Digital Twin in Automotive Market Size - By Deployment Mode, By Vehicle, By Technology, By End Use, By Application, Growth Forecast, 2025 - 2034

Digital Twin in Automotive Market Size

The global digital twin in automotive market size was estimated at USD 2.1 billion in 2024. The market is expected to grow from USD 2.7 billion in 2025 to USD 28.7 billion in 2034, at a CAGR of 30.1%, according to Global Market Insights Inc.

• Automotive manufacturers use digital twins to simulate changes in schedules affected by the generation of a new car model. Process control and efficient resource management can minimize disruptions and optimize manufacturing capacity. Manufacturers also use digital twinning to deploy workforce training and guide critical tasks (component design and product assembly).
   
• For instance, in October 2024, Ola Electric introduced the Ola Digital Twin platform to enhance its manufacturing and product development. Using NVIDIA Omniverse, Krutrim AI, and other advanced technologies, the platform enables faster equipment layout optimization and autonomous robot training.
   
• The increasing digitalization and continuous transformation of the automotive industry due to the growing adoption of IoT/IIoT and Industry 4.0 are driving the growth of the digital twin market in the automotive sector. The automotive sector is evolving from hardware-driven machines to software-driven electronics, resulting in huge chunks of data from the increasing number of autonomous vehicles. The digital twin of these automotive vehicles will use large volumes of data, diagnosing the fault beforehand with the help of data analytics, ML, and AI to avoid vehicle breakdowns mid-way.
   
• Companies operating in the digital twin in automotive market are engaged in various inorganic growth strategies such as partnership, mergers and acquisitions, and new product launches to stay competitive in the market. For instance, in October 2022, Capgemini partnered with Microsoft to deliver ReflectIoD, the first-ever, cloud-native & serverless Azure-based digital twin platform. This secure & highly scalable platform leverages architecture & technological components from the Azure suite to transform an organization’s operations and maintain efficiency, enabling intelligent industry and driving sustainable business values
   
• The digital twin of the parts/system of the vehicle will enhance designing, performance, and efficiency of vehicles with the help of advanced technologies. For instance, the digital twin of a designed car engine with electronic control mechanisms can be probed to evaluate if a slight boost to the engine’s performance will serve the drivers’ requirements. If the evaluation is successful, an Over-The-Air (OTA) update to the engine control software can trigger the new operational envelope for the engine. This service could potentially be monetized by the auto manufacturer.
   
• The early availability & adoption of new technologies has contributed to North America market growth in the recent years. The presence of prominent technology and automation players in the region is proliferating the growth of the digital twin in automotive market. Technology and innovation-based development of smart factories is noted in the US. The rapid adoption of IoT/IIoT in automotive sector due to the rising internet penetration, availability of cheap IoT sensors, and proliferation of smart connected devices. The presence of developed IT infrastructure and supportive government initiatives to support the advent of Industry 4.0 in the region is contributing to the digital twin in automotive market growth.
   
• The presence of countries including China and Japan in the Asia Pacific region significantly contributed to the digital twin in automotive market due to the active and ever-growing manufacturing sector in these countries. The prominent players in automotive, manufacturing and engineering sectors are growingly adopting the industry 4.0 including digital twin for factory automation and smart supply chain.
   

Digital Twin in Automotive Market Trends

• The advent of Industry 4.0 is supporting the adoption of the advanced digital twin solutions to improve the manufacturing processes. The growing proliferation of IoT devices across the automotive manufacturing facilities is another factor supporting the market growth.
   
• The increasing demand for optimizing the processes, cost-efficient operations, and reducing the Time to Market (TTM) is fueling the digital twin in automotive market. The rising digitalization in the automotive sector is boosting the demand for digital twin solutions, reducing the operational cost and increasing the process efficiency.
   
• The continuously rising adoption of the IoT empowered & backed by 3D simulation, deep learning, Artificial Intelligence (AI), and big data analytics will help in the cost-effective implementation of digital twin in automotive sector.
   
• With advanced visualization, IoT, and analytics being applied to enterprise assets manufacturers take a more holistic and strategic approach for asset management. This will provide the automotive manufacturing sector with enormous opportunities for manufacturers including design customization, engineering, operations, and production.
   
• The rising internet penetration coupled with the proliferation of smartphones and the advent of technologies such as AI, machine learning, and blockchain is driving the growth of the IoT in automotive manufacturing sectors. The automotive sector is growingly adopting Industrial IoT with the digital twin technology to design complex architecture as well as learn from the historical data through AI and machine learning to avoid the drawbacks of previous models. This helps the automotive manufacturing sector to improve operational efficiency and increase their revenue generation.
   
