Email
Password
Remember meForgot password?
    Log in with Twitter
Press Release

Driving Simulator Market by Simulator Type , Vehicle Type and Application - Global Forecast to 2025

Driving Simulator Market by Simulator Type (Driving Training Simulator & Advanced Driving Simulator (Autonomous)), Vehicle Type, Application (Research & Testing and Training), Training Simulator Type, & Region - Global Forecast to 2025

This press release was orginally distributed by SBWire

Northbrook, IL -- (SBWIRE) -- 03/23/2019 -- The report "Driving Simulator Market by Simulator Type (Driving Training Simulator & Advanced Driving Simulator (Autonomous)), Vehicle Type, Application (Research & Testing and Training), Training Simulator Type, & Region - Global Forecast to 2025", The global driving simulator market is projected to grow from USD 1.7 billion in 2019 to reach USD 2.4 billion by 2025, at a CAGR of 6.32%.

Browse 39 market data Tables and 33 Figures spread through 113 Pages and in-depth TOC on "Driving Simulator Market"

The growth of the driving simulator market is influenced by factors such as shortage of skilled drivers, increased focus on R&D activities, and the growing safety measures for driving in Europe and North America.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=171814690

European region is expected to lead the market during the forecast period

Europe is expected to be the largest global driving simulator market. In Europe, Germany is estimated to be the largest driving simulation market in the region. The German automotive industry is an internationally renowned innovation hub. Approximately 70% of the world's premium cars are manufactured by German OEMs. The region's vibrant R&D landscape and technological excellence with over 100 automotive electronics-related study programs every year justify the region's dominance in the field of connectivity, vehicle electronics, and self-driving cars. Additionally, the development of the intelligent transportation system would also drive the European driving simulator market.

Advanced driving simulator market is expected to grow at the fastest CAGR

The advanced driving simulator segment is expected to be the fastest global driving simulator market. The advanced simulators encompass the entire structure of a real vehicle. They are generally manufactured in a dome shape and provide a 360° view for driving. The dome is assembled on a motion platform with a high degree of freedom—up to 9 degrees. Many OEMs such as Ford, Daimler, Toyota, Honda, and BMW have installed advanced driving simulators for R&D purposes.

Request Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=171814690

Asia Pacific: China is expected to lead the Asia Pacific market
The Asia Pacific region is estimated to be the fastest growing market. Asia Pacific comprises emerging economies such as China and India, along with developed nations such as Japan, and is the largest market for automobiles. In recent years, the region has emerged as a hub for automobile production. Infrastructural developments and industrialization in the emerging economies have opened new avenues, creating several opportunities for automotive OEMs. In addition, the growing awareness about driving safety measures has triggered the demand for driving simulators.

The major driving simulator market players are Mechanical Simulation Corporation (US), Cruden B.V. (Netherlands), ECA GROUP (France), Moog (US), and Oktal (France).

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/driving-simulator-market-171814690.html

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com

For more information on this press release visit: http://www.sbwire.com/press-releases/driving-simulator-market-by-simulator-type-vehicle-type-and-application-global-forecast-to-2025-1178874.htm

Media Relations Contact

Mr. Shelly Singh
MarketsandMarkets™ INC.
Telephone: 18886006441
Email: Click to Email Mr. Shelly Singh
Web: http://www.marketsandmarkets.com

Latest News
Top News