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Automotive driving Simulator Market Forecast, Research Overview and Key Companies Analysis by 2028

September 1, 2021

The global automotive driving simulator market is expected to reach a market size of USD 5.96 Billion by 2028 at a steady CAGR over the forecast period, according to latest analysis by Emergen Research. The report provides detailed insights into automotive driving simulator market size, market trends, industry trends, consumer trends, market forecast, revenue share growth, along with ranging impacts of each driver on market size. It also provides analysis of various factors expected to restrain or limit potential growth in automotive driving simulator market size over the forecast period, 2020–2028. Rising demand for driver simulators to enable novice driver to train and practice, and for driving tests to secure a driver’s license are some key factors driving demand for car driving simulators. The report includes profiles of major players in the automotive driving simulator market, strategies being employed/deployed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Growing adoption of simulators for vehicle testing, increasing investment by government and private investors, and rapid technological advancements in driver simulator technologies and related software and hardware are other key factors supporting revenue growth of the global automotive driving simulator market. Global automotive driving simulator market size expansion is significantly supported by contribution from major segments and increasing deployment in a range of applications.While conducting primary research, the researchers observed that the rapid growth of the automotive driving simulator market through the forecast duration is driven by the niche and emerging opportunities for the producers engaged in the worldwide automotive driving simulator market. In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of automotive driving simulator market share contribution of these countries. In addition, automotive driving simulator market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries. The worldwide automotive driving simulator market has been categorized as product, end-user, and major geographic regions.

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For the purpose of this report, Emergen Research has segmented the global automotive driving simulator market based on application, transport type, simulator type, end-use, and region:

Application Outlook (Revenue: USD Billion; 2024–2028)
- Training
- Research and Testing

Transport Type Outlook (Revenue: USD Billion; 2024–2028)
- Car
- Truck and Bus
- Train
- Ships
- Aircraft

Simulator Type Outlook (Revenue: USD Billion; 2024–2028)
- Training Simulator
  1. Compact Simulator
  2. Full-Scale Simulator
- Advanced Driving Simulator

End-Use Outlook (Revenue: USD Billion; 2024–2028)
- Automotive
  1. Customed build Simulator
  2. Racing Simulator
- Marine
- Aviation
- Rail

Regional Outlook (Revenue: USD Billion; 2024–2028)
- North America
  1. U.S.
  2. Canada
- Europe
  1. Germany
  2. U.K.
  3. France
  4. BENELUX
  5. Rest of Europe
- Asia Pacific
  1. China
  2. India
  3. Japan
  4. South Korea
  5. Rest of APAC
- Latin America
  1. Brazil
  2. Rest of LATAM
- Middle East & Africa
  1. Saudi Arabia
  2. UAE
  3. South Africa
  4. Turkey
  5. Rest of MEA

In terms of automotive driving simulator market share and revenue contribution to the global automotive driving simulator market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in automotive driving simulator market share.

The market intelligence report on the Driving Simulator Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Region wise performance of the Driving Simulator industry

In terms of automotive driving simulator market size, North America is expected to remain dominant among the other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting automotive driving simulator market size growth.

Asia Pacific automotive driving simulator market size is expected to remain steady, and register fastest revenue growth rate between 2020 and 2028. Rapid revenue growth rate in countries such as China and India is attributable to rapid growth in automotive driving simulator market size in Asia Pacific, and the trend is expected to continue going ahead.

Continuous developments in countries in Europe is expected to support growth in regional market size over the forecast period.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/547

Some Key Findings in the Report:

In February 2019, Adacel Systems Inc. became a part of Lockheed Martin’s team through a subcontract to support Training Aids, Devices, Simulators, and Simulations (TADSS), Maintenance Program (ATMP).
Aircraft segment accounted for a relatively large revenue share in the global market in 2020. Rising adoption of simulation technology in the aviation sector is a major factor driving revenue growth of this segment.
The market in Europe accounted for a major share in the global market in 2020. Key factors such as technological advancements, rising adoption of simulation technology in automotive sectors, and robust presence of key market players are driving revenue growth of the market in this region.

The research provides answers to the following key questions:

What will be the growth rate and the market size of the Driving Simulator industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the automotive driving simulator market across different regions?
Who are the major driving forces expected to decide the fate of the Driving Simulator industry worldwide?
Who are the prominent market players making a mark in the automotive driving simulator market with their winning strategies?
Which Driving Simulator industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the automotive driving simulator market?

Table of Content

Chapter 1. Methodology & Sources

1.1. automotive driving simulator market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. automotive driving simulator market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2024-2028