Key Takeaways from Analyst
Global ship bridge simulator market is expected to witness significant growth over the forecast period owing to growing maritime trade and freight transportation across the world. Stringent regulations regarding training of ship captains and crew will drive the demand for bridge simulators. Advancements in simulation technologies such as augmented and virtual reality are allowing development of highly realistic bridge simulators. This will support the training of crew and help reduce risks of accidents, thereby propelling the market growth.
The Asia Pacific region dominates the global market and the trend is expected to continue due to strong growth of shipping industry in China and India. Rapid expansion of container freight stations and ports in the region is raising the need for proper training infrastructure. Growing maritime trade between Asia and Europe/North America is augmenting the number of vessels and crew requiring certification.
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