• There has been an increase in the adoption of industrial robots with the emergence of the Industry 4.0. According to the International Federation of Robotics statistics, in 2024, there were around 541,00 industrial robot installations annually. Considering the growing adoption of advanced equipment, the need to monitor and optimize industrial outputs is expected to spur the demand for digital twins into automotive solutions.
   

Digital Twin in Automotive Market Analysis

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Based on application, the digital twin in automotive market is divided into product design and development, machine and equipment health monitoring, and process support and service. The product design and development segment dominated the market accounting for around 44% in 2024 and is expected to grow at a CAGR of over 29% from 2025 to 2034.
 

• With digital twins, automotive OEMs can test, refine, and simulate automobile parts virtually prior to physical manufacturing. This decreases the length of design cycles and prototyping expenses and enables the fast cycle of time-complex elements of the product like EV batteries, aerodynamics, and chassis systems, making that product more diverse and hastening the time-to-market.
   
• The merger of digital twin simulations and generative design algorithms can allow manufacturers to develop high-performance, cost-efficient, and sustainable, lightweight, and strong automotive components. This practice promotes new designs of EVs and automated vehicles to provide exceptional safety and emissions in a manner that does not cause waste of material and produce inefficiency in production.
   
• Using the digital twins enabled by the cloud, a global engineering team can collaborate in real-time on the same virtual vehicle model. This promotes cross-border cooperation, maintains the consistency of designs throughout the process, and enhances the speed of innovation among multinational OEMs, which produce vehicles targeted toward multiple markets with different regulatory and customer needs.
   
• Early in the design stage, digital twins enable in real-time stress testing, thermal analysis, and crash simulation within a design. This proactive method assists in spotting loopholes before physical output with the purpose to lessen exorbitant recalls, increasing safety levels, and raising brand reputation in an arena of high competition automobile industry.
   
• Digital twins mimic the performance of factory equipment, which enables manufacturers to track the real-time health of the machines and anticipate failures even before they happen. With the usage of IoT sensors and AI-based analytics, plants have the potential to perform maintenance during a favorable period, avoiding unforeseen plant stoppage and stretching the lifecycle of assets and ensuring stable and consistent production quality of popular vehicle models.
   

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Based on vehicle, the digital twin in automotive market is segmented into passenger car and commercial vehicle. The passenger car segment dominates the market with 70% share in 2024, and the segment is expected to grow at a CAGR of over 29% from 2025 to 2034.
 

• Digital twins are used to predict battery behavior over various driving and environmental conditions with the aim of optimizing energy density, thermal management and charging. That will guarantee May more battery life, a longer range, and safer exposure when it comes to passenger battery EVs and increases adoption as more nations mandate and consumers wish to implement arrangements to reduce emissions and move forward with sustainable mobility services.
   
• Digital twins offer a quick way to test and validate ADAS features, such as lane-keeping, adaptive cruise control, and collision avoidance through simulated conditions in real-world driving environments. This lessens the physical road-testing needs, speeds up feature delivery and guarantees compliances with emerging safety regulations on passenger cars in international markets.
   
• Digital twins have been used to help OEMs model airflow, acoustics and ergonomics within passenger vehicles, so new models can be designed with levels of comfort, noise levels, and placement of infotainment improved. It creates more individual and consumer-friendly interiors, in accordance with the desire of consumers to high-quality connected driving experiences.
   
• Digital twins can provide perpetual tracking of performance over the lifecycle of a vehicle based on connected vehicle data. This sustains service, software updates, feature enhancements, raises resale and customer loyalty and presents OEMs with helpful post-sale operational data.
   
• Using digital twins, vehicle performance could be simulated to accept different payloads, drive routes, and driving profiles that allowed the fleet operators to decrease fuel used, lessen maintenance expenses, and optimal planning. This technology helps in the conversion to electric or hydrogen powered commercial vehicles through the modeling of the range and charging requirements and overall cost of ownership prior to deployment.
   

Based on technology, the digital twin in automotive market is segmented into system digital twin, product digital twin, and process digital twin. System digital twins dominate the market as it allows automakers to virtually replicate and analyze the interactions between powertrain, electronics, chassis, and thermal systems in a unified environment. This holistic approach helps identify design conflicts early, optimize performance parameters, and reduce costly rework, ultimately accelerating development timelines and improving overall vehicle reliability.
 

