Automotive Driving Simulator Market - Estimation, Chain Structure, Analysis Supply And Demand By Major Companies AutoSim AS, Teknotrove Simulator, OKTAL

Automotive driving simulator is a type of motion simulator with hardware components, including driving controls, screens, resolution, and mirrors. Driving simulators are used in applications ranging from entertainment to research and advance training. The global automotive driving simulator market generated a revenue of US$ 123.5 million in 2017, which increased from US$ 120.3 million in 2016. By 2025, the automotive driving simulator market is expected to generate a revenue of US$ 155.1 million, with a CAGR of 2.9% over the forecast period.

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Detailed Segmentation:
By Product Type:
-Car Simulator
-Truck Simulator
-Others

By Application:
-Research
-Training
-Entertainment

By Region:
-North America

By Country:
-U.S.
-Canada
-Europe

Automotive Driving Simulator Market - Key Players
AutoSim AS, Teknotrove Simulator System Pvt. Ltd, OKTAL, Cruden B.V., Mechanical Simulation Corporation, Dallara, Moog, Inc., IPG Automotive, ECA- Group, and Ansible Motion.

Is the inclusion of additional segmentation/ market possible?
Yes, the inclusion of additional segmentation / breakdown of the market is possible depending on the availability of data and the difficulty of the survey. However, a detailed requirement must be shared with our research before giving a final confirmation to the customer.
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Market Growth:
On the basis of application, the global automotive driving simulator market is segmented into entertainment, research, and training. The research segment held dominant position in the automotive driving simulator market in 2017 and is expected to retain its dominance over the forecast period. The research segment generated a revenue of US$ 81.6 Million in 2017 and is expected to reach US$ 101.5 million by 2025, with a CAGR of 2.8% over the forecast period.

In May 2018, the VI-grade GmbH announced that Subaru, a Japan-based automobile manufacturing company, adopted its Compact Driving Simulator solution. Increasing use of various in-vehicle infotainment systems such as satellite navigation systems, e-mail systems, and cell phones connectivity have also increased demand for simulators, as it plays a major role in assessing the safety and utility of such devices.

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he government support to encourage utilization of driving simulators to avoid accidents and improve infrastructure to support these advanced technologies is expected to fuel growth of the market. Moreover, increasing research and development projects for advanced technologies such as autonomous vehicle development and connected cars is also driving growth of the automotive driving simulator market in this region.

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