| Source: Research and Markets Research and Markets
Dublin, Jan. 14, 2022 (GLOBE NEWSWIRE) — The “Electric Vehicle Virtual Prototyping Market – A Global and Regional Analysis: Focus on Product Type, Application Type, Deployment Type, and Region – Analysis and Forecast, 2019-2030” report has been added to ResearchAndMarkets.com’s offering.
The global electric vehicle virtual prototyping market is expected to reach $5,613.2 million by 2030, with a CAGR of 33.83% during the forecast period 2021-2030.
Market Segmentation
Regional Segmentation
Dominating Segment: North America
North America is currently the most advanced and competitive automotive market in terms of electric vehicle production and distribution. The presence of automotive giants such as Ford, Tesla, GM, and Fiat Chrysler are responsible for the cruising production of electric vehicles in the region. Companies created a forum where they could discuss, learn, and share with experts from all over the region as manufacturers increasingly focus on the exponential power of information and communication technologies (ICT) with its associated high-performance computing (HPC), machine learning, and Internet of Things (IoT).
Market Dynamics
Key Market Players and Competition Synopsis
Synopsys, Altair Engineering, Inc., Claytex Services Ltd, dSPACE GmbH, Elektrobit Automotive GmbH, EOMYS Engineering, ESI Group, Siemens, Waterloo Maple Inc., Autodesk Inc., Cadence Design Systems, Inc., ANSYS Inc., PTC Inc, Arm Ltd, and Dassault Systemes SE.
The companies profiled in the report have been selected post undergoing in-depth interviews with experts and understanding details around companies such as product portfolios, annual revenues, market penetration, research and development initiatives, and domestic and international presence in the electric vehicle virtual prototyping market.
Key Questions Answered in the Report
For more information about this report visit https://www.researchandmarkets.com/r/bqf3o9