What is Driving Simulator Market Scope?
Driving simulators are highly utilized to provide training to the drivers. It leverages the use of advanced technology like VR to create a realistic road environment including scenery, geometric road structures, vehicle vibrations according to the road surface conditions, gaps, and environment in the vehicle cabin. Driving simulators are used by the training centers to prepare trainees o handle unpredictable or safety-critical tasks by avoiding risky driving. It also helps to analyze driversí performance under the influence of drugs, alcohol, and various weather condition.
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The Driving Simulator market study is being classified by Type (2D Driving Simulator and 3D Driving Simulator), by Application (Driving Training and Video Games) and major geographies with country level break-up.
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
VI-grade (Germany), rFpro (AB Dynamics) (United Kingdom), Zen Technologies Limited (India), CKAS Mechatronics Pty Ltd (Australia), AVSimulation (France), Carnetsoft BV. (Netherlands), Tecknotrove (India), L3Harris Technologies (United States), Ansible Motion (United Kingdom), ECA Group (France), Virage Simulation (Canada) and Moog Inc. (United States) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Driving Simulator market by Type, Application and Region.
On the basis of geography, the market of Driving Simulator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In May 2021, VI-grade, the automotive driving simulation software, hardware, and services provider acquired Concurrent Real-Time, Inc. to bring its expertise to develop VI-gradeís simulation and control platforms. Concurrent is a computational hardware and software solutions company that provides software-in-the-loop, hardware-in-the-loop, and people-in-the-loop. The acquisition will allow VI-grade to grow its simulator platform ventures and integrate HiL technology into its solutions., and In 2019, ANSS recently entered into a strategic partnership with AVSimulation with an aim to enhance development of autonomous vehicles (AV). The integration of ANSYS' autonomous driving simulation capabilities with AVSimulationís expertise simulation technology is expected to accelerate design development process.
In 2020, AB Dynamics introduced its new, class-leading static driving simulator expands its suite of driving simulator tools. The newly launched aVDS-S static driving simulator brings unprecedented levels of driver immersion to the bus simulator segment and helps the company to enhance its growing portfolio of testing equipment that seamlessly links together to efficiently deliver highly detailed consistent results.
Influencing Market Trend
- Development of Innovative Technologies to Reproduce Realistic Road Environment
- Surging Demand for Driving Simulators in the Car Driving Training Institutions
- Growing Need for Advanced Driving Simulator to Analyze Driver Behaviors Under Different Conditions
- Increasing Number of Racing Game Enthusiasts Worldwide is Likely to Create Significant Opportunities
- Simulator Discomfort in the Older People May Slow Down the Adoption
- Limited Physical, Perceptual, and Behavioral Fidelity Simulators May Lead Consumers towards the Real Vehicle
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Driving Simulator Providers, Driving Schools, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. Who are the prominent players of the Global Driving Simulator market?
The prominent players of Global Driving Simulator market are VI-grade (Germany), rFpro (AB Dynamics) (United Kingdom), Zen Technologies Limited (India), CKAS Mechatronics Pty Ltd (Australia), AVSimulation (France), Carnetsoft BV. (Netherlands), Tecknotrove (India), L3Harris Technologies (United States), Ansible Motion (United Kingdom), ECA Group (France), Virage Simulation (Canada) and Moog Inc. (United States), to view complete player list click here
2. What are the top priorities to focus for Driving Simulator markets growth?
In this highly competitive & fast evolving Driving Simulator industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.
3. Who are the potential customers in Driving Simulator Market?
Driving Training and Video Games are the potential customers of Driving Simulator industry.
4. At what growth rate would the Driving Simulator market expands?
The Global Driving Simulator market is expected to see a growth of 7.1% during projected year 2021 to 2027.