Upcoming Allied Market Research
Hardware-in-the-loop Market

Hardware-In-The-Loop Market

Size, Share, Competitive Landscape and Trend Analysis Report by Type (Closed Loop HIL, Open Loop HIL) and by Application (Automotive, Aerospace and Defense, Power Electronics, Research and Education, Oil and Gas, Industrial Equipment, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A05654
Pages: NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.


Hardware-in-the-loop Market Outlook-2026

Hardware-in-the-loop (HIL) is a simulation system which is used in development and test of complex real-time embedded systems. Also, these systems provide simulation of the physical part of a machine or system. The machine or physical part of the system is connected with the control system, through actuators and sensors, where the simulation replicates the exact copy of actual hardware interconnection. Further, if the simulator is designed well, it accurately mimics the tasks and are widely used to test control system. Whereas, HIL testing is a process of signaling a controller that is connected to a test system to simulate reality and tricks the controller into thinking it is in the assembled product. With the help of HIL testing and design, development iteration can easily run through thousands of possible scenarios to properly exercise controller operations, as these simulations visualize the real-world system. These systems are widely used in automotive and aerospace applications which is propelling the growth of hardware-in-the-loop market. For example, airplanes, missiles, and unmanned aerial vehicles have sophisticated autopilots. A HIL device mimics autopilot embedded system into thinking that it is operating with real-world inputs and outputs, in real-time. In simple terms, the autopilot system is fooled into thinking that the aircraft is flying.

Modernization in vehicles with advance features such as Advanced Driver-Assistance Systems (ADAS), cameras, and radar rises the complexity associated with embedded control systems. In addition, this complexity is further heightened when one electronic control units (ECUs) in a vehicle equates to enormous number of signals that represents various functions and I/O types. To overcome this comprehensive test coverage challenge, HIL simulation and testing is used to reduce test overhead and catastrophic schedule impacts. These factors are expected to drive the growth of the market. However, reluctance to invest due to additional cost requirement for dedicated HIL hardware and software is a factor that hinders the hardware-in-the-loop market growth. Furthermore, high adoption in a wide range of applications such as power and industrial robotics, act as an opportunistic factor to propel growth of the market during the forecast period.

The global hardware-in-the-loop market is segmented into industry vertical and region. By industry vertical, it is classified into defense, aerospace, automotive, power electronics, research & education, and others. Region-wise, the global market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

This report provides profiles of the key players in the hardware-in-the-loop market analysis, which include dSPACE GmbH, Embraer S.A., Speedgoat GmbH, Typhoon Hil, Inc., IPG Automotive GmbH, Honda Aircraft Company, Siemens Plm Software, Inc., National Instruments Corp., Opal-RT Technologies, Inc., Aegis Technologies Group, Inc., and Robert Bosch Engineering and Business Solutions Pvt. Ltd.


  • The study provides an in-depth analysis of the global hardware-in-the-loop market share along with future estimations to elucidate the imminent investment pockets.
  • Information about key drivers, restraints, opportunities, current hardware-in-the-loop market trends and their impact analysis on the global market is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the hardware-in-the-loop industry.
  • The quantitative analysis of the market is provided to determine the hardware-in-the-loop market potential.

Hardware-In-The-Loop Market Report Highlights

Aspects Details
By Type
  • Closed Loop HIL
  • Open Loop HIL
By Application
  • Automotive
  • Aerospace and Defense
  • Power Electronics
  • Research and Education
  • Oil and Gas
  • Industrial Equipment
  • Others
By Region
  • North America  (U.S., Canada)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Typhoon Hil, Inc., Dspace GmbH, Speedgoat GmbH, Company 10, Opal-RT Technologies, Inc., Aegis Technologies Group, Inc., Robert Bosch Engineering And Business Solutions Pvt. Ltd., Ipg Automotive GmbH, Siemens Plm Software, Inc., National Instruments Corp

Loading Table Of Content...

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Hardware-in-the-loop Market

Start reading.
This Report and over 71,297+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise

  • $9,870
  • Unlimited
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports

Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of the scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save the time of readers