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Global Driving Simulator Market: By Vehicle Type: Passenger Car, Commercial Vehicle; By Simulator Type: Compact Simulator, Full-Scale Simulator, Advanced Simulator; By Application; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Driving Simulator Market Outlook

The global driving simulator market attained a value of nearly USD 1.7 billion in 2020. The market is further expected to grow at a CAGR of 8% in the forecast period of 2022-2027 to attain a value of about USD 2.7 billion by 2026.

 

Global Driving Simulator Market

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Increasing Need for Skilled Drivers to Propel the Market Growth of Driving Simulator

The  market for driver simulator is being aided by the rising demand for skilled drivers due to the increased incidences of accidents caused by human errors. Thus, the urgent need for drivers that can handle a variety of conditions while maintaining control of the vehicle has been propelling the market growth. With the help of a virtual environment, the driving simulator teaches the driver how to avoid collisions from all angles, which has enabled to healthy adoption. Further, the driving simulator industry is expected to benefit from the investments and developments of technologies, which is projected to aid the market growth in the coming years.

 

The Asia Pacific to Provide Significant Growth Opportunities to the Driving Simulator Industry

With the significant presence of developing economies, improving lifestyles of the consumers, a growing number of metro cities, and a robustly growing population, the passenger automobile manufacturing and sales in the Asia Pacific have witnessed a healthy growth. This has contributed to the growing demand for driving simulator. Further, China, South Korea, India, and Japan are projected to implement strict vehicle and road safety laws, which is expected to propel the market growth in the region in the coming years.

 

Driving Simulator: Market Segmentation

Driving simulator is a technology that was developed to train drivers in a virtual environment. It is used for both entertainment and education. It also helps to improve driving conditions and skills by providing sufficient instructions to the driver. The simulator's sensors also keep track of the driver's reaction time, efficiency in dealing with circumstances, and attention. The sensors also give data that is used to better assess and develop the driver assistance system.

 

Global Driving Simulator Market by Segment

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Based on vehicle type, the market is bifurcated into:

  • Passenger Car
  • Commercial Vehicle

By simulator type, the industry is segmented into:

  • Compact Simulator
  • Full-Scale Simulator
  • Advanced Simulator

On the basis of application, the market is categorised into:

  • Training
  • Motor Sports and Gaming
  • Research and Testing

By end use, the industry is segmented into:

  • Automotive 
  • Marine
  • Aviation

The EMR report looks into the regional markets of driving simulator like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Driving Simulator Market by Region

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Increasing Focus on Skilled Drivers and Safety for Emergency Services to Bolster the Growth of the Driving Simulator Industry

Driving simulators are tailored with modern technology, such as 3D visualisation and 360-degree perspective, for categories demanding unique requirements in terms of driving instruction simulation. Police, military troops, firemen, and ambulance drivers all benefit from professional simulators for defence, police, and ambulance training. These simulations allow drivers and riders to improve their emergency response skills. Thus, the growing popularity and adoption of these simulators for professional training are expected to catalyse the growth of the market in the coming years.

 