• Simulation with system digital twins allows the entire vehicle systems to be simulated in real-time including powertrain, chassis, electronics. This enables OEMs to ascertain interdependencies, optimize performance, and have fewer integration uncertainties prior to actual prototyping which, in turn, translates to shorter development cycles and more reliable systems in general.
   
• System digital twins offer a low-cost and safe means to test autonomous driving algorithms, as the full-vehicle system, which consists of sensor systems, its communication network, and interaction with the environment, is simulated in digital form. This saves a substantial amount of on-road testing time and offers system-level validations of safety, enforcement and performance in various operating conditions.
   
• A digital twin of the system allows simulating interactions of an engine, a thermal management system, and an energy storage system so that engineers can work out energy flows. This supports longer range in EVs and better fuel economy in ICE vehicles, in achieving sustainability goals and regulatory requirements.
   
• Digital system twins allow the effects of OTA software upgrades to be simulated on the systems before it is implemented in the vehicle. This decreases the probability of unintended failures, better chances of successful update, and reduce the time of troubleshooting in an ecosystem connected with the vehicle, improving customer confidence in such a world.
   
• Digital twins of products mimic the behavior of single car parts, say, braking systems, suspension modules or infotainment units and enable engineers to test material options, robustness and performance prior to assembly. This reduces the need to do expensive redesign of products, shortens time to market and meets high quality and safety standards of components.
   

Based on end use, the digital twin in automotive market is segmented into OEMs, tier 1 suppliers, automotive software and technology companies, mobility service providers, aftermarket and service centers. OEM segment dominates the market due to rising use of digital twins to simulate full vehicle performance in virtual environments is significantly reducing dependence on costly physical prototypes. This shortens product development timelines, lowers R&D expenses, and enables faster market launches, thereby driving the market growth over the forecast period.
 

• OEMs are beginning to deploy digital twins combined with customer data analytics in their quest to provide very personalized vehicle build and configuration. This will support adjustment to changing consumer trends promptly and it increases customer loyalty, which consequently is also driving the market expansion over the forecast period.
   
• Digital twins capabilities of predicting the maintenance need are changing the after-sales services. The OEMs will be able to handle potential failures before they begin, reducing the cost of warranty and increasing brand trust, a variable that will propel the market forward powerfully in few years.
   
• Digital twins enable OEMs to conduct tests in safety, emissions, and crashworthiness to address international regulations but without a heavy physical testing outcome. This will save, alleviate the time duration required to process the certification and guarantee adherence, hence expanding the market growth throughout the forecasted period.
   
• Digital twins are used to simulate real time optimization of battery behavior, energy efficiency and autonomous algorithms in EVs and AVs. Such functionalities are essential to the next-gen mobility, and they surge the market development with the healthy rate throughout the forecast period.
   
• Suppliers at Tier 1 are now turning to the digital twin technology to make sure that their components incorporate perfectly into the platforms of OEMs. This reduces conflict in design, speeds up validation, and improves partnership between suppliers and OEMs, which will greatly drive the market growth in the forecast period.
   

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US dominated the digital twin in automotive market in North America with around 90% share in 2024 and generated USD 645 million in revenue.
 

• The U.S. is at the forefront of innovation in EVs and autonomous vehicles with OEMs and startups taking advantage of digital twins to test remotely and in virtual environments, manage performance, and solve battery issues. Such developments are lowering time-to-market, and enhancing products reliability, and hence, will shape the market expansion aggressively throughout the projected timeframe.
   
• The largest automotive manufacturers and suppliers based in the U.S. have been investing so heavily in research and development to integrate digital twin, faster product releases, and enhanced product simulation performance. This innovation drive gives increased competitive strength and fast paced adoption of technology which drives the market growth of the country in the forecast period.
   
• Federal projects that invest in Industry 4.0 and smart manufacturing and advancements in the automotive industry are promoting the popularization of the concept of digital twins in the American automotive industry. Such policy incentives improve innovative funding and digital infrastructure which will attract much growth of the market in the upcoming years.
   
• The U.S. presents the best cloud computing and IoT ecosystems capable of making it easy to deploy and integrate the digital twins with AI analytics. The robust digital backbone helps lower implementation cost and increase its scalability, which improves the market growth across the U.S. during the forecast period.
   
• Increasing interest in connected, technology-empowered and personalized vehicles among consumers in the U.S. is urgently directing designers to employ digital twins to aid in advanced design, personalization and real-time updates. It is this innovative cycle driven by the demand, which is likely to propel the growth of the market at a steady pace during the forecast period.
   

