Model-based Development (MBD) is a mathematical and visual approach to solving design issues in complex signal processing, control, and communication systems. It is utilized in numerous automotive, aerospace, industrial, and motion control applications. Embedded software is designed using an approach called model-based design. Complexity of modern automotive software demands development methodologies that save time and ensure reliability. Model-based development enables a design flow described by the V-diagram. At each stage of the process, models of appropriate abstraction for that phase are used to represent system components and to simulate the design. These models can initially be high abstraction, modeling macro behavior for the purpose of general concept and conceptual architecture exploration. But under different design phases where more specific questions are being asked, the models can become more detailed as the design under study becomes more finalized until the entire system is rendered in models of appropriate accuracy to validate the design for production.
Highlights from Model Based Development in Automotive Market Study
|Value (USD Million)
The key Players profiled in the report are Autodesk (United States), SAP (Germany), Siemens (Germany), Dassault Systmes (France), Embitel Technologies (United States), Altair (United States), Ansys Inc. (United States), NXP (Netherlands), Capvidia (United States) and Anark Corp. (United States). Additionally, other players that are part of this comprehensive study are MathWorks (United States), dSPACE (Germany), ETAS (Germany) and Zuken (Japan).
Geographic Breakdown and Segment Analysis
The Global Model Based Development in Automotive market presents a comprehensive analysis of the Model Based Development in Automotive market by end-user/application (Automotive, Motor & Controllers and IT Sector), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Model Based Development in Automotive industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the holds majority of market share of the Model Based Development in Automotive market
Analyst at AMA have segmented the market study of Global Model Based Development in Automotive market by Type, Application and Region.
Influencing Trend:Technological Penetration and Uses of Artificial Intelligence in Model Based Development in Automotive and Uses of Advance Algorithms and Data Analytics in Model Based Development in Automotive
Market Growth Drivers:Rising Demand In Automotive Industry For Signal Processing And Communication Systems and Surge in Demand In Designing Complex Control Systems In Automotive Industry
Challenges:Lack of a unique, widely accepted integrated approach to MBD and Lack of Skilled Professionals for Model Based Development in Automotive
Restraints:High Cost Associated with Model Based Development in Automotive
Opportunities:Continuous Growth in Automotive Industry and Rise in Growth in Information Technology Infrastructure
On 20 September 2021, MathWorks unveiled Release 2022b (R2022b) of the MATLAB and Simulink product families. R2022b introduces two new products and several enhanced features that simplify and automate Model-Based Design for engineers and researchers tasked with delivering product innovations and breakthroughs for their organizations.
The market for Model Based Development in Automotive is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as Service innovation and using various marketing strategies to gain a higher market share.
Key Target AudienceModel Based Development in Automotive Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others