HARDWARE IN THE LOOP MARKET: TRENDS, GROWTH, AND FORECAST (2025-2034)

The hardware in the loop (HIL) market is a critical component in various sectors such as automotive, aerospace, energy, and manufacturing, providing a robust testing environment for complex systems. As of 2024, the global HIL market attained a value of nearly USD 859.32 million. This market is expected to grow at a compound annual growth rate (CAGR