The digital twin in automotive market is driven in Germany by digital transformation initiatives among German enterprises.
 

• Germany’s global reputation for precision automotive engineering is driving strong adoption of digital twins to enhance product design, simulation accuracy, and performance validation. The focus on quality and innovation among leading OEMs ensures sustained market growth across the forecast period.
   
• Enterprises in highly evolving and competitive sectors, such as manufacturing and automotive, are adopting Industry 4.0 to improve production line efficiency, reduce asset down time, improve product performance, and reduce maintenance cost. As demands on the product requirements increase, the inherent design risks are anticipated to pose significant problems in product design and development. To mitigate these risks, the digital twin is expected to reduce the significant delays and costs associated with the difficult task of system integration.
   
• The automotive industry is embracing digital twin technology in product design and development to improve product efficiency. The digital twin of the automated factory is anticipated to be deployed in assembly line, production line to reduce the asset down time, and improve production efficiency. The automotive players in the country are spending heavily on R&D to improve their products.
   
• Having BMW, Mercedes-Benz, Porsche, and Audi based out of Germany, there is a considerable thrust in integrating digital twins to personalize, predict, and optimize products, especially vehicles. This premium segment orientation will drive the market growth in the future at a consistent level.
   
• Germany has developed a mature Industry 4.0 environment, which motivates automobile facilities to take advantage of digital twins to ensure intelligent manufacturing, automation of processes, and optimization of production lines. These efficiencies are cutting costs and enhancing throughput to drive the market growth over the coming period.
   
• Automotive R&D is a strong focus of Germany, with middle-ground between the state and industry driving digital simulation, use of AI, and twin-based testing. The ecosystem has been promoting speed of implementation of new technology, thus influencing market growth of the nation in the foreseen period.
   
• The German policy regarding electronic and carbon-neutral mobility is pushing auto manufacturers to apply DTs to modeling battery performance, network optimization and to the layout of EV components. Such initiatives will boost market growth over the forecast period.
   

The digital twin in automotive market in China is projected to witness strong and sustained growth throughout the forecast period from 2025 to 2034.
 

• The aggressive electrification drive of the Chinese auto industry and regulators who heavily subsidize and require the development, and offer harsh environmental requirements are driving faster the deployment of the digital twin technology. OEMs use digital twins to design batteries, thermal management and test performances to minimize related R&D costs and time-to-market. The automotive digital twin market in the country is growing at a great pace due to this EV boom.
   
• Industry 4.0 in the automotive industry is being encouraged in the government-supported initiatives like the “Made in China 2025.” Manufacturers are adopting digital twin solutions on production lines to improve quality checks, predictive maintenance, and automation of the processes. The automotive industry in China is experiencing a perpetual boom in demand in the digital twin platform caused by this strategic move towards smart factories.
   
• The biggest tech and automotive companies in China are in the midst of developing autonomous vehicles rapidly, which has translated to the increased demand in the real-time simulation and testing environments. The digital twin technology allows testing algorithms, traffic situations, and safety options virtually to overcome risks that occur when on-road testing is carried out. The digital twin adoption rate in the Chinese automotive industry is gaining pace due to this race to develop AV.
   
• This has led to the complex supply chain as a result of the rate at which China has been exporting cars and expanding its level of domestic manufacturing. The idea is to apply digital twin remedies in real-time tracking of logistics, monitoring supplier performances, as well as demand projections. This ability to optimize and forecast ties in the supply chain disruptions is a factor that accelerates the growth of the automotive digital twin market in the country.
   
• The Chinese market is made up of tech-savvy consumers fueling the demand of the connected cars which are designed to offer enhanced infotainment, telematics and safety technologies. Manufacturers are applying digital twins to model, test and improve connected vehicle capabilities prior to launch. The increasing shift by consumers towards smart mobility is compelling the OEMs and suppliers to make high stakes investments in digital twin technology, which is one of the factors that has augmented the market growth.
   

The digital twin in automotive market in Brazil is projected to witness a notable increase in market share from 2025 to 2034, driven by rising adoption across key industries.
 

• The growing presence of Brazil as a Latin American manufacturing center in the automotive industry is also increasing the pressure for high-tech design and test equipment. The digital twin technology allows OEMs to streamline the development of a vehicle, cut the cost of prototyping, and increase quality control. Due to the increasing vehicle production in the country, the use of digital twins during design, engineering, and production processes is directly obtaining traction.
   
