Global Driving Simulator Market Analysis & Outlook, 2019-2025 – Increased Emphasis on R&D to Propel the Growth of Advanced Driving Simulators

DUBLIN, March 28, 2019 /PRNewswire/ — The “Driving Simulator Market by Simulator Type (Driving Training Simulator & Advanced Driving Simulator (Autonomous)), Vehicle Type, Application (Research & Testing and Training), Training Simulator Type, & Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The global driving simulator market is estimated to grow from USD 1.7 billion in 2019 to reach USD 2.4 billion by 2025, at a CAGR of 6.32%.

Increased emphasis on traffic safety is expected to boost the driving simulator market. However, complications in real-time control and integration complexities create a hurdle for the growth of the driving simulator market.

The driving simulator market comprises major manufacturers such as Mechanical Simulation Corporation (US), Cruden B.V. (Netherlands), ECA Group (France), Moog (US), and Oktal (France).

Increased emphasis on research & development is likely to propel the growth of advanced driving simulators during the forecast period

The advanced driving simulator segment is the fastest and the largest growing driving simulator market. The advanced driving simulators are installed for research & development purposes of autonomous vehicles and are expected to experience rapid growth, as all OEMs are aiming to provide highly efficient vehicles. Component testing can be done with the help of advanced driving simulators in a safe environment and at relatively low cost.

Asia Pacific market is expected to register the fastest growth during the forecast period

The Asia Pacific market is expected to witness the fastest growth, followed by North America. It is expected to grow rapidly as many OEMs are shifting their R&D facilities to countries such as China, India, and Japan because of the availability of innovative technologies and low investment cost.

Europe is expected to be the largest market during the forecast period

Europe is expected to be the largest driving simulator market, followed by North America. It is home to leading vehicle manufacturers such as Volkswagen, Renault, and Daimler. The European automotive industry has witnessed rapid development because the government adopted favorable policies in the manufacturing sector. Germany is estimated to account for the largest share of the European driving simulator market during the forecast period.

The European automotive industry is highly inclined toward innovation, technology, and development of high-performance and fuel-efficient vehicles. Factors such as stringent driving safety norms and rising investment in research & development in the automotive industry are expected to propel the European driving simulator market.

Key Topics Covered

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.3.1 Markets Covered

1.3.2 Years Considered for the Study

1.4 Currency

1.5 Limitations

1.6 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Secondary Data

2.2.1 Key Secondary Sources

2.2.2 Key Data From Secondary Sources

2.3 Primary Data

2.3.1 Sampling Techniques & Data Collection Methods

2.3.2 Primary Participants

2.3.3 Key Data From Primary Sources

2.4 Market Size Estimation

2.4.1 Top-Down Approach

2.5 Market Breakdown and Data Triangulation

2.6 Assumptions

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Driving Simulator Market

4.2 Europe to Lead the Driving Simulator Market By 2025

4.3 Driving Simulator Market in Europe, By Vehicle Type and Country

4.4 Driving Simulator Market, By Application Type

4.5 Driving Simulator Market, By Vehicle Type, USD Million, 2019 vs 2025

4.6 Driving Simulator Market, By Simulator Type

4.7 Automotive Driving Simulator Market, By Driving Training Simulator Type

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Shortage of Skilled Drivers

5.2.1.2 Increasing Focus on R&D Activities

5.2.2 Restraints

5.2.2.1 Complexities in Real-Time Control

5.2.3 Opportunities

5.2.3.1 Increasing Developments in the Field of Autonomous and Semi-Autonomous Vehicles

5.2.4 Challenges

5.2.4.1 Integration Complexities

5.2.4.2 Lack of Benchmark and Standards in the Driving Simulator Market

6 Industry Trends

6.1 Introduction

6.2 Technology Analysis

6.2.1 HMI (Human-Machine Interface)

6.2.2 AI

6.2.3 ADAS (Advanced Driver Assistance System)

6.3 Emerging Trend: Vr Simulator

6.4 Open Source Software for Autonomous Vehicles

6.4.1 Apollo

6.4.2 Autoware

6.4.3 Eb Robinos & Eb Robinos Predictors – Elektrobit

6.4.4 NVIDIA Driveworks

6.4.5 Openpilot

7 Driving Simulator Market, By Application Type

7.1 Introduction

7.2 Research Methodology

7.3 Research & Testing

7.3.1 Europe to Lead the Driving Simulator Market in Research & Testing

7.4 Training

7.4.1 Asia Pacific Training Simulator Market to Grow at the Highest CAGR

7.5 Key Primary Insights

8 Driving Simulator Market, By Simulator Type

8.1 Introduction

8.2 Research Methodology

8.3 Driving Training Simulator

8.3.1 North America to Lead the Driving Training Simulator Market

8.4 Advanced Driving Simulator (Autonomous)

8.4.1 Asia Pacific Market for Advanced Simulators to Grow at the Highest CAGR

8.5 Key Primary Insights

9 Driving Simulator Market, By Driving Training Simulator Type

9.1 Introduction

9.2 Research Methodology

9.3 Compact Simulator

9.3.1 Europe to Lead the Compact Simulator Market

9.4 Full-Scale Simulator

9.4.1 Asia Pacific Market for Full-Scale Simulators to Grow at the Highest CAGR

9.5 Key Primary Insights

10 Driving Simulator Market, By Vehicle Type

10.1 Introduction

10.2 Research Methodology

10.3 Car Simulator

10.3.1 North America to Lead the Car Simulator Market

10.4 Truck & Bus Driving Simulator

10.4.1 North America to Lead the Truck & Bus Simulator Market

10.5 Key Primary Insights

11 Driving Simulator Market, By Region

11.1 Introduction

11.2 Asia Pacific

11.2.1 China

11.2.1.1 Car Simulator Segment to Lead the Chinese Simulator Market

11.2.2 Japan

11.2.2.1 Presence of Key OEMs Such as Honda and Toyota is Expected to Drive Japanese Driving Training Simulator Market

11.2.3 India

11.2.3.1 India is Estimated to Be the Fastest Growing Market as OEMs are Moving Their R&D Base to the Country Owing to Its Cost Effectiveness

11.2.4 South Korea

11.2.4.1 Increasing Adoption of High-End Technology and Innovations is Expected to Drive South Korean Market

11.2.5 Rest of Asia Pacific

11.2.5.1 Car Simulator is Estimated to Grow at Significant Growth Rate in Rest of Asia Pacific

11.3 Europe

11.3.1 France

11.3.1.1 Rise in Automotive Technology Will Boost the Market With Maximum Share in Driving Training Simulator Market

11.3.2 Germany

11.3.2.1 Germany is Estimated to Lead the Market Owing to Presence of Innovative OEMs Such as Mercedes-Benz, BMW, Audi and Volkswagen

11.3.3 Spain

11.3.3.1 Spain is Projected to Be the Second Fastest Growing Market in European Region

11.3.4 Italy

11.3.4.1 Car Simulator is Estimated to Be the Largest Driving Training Simulator Market By Vehicle Type

11.3.5 UK

11.3.5.1 Truck & Bus Simulator is the Fastest Growing Segment in UK

11.3.6 Rest of Europe

11.3.6.1 Steady Growth to Be Seen in Rest of Europe

11.4 North America

11.4.1 US

11.4.1.1 Aggressive Stance on Road Safety to Drive the US Simulator Market

11.4.2 Canada

11.4.2.1 Bus & Truck Simulator to Have High Growth Potential

11.4.3 Mexico

11.4.3.1 Mexico to Have Highest Growth in North American Region

11.5 Rest of the World

11.5.1 Brazil

11.5.1.1 Gradual Technological Growth Will Cause the Automotive Simulation Market to Rise

11.5.2 Iran

11.5.2.1 Increasing Investments By Leading Omes in Iran Will Propel Driving Simulator Market

11.5.3 Rest of RoW

11.5.3.1 Bus & Truck Simulator to Witness Fastest Growth

12 Competitive Landscape

12.1 Overview

12.2 Market Ranking Analysis

12.3 Competitive Scenario

12.3.1 Partnerships/Supply Contracts/Collaborations/ Joint Ventures/Agreements

12.4 Competitive Leadership Mapping for Training and Driving Simulator Manufacturers/Providers

12.4.1 Visionary Leaders

12.4.2 Innovators

12.4.3 Dynamic Differentiators

12.4.4 Emerging Companies

12.5 Competitive Leadership Mapping for Autonomous Driving Simulators Manufacturers/Providers

12.5.1 Visionary Leaders

12.5.2 Innovators

12.5.3 Dynamic Differentiators

12.5.4 Emerging Companies

13 Company Profiles

13.1 Key Players

13.1.1 Cruden B.V

13.1.2 Mechanical Simulation Corporation

13.1.3 Moog

13.1.4 ECA Group

13.1.5 Rexroth

13.1.6 Tecknotrove Simulator System Pvt. Ltd

13.1.7 NVIDIA

13.1.8 Autosim AS

13.1.9 IPG Automotive
13.1.10 Dallara
13.1.11 Ansible Motion
13.1.12 CAE Value

13.2 Other Key Players

13.2.1 North America

13.2.1.1 Ford

13.2.1.2 General Motors

13.2.1.3 Virage Simulation

13.2.1.4 Waymo

13.2.2 Europe

13.2.2.1 Daimler

13.2.2.2 BMW

13.2.2.3 Volkswagen

13.2.2.4 Volvo

13.2.2.5 Aimotive

13.2.2.6 Oktal

13.2.2.7 Carla

13.2.2.8 AB Dynamics

13.2.2.9 XPI Simulation

13.2.2.10 VI-Grade

13.2.2.11 RFPRO

13.2.3 Asia Pacific

13.2.3.1 Toyota

13.2.3.2 Nissan

13.2.3.3 Cvedia

13.2.3.4 Honda

13.2.4 Rest of the World

13.2.4.1 Cognata

For more information about this report visit https://www.researchandmarkets.com/research/dzqlrf/global_driving?w=5

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