Hardware-in-the-Loop Market Analysis

The global hardware-in-the-loop market is segmented by application into defense, automotive, electronics, research & education, and others. Out of these, the automotive segment is anticipated to hold the notable share over the forecast period on account of increasing sales of cars, combined with the growing demand for semi-autonomous vehicles. According to the data by the International Energy Agency, more than 88 million cars were sold in 2019, globally. 

Our in-depth analysis of the global market includes the following segments