• With an increasing number of electric and hybrid vehicle types available, making Brazil more sustainable, digital twins are becoming the key to modeling battery performance and charging infrastructure design, as well as thermal optimization. The use of the technology by OEMs and suppliers to quicken the process of product development, shorten the testing period, and achieve competitive advantage is catalyzing market expansion throughout the forecast.
   
• Industry 4.0 practices are gaining popularity among the Brazilian car manufacturers to ensure greater efficiency and proximity of downtime. Digital twin solutions enable real-time monitoring, predictive maintenance, and virtual process optimization. Such functionalities are assisting the manufacturers to achieve productivity in their operations and reducing operational risks hence digital twins have become a serious growth driver to the automotive industry transformation in the country.
   
• The increasing automobile exports of Brazil to Latin America and other countries in world markets are pushing the manufacturers to adhere to higher international safety and quality regulations. Technologies associated with digital twins empower simulation-based testing and the checking of compliance with physical production. This cost-competitiveness in fulfilling exportation requirements is motivating an increased use of digital twin tools in automobile manufacturing in Brazil.
   
• New applications of digital twins are opening with Brazil gradually moving towards interactive vehicle ecosystems and raw test experiments in autonomous mobility. Virtual models allow OEMs and other tech companies to test connectivity features, safety algorithms and driver-assist systems in local traffic conditions to make innovations faster and help the market grow in the automotive digital twin sector in the country.
   

The digital twin in automotive market in Saudi Arabia is anticipated to capture a growing share of the regional market between 2025 and 2034, supported by increasing investments in automation and smart technologies.
 

• The Vision 2030 in Saudi Arabia has been catalyzing the investments in modern manufacturing and automotive localization. The digital twins solutions are being implemented to help in efficient designing, assembly, and control of vehicles. This focused push on strategic diversification has led to high demand of simulation-based processes, advancing the development of the digital twin usage within the automotive industry of the country.
   
• Electric mobility encouraged in Saudi Arabia by investment in EV infrastructure and alliances with foreign auto manufacturers is contributing to increased demand of advanced engineering tools. Digital twins aid in the modeling of battery systems, charging networks, and performance optimization. This EV transition is potentially contributing heavily to the implementation of digital twin technology in the automotive market within the kingdom.
   
• The rise of mega-projects like NEOM and The Line is opening new opportunities within a connected and autonomous mobility solution. Auto industry players are employing digital twins to test smart mobility ecosystems, vehicle-to-infrastructure communication, and autonomous driving functionality within a virtual environment. The ambitious urban projects are driving the digital twin platform in the Saudi Arabian automotive industry.
   
• Investments in high-tech production equipment reflect an attempt of Saudi Arabia to build domestic vehicle assembly facilities and curb reliance on imports. Manufacturers can use digital twins to virtually extend their assembly lines, streamline operations, and enhance quality assurance. One of the key drivers of the automotive digital twin in this country is the shift to local manufacturing.
   
• Saudi Arabian consumers are demonstrating increased interest in connected cars that have high-performance infotainment, navigation, and safety systems. Auto makers are implementing digital twin solutions to design, test, and optimize these features prior to rollout. This increased connected car necessities are driving a positive move onward the digital twin adoption within the kingdom automotive ecosystem.
   

Digital Twin in Automotive Market Share

• The top 7 companies in the digital twin in automotive industry are Siemens, Dassault Systèmes, IBM, General Electric, Microsoft, Bosch, and Capgemini, contributing around 37% of the market in 2024.
   
• Siemens has an established presence in the automotive digital twin market and offers end-to-end solutions using its Siemens Xcelerator and Teamcenter platforms to enable simulation, engineering, and manufacturing. The company concentrates on helping OEMs and Tier-1 suppliers in virtual designing, testing, and validating vehicles prior to physical prototyping. IoT, AI, and cloud connectivity are being combined by Siemens to deliver real-time, data-driven digital twins to perform predictive maintenance and optimization. Its partnership with international automakers in EV powertrain simulation, autonomous transportation, and factory digitalization have made Siemens remain competitive and indispensable in assisting manufacturers in speeding up time-to-market and maintaining high quality and lower manufacturing cost.
   
• Dassault Systems is leading the automotive digital twin market with its 3Dexperience software where their platform combines immersive collaborative virtual environments used to design, simulate and manage vehicles across their lifecycle. The firm allows car manufacturers to combine CAD, CAE, and PLM through an integrated digital twin environment to augment design accuracy and accelerate innovation. Aerodynamic modeling, structural optimization, and autonomous system validation widely use the solutions of Dassault. Its venturing into partnerships with electric vehicle start-ups and established OEMs have made it the leader in sustainability-related automotive research and development.
   
