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Global $2.3 Bn Driving Simulator Markets, 2020-2021 & 2025 by Vehicle Type, Simulator Type, Training Driving Simulator, Application, End User, Competitive Analysis - ResearchAndMarkets.com

·5-min read

The "Global Driving Simulator Market (2020-2025) by vehicle type, simulator type, training driving simulator, application, end user, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Driving Simulator Market is estimated to be USD 1.5 Bn in 2020 and is expected to reach USD 2.3 Bn by 2025, growing at a CAGR of 8.2 %.

Market Dynamics

Key factors such a high need for driver skill assessment due to the lack of skilled drivers, and the growing technologies giving further impetus for research and testing is driving the growth of the driving simulator market.

Additionally, as the simulators help the individuals to analyse the peculiar risks involved to make a judgement call without harming themselves physically has been one of the key factors fuelling the growth of the market.

However, the real time complexities involved in driving cannot be weighed completely by a simulator. Moreover the simulator discomfort and low levels of standardization is further likely to restrain the growth of the market.

Market Segmentation

  • The Global Driving Simulator Market is segmented further based on vehicle type, simulator type, training driving simulator, application, end user, and Geography.

  • By Vehicle Type, the market is classified as Car Simulator and Truck & Bus Simulator. Amongst the two, the Car Simulator segment is estimated to hold the highest market share.

  • By Simulator Type, the market is classified as Advanced Driving Simulator and Training Driving Simulator. Amongst the two, the Advanced Driving Simulator segment is estimated to hold the highest market share during the forecast period.

  • By Training Driving Simulator, the market is classified as Compact Simulator and Full-Scale Simulator. Amongst the two, the Compact Simulator segment is estimated to hold the highest market share.

  • By Application, the market is classified as Research & Testing and Training. Amongst all, the research and testing segment is estimated to hold the highest market share.

  • By End User, the market is classified as Automotive, Marine and Aviation. Amongst all, the automotive segment is estimated to hold the highest market share.

  • By Geography, Europe is projected to lead the market.

Recent Developments

  • Cruden BV has received a contract from the BMW Group to install nine new driver-in-the-loop (DIL) simulators to support the virtual testing of advanced driver assistance systems (ADAS), automated driving (AD) and related car functions at the engineering and development centre.- 14th September 2020

  • IPG Automotive has launched the latest version of its simulation software CarMakerTM that is backed by features such as LIDAR RSI and real time sensor models.- 23rd August 2019

Company Profiles

Some of the companies covered in this report are Thales Group, L3 Technologies Inc, CAE, Inc, Bosch Rexroth AG, Anthony Best Dynamics Limited, Ansible Motion, ECA GROUP, and Cruden, BV etc.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Overview

4.1 Introduction

4.2 Market Dynamics

4.2.1 Drivers

4.2.1.1 High Need for driver assessment

4.2.1.2 Growth in electrification, connectivity and driver assistance technologies

4.2.1.3 Strong measure to analyse the risks involved in driving conditions without physically being at risk

4.2.2 Restraints

4.2.2.1 Real time complexities

4.2.2.2 Simulator discomfort

4.2.2.3 Low levels of standardization

4.2.3 Opportunities

4.2.3.1 High Focus on driver in the loop (DIL) technology

4.2.3.2 Rise in the demand for portable compact simulation technology

4.2.4 Challenges

4.2.4.1 Lack of infrastructure availability in emerging countries

4.3 Trends

5 Market Analysis

5.1 Porter's Five Forces Analysis

5.2 Impact of COVID-19

5.3 Ansoff Matrix Analysis

6 Global Driving Simulator Market, By Vehicle Type

6.1 Introduction

6.2 Car Simulator

6.3 Truck & Bus Simulator

7 Global Driving Simulator Market, By Simulator Type

7.1 Introduction

7.2 Advanced Driving Simulator

7.3 Training Driving Simulator

8 Global Driving Simulator Market, By Training Driving Simulator

8.1 Introduction

8.2 Compact Simulator

8.3 Full-Scale Simulator

9 Global Driving Simulator Market, By Application

9.1 Introduction

9.2 Research & Testing

9.3 Training

10 Global Driving Simulator Market, By End User

10.1 Introduction

10.2 Automotive

10.3 Marine

10.4 Aviation

11 Global Driving Simulator Market, By Geography

11.1 Introduction

11.2 North America

11.2.1 US

11.2.2 Canada

11.2.3 Mexico

11.3 South America

11.3.1 Brazil

11.3.2 Argentina

11.4 Europe

11.4.1 UK

11.4.2 France

11.4.3 Germany

11.4.4 Italy

11.4.5 Spain

11.4.6 Rest of Europe

11.5 Asia-Pacific

11.5.1 China

11.5.2 Japan

11.5.3 India

11.5.4 Indonesia

11.5.5 Malaysia

11.5.6 South Korea

11.5.7 Australia

11.5.8 Russia

11.5.9 Rest of APAC

11.6 Rest of the World

12 Competitive Landscape

12.1 IGR Competitive Quadrant

12.2 Market Share Analysis

12.3 Competitive Scenario

12.3.1 Mergers & Acquisitions

12.3.2 Agreement, Collaborations, & Partnerships

12.3.3 New Product Launches & Enhancements

12.3.4 Investments & Funding

13 Company Profiles

  • Cruden B.V.

  • Mechanical Simulation Corporation

  • Moog Inc

  • ECA GROUP

  • Bosch Rexroth AG

  • Tecknotrove Simulator Systems

  • 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

  • Thales Group

  • L3Harris Technologies Inc

  • CAE, Inc

  • AutoSim AS

  • OKTAL

For more information about this report visit https://www.researchandmarkets.com/r/66m36j

View source version on businesswire.com: https://www.businesswire.com/news/home/20210511005508/en/

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