According to a new market report published by Lucintel, the future of the global driving simulator market looks promising with opportunities in the automotive, marine, and aviation segments. The global driving simulator market is expected to grow with a CAGR of 8% from 2021 to 2026. The major drivers for this market are increasing demand for skilled drivers, growing focus on driver safety, and increasing prices of driving schools.
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In this market, driving simulators are used in car simulators and truck & bus simulators. On the basis of comprehensive research, Lucintel forecasts that car simulators will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to the high-resolution system generated and the system is supported with an HD sound system along with 3D and Doppler effect.
Within the global driving simulator market, the automotive segment is expected to witness the highest growth over the forecast period due to the high penetration of passenger as well as commercial vehicles across the globe, significant investments in research & development to bring autonomous cars to the market, and improvized designs or models of existing cars.
APAC is expected to remain the largest market and witness the highest growth over the forecast period due to improving lifestyles, rising number of metro cities, and steadily growing population. These factors have played a vital role in increasing the production and sales of passenger cars in Asia Pacific.
Emerging trends, which have a direct impact on the dynamics of the industry, include the introduction of advanced driving assistance systems (ADAS), increasing research-based development activities, and introduction of advanced technologies, like 3D visualization. Moog, Inc., CAE, Inc., Nvidia Corporation, MTS Systems Corporation, AutoSim AS, IPG Automotive GmbH, Virage Simulation, Inc., Ansible Motion Ltd., Cruden B.V., and CXC Simulations are among the major suppliers of the driving simulator market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global driving simulator market by vehicle type, simulator type, training driving simulator, application, end user, and region, and has compiled a comprehensive research report titled “Growth Opportunities in the Global Driving Simulator Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global driving simulator market by vehicle type, simulator type, training driving simulator, application, end user, and region, as follows:
By Vehicle Type [Value ($ Million) from 2015 to 2026]:
Car Simulators
Truck & Bus Simulators
By Simulator Type [Value ($ Million) from 2015 to 2026]:
Advanced Driving Simulators
Training Driving Simulators
By Training Driving Simulator [Value ($ Million) from 2015 to 2026]:
Compact Simulators
Full-Scale Simulators
By Application [Value ($ Million) from 2015 to 2026]:
Research & Testing
Training
By End User [Value ($ Million) from 2015 to 2026]:
Automotive
Marine
Aviation
By Region [Value ($ Million) from 2015 to 2026]:
North America
United States
Canada
Mexico
Europe
APAC
ROW
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com.
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