SIMULATED TRAIN MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Simulated Train Market, By Component (Hardware (Simulators, Panels/Consoles, Monitors, Others), Software (On-premise, Cloud-based), Services (Integration, Maintenance, Support)), By Simulator Type (Driving Simulators, Signal Simulators, Traffic Simulators, Disaster Simulators, Others), By geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments

New product launches

In March 2021, Simutech Multimedia, a developer of simulation-based electrical troubleshooting training software, launched the Siumultech Ultimate immersive train simulator with 8K visuals and real-world physics. It provides hyperrealistic training for operators.
In January 2022, CM Labs, developer of the Vortex simulation platform, released Vortex Simulator version 2022A with enhanced locomotive modeling for more accurate virtual training
In June 2020, ETC-PZL Aerospace Industries, a provider of virtual solutions, launched the PZL-050 flight simulator for helicopter pilot training featuring high-fidelity visuals

Acquisition and partnerships

In October 2021, Alstom, transit engineering design and construction firm, acquired B&C Transit, a leading player in train simulators and e-learning for the North American market. This expanded Alstom’s simulation portfolio.
In July 2020, Siemens, a German multinational technology conglomerate, partnered with CM Labs to integrate the Vortex Studio simulator with Siemens training solutions for more immersive operator experiences
In March 2019, Thales, a manufactures electrical systems, has acquired Guavus, a real-time AI analytics company, to strengthen its railway operations simulation and analytics offerings

Simulated Train Market Report Snapshots