Automotive Driving Simulator Market Report, by Product Type (Car Simulator, Truck Simulator, and Others), by Application (Research, Training, and Entertainment), and by Region (North America, Europe, Asia Pacific, Latin America Middle East, and Africa) - Size, Share, Trends, and Forecast till 2025

Published In : Oct 2018

Code : CMI617

Pages :150

Formats :

Excel and PDF

Industry : Automotive and Transportation

Automotive Driving Simulator MarketSize and Trends

Automotive driving simulator is a type of motion simulator with hardware components, including driving controls, screens, resolution, and mirrors. Driving simulators are used in applications ranging from entertainment to research and advance training. The global automotive driving simulator market generated a revenue of US$ 123.5 million in 2017, which increased from US$ 120.3 million in 2016. By 2025, the automotive driving simulator market is expected to generate a revenue of US$ 155.1 million, with a CAGR of 2.9% over the forecast period.

Research segment held dominant position in the automotive driving simulator market in 2017

On the basis of application, the global automotive driving simulator market is segmented into entertainment, research, and training. The research segment held dominant position in the automotive driving simulator market in 2017 and is expected to retain its dominance over the forecast period. The research segment generated a revenue of US$ 81.6 Million in 2017 and is expected to reach US$ 101.5 million by 2025, with a CAGR of 2.8% over the forecast period. Rising adoption of driving simulators for research activities have accelerated growth of the segment in the market. Driving simulators have broad range of applications such as in studies concerning driver behavior, human machine interface, road and landscape design, and tunnel design.

Moreover, increasing adoption of driving simulators by vehicle manufacturers to design interior or to test advance driving assistance system is expected to aid in growth of the market. For instance, in May 2018, the VI-grade GmbH announced that Subaru, a Japan-based automobile manufacturing company, adopted its Compact Driving Simulator solution. Increasing use of various in-vehicle infotainment systems such as satellite navigation systems, e-mail systems, and cell phones connectivity have also increased demand for simulators, as it plays a major role in assessing the safety and utility of such devices.