Global Driving Simulator Market Size was valued nearly USD 1.01 billion by 2018 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.32 % during the forecast period that is 2017-2025. The industry has witnessed steady growth due to increasing demand for safety, huge innovations and R&D efforts from both the OEMs, simulators for research & development of vehicles for better efficiency, government rules and strict norms and the government regulations pertaining to driving training simulators are expected to boost the demand for the market.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global driving simulator market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global driving simulator market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Segment Analysis

This research report segments the market for driving simulator on the basis of type, application, end-user and region along with forecast of revenue and analyzing trends in each of the submarkets.

Simulator Type Insights: On the basis of type the global driving simulator market has been segmented into Driving Training Simulator, Advanced Driving Simulator (Autonomous) and others. The driving training simulator segment led the market growth in 2017 and is anticipated to be fastest growing segment over the forecast period in terms of demand and revenue. Other segment will contribute significant growth in coming years due to the products witnessing measurable demand. Each type is further described in detail in the report with value forecasts between 2017 and 2025 period.

Application Analysis: Based on application the driving simulator market has been categorized into Research & Testing, Training and others. In 2018 the training segment was valued to collect healthy growth rate and is estimated to show it’s continue dominance over the forecast period in terms of revenue. Each end-user is further described in detail in the report with value forecasts for aforementioned period.

Regional Analysis

The global driving simulator market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Europe dominated the global market and is projected to hold the largest industry share during the forecast in terms of revenue, followed by North America.  The North America is witnessed steady growth throughout forecast period in terms of demand due to the rapid development because the government adopted favorable policies in the manufacturing sector. Factors such as stringent driving safety norms and rising investment in research and development in the automotive sector are projected to propel the European market.

Global Driving Simulator Market Size, Share Analysis, By Region 2017-2025

Global Driving Simulator Market Study Objective

1. To forecast the market size of driving simulator market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of driving simulator market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of driving simulator market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of driving simulator market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the driving simulator market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of driving simulator market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of driving simulator market commercially.

Key Players Landscape

The global driving simulator market is dominated by major players such as Ansible Motion, ECA GROUP, Cruden, DALLARA, Mechanical Simulation, Moog, OKTAL (Sogeclair Group).

Global Driving Simulator Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.