How Advanced Simulation Technologies Are Powering the Growth of the Hardware-in-the-Loop Market
The hardware in the loop market is estimated to be valued at USD 1,001.7 million in 2024 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...
Hardware in the loop (HIL) is a simulation technology, which is used in the process of development and testing of complex electromechanical systems.
The hardware in the loop technique is being widely used in sectors such as automotive, aerospace, and research & education. The growth of this market is being propelled by the increasing application of the hardware in the loop technique because of its advantages such as high quality output with time and cost savings.
Hardware in the loop (HIL) is a simulation technology, which is used in the process...