Global Automotive Driving Simulator Market, By Vehicle Type (Car, Truck, and Others), By Simulator T

Published Date: April 2019 | Report Code : AT1931743

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The Global Automotive Driving Simulator Market is projected to reach USD 4.04 billion by 2028, at a CAGR of 7.9% during the forecast period. Automotive driving simulators create close to real life driving conditions for purposes such as training, testing, and entertainment. In training and testing, they can be used to train and test both novice and professional drivers, testing in critical driving conditions, testing effects of the impairment on drivers, etc.

Over the past few years, the automotive driving simulator market has been witnessing a steady growth due to increasing safety regulations required to be maintained by vehicle manufacturers and on-road drivers. They are used by manufacturers to test the functioning of vehicles in different conditions created through simulators to ensure safety in all these conditions. Moreover, many driving schools are installing simulators to teach driving, as it is a better and safer tool.

 

Based on the simulator type, the automotive driving simulator market has been segmented into driving training and advanced driving. The drive training segment includes compact and full-scale simulators, of which, compact simulators are expected to witness high demand due to their small size, and low cost of maintenance and installation. Thus, they are being increasingly installed in driving schools. North America is expected to be the largest market for compact simulators due to its stringent traffic rules and regulations.

Moreover, the global gaming industry is growing at a rate of 17% mainly due to the popularity of video and racing games. Driving simulators are used in driving and racing games such as Need for Speed, GTA, etc. This factor is also fueling the automotive driving simulator market.

Western Europe is expected to lead the automotive driving simulator market due to safety regulations and rapid technological development in the European automotive industry, which is developing high-performance fuel-efficient vehicles. Simulators are being used by all automotive companies to gain a competitive advantage over competitors and ensure production of efficient vehicles.

Key Factors Impacting Market Growth:

  • Stringent government rules and regulations in developed countries
  • Adoption of compact simulators by driving schools
  • Technological advancements in the European automotive industry
  • Increasing the use of simulators for the vehicle in research purpose

Key Developments:

  • On December 18, 2018, Mechanical Simulation released a new version of their CarSim, TruckSim, BikeSim, and Suspension sim named 2019.0. This release has major improvements in the overall software behavior, core vehicle dynamics, path and scene building tools, etc.
  • In June 2017, Toyota Kirloskar announced its plans to open 50 driving schools in India, which will use driving simulators for better learning.
  • On February 16, 2018, Moog Inc. acquired VUES Brno s.r.o. in Mostecka, the Czech Republic at a price of USD 67.5 million to tap the market in that region.

What This Study Provides

  • Global market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • Regional market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • National market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • Extensive details and analysis of contracts, projects and program
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Analysis of game changing technological trends and how these will shape the industry
  • Explanation or political, regulatory and technical factors to consider
  • Barriers to entry analysis for markets around the world
  • Profiles of leading companies operating within the sector with market share analysis
  • SWOT analysis of the market, together with the opportunities available and the key threats faced
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • Market conclusions & recommendations

Market Segmentation:

By Vehicle Type:

  • Car
  • Truck
  • Others

By Simulator Type:

  • Driving Training
  • Compact Simulator
  • Full-Scale Simulator
  • Advanced Driving (Autonomous)

By Application:

  • Research & Testing
  • Training
  • Entertainment

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Vehicle Type
    • By Simulator Type
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Vehicle Type
    • By Simulator Type
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Vehicle Type
    • By Simulator Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Vehicle Type
    • By Simulator Type
    • By Application
  • Middle East
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Vehicle Type
    • By Simulator Type
    • By Application
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Vehicle Type
    • By Simulator Type
    • By Application

Companies Covered: Moog Inc., ECA group, NVIDIA, Autosim AS, Cruden B.V., Dallara, Rexroth, Ansible Motion, Mechanical Simulation, OKTAL, and IPG Automotive…

Years Considered In The Study

 

Historic Year

2016, 2017

Base Year

2018

Forecast Period

2019-2028 

CAGR % (2019-2028)

7.9

 

key questions answered by this report

  • How is the automotive driving simulator market evolving?
  • What is driving and restraining automotive driving simulator dynamics?
  • How will each automotive driving simulator submarket segment grow over the forecast period and how much Sales will these submarkets account for in 2028?
  • How will market shares of each automotive driving simulator submarket develop from 2019-2028?
  • Which automotive driving simulator submarket will be the main driver of the overall market from 2019-2028?
  • How will political and regulatory factors influence regional automotive driving simulator markets and submarkets?
  • Will leading national automotive driving simulator broadly follow macroeconomic dynamics, or will individual country sectors outperform the rest of the economy?
  • How will market shares of the national markets change by 2028 and which nation will lead the market in 2028?
  • Who are the leading players and what are their prospects over the forecast period?
  • How will the sector evolve as alliances form during the period between 2019 and 2028?

Reasons to Buy This Report:

  • Market size estimation of the global automotive driving simulator market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
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