23811 | 10, Rue Marcel Dassault, Velizy-Villacoublay, France, 78140 | https://www.3ds.com |
| PTC | View profile | 5001-10000 | Boston, Massachusetts, United States, North America | http://www.ptc.com |
| Altair Engineering Inc Class A | View profile | 3200 | 1820 East Big Beaver Road, Troy, MI, United States, 48083 | https://www.altair.com |
Asia Pacific automotive simulation software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive simulation software market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 65.21% in 2023. Horizon Databook has segmented the Asia Pacific automotive simulation software market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Automotive Simulation Software Solution Outlook (Revenue, USD Million, 2018-2030)
- Software
- Others
- CAE Software
- Electromagnetic Simulation Software
- Training/Human-in-the-Loop (HITL) Simulation Software
- ADAS Simulation Software
- Services
- Simulation Development Services
- Training and Support & Maintenance
- Software
- Asia Pacific Automotive Simulation Software Deployment Outlook (Revenue, USD Million, 2018-2030)
- On-premise
- Cloud-based
- Asia Pacific Automotive Simulation Software End User Outlook (Revenue, USD Million, 2018-2030)
- OEMs (Automotive Vehicle Manufacturers)
- Automotive Component Manufacturers
- Others (Research institutes & regulating authorities)
- Asia Pacific Automotive Simulation Software Application Outlook (Revenue, USD Million, 2018-2030)
- Others
- Supply Chain Simulation
- Designing & Development
- Testing & Validation
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Target buyers of Asia Pacific automotive simulation software market databook
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Our clientele includes a mix of automotive simulation software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific automotive simulation software market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific automotive simulation software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific automotive simulation software market size, by country, 2018-2030 (US$M)
Asia Pacific Automotive Simulation Software Market Outlook Share, 2023 & 2030 (US$M)
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