6 High demand from Western Europe is expected to propel the growth of the automotive driving simulators market

The automotive driving simulator market is projected to reach USD 4.04 billion by 2028, at a CAGR of 7.9% between 2018 and 2028. According to Quince Market Insights, increasing safety regulations laid down for manufacturers and consumers is one of the factors influencing market growth. The report provides a detailed analysis of emerging market trends, market size, forecasting, detailed overview of major companies operating in the market, impact factors influencing the market, etc. The report also identifies key factors that influence the growth of the automotive driving simulator market.

Global Automotive Driving Simulator Market Overview

The automotive driving simulator market is an established market with increasing regulations, which are to be strictly followed by manufacturers and on-road users. Moreover, many driving schools are installing simulators in their schools for improved learning and safety, which is contributing to the growth of the automotive driving simulator market. Moreover, the gaming industry has increased the use of automotive driving simulators, owing to the demand for racing games and other simulator-based games. These simulators are commonly used by automotive manufacturers for testing different functions and safety of vehicles in different conditions. As simulators offer near to real-life experience, it is safe to learn the basics of driving through simulators. All these factors are responsible for the growth of the automotive driving simulators market in emerging economies.

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Western Europe to drive the market demand during the forecast period

Western Europe is the fastest-growing market for automotive driving simulators. Countries in this region are witnessing high demand for simulators due to strict safety regulations and technological developments in automobile manufacturing. Simulators offer manufacturers a significant advantage over competitors in the market by providing new information and telemetry for improving their products. This has resulted in the spike in demand for automotive driving simulators. Moreover, the growing video games market based on simulation has also led to the growth of the automotive driving simulators market.

Major companies manufacturing automotive driving simulators are Moog Inc., ECA Group, NVIDIA, Autosim AS, Cruden B.V., Dallara, Rexroth, Ansible Motion, Mechanical Simulation, OKTAL, and IPG Automotive. These companies have been profiled in the study to provide a competitive view of the market. Major developments such as new product launches, mergers & acquisitions, expansions, and partnerships, among others were undertaken during the historic period and have been provided for understanding the market scenario.

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Market Segments

By Simulator Type:

• Driving Simulator
o Compact Simulators
o Full-size Simulators
• Advance Driving (Autonomous)

By Vehicle Type:

• Car
• Truck
• Others

By Applications:

• Research and Testing
• Training
• Entertainment

By Region:

• North America
• Asia-Pacific
• Western Europe
• Middle-East
• Eastern Europe
• Rest of the World

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What Does This Report Provide?

This report provides a detailed understanding of the automotive driving simulator market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Contact:

Quince Market Insights
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Email: sales@quincemarketinsights.com
Website: https://quincemarketinsights.com/
Phone: + 91-2026992033

About Quince Market Insights:

Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments pertaining to market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

This release was published on openPR.