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Automotive Driving Simulators Market Size, Share & Industry Analysis, By Product Type ( Compact Driving Simulators, Full-Scale Driving Simulators, Advanced Driving Simulators ), By Application Type ( Training Institutions, Research & Testing, Entertainment, Others ) and regional Forecast, 2024-2032

Region : Global | Report ID: FBI104083 | Status : Ongoing

 

KEY MARKET INSIGHTS

Automotive driving simulators are type of motion simulators which consists of several hardware components such as mirrors, driving controls, screens, and resolution. They are used in wide range of applications including training, entertainment, and research and testing. The driving simulator can be used to monitor the behaviour of the drivers and train them to drive safely. These simulators form an essential part of the global driver training. They have found compelling applications in the automotive industry, especially in evaluating the development of new cars. In addition, automotive driving simulators have great potential in advanced driver assistance systems. Major factors such as rise in the driving safety measures, shortage of skilled drivers, and increasing focus on research and development activities have positively affected the growth of the automotive driving simulators. Also, the autonomous vehicle technology is projected to emphasise on the elimination of fatal accidents on the road and its design algorithm is likely to support in the vehicle's decision-making process. In the past few years, the in-vehicle infotainment systems have attracted several car buyers. This has created a need to include in-vehicle infotainment systems in newly manufactured vehicles, thereby stimulating the demand for automotive driving simulators. Moreover, the number of projects related to the development of connected cars in developing countries continues to increase, which is a significant factor driving the automotive driving simulator market across the globe.


Market Segmentation:


Globally, the automotive driving simulators market is segmented by product type, by application type, and by geographic coverage. The product type is further segmented into compact driving simulators, full-scale driving simulators, and advanced driving simulators. The compact driving simulators accounts for the largest share in the global market in terms of revenue and is expected to uphold its leading position over the forecast period. The compact driving simulators are used in a variety of applications such as buses, cars, trucks, and bicycles owing to their small size. Besides, these compact simulators are easily portable than other simulators such as advanced and full-size simulators. Hence, they are extensively used for training purposes by the driving agencies and local driving trainers. The advanced driving simulators are also expected to show a significant growth in the global market owing to the technologically advanced features that provide a realistic experience to the trainees. Also, the automotive companies have started using the driving simulators to test the advanced vehicle dynamics such as steering, braking, aerodynamics, and acceleration in an enhanced environment. The application type is further segmented into training institutions, research and testing, entertainment among others. The research and testing segment currently holds the major share in the global market and is estimated to grow at a higher rate over the forecast period. This dominance in the market is attributed to the introduction of autonomous vehicles coupled with the rising adoption of automotive driving simulators for R&D activities. Simulation-based training helps expose drivers to multiple challenging situations in a controlled surrounding. In addition, driving simulators are used to train skilled drivers to develop advanced driving skills among them. Thus the utilization of driving simulators to train drivers can improve the driving skills of new as well as expert drivers.

Key Market Driver -

Increasing driver and vehicle safety and lack of skilled drivers to train is expected to drive the growth of the market in the forecast period.

Key Market Restraint -

High initial cost and lack of infrastructure may hamper the growth of the market during the forecast period.


Key Players:


Major players operating in the global automotive driving simulators market include Mechanical Simulation Corporation, Teknotrove Simulator System Pvt. Ltd, IPG Automotive, OKTAL, AutoSim AS, Moog, Inc., Ansible Motion, and Tecknotrove Simulators among others.

Key Insights 



  • New Advancements in automotive driving simulators

  • Number of Products, Key Countries, 2019

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the automotive driving simulators market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Europe accounts for the major revenue share in the global market owing to the presence of prominent automotive manufacturers such as Daimler, Volkswagen, BMW and Renault. Germany is one of the leading contributors in the European automotive industry as it is known for the automotive innovation hub which actively participates in developing technologically advanced high-performance and fuel-efficient vehicles. Moreover, the stringent norms and favourable polices for the safety of vehicles as well as the increasing investment in research and development in the automotive sector are expected to boost the European market. Europe is followed by North America in the global market owing to the government’s support for encouraging the utilization of driving simulators to avoid road fatalities and enhance the technological advancements. Also, the introduction of several projects related to the development of advanced driver assistance systems coupled with the rising demand for automotive driving simulators in various economies is also likely to propel the growth of the market.

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Segmentation






















ATTRIBUTES    

DETAILS        

By Product Type



  • Compact Driving Simulators

  • Full-Scale Driving Simulators

  • Advanced Driving Simulators



By Application Type



  • Training Institutions

  • Research & Testing

  • Entertainment

  • Others



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



 


  • Ongoing
  • 2023
  • 2019-2022

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