Driving Simulator Market

Industry Overview

From USD 1.5 billion in 2022 to USD 3.6 billion in 2030, the global driving simulator market is expected to expand at a CAGR of 7.6 percent. The demand for driving simulators is mainly driven by an increase in the demand for professional drivers as a result of the high rate of road accidents, increasing air traffic, upcoming high-speed rail projects, and substantial R&D investments in autonomous vehicles. The demand for driving simulators has grown in both developing and developed countries.

Today's industries, such as railways, aviation, automobile, marine, and security, are experiencing a driver shortage. Since human error causes more than 90% of all injuries, a driving simulator is a much-needed advancement. The driving simulator is a technology that uses a simulated world to teach the driver how to prevent collisions from all directions.

Segmentation

Based on the Simulator Type

•    Compact Simulator
• Full-Scale Simulator
•    Advanced Driving Simulators

In terms of sales, the compact simulator segment dominated the market in 2019 and is projected to continue to do so over the forecast period. Due to their small size, compact driving simulators are used for a variety of applications, including cars, bikes, trucks, and buses. Furthermore, as opposed to other system types, such as full-scale and advanced simulators, compact simulators are more cost-effective. As a result, they are commonly used for training purposes by driving schools and local driving instructors.

Based on the Application

•    Research & Testing
•    Training
•    Motorsports & Gaming

In 2019, the research and testing segment dominated the industry, and it is expected to rise at the fastest rate during the forecast period. This is due to the introduction of self-driving cars. Automobile manufacturers around the world are pouring money into research and development in order to bring fully autonomous vehicles to market.

Based on the End User

•    Advanced Driving Simulator
•    Training Driving Simulator
•    Professional Training Simulator

During the forecast era, the advanced driving simulator segment is projected to hold the largest market share. This is due to its technological features, such as the 360-degree viewing angle and motion platform, which provide a realistic experience. Advanced driving simulators aid in the development of intelligent highway designs and human behavior studies because testing of technologically modified vehicle dynamics necessitates an augmented environment for study and research.

By Region

•    North America
•    Asia Pacific
•    Europe
•    Rest of the World (RoW)

Improving lifestyles, a growing number of metro cities, and a rapidly growing population have all contributed to an increase in passenger car production and sales in Asia Pacific. A few Asia Pacific countries, such as Japan and South Korea, have safety regulations in place, and demand in these countries is expected to increase over the next five years. Due to their rising populations and vehicle demand, China, South Korea, India, and Japan are required to implement strict vehicle and road safety regulations. Factors such as a lack of infrastructure and an increase in the number of injuries are likely to increase the demand for qualified drivers, resulting in a demand for training simulators.

Trends

Today's industries, such as railways, aviation, automobile, marine, and security, are experiencing a driver shortage. Since human error causes more than 90% of all injuries, a driving simulator is a much-needed advancement. The driving simulator is a technology that uses a simulated world to teach the driver how to prevent collisions from all directions. A 360-degree view and a motion platform with up to 9 degrees of freedom allow the device to perform this purpose. This device aids the driver in maintaining control of the situation. As a result, a driving simulator is more effective and significantly improves safety.

Market Drivers

The lack of qualified drivers, the professional training needed for new locomotive pilots, and the increased focