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Government Support will boost Immersive Simulator market size During Forecast Period 2017-2025

01-17-2018 02:13 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Government Support will boost Immersive Simulator market size

Immersive Simulator Market Overview:

The immersive simulator is a complex social equipment, in which human beings interact with each other, a simulator, and other technical devices. Immersion simulator is a salient feature of the simulation-based learning environment. Immersion refers to the subjective impression that one is participating in a comprehensive, realistic experience.

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It can be interpreted as a psychological experience that one perceives regarding how much anyone is attached to a learning environment, which can be provided via an active and dynamic interaction between the learner and their environment, sensory information in the 3D digital space, and authentic scenarios or tasks that tap into the learner’s life experiences. The immersive simulator connects all operators and personnel with a high-fidelity 3-Dimensional process simulation and virtual walkthrough the environment. Operator Training Simulators allow operators to train on a computer in an identical environment to the control room.

Immersive Simulator Market Dynamics:

The major driving factors of immersive simulator market are such as, automotive, food and beverages, oil and gas, chemicals and medical industry. Another driving factor for immersive simulator market is entertainment industry like, whenever we are watching the weather report, the speaker remains standing in front of changing weather maps. Engineering design is also a major driving factor such as, this can be used for conferencing of the complex model.

There are some challenges of immersive simulator such as, rapid iteration is required to create realistic and correct experiences in training simulations. Another challenge of an immersive simulator is, it needs the real-time software system that integrates components for user interaction, simulation, scenario and scene modeling. Some opportunities in the immersive simulator market are such as, in tracking system, it can be used for tracking objects in the real and virtual world. The display system is also an opportunity for immersive simulator such as, in resolution, flexibility, and field-of-view of various equipments.

One of the major opportunity is in the medical field; this is due to recent developments in imaging technology. There are some latest trends in the immersive simulator market are such as, simulators from Immersive technologies are being used to develop future mining equipment operators in the various countries. Immersive simulators are being used for train truck fewer system operators. Another trend is that immersive simulators can be used for productivity gain and safety improvements.

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mmersive Simulator Market Regional Overview:

The global immersive simulator market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). APEJ holds the major share in the global immersive simulator market regarding application and revenue sharing. Followed by APEJ, North America and Latin America are expected to grow relatively at a higher CAGR during the forecast period since the use of immersive simulator market improves the various operations in many industries. The global immersive simulator market in Japan is well established and expected to grow at average CAGR over the forecast period. MEA is expected to expand at sluggish growth rate due to lack of technology advancement in this region.

Immersive Simulator Market Prominent Players:

Applied Research Associate Inc.
Aveva Group Plc
ESI Group
Immerse Learning
Schneider Electric SE
Siemens AG
Designing Digitally Inc.
Mass Virtual Inc.
Samahnzi (Pty) Ltd.
Talent Swarm

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

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