Global Driving Simulator Market, By Simulator Type (Driving Training Simulator, Advanced Driving Simulator (Autonomous)), Driving Training Simulator Type (Compact Simulator, Full-Scale Simulator), Vehicle Type (Car Simualtor, Truck and Bus Driving Simulator), Application Type (Research and Testing, Training), End User (Aviation, Automotive and Marine), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa)Industry Trends and Forecast to 2028
Driving simulator market is expected to grow at a compound annual growth rate of 7.04% over the forecast period of 2021 to 2028. Data Bridge Market Research report on driving simulator market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The driving simulator market has a huge potential to grow over the forecast period of 2021 to 2028, due to the rising prices of driving schools and increasing demand for enhanced experience among individuals. In addition, escalating number of vehicles is also largely influencing the growth of the driving simulator market. Also the dearth of skilled drivers is another driver flourishing the growth of driving simulator market, which in turn is raising the growth of the target market. Additionally, the evolution of autonomous vehicles across the world, rising focus on R&D activities and high adoption of driving simulators by vehicle manufacturers to design interior or to test advance driving assistance system which will also boost the growth of the driving simulator market in the above mentioned forecast period. Likewise, the rising use of various in-vehicle infotainment systems such as e-mail systems, satellite navigation systems and cell phones connectivity have also improved demand for simulators, as it plays a key role in assessing the security and usefulness of such devices and will also forward the driving simulator market demand. Furthermore, the increasing accident rate is anticipated to raise concern for pedestrian as well as driver and passenger protection which is highly propelling the demand for driving simulator market.
However, the complexities in real-time control along with high initial cost and lack of infrastructure in emerging countries will act as market restraint for driving simulator in the forecasted period of 2021 to 2028, whereas the integration complexities and lack of benchmark and standards have the potential to challenge the growth of the market. In addition, the rapidly rising research-based development activities that present technologically advanced systems in the field of semi-autonomous and autonomous vehicles will further offer various growth opportunities for the driving simulator market in the above mentioned forecast period.
This driving simulator market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on driving simulator market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Driving Simulator Market Scope and Market Size
Driving simulator market is segmented on the basis of simulator type, driving training simulator type, vehicle type, application type and end users. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of simulator type, the driving simulator market is segmented into driving training simulator and advanced driving simulator (autonomous).
- The driving simulator market has also been segmented on the basis of driving training simulator type into compact simulator and full-scale simulator.
- On the basis of vehicle type, the driving simulator market is segmented into car simualtor and truck and bus driving simulator.
- Based on application type, the driving simulator market is segmented into research and testing and training.
- Based on end users, the driving simulator market is segmented into aviation and automotive and marine.
Driving Simulator Market Country Level Analysis
Driving simulator market is analyzed and market size, volume information is provided by country, simulator type, driving training simulator type, vehicle type, application type and end users as referenced above.
The countries covered in the driving simulator market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Asia-Pacific leads the driving simulator market owing to the strong presence of automobiles manufacturing base in emerging countries such as Japan and China within the region. Europe is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the favorable government initiatives which support safety regulations in this particular region.
The country section of the driving simulator market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Driving Simulator Market Share Analysis
Driving simulator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to driving simulator market.
The major players covered in the driving simulator market report are Cruden B.V., Mechanical Simulation Corporation, Moog Inc, ECA GROUP, Bosch Rexroth AG, Tecknotrove, NVIDIA Corporation, CKAS Mechatronics Pty Ltd, IPG Automotive Gmbh, DALLARA, Ansible Motion Limited, Virage Simulation Inc., Waymo LLC., Daimler AG, BMW GROUP, Volkswagen, Anthony Best Dynamics Limited., XPI Simulation Ltd, Toyota Kirloskar Motor, and ANTYCIP, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Driving Simulator Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.