Automotive Crash Impact Simulator (ACIS) Market Analysis Europe, North America, APAC, South America, Middle East and Africa - US, Germany, China, UK, Japan - Size and Forecast 2024-2028

Automotive Crash Impact Simulator Market Size 2024-2028

The automotive crash impact simulator (ACIS) market size is forecast to increase by USD 741.5 million at a CAGR of 11.63% between 2023 and 2028.

• The market is driven by the increasing need for crash and safety testing to ensure vehicle compliance with regulations and consumer safety requirements. A key trend In the market is the utilization of parallelism in virtual crash testing, which allows for more efficient and accurate simulation of crashes. However, the decline in automotive production due to the global semiconductor chip shortage poses a significant challenge to market growth. Road safety concerns, particularly in urban areas, are driving the need for ACIS In the development of shared mobility solutions. These factors, among others, are analyzed in detail In the market trends and analysis report. The report provides insights into the market size, growth potential, and key drivers and challenges shaping the future of the ACIS market.

What will be the Size of the Automotive Crash Impact Simulator (ACIS) Market During the Forecast Period?

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• The market is experiencing significant growth due to the increasing prioritization of safety In the automotive industry. Eco-friendly technology incorporation, including the use of artificial intelligence and machine learning, is driving innovation in ACIS solutions. These advanced technologies enable more accurate and efficient simulations, reducing the need for physical crash tests and lowering environmental impact. Original Equipment Manufacturers (OEMs) and suppliers are investing heavily in ACIS to develop and improve safety features, such as adaptive cruise control, lane departure warning, and tire-pressure monitoring systems. Consumer purchasing power and demand for advanced safety technologies continue to fuel market expansion.
• Moreover, the motorcycle industry is also adopting ACIS for the development of active safety systems, addressing the unique challenges of two-wheeled vehicles. Supply chain disruptions and increasing competition from emerging markets may pose challenges to the ACIS market. However, the integration of blockchain technology and other advanced safety features, such as human error mitigation and rear-end collision prevention, are expected to mitigate these challenges and further boost market growth. The incorporation of health and wellness features in vehicles, including electric motorcycles, is also contributing to the growth of the ACIS market, as OEMs strive to create safer and more comfortable driving experiences for consumers.

How is this Automotive Crash Impact Simulator (ACIS) Industry segmented and which is the largest segment?

The automotive crash impact simulator (ACIS) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• Product Type
  • Internal combustion engine (ICE) vehicle
  • Electric vehicle (EV)
  • Autonomous vehicles
• Deployment
  • On-premises
  • SaaS-based
• Geography
  • Europe
    • Germany
    • UK
  • North America
    • US
  • APAC
    • China
    • Japan
  • South America
  • Middle East and Africa

By Product Type Insights

• The internal combustion engine (ICE) vehicle segment is estimated to witness significant growth during the forecast period.

The International Combustion Engine (ICE) vehicle market continues to evolve due to technological advancements driven by emission regulations, fuel efficiency standards, and safety requirements. ICE vehicles account for the largest share of the automotive industry, with 61.6 million passenger cars manufactured worldwide in 2022, according to the Organisation Internationale des Constructeurs d'Automobiles (OICA). Asia Pacific is the leading region for passenger car sales and production. Technological innovations include improvements in vehicle operations, such as speedometer, tachometer, fuel gauge, climate control, engine temperature gauge, indicator lights, and convenience features. ICE vehicles in electric vehicles (EVs) are also gaining popularity due to their contribution to cabin comfort and reduced carbon dioxide emissions. The market is expected to grow as consumers prioritize vehicle efficiency, safety, and eco-friendliness.

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The internal combustion engine (ICE) vehicle segment was valued at USD 270.70 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

• Europe is estimated to contribute 33% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The European market is a significant contributor to the global Automotive Crash Impact Simulator (ACIS) industry, with major Original Equipment Manufacturers (OEMs) such as Volkswagenwerk GmbH, Mercedes-Benz Group AG, and Bayerische Motoren Werke AG based in Europe. Stringent safety regulations In the EU necessitate advanced vehicle testing, making the region an attractive market for ACIS. European consumers prioritize safety in addition to comfort and aesthetics when purchasing vehicles, leading to increased demand for ACIS. Furthermore, the growing popularity of sport utility vehicles (SUVs) in Europe adds to the market's potential. The European automotive industry's focus on innovation, technology incorporation through artificial intelligence and machine learning, eco-friendly practices, and potential blockchain implementation further strengthens the market's growth prospects.

