The global Power Electronics Hardware-in-the-Loop market was valued at US$ 817 million in 2022 and is projected to reach US$ 1,291 million by 2029, at a CAGR of 9.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Power Electronics Hardware-in-the-Loop market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Power Electronics Hardware-in-the-Loop market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Power Electronics Hardware-in-the-Loop market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Hardware-in-the-loop (HIL) technique is used to analyze complex real-time embedded systems. The HIL system provides an effective platform which for reduce the complexity of the plant and control the test platform. HIL technology offers high-quality output and reduces the cost involved and time needed. Hence, it is widely preferred in many applications such as power electronic, aerospace, automotive, and others.
This report aims to provide a comprehensive presentation of the global market for Power Electronics Hardware-in-the-Loop, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Electronics Hardware-in-the-Loop. This report contains market size and forecasts of Power Electronics Hardware-in-the-Loop in global, including the following market information:
- Global Power Electronics Hardware-in-the-Loop Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Closed Loop HIL Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Power Electronics Hardware-in-the-Loop include DSpace GmbH, National Instruments, Opal-RT Technologies, Typhoon HIL, Speedgoat GmbH and Modeling Tech, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Power Electronics Hardware-in-the-Loop companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Power Electronics Hardware-in-the-Loop Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Power Electronics Hardware-in-the-Loop Market Segment Percentages, by Type, 2022 (%)
- Closed Loop HIL
- Open Loop HIL
Global Power Electronics Hardware-in-the-Loop Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Power Electronics Hardware-in-the-Loop Market Segment Percentages, by Application, 2022 (%)
- Supergrid and Microgrid
- Solar Inverter
- Wind Inverter
- Other
Global Power Electronics Hardware-in-the-Loop Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Power Electronics Hardware-in-the-Loop Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Power Electronics Hardware-in-the-Loop revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Power Electronics Hardware-in-the-Loop revenues share in global market, 2022 (%)
key players include:
- DSpace GmbH
- National Instruments
- Opal-RT Technologies
- Typhoon HIL
- Speedgoat GmbH
- Modeling Tech
Outline of Major Chapters:
Chapter 1: Introduces the definition of Power Electronics Hardware-in-the-Loop, market overview.
Chapter 2: Global Power Electronics Hardware-in-the-Loop market size in revenue.
Chapter 3: Detailed analysis of Power Electronics Hardware-in-the-Loop company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments
by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments
by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Power Electronics Hardware-in-the-Loop in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Power Electronics Hardware-in-the-Loop Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Power Electronics Hardware-in-the-Loop Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Power Electronics Hardware-in-the-Loop Overall Market Size
2.1 Global Power Electronics Hardware-in-the-Loop Market Size: 2022 VS 2030
2.2 Global Power Electronics Hardware-in-the-Loop Market Size, Prospects & Forecasts: 2018-2030
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Power Electronics Hardware-in-the-Loop Players in Global Market
3.2 Top Global Power Electronics Hardware-in-the-Loop Companies Ranked by Revenue
3.3 Global Power Electronics Hardware-in-the-Loop Revenue by Companies
3.4 Top 3 and Top 5 Power Electronics Hardware-in-the-Loop Companies in Global Market, by Revenue in 2022
3.5 Global Companies Power Electronics Hardware-in-the-Loop Product Type
3.6 Tier 1, Tier 2 and Tier 3 Power Electronics Hardware-in-the-Loop Players in Global Market
3.6.1 List of Global Tier 1 Power Electronics Hardware-in-the-Loop Companies
3.6.2 List of Global Tier 2 and Tier 3 Power Electronics Hardware-in-the-Loop Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Power Electronics Hardware-in-the-Loop Market Size Markets, 2022 & 2030
4.1.2 Closed Loop HIL
4.1.3 Open Loop HIL
4.2 By Type - Global Power Electronics Hardware-in-the-Loop Revenue & Forecasts
4.2.1 By Type - Global Power Electronics Hardware-in-the-Loop Revenue, 2018-2023
4.2.2 By Type - Global Power Electronics Hardware-in-the-Loop Revenue, 2024-2030
4.2.3 By Type - Global Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Power Electronics Hardware-in-the-Loop Market Size, 2022 & 2030
5.1.2 Supergrid and Microgrid
5.1.3 Solar Inverter
5.1.4 Wind Inverter
5.1.5 Other
5.2 By Application - Global Power Electronics Hardware-in-the-Loop Revenue & Forecasts
5.2.1 By Application - Global Power Electronics Hardware-in-the-Loop Revenue, 2018-2023
5.2.2 By Application - Global Power Electronics Hardware-in-the-Loop Revenue, 2024-2030
5.2.3 By Application - Global Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
6 Sights by Region
6.1 By Region - Global Power Electronics Hardware-in-the-Loop Market Size, 2022 & 2030
6.2 By Region - Global Power Electronics Hardware-in-the-Loop Revenue & Forecasts
6.2.1 By Region - Global Power Electronics Hardware-in-the-Loop Revenue, 2018-2023
6.2.2 By Region - Global Power Electronics Hardware-in-the-Loop Revenue, 2024-2030