Key Industry Players in the Global Driving Simulator Market

The report gives a detailed analysis of the following key players in the global driving simulator market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Thales Group
  • Moog Inc.
  • AVSimulation
  • Ansible Motion Limited
  • L3Harris Technologies, Inc.
  • CAE Inc.
  • Boeing
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Vehicle Type, Simulator Type, Application, End Use, Region
Breakup by Vehicle Type Passenger Car, Commercial Vehicle
Breakup by Simulator Type Compact Simulator, Full-Scale Simulator, Advanced Simulator
Breakup by Application Training, Motor Sports and Gaming, Research and Testing
Breakup by End Use  Automotive, Marine, Aviation
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Thales Group, Moog Inc., AVSimulation, Ansible Motion Limited, L3Harris Technologies, Inc., CAE Inc., Boeing, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Driving Simulator Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Driving Simulator Historical Market (2017-2021) 
    8.3    Global Driving Simulator Market Forecast (2022-2027)
    8.4    Global Driving Simulator Market by Vehicle Type
        8.4.1    Passenger Car
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Commercial Vehicle
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Driving Simulator Market by Simulator Type
        8.5.1    Compact Simulator
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Full-Scale Simulator
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Advanced Simulator
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
    8.6    Global Driving Simulator Market by Application
        8.6.1    Training
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Motor Sports and Gaming
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Research and Testing
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
    8.7    Global Driving Simulator Market by End Use 
        8.7.1    Automotive 
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Marine
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Aviation
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
    8.8    Global Driving Simulator Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Thales Group
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Moog Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    AVSimulation
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Ansible Motion Limited
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    L3Harris Technologies, Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    CAE Inc.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Boeing
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Driving Simulator Market: Key Industry Highlights, 2016 and 2026
2.    Global Driving Simulator Historical Market: Breakup by Vehicle Type (USD Billion), 2017-2021
3.    Global Driving Simulator Market Forecast: Breakup by Vehicle Type (USD Billion), 2022-2027
4.    Global Driving Simulator Historical Market: Breakup by Simulator Type (USD Billion), 2017-2021
5.    Global Driving Simulator Market Forecast: Breakup by Simulator Type (USD Billion), 2022-2027
6.    Global Driving Simulator Historical Market: Breakup by Application (USD Billion), 2017-2021
7.    Global Driving Simulator Market Forecast: Breakup by Application (USD Billion), 2022-2027
8.    Global Driving Simulator Historical Market: Breakup by End Use (USD Billion), 2017-2021
9.    Global Driving Simulator Market Forecast: Breakup by End Use (USD Billion), 2022-2027
10.    Global Driving Simulator Historical Market: Breakup by Region (USD Billion), 2017-2021
11.    Global Driving Simulator Market Forecast: Breakup by Region (USD Billion), 2022-2027
12.    North America Driving Simulator Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    North America Driving Simulator Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Europe Driving Simulator Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Europe Driving Simulator Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Asia Pacific Driving Simulator Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Asia Pacific Driving Simulator Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Latin America Driving Simulator Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Latin America Driving Simulator Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Middle East and Africa Driving Simulator Historical Market: Breakup by Country (USD Billion), 2017-2021
21.    Middle East and Africa Driving Simulator Market Forecast: Breakup by Country (USD Billion), 2022-2027
22.    Global Driving Simulator Market Structure

Key Questions Answered in the Report

In 2020, the global driving simulator market attained a value of nearly USD 1.7 billion.

The market is projected to grow at a CAGR of 8% between 2022 and 2027.

The major industry drivers include the growing popularity and adoption of these simulators, developing economies, improving lifestyles of the consumers, a growing number of metro cities, and a robustly growing population.

The key industry trends include the increasing focus on skilled drivers and safety for emergency services.

The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and the Asia Pacific with the Asia Pacific accounting for the largest share in the market.

Based on vehicle type, the market is bifurcated into passenger car and commercial vehicle.

By simulator type, the industry is segmented into compact simulator, full-scale simulator, and advanced simulator.

On the basis of application, the market is categorised into training, motor sports and gaming, research and testing.

The end-uses include automotive, marine, and aviation.

The major players in the industry are Thales Group, Moog Inc., AVSimulation, Ansible Motion Limited, L3Harris Technologies, Inc., CAE Inc., and Boeing, among others.

Analyst Review

The global driving simulator market attained a value of USD 1.7 billion in 2020, driven by the rising need for skilled drivers due to high rates of accidents. Aided by the growing technological advancements and growing number of metro cities, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its vehicle types, the global driving simulator industry can be segmented into passenger car and commercial vehicle. By simulator type, compact simulator, full-scale simulator, and advanced simulator are the various segments. On the basis of application, the market is divided into training, motor sports and gaming, research and testing. By end-use, automotive, marine, and aviation are the various segments. The major regional markets for the driving simulator are North America, Latin America, Europe, Middle East and Africa, and the Asia Pacific, with the Asia Pacific accounting for the largest share of the market. The key players in the above market include Thales Group, Moog Inc., AVSimulation, Ansible Motion Limited, L3Harris Technologies, Inc., CAE Inc., and Boeing, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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