Global Hardware in the Loop Industry Projected to Hit $1,784.4 million by 2030
The hardware in the loop market is estimated to be valued at USD 1,100.8 million in 2025 and is projected to reach USD 1,784.4 million by 2030, growing at a CAGR of 10.1% from 2025 to 2030.
As electric and autonomous vehicle usage continues to rise, there is a growing demand for more sophisticated, real-time HIL systems capable of simulating high-voltage powertrains and complex sensor environments....