6.2.3 By Region - Global Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
6.3 North America
6.3.1 By Country - North America Power Electronics Hardware-in-the-Loop Revenue, 2018-2030
6.3.2 US Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.3.3 Canada Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.3.4 Mexico Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.4 Europe
6.4.1 By Country - Europe Power Electronics Hardware-in-the-Loop Revenue, 2018-2030
6.4.2 Germany Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.4.3 France Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.4.4 U.K. Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.4.5 Italy Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.4.6 Russia Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.4.7 Nordic Countries Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.4.8 Benelux Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.5 Asia
6.5.1 By Region - Asia Power Electronics Hardware-in-the-Loop Revenue, 2018-2030
6.5.2 China Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.5.3 Japan Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.5.4 South Korea Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.5.5 Southeast Asia Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.5.6 India Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.6 South America
6.6.1 By Country - South America Power Electronics Hardware-in-the-Loop Revenue, 2018-2030
6.6.2 Brazil Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.6.3 Argentina Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Power Electronics Hardware-in-the-Loop Revenue, 2018-2030
6.7.2 Turkey Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.7.3 Israel Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.7.4 Saudi Arabia Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
6.7.5 UAE Power Electronics Hardware-in-the-Loop Market Size, 2018-2030
7 Power Electronics Hardware-in-the-Loop Companies Profiles
7.1 DSpace GmbH
7.1.1 DSpace GmbH Company Summary
7.1.2 DSpace GmbH Business Overview
7.1.3 DSpace GmbH Power Electronics Hardware-in-the-Loop Major Product Offerings
7.1.4 DSpace GmbH Power Electronics Hardware-in-the-Loop Revenue in Global Market (2018-2023)
7.1.5 DSpace GmbH Key News & Latest Developments
7.2 National Instruments
7.2.1 National Instruments Company Summary
7.2.2 National Instruments Business Overview
7.2.3 National Instruments Power Electronics Hardware-in-the-Loop Major Product Offerings
7.2.4 National Instruments Power Electronics Hardware-in-the-Loop Revenue in Global Market (2018-2023)
7.2.5 National Instruments Key News & Latest Developments
7.3 Opal-RT Technologies
7.3.1 Opal-RT Technologies Company Summary
7.3.2 Opal-RT Technologies Business Overview
7.3.3 Opal-RT Technologies Power Electronics Hardware-in-the-Loop Major Product Offerings
7.3.4 Opal-RT Technologies Power Electronics Hardware-in-the-Loop Revenue in Global Market (2018-2023)
7.3.5 Opal-RT Technologies Key News & Latest Developments
7.4 Typhoon HIL
7.4.1 Typhoon HIL Company Summary
7.4.2 Typhoon HIL Business Overview
7.4.3 Typhoon HIL Power Electronics Hardware-in-the-Loop Major Product Offerings
7.4.4 Typhoon HIL Power Electronics Hardware-in-the-Loop Revenue in Global Market (2018-2023)
7.4.5 Typhoon HIL Key News & Latest Developments
7.5 Speedgoat GmbH
7.5.1 Speedgoat GmbH Company Summary
7.5.2 Speedgoat GmbH Business Overview
7.5.3 Speedgoat GmbH Power Electronics Hardware-in-the-Loop Major Product Offerings
7.5.4 Speedgoat GmbH Power Electronics Hardware-in-the-Loop Revenue in Global Market (2018-2023)
7.5.5 Speedgoat GmbH Key News & Latest Developments
7.6 Modeling Tech
7.6.1 Modeling Tech Company Summary
7.6.2 Modeling Tech Business Overview
7.6.3 Modeling Tech Power Electronics Hardware-in-the-Loop Major Product Offerings
7.6.4 Modeling Tech Power Electronics Hardware-in-the-Loop Revenue in Global Market (2018-2023)
7.6.5 Modeling Tech Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Power Electronics Hardware-in-the-Loop Market Opportunities & Trends in Global Market
Table 2. Power Electronics Hardware-in-the-Loop Market Drivers in Global Market
Table 3. Power Electronics Hardware-in-the-Loop Market Restraints in Global Market
Table 4. Key Players of Power Electronics Hardware-in-the-Loop in Global Market
Table 5. Top Power Electronics Hardware-in-the-Loop Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Power Electronics Hardware-in-the-Loop Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Power Electronics Hardware-in-the-Loop Revenue Share by Companies, 2018-2023
Table 8. Global Companies Power Electronics Hardware-in-the-Loop Product Type
Table 9. List of Global Tier 1 Power Electronics Hardware-in-the-Loop Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Power Electronics Hardware-in-the-Loop Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2022 & 2030
Table 12. By Type - Power Electronics Hardware-in-the-Loop Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Power Electronics Hardware-in-the-Loop Revenue in Global (US$, Mn), 2024-2030
Table 14. By Application ? Global Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2022 & 2030
Table 15. By Application - Power Electronics Hardware-in-the-Loop Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Power Electronics Hardware-in-the-Loop Revenue in Global (US$, Mn), 2024-2030
Table 17. By Region ? Global Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2022 & 2030
Table 18. By Region - Global Power Electronics Hardware-in-the-Loop Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Power Electronics Hardware-in-the-Loop Revenue (US$, Mn), 2024-2030
Table 20. By Country - North America Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2024-2030