• IBM leverages its AI, IoT and hybrid cloud technologies in increasing its competitive advantage within the auto digital twin market, especially with the IBM Maximo and Watson technologies. It will help automakers to create smart digital twins that learn day-to-day information to enhance vehicle results, dependability, and user-friendliness. The solutions of IBM facilitate predictive analytics, connected vehicles simulation, and enhanced manufacturing process optimization. The partnerships with worldwide automotive companies contribute to the introduction of data-driven quality control, vehicle safety testing through AI and energy efficiency facilitation. IBM is exploring to take advantage of secure cloud infrastructure coupled with advanced analytics in terms of being a reliable partner to build future-proof automotive digital twin applications.
   

Digital Twin in Automotive Market Companies

Major players operating in the digital twin in automotive industry are:

• Altair
• Ansys
• Bosch
• Dassault Systèmes
• General Electric
• IBM
• Microsoft
• Capgemini
• Schneider Electric
• Siemens
   
• The digital twin in automotive market is driven by innovations in various technologies and platforms. Market players in the digital twin are categorized by technology & platform and digital & automation market players. Prominent players in the digital twin market are spending heftily on innovations of new technologies to improve digital twin solutions for client enterprises across various industries. Technology & platform players are offering digital twin as a service on their IoT platforms to their clients. Prominent players are also focusing on strategic mergers, acquisitions, and partnerships with other players to leverage their technology and improve their offerings, holding a significant position in the market.
   
• New entrants in this market are focusing on R&D and strategic alliances to register a significant growth rate in the market. Technology & platform market players with clients in the automotive are anticipated to generate high revenue in the future owing to the increasing use of digital twins in these sectors for various purposes including product design & development, supply chain, and equipment health monitoring.
   
• The growing adoption of digital twin solutions in the automotive sector will provide a boost for prominent players in the market. For instance, key automotive manufacturers, such as BMW and Mercedes, deployed digital twin solutions from IBM and GE respectively. The increasing demand for digital twin solutions in this sector will drive these key players to hold a high position in the market
   

Digital Twin in Automotive Industry News

• In June 2025, Schaeffler and NVIDIA combine in technology partnership to move ahead in digital manufacturing. Through the joint venture, Schaeffler will be able to continue to streamline its manufacturing operations and, eventually, become more efficient and accommodating. With NVIDIA Omniverse, Schaeffler is growing its production aspects, which will become incorporated and simulated as digital twins, and the plan is to integrate 50 percent of business plants in Omniverse by 2030.
   
• In January 2025, Hyundai Motor selected Nvidia Omniverse platform to develop simulated environments and use them to test autonomous driving systems, and the two companies will collaborate to develop faster computing, AI, and robotic solutions. The technology stack will be used to develop Hyundai software-defined vehicle stack along with autonomous driving, smart factory, product design, and prototyping.
   
• In January 2025, Siemens Cre8Ventures announced a strategic investment in partnering with videantis, a leader in highly scalable homogeneous SoC architectures to power area-efficient processing of all types of algorithms currently in use in automotive ADAS, autonomous driving, drones, VR and AR and other applications. Such collaboration will see rapid adoption of AI, the catalyzing of innovation and transparency as well as greater integration in the European automotive ecosystem.
   
• Jan 2024 Valeo and Applied Intuition Partner to Provide Digital Twin Technology to ADAS Simulation. The concurring solution will enable automotive original equipment manufacturers (OEMs) to launch safe and reliable ADAS features in much less time. The collaboration of Valeo and Applied Intuition is an essential step towards the increasing reputation of the car industry as providing safer, more profitable, and smart mobility.
   

The digital twin in automotive market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) from 2021 to 2034, for the following segments:

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Market, By Deployment Mode

• Cloud
• On-premises
• Hybrid

Market, By Vehicle

• Passenger car
  • Hatchback
  • Sedan
  • SUV
• Commercial vehicle
  • Light duty
  • Medium-duty
  • Heavy-duty

Market, By Technology

• System digital twin
• Product digital twin
• Process digital twin

Market, By Application

• Product design and development
• Machine and equipment health monitoring
• Process support and service

Market, By End Use

• OEM
• Tier 1 suppliers
• Automotive software and technology companies
• Mobility service providers
• Aftermarket and service centers

The above information is provided for the following regions and countries:

• North America
  • US
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Southeast Asia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE