Global Hardware in the Loop market will reach 1008 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/9/12

The global hardware in the loop market is expected to grow substantially owing to its unique features to help with testing and development by adding mathematical representation of all related dynamic systems. This method is efficient as it has a higher-burden rate, enhanced quality of testing, tight development schedules, and early process human factor development. This simulation systems is used in automotive systems, radars, robotics, power systems, and offshore systems.

It is increasingly being used for development and test of complex real-time embedded systems, which is expected to contribute to the future growth of the global hardware in the loop market.

The global hardware in the loop market is expected to reach US$1008 mn in 2025, from US$653 mn in 2018, with a rising CAGR of 6.4% during 2019 to 2025.

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