Table 22. By Country - Europe Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2024-2030
Table 24. By Region - Asia Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2024-2030
Table 26. By Country - South America Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2024-2030
Table 28. By Country - Middle East & Africa Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2024-2030
Table 30. DSpace GmbH Company Summary
Table 31. DSpace GmbH Power Electronics Hardware-in-the-Loop Product Offerings
Table 32. DSpace GmbH Power Electronics Hardware-in-the-Loop Revenue (US$, Mn) & (2018-2023)
Table 33. DSpace GmbH Key News & Latest Developments
Table 34. National Instruments Company Summary
Table 35. National Instruments Power Electronics Hardware-in-the-Loop Product Offerings
Table 36. National Instruments Power Electronics Hardware-in-the-Loop Revenue (US$, Mn) & (2018-2023)
Table 37. National Instruments Key News & Latest Developments
Table 38. Opal-RT Technologies Company Summary
Table 39. Opal-RT Technologies Power Electronics Hardware-in-the-Loop Product Offerings
Table 40. Opal-RT Technologies Power Electronics Hardware-in-the-Loop Revenue (US$, Mn) & (2018-2023)
Table 41. Opal-RT Technologies Key News & Latest Developments
Table 42. Typhoon HIL Company Summary
Table 43. Typhoon HIL Power Electronics Hardware-in-the-Loop Product Offerings
Table 44. Typhoon HIL Power Electronics Hardware-in-the-Loop Revenue (US$, Mn) & (2018-2023)
Table 45. Typhoon HIL Key News & Latest Developments
Table 46. Speedgoat GmbH Company Summary
Table 47. Speedgoat GmbH Power Electronics Hardware-in-the-Loop Product Offerings
Table 48. Speedgoat GmbH Power Electronics Hardware-in-the-Loop Revenue (US$, Mn) & (2018-2023)
Table 49. Speedgoat GmbH Key News & Latest Developments
Table 50. Modeling Tech Company Summary
Table 51. Modeling Tech Power Electronics Hardware-in-the-Loop Product Offerings
Table 52. Modeling Tech Power Electronics Hardware-in-the-Loop Revenue (US$, Mn) & (2018-2023)
Table 53. Modeling Tech Key News & Latest Developments
List of Figures
Figure 1. Power Electronics Hardware-in-the-Loop Segment by Type in 2022
Figure 2. Power Electronics Hardware-in-the-Loop Segment by Application in 2022
Figure 3. Global Power Electronics Hardware-in-the-Loop Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Power Electronics Hardware-in-the-Loop Market Size: 2022 VS 2030 (US$, Mn)
Figure 6. Global Power Electronics Hardware-in-the-Loop Revenue, 2018-2030 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Power Electronics Hardware-in-the-Loop Revenue in 2022
Figure 8. By Type - Global Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
Figure 9. By Application - Global Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
Figure 10. By Type - Global Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2022 & 2030
Figure 11. By Type - Global Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
Figure 12. By Application - Global Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2022 & 2030
Figure 13. By Application - Global Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
Figure 14. By Region - Global Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
Figure 15. By Country - North America Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
Figure 16. US Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 17. Canada Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 18. Mexico Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 19. By Country - Europe Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
Figure 20. Germany Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 21. France Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 22. U.K. Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 23. Italy Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 24. Russia Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 25. Nordic Countries Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 26. Benelux Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 27. By Region - Asia Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
Figure 28. China Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 29. Japan Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 30. South Korea Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 31. Southeast Asia Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 32. India Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 33. By Country - South America Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
Figure 34. Brazil Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 35. Argentina Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 36. By Country - Middle East & Africa Power Electronics Hardware-in-the-Loop Revenue Market Share, 2018-2030
Figure 37. Turkey Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 38. Israel Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 39. Saudi Arabia Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 40. UAE Power Electronics Hardware-in-the-Loop Revenue, (US$, Mn), 2018-2030
Figure 41. DSpace GmbH Power Electronics Hardware-in-the-Loop Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. National Instruments Power Electronics Hardware-in-the-Loop Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Opal-RT Technologies Power Electronics Hardware-in-the-Loop Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Typhoon HIL Power Electronics Hardware-in-the-Loop Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Speedgoat GmbH Power Electronics Hardware-in-the-Loop Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Modeling Tech Power Electronics Hardware-in-the-Loop Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
