According to study, “Global Automotive Driving Simulators Market Size study, by Type (Modular Design Simulator, Multi-station Driving Simulator, Bus Simulator, Physical Simulator), by Application (OEMs and Supplier, Training Institutions, Transport Authorities, Independent R&D, Others) and Regional Forecasts 2018-2025” some of the major companies thatare currently working in the global automotive driving simulators market are Realtime Technologies, Mechanical Simulation Corp., Ansible Motions, Team Simrac, OKTAL(Sogeclair Group), DALLARA, Lander Simulation & Training Solutions, Eca Group, PSA Peugeot Citroen, Cruden, Moog Inc., Sym2B Simulation, IPG Automotive, SiFat Inc., Teknotrove Simulator System Pvt. Ltd., Cruden B.V., Virage Simulation, AutoSim AS.
Automotive driving simulator is a form of motion simulator with hardware components such as screens, driving controls, resolution, and mirrors. The driving simulator is also known as sims, which is a class of human-machine interfaces (HMIs), used to imitate the accurate or near-accurate conditions prevalent during the driving some of the major driving simulators type are include driver’s perspective, physics perspective, motion and the vehicle interior & exterior perspective. The automotive driving simulator is used for the entertainment & training for the driver’s education courses which include lessons as the private business & educational institutions. The performance measurement can be done precisely & efficiently. Some of the key advantages associated with the driving simulators include opportunities based on feedback & instruction which is hard to use in real time vehicle driving. The automotive simulators technique is also used for the research intentions of human factors and the medical research.
Based on the type, global automotive driving simulators market is segmented into multi-station driving simulator, modular design simulator, physical simulator and bus simulator. Based on product type, market is segmented into truck simulator, car simulator and others. Based on application, market is segmented into entertainment, training and research. Moreover the end-user market is segmented into training institutions, independent R & D, OEMs & supplier, schools & universities, transport authorities and others.
The global automotive driving simulators market is widely driven by the high cost of validating simulation, followed by increase in innovation of autonomous vehicles and growing number of connected cars with increase in the end-user testing of the advanced driver assistance systems (ADAS)& autonomy features, creation of low-cost stimulators for testing & evaluating in vehicle technologies (autonomous vehicles, Vehicle-to-everything (V2X), truck-platooning,) and support of mandates by regulatory organizations for the vehicle safety & comfort. Apart from benefits, some of the major restraining factors of the market are the use of augmented reality (AR) head-up displays (HUDs) and helmet mounted displays (HMDs) to establish inexpensive driving simulation solutions. Moreover, as per the new trends the driving simulators are been used as the mainstream for automotive design testing and the use of low cost simulators for testing & evaluating in-vehicle technologies with advent of the reconfigurable driving simulation in the automotive space.
Globally, Asia-pacific is the dominant region in terms of market value with large number of driving schools. The North American region is also expected to exhibit higher growth rate owing to growing demand of automotive driving simulator. The global automotive simulation market is expected to grow with double digit CAGR of 11.1% during the forecast period, from US$1.4 billion in 2018 to US$2.9 billion by 2025. During the forecast period it is estimated that the register a rapid development with increasing innovation of autonomous vehicles.
For more information on the research report, refer to below link:
Ankur Gupta, Head Marketing and Communications