According to a report, “Driving Simulator Market Size, Share & Trends Analysis Report By Simulator Type (Compact, Full-scale, Advanced), By Application, By End Use (Automotive, Marine, Aviation), By Region, And Segment Forecasts, 2020 – 2027”, emergence of autonomous vehicles across the world is likely to encourage a huge market growth in the coming years.
Increasing in traffic, congestion and the demand for efficient driving skills is expected to upsurge the demand for driving simulator market. Moreover, simulators are widely used across automotive industry with an objective to assess real-time performance of vehicles in a controlled environment. This, driving simulators have gained a huge importance in the automotive market as the demand for advanced driving assistance system advances.
From OEM standpoint, driving simulators are influential to highlight the vehicle’s capabilities and encourage the test performance of the vehicle. It also helps the driver to understand road and traffic conditions. The demand for driving simulator is high due to its features such as cruise control, collision avoidance systems, automatic parking system, and blind-spot monitor. Automotive companies across the globe are initiating various developments such as lane departure warning, and minimum impact in the event of vehicle collision, etc.
Driving simulator Market Report Highlights:
The full-scale simulator type segment held a major share of approximately 41% in 2019 owing to its lower cost as compared to other types
By application, the research and testing segment dominated the driving simulator market in 2019 and is expected to expand at the highest CAGR during the forecast period owing to the advent of autonomous vehicles in the market
Based on end use, the aviation segment held a major share in 2019 owing to the increased air traffic and growing safety concerns among passengers
Europe accounted for the largest share in 2019, followed by North America. Presence of major automotive manufacturers is driving the regional market
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Grand View Research has segmented the global driving simulator market on the basis of simulator type, application, end use, and region:
Driving Simulator Type Outlook (Revenue, USD Million, 2016 – 2027)
Driving Simulator Application Outlook (Revenue, USD Million, 2016 – 2027)
Research & Testing
Motor Sports & Gaming
Driving Simulator End-use Outlook (Revenue, USD Million, 2016 – 2027)
Driving Simulator Regional Outlook (Revenue, USD Million, 2016 – 2027)
Middle East & Africa (MEA)
List of Key Players in Driving simulator Market:
L3 Technologies Inc
Bosch Rexroth AG
Anthony Best Dynamics Limited
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