Global Driving Simulator Market 2024

Global Driving Simulator Market 2024

Driving simulators find utility in driver's education programs offered by educational institutions and private entities like driving schools. They are also instrumental in the automotive sector for developing and evaluating new vehicles and advanced driver assistance systems. Moreover, driving simulators play a vital role in human factors studies and medical research by observing driver behavior, performance, and attention.

According to the latest research, the global driving simulator market is poised to grow by USD 350.2 million during 2024-2030, progressing at a CAGR of 6.9% during the forecast period. The passenger cars segment is poised for substantial growth in the forecast period, driven by rising demand in driving schools for passenger vehicle training. Within the application types, the testing and research segment exhibits significant growth potential due to ongoing advancements aimed at providing cutting-edge simulators to address clients' and original equipment manufacturers' (OEMs) challenges. Consequently, the testing and research segment commands the largest market share.

Full-scale simulators dominate the market share owing to their versatility in customization and emulation of real-world traffic scenarios, such as overtaking and driving under various conditions like intoxication. This realism has garnered widespread acceptance from OEMs and testing entities, further fueling market adoption.

Market drivers include the escalating demand for simulators in autonomous vehicle training and the growing necessity for skilled drivers. However, the complexity associated with these simulators may pose challenges, potentially impacting market growth negatively.

This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the simulator type, application, vehicle type, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.

The global driving simulator market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.

The global market for driving simulator can be segmented by simulator type: compact simulator, full-scale simulator, advanced simulator. The full-scale simulator segment held the largest share of the global driving simulator market in 2023, accounting for more than 51.9% of the total market.

Driving simulator market is further segmented by application: training, testing and research. Globally, the testing and research segment made up the largest share of the driving simulator market.

Based on vehicle type, the driving simulator market is segmented into: passenger cars, commercial vehicles. The passenger cars segment was the largest contributor to the global driving simulator market in 2023.

On the basis of region, the driving simulator market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Europe was the highest contributor to the global driving simulator market, with 38.6% share in 2023. Going forward, Asia-Pacific is projected to witness the highest CAGR during the forecast period.

The global driving simulator market report offers detailed information on several market vendors, including AB Dynamics plc, Ansible Motion Ltd., ASR Advanced Simulated Reality GmbH, Autosim AS, AVSimulation, Cruden BV, Dynisma Ltd., IPG Automotive GmbH, Tecknotrove Simulator System Pvt. Ltd., Thales S.A., VI-grade GmbH, Virage Simulation Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Why Choose This Report

Gain a reliable outlook of the global driving simulator market forecasts from 2024 to 2030 across scenarios.

Identify growth segments for investment.

Stay ahead of competitors through company profiles and market data.

The market estimate for ease of analysis across scenarios in Excel format.

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Market Segments Covered in Global Driving Simulator Industry Analysis:

i.) Simulator type

• Compact simulator
• Full-scale simulator
• Advanced simulator

ii.) Application

• Training
• Testing and research

iii.) Vehicle type

• Passenger cars
• Commercial vehicles

iv.) Region

• North America
• Europe
• Asia-Pacific
• MEA (Middle East and Africa)
• Latin America