Market Snapshot:
Driving simulators are highly utilized to provide training to the drivers. It leverages the use of advanced technology like VR to create a realistic road environment including scenery, geometric road structures, vehicle vibrations according to the road surface conditions, gaps, and environment in the vehicle cabin. Driving simulators are used by the training centers to prepare trainees o handle unpredictable or safety-critical tasks by avoiding risky driving. It also helps to analyze drivers’ performance under the influence of drugs, alcohol, and various weather condition.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Market Drivers
- Surging Demand for Driving Simulators in the Car Driving Training Institutions
- Growing Need for Advanced Driving Simulator to Analyze Driver Behaviors Under Different Conditions
Market Trend
- Development of Innovative Technologies to Reproduce Realistic Road Environment
Restraints
- Simulator Discomfort in the Older People May Slow Down the Adoption
Opportunities
Increasing Number of Racing Game Enthusiasts Worldwide is Likely to Create Significant Opportunities
Driving Simulator Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Driving Training and Video Games |
Type | 2D Driving Simulator and 3D Driving Simulator |
Components | Hardware,Software |
Vehicle Type | Cars,Heavy Vehicle |
Players Covered in the Study are:
VI-grade (Germany), rFpro (AB Dynamics) (United Kingdom), Zen Technologies Limited (India), CKAS Mechatronics Pty Ltd (Australia), AVSimulation (France), Carnetsoft BV. (Netherlands), Tecknotrove (India), L3Harris Technologies (United States), Ansible Motion (United Kingdom) and ECA Group (France)
The Global Driving Simulator market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Industry Insights:
In May 2021, VI-grade, the automotive driving simulation software, hardware, and services provider acquired Concurrent Real-Time, Inc. to bring its expertise to develop VI-grade’s simulation and control platforms. Concurrent is a computational hardware and software solutions company that provides software-in-the-loop, hardware-in-the-loop, and people-in-the-loop. The acquisition will allow VI-grade to grow its simulator platform ventures and integrate HiL technology into its solutions.
In 2020, AB Dynamics introduced its new, class-leading static driving simulator expands its suite of driving simulator tools. The newly launched aVDS-S static driving simulator brings unprecedented levels of driver immersion to the bus simulator segment and helps the company to enhance its growing portfolio of testing equipment that seamlessly links together to efficiently deliver highly detailed consistent results.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Driving Simulator Providers, Driving Schools, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
What can be explored with Driving Simulator study:
Where Driving Simulator industry stands in scaling its end use implementations
What concrete benefits would result from scaled initiatives by Players
Where Players should focus their investments cycle
Key success factors and recommendations for upscaling future growth.
Target Market / Country and Key Business Segments
Available Customization:
List of players that can be included in the study on immediate basis are Virage Simulation (Canada) and Moog Inc. (United States).