DUBLIN, July 23, 2021 / PRNewswire / – The report “Global Driving Simulator Market (2021-2026) by Vehicle Type, Simulator Type, Training Driving Simulator, Application, End User, Geography, Competitive Analysis and Impact of COVID-19 with Ansoff analysis “” has been added to ResearchAndMarkets.com offer.

The global driving simulator market is estimated at $ 1.62 billion in 2021 and should reach $ 2.42 billion by 2026, with a CAGR of 8.3%.

Market dynamics

Key factors such as high need for driver skill assessment due to shortage of skilled drivers and increasing technologies giving new impetus to research and testing are driving the growth of the driving simulator market. Additionally, as simulators help individuals analyze the particular risks involved making judgment without physical injury has been one of the key factors fueling the growth of the market.

However, the real-time complexities involved in driving cannot be fully assessed by a simulator. Additionally, simulator discomfort and low levels of standardization are likely to further dampen market growth.

Market segmentation

The global driving simulator market is segmented on the basis of vehicle type, simulator type, training driving simulator, application, end user, and geography.

By Vehicle Type, the market is categorized into Car Simulator and Truck & Bus Simulator. Among the two, the Car Simulator segment holds the highest market share.

By Simulator Type, the market is categorized as Advanced Driving Simulator and Training Driving Simulator. Among the two, the Advanced Driving Simulator segment is expected to hold the highest market share during the forecast period.

By Training Driving Simulator, the market is classified as compact simulator and large scale simulator. Among the two, the compact simulator segment holds the highest market share.

By application, the market is categorized as research and testing and training. Among all of them, the research and testing segment is estimated to have the highest market share.

By end user, the market is categorized as Automotive, Marine, and Aviation. Among all of them, the automotive segment is estimated to have the highest market share.

By geography, Europe is expected to dominate the market.

Recent developments
1. Cruden BV has been awarded a contract from BMW Group for the installation of nine new Loop Driving Simulators (DIL) to support virtual testing of Advanced Driver Assistance Systems (ADAS), Automated Driving ( AD) and car functions associated with the engineering and development center. – September 14, 2020
2. IPG Automotive has released the latest version of its CarMakerTM simulation software which leverages features such as LIDAR RSI and real-time sensor models. – 23 Aug 2019

Company Profiles

Some of the companies covered in this report are Thales Group, L3 Technologies Inc, CAE, Inc, Bosch Rexroth AG, Anthony Best Dynamics Limited, Ansible Motion, ECA GROUP and Cruden, BV, etc.

Competitive quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their Industry Position Score and Market Performance Score. The tool uses various factors to categorize players into four categories. Some of these factors taken into account for the analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc.

Why buy this report?

• The report offers a comprehensive assessment of the global driving simulator market.
• The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The main research is carried out through interviews, surveys and observations of renowned personnel in the industry.
• The report includes in-depth market analysis using Porter’s 5 Force Model and Ansoff Matrix. The impact of Covid-19 on the market is also presented in the report.
• The report also contains competitive analysis using Competitive Quadrant, the analyst’s proprietary competitive positioning tool.

Main topics covered:

1 Description of the report

2 Research methodology

3 Executive summary

4 Market overview
4.1 Presentation
4.2 Market dynamics
4.2.1 Drivers
4.2.1.1 High need for driver evaluation
4.2.1.2 Growth of electrification, connectivity and driving assistance technologies
4.2.1.3 Strong measure to analyze the risks associated with driving conditions without being physically at risk
4.2.2 Constraints
4.2.2.1 Real-time complexity
4.2.2.2 Discomfort of the simulator
4.2.2.3 Low levels of standardization
4.2.3 Opportunities
4.2.3.1 High Focus on driver in the loop (DIL) technology
4.2.3.2 Increasing demand for portable compact simulation technology
4.2.4 Challenges
4.2.4.1 Lack of infrastructure availability in emerging countries
4.3 Trends

5 Market analysis
5.1 Porter’s five forces analysis
5.2 Impact of COVID-19
5.3 Ansoff matrix analysis

6 Global Driving Simulator Market, By Vehicle Type
6.1 Presentation
6.2 Car simulator
6.3 Truck and bus simulator

7 Global Driving Simulator Market, By Simulator Type
7.1 Presentation
7.2 Advanced driving simulator
7.3 Training driving simulator

8 Global Driving Simulator Market, By Training Driving Simulator
8.1 Presentation
8.2 Compact simulator
8.3 Large-scale simulator

9 Global Driving Simulator Market, By Application
9.1 Presentation
9.2 Research and testing
9.3 Training

10 Global Driving Simulator Market, By End User
10.1 Presentation
10.2 Automotive
10.3 Maritime
10.4 Aeronautics

11 Global Driving Simulator Market, By Geography
11.1 Presentation
11.2 North America
11.2.1 United States
11.2.2 Canada
11.2.3 Mexico
11.3 South America
11.3.1 Brazil
11.3.2 Argentina
11.4 Europe
11.4.1 United Kingdom
11.4.2 France
11.4.3 Germany
11.4.4 Italy
11.4.5 Spain
11.4.6 Remainder of Europe
11.5 Asia Pacific
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Indonesia
11.5.5 Malaysia
11.5.6 South Korea
11.5.7 Australia
11.5.8 Russia
11.5.9 Rest of APAC
11.6 Rest of the world
11.6.1 Qatar
11.6.2 Saudi Arabia
11.6.3 South Africa
11.6.4 United Arab Emirates
11.6.5 Latin America

12 Competitive landscape
12.1 Competitive quadrant
12.2 Market share analysis
12.3 Competitive scenario
12.3.1 Mergers & Acquisitions
12.3.2 Agreement, collaborations and partnerships
12.3.3 New product launches and improvements
12.3.4 Investments and financing

13 company profiles
13.1 Cruden BV
13.2 Mechanical simulation company
13.3 Moog Inc
13.4 ECA GROUP
13.5 Bosch Rexroth AG
13.6 Tecknotrove simulation systems
13.7 NVIDIA Company
13.8 CKAS Mechatronics Pty Ltd
13.9 IPG Automotive GmbH
13.10 DALLARA
13.11 Ansible Motion Limited
13.12 Virage Simulation Inc.
13.13 Waymo LLC.
13.14 Daimler AG
13.15 BMW GROUP
13.16 Volkswagen
13.17 Anthony Best Dynamics Limited.
13.18 XPI Simulation Ltd
13.19 Toyota Kirloskar engine
13.20 Thales Group
13.21 L3Harris Technologies Inc
13.22 CAE, Inc
13.23 AutoSim AS
13.24 OKTAL

14 Annex

For more information on this report, visit https://www.researchandmarkets.com/r/aob8en

Media contact:
Research and markets
Laura Wood, senior
[email protected]

For EST office hours, call + 1-917-300-0470
For USA / CAN call toll free + 1-800-526-8630
For GMT office hours, call + 353-1-416-8900

US Fax: 646-607-1904
Fax (outside the United States): + 353-1-481-1716

View original content: https://www.prnewswire.com/news-releases/worldwide-driving-simulator-industry-to-2026—featuring-moog-eca-group-and-nvidia-among-others-301340251 . html

SOURCE Research and Markets