Market Dynamics

Our automotive crash impact simulator (ACIS) market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise In the adoption of Automotive Crash Impact Simulator (ACIS) Industry?

Need for crash and safety testing is the key driver of the market.

• The market is witnessing significant growth due to the increasing focus on eco-friendly technology incorporation and safety in the automotive industry. With the development of advanced safety technologies such as adaptive cruise control, lane departure warning, night vision system, driver monitoring, antilock braking system, blind spot detection, and tire-pressure monitoring system, the need for accurate simulation testing has become crucial. ACIS plays a vital role in ensuring vehicle safety features are effective in various scenarios, including rear-end collisions and urban mobility. The market caters to various vehicle types, including passenger cars, light commercial vehicles, heavy commercial vehicles, buses & coaches, and propulsion types, such as internal combustion engines and electric vehicles.
• Moreover, original equipment manufacturers (OEMs) invest heavily in ACIS to meet emission regulations and consumer purchasing power. The market is also influenced by the increasing popularity of electric motorcycles and shared mobility services. The integration of artificial intelligence (AI) and machine learning (ML) in ACIS is a significant trend, allowing for more precise simulations and customization. The ACIS market is not limited to vehicle safety but also includes vehicle operations and convenience features such as speedometer, tachometer, fuel gauge, climate control, engine temperature gauge, indicator lights, electric windows, rotary switch, roof control, touchpad, and infotainment services. Additionally, the market is exploring new technologies like blockchain, which can enhance data security and transparency in the supply chain.

What are the market trends shaping the Automotive Crash Impact Simulator (ACIS) Industry?

Utilizing parallelism in virtual crash testing is the upcoming market trend.

• In the automotive industry, original equipment manufacturers (OEMs) are continuously seeking ways to reduce time-to-market (TTM) and prototyping costs for new vehicle models. To address this challenge, Altair Engineering Inc. and Intel Corp. have collaborated to develop an advanced automotive crash impact simulator (ACIS) using massive parallel programming and a message-passing interface (MPI) communication library. This technology incorporates artificial intelligence (AI) and machine learning (ML) algorithms for simulation, enabling eco-friendly virtual crash testing with significant time savings. The ACIS platform utilizes sensor types such as camera, radar, and lidar sensors to simulate various vehicle types, including passenger cars, light commercial vehicles, heavy commercial vehicles, buses & coaches, and even electric motorcycles.
• Moreover, advanced safety technologies like adaptive cruise control, lane departure warning, night vision system, driver monitoring, antilock braking system, blind spot detection, and tire-pressure monitoring systems are integrated into the simulation. This technology caters to the growing demand for electric vehicles and shared mobility services, as well as the increasing importance of safety features like human error mitigation, urban mobility, and road safety. The ACIS platform also supports various propulsion types, including internal combustion engines and electric vehicles, and offers customization options for vehicle ownership, vehicle operations, and convenience features. This technological innovation is essential for OEMs as they navigate the complexities of supply chain disruptions, health and wellness concerns, emission regulations, and the integration of various electronics and communications systems.

What challenges does the Automotive Crash Impact Simulator (ACIS) Industry face during its growth?

Decline in automotive production due to global semiconductor chip shortage is a key challenge affecting the industry growth.

• The global automotive industry is experiencing significant disruptions due to the semiconductor chip shortage, causing production halts and reduced sales for Original Equipment Manufacturers (OEMs). For instance, Ford lost approximately USD 3.1 billion in April 2022 due to the shortage, resulting in a 40% reduction of planned production for certain models. Renault Group announced producing 300,000 fewer cars in 2022 due to the same issue. These challenges underscore the impact of supply chain disruptions on automotive operations. Eco-friendly technology incorporation, such as electric motorcycles and advanced safety technologies like Adaptive Cruise Control, Lane Departure Warning, and Night Vision System, are gaining popularity.
• Furthermore, consumer purchasing power and urban mobility trends, including shared mobility and vehicle electrification, are driving demand for these features. Artificial intelligence (AI) and machine learning are increasingly being used in vehicle safety systems, such as driver monitoring and blind spot detection, to reduce human error and enhance road safety. Blockchain technology is also being explored for its potential to improve vehicle ownership and vehicle operations, including speedometer, tachometer, fuel gauge, climate control, and engine temperature gauge data. The market is witnessing significant growth due to the increasing emphasis on vehicle safety features. Sensor types, including camera sensors, radar sensors, and lidar sensors, are integral to ACIS technology.

Exclusive Customer Landscape

The automotive crash impact simulator (ACIS) market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the automotive crash impact simulator (ACIS) market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, automotive crash impact simulator (ACIS) market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Altair Engineering Inc.
• ANSYS Inc.
• AV Simulation
• Cruden
• Dassault Systemes SE
• DVExperts International Pty Ltd.
• Encocam Ltd.
• Enteknograte
• Equilibrium Solutions Pvt. Ltd
• ESI Group SA
• Hexagon AB
• Humanetics Innovative Solutions Inc.
• Illinois Tool Works Inc.
• Siemens AG
• SimDes
• TECOSIM Group GmbH
• TransDigm Group Inc.
• TUV SUD AG
• VI grade GmbH
• Virtual CRASH LLC

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Research Analyst Overview

The market encompasses a range of advanced technologies designed to enhance vehicle safety. These systems utilize various sensors, including camera, radar, and lidar, to analyze collision risks and activate safety features in real-time. The integration of technology such as artificial intelligence (AI) and machine learning (ML) algorithms enables these simulators to adapt and learn from various driving scenarios, improving overall safety performance. The automotive industry's focus on safety continues to be a significant market driver, with consumer purchasing power playing a crucial role in shaping market dynamics. Original equipment manufacturers (OEMs) are increasingly investing in ACIS technology to meet evolving safety regulations and consumer demands.

However, the market is not without challenges. Supply chain disruptions and the rising cost of raw materials, such as plastics and metals, can impact the affordability of these advanced safety technologies. Additionally, the integration of eco-friendly technologies, such as electric vehicles (EVs) and solar sunroofs, adds complexity to the manufacturing process and increases costs. The motorcycle industry is also adopting ACIS technology, with a focus on active safety systems and customization. Electric motorcycles are gaining popularity, and the integration of sensors and advanced safety features is becoming increasingly important. The incorporation of health and wellness features in vehicles is another emerging trend.

Furthermore, these features include climate control, cabin comfort, and convenience items such as touch screens and interior amenities. The integration of these features can enhance the overall driving experience and contribute to the growing demand for ACIS technology. The adoption of advanced safety technologies, such as adaptive cruise control, lane departure warning, night vision systems, driver monitoring, antilock braking systems, blind spot detection, and tire-pressure monitoring systems, is transforming the automotive landscape. These technologies not only improve safety but also contribute to urban mobility and reduce the impact of human error on road safety. The ACIS market is also witnessing the integration of sensor types, including camera sensors, radar sensors, and lidar sensors, to provide a more comprehensive analysis of driving conditions.

Moreover, the use of these sensors enables vehicles to detect and respond to various hazards, enhancing overall safety performance. The market for ACIS technology is diverse, with applications ranging from passenger cars and light commercial vehicles to heavy commercial vehicles, buses & coaches, and various propulsion types, including internal combustion engines and electric vehicles. The integration of these technologies is essential for reducing carbon dioxide emissions and improving vehicle safety and efficiency. The role of vehicle ownership and operations In the ACIS market is significant, with speedometers, tachometers, fuel gauges, engine temperature gauges, indicator lights, and mechanical control panels all playing a crucial role in optimizing vehicle performance and safety.

In addition, the integration of infotainment services, engine management, multimedia systems, electronics and communications, and vehicle electrification is also essential for enhancing the overall driving experience and contributing to the growth of the ACIS market. Therefore, the market is a dynamic and evolving industry, driven by a focus on safety, consumer demands, and technological innovation. The integration of various sensors, eco-friendly technologies, health and wellness features, and advanced safety technologies is transforming the automotive landscape and contributing to the growth of the ACIS market. Despite challenges such as supply chain disruptions and rising costs, the future of the ACIS market looks promising, with continued investment in research and development and a focus on enhancing vehicle safety and efficiency.

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What are the Key Data Covered in this Automotive Crash Impact Simulator (Acis) Market Research and Growth Report?

• CAGR of the Automotive Crash Impact Simulator (Acis) industry during the forecast period
• Detailed information on factors that will drive the Automotive Crash Impact Simulator (Acis) growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
• Accurate predictions about upcoming growth and trends and changes in consumer behaviour
• Growth of the market across Europe, North America, APAC, South America, and Middle East and Africa
• Thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the automotive crash impact simulator (acis) market growth of industry companies

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