A motion simulator incorporating hardware components such as driving controls, screens, resolution, and mirrors is known as an automotive driving simulator. Driving simulators are used for a variety of purposes, including amusement, research, and advanced training. In 2017, the global market for automobile driving simulators earned revenue of US$ 123.5 million, up from US$ 120.3 million in 2016. With a CAGR of 2.9 percent throughout the projected period, the automotive driving simulator market is expected to produce revenue of US$ 155.1 million by 2025.
In 2017, the research segment dominated the automotive driving simulator market.
The Automotive Driving Simulator Market is divided into three categories based on application: entertainment, research, and training. In 2017, the research segment dominated the automotive driving simulator market, and it is likely to continue to do so over the forecast period. With a CAGR of 2.8 percent during the projected period, the research segment earned revenue of US$ 81.6 million in 2017 and is expected to reach US$ 101.5 million by 2025. The market for driving simulators has grown rapidly as more people use them for research purposes. Driving simulators offer a wide range of uses, including driver behavior research, human-machine interaction research, and road and landscape design.
Furthermore, the industry is likely to rise as more vehicle makers use driving simulations to design interiors or test advanced driving assistance systems. For example, the VI-grade GmbH stated in May 2018 that Subaru, a Japanese automaker, has adopted its Compact Driving Simulator solution. The growing usage of various in-vehicle infotainment systems, such as satellite navigation systems, e-mail systems, and mobile phone connectivity, has boosted demand for simulators, which play an important role in determining the safety and utility of such devices.
In 2017, North America dominated the market for automotive driving simulators.
The global automotive driving simulator market is divided into four regions: North America, Europe, Asia Pacific, and the Rest of the World. North America dominated the automotive driving simulator market in 2017 and is expected to continue to do so during the forecast period. North America made $56.6 million in sales in 2017 and is predicted to make $70.2 million in 2025, with a CAGR of 2.7 percent over the projection period. The United States and Canada are two main economies in this area that are driving the expansion of the automobile driving simulator industry. The government is encouraging the use of driving simulators in order to prevent accidents and improve infrastructure.
Key Players in the Global Automotive Driving Simulator Market
autism AS, Teknotrove Simulator System Pvt. Ltd, OKTAL, Cruden B.V., Mechanical Simulation Corporation, Dallara, Moog, Inc., IPG Automotive, ECA-Group, and Ansible Motion are among the leading participants in the worldwide automotive driving simulator industry.
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