Jul 9, 2020   SOURCE: BusinessWire

Insights on the Driving Simulator Global Market to 2026 - Key Drivers and Restraints - ResearchAndMarkets.com

The "Global Driving Simulator Market By Type, By Application, By End User, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Driving Simulator Market size is expected to reach $5.8 billion by 2026, rising at a market growth of 8.1% CAGR during the forecast period.

Driving simulators is a simulation of driving environment in the real-time. It is used for both entertainment and educational purposes. They are commonly used for research purposes and for the simulation of complex scenarios while driving. These systems also monitor driver behavior, efficiency and attention. The sensors installed in the car provide data during testing which is used to develop and evaluate new developments in driver assistance systems.

Increasing accident rate is projected to raise concern for pedestrian as well as driver & passenger safety over the coming years. According to the World Health Organization, for example, road traffic accidents result in nearly 1.35 million human losses per year. Driving simulator helps to mitigate the driving conditions shortfall by providing driver with proper training. As a result, the growing focus on driver & passenger safety is projected to accelerate the driving simulator market growth. In addition, the progressive driving simulator uses for research and development purposes are expected to increase safe driving to generate huge demand for driving simulator market.

With the introduction of Advanced Driving Assistance Systems (ADAS), demand has escalated for different features such as adaptive cruise control, automatic parking, collision avoidance system, blind-spot monitor and lane departure warning system. All through the world, automotive companies are making advances in the above-mentioned technologies to eliminate possible failures, which may cause driver injury. Hence, manufacturers put ADAS systems to check on simulators, which in turn give them a practical view of the vehicle's performance as a whole. Driving simulators therefore support manufacturers of automobiles with pre-testing capabilities for device improvements.

Companies Profiled:

  • Moog, Inc.
  • CAE, Inc.
  • Nvidia Corporation
  • MTS Systems Corporation
  • AutoSim AS
  • IPG Automotive GmbH
  • Virage Simulation, Inc.
  • Ansible Motion Ltd.
  • Cruden B.V.
  • CXC Simulations

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Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

2.1 Introduction

2.1.1 Overview

2.1.2 Executive Summary

2.1.3 Market Composition and Scenario

2.2 Key Factors Impacting the Market

2.2.1 Market Drivers

2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

3.1 Recent Industry Wide Strategic Developments

3.1.1 Partnerships, Collaborations and Agreements

3.1.2 Product Launches and Product Expansions

3.1.3 Mergers & Acquisitions

3.1.4 Geographical Expansions

3.2 Top Winning Strategies

3.2.1 Key Leading Strategies: Percentage Distribution (2015-2019)

3.2.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2015, Apr - 2019,Oct) Leading Players

Chapter 4. Global Driving Simulator Market by Type

4.1 Global Driving Simulator Compact Market by Region

4.2 Global Driving Simulator Full-Scale Market by Region

4.3 Global Driving Simulator Advanced Market by Region

Chapter 5. Global Driving Simulator Market by Application

5.1 Global Driving Simulator Research & Testing Market by Region

5.2 Global Driving Simulator Training Market by Region

5.3 Global Motor Sports & Gaming Driving Simulator Market by Region

Chapter 6. Global Driving Simulator Market by End Use

6.1 Global Aviation Driving Simulator Market by Region

6.2 Global Automotive Driving Simulator Market by Region

6.3 Global Marine Driving Simulator Market by Region

Chapter 7. Global Driving Simulator Market by Region

7.1 North America Driving Simulator Market

7.2 Europe Driving Simulator Market

7.3 Asia Pacific Driving Simulator Market

7.4 LAMEA Driving Simulator Market

Chapter 8. Company Profiles

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