Uploaded on Apr 29, 2019
Driving Simulator Market by Simulator Type (Driving Training Simulator & Advanced Driving Simulator (Autonomous)), Vehicle Type, Application (Research & Testing and Training), Training Simulator Type, & Region - Global Forecast to 2025
Driving Simulator Market worth $2.4 billion by 2025
MarketsandMarkets
Presents
Driving Simulator Market worth $2.4 billion by 2025
https://www.marketsandmarkets.com/Market-Reports/driving-simula
tor-market-171814690.html
The report "Driving Simulator Market by Simulator Type (Driving Training
Simulator & Advanced Driving Simulator (Autonomous)), Vehicle Type,
Application (Research & Testing and Training), Training Simulator Type, &
Region - Global Forecast to 2025“
The global driving simulator market is projected to grow from USD 1.7
billion in 2019 to reach USD 2.4 billion by 2025, at a CAGR of 6.32%. The
growth of the driving simulator market is influenced by factors such as
shortage of skilled drivers, increased focus on R&D activities, and the
growing safety measures for driving in Europe and North America.
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Browse 39 market data Tables and 33 Figures spread through
113 Pages and in-depth TOC on "Driving Simulator Market”
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g-simulator-market-171814690.html
“European region is expected to lead the market during the
forecast period”
Europe is expected to be the largest global driving simulator market. In
Europe, Germany is estimated to be the largest driving simulation
market in the region. The German automotive industry is an
internationally renowned innovation hub. Approximately 70% of the
world’s premium cars are manufactured by German OEMs. The region’s
vibrant R&D landscape and technological excellence with over 100
automotive electronics-related study programs every year justify the
region’s dominance in the field of connectivity, vehicle electronics, and
self-driving cars. Additionally, the development of the intelligent
transportation system would also drive the European driving simulator
market.
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Advanced driving simulator market is expected to grow at the
fastest CAGR
The advanced driving simulator segment is expected to be the fastest
global driving simulator market. The advanced simulators encompass
the entire structure of a real vehicle. They are generally manufactured in
a dome shape and provide a 360° view for driving. The dome is
assembled on a motion platform with a high degree of freedom—up to 9
degrees. Many OEMs such as Ford, Daimler, Toyota, Honda, and BMW
have installed advanced driving simulators for R&D purposes.
The major driving simulator market players are Mechanical Simulation
Corporation (US), Cruden B.V. (Netherlands), ECA GROUP (France), Moog
(US), and Oktal (France).
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4690
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