How is Digital Twin transforming the automotive industry?
Lionel Sujay Vailshery’s research reveals that the automotive industry’s market value is projected to increase from $0.46 billion in 2020 to $5.06 billion by 2025. Additionally, the market size for digital twins is expected to reach $73.5 billion by 2027. Knowing this, let’s delve into the role of digital twins in the automotive sector.
Digital twins play a vital role in automotive design and engineering. They enable designers and engineers to create virtual replicas of end products, aiding in simulating and optimizing various scenarios prior to expensive physical prototyping. Here are some ways digital twins are employed in automotive design and engineering: Early-stage design, Performance optimization, Safety testing, Manufacturing optimization. Successful implementation of digital twins necessitates their integration with CAD, CAE, and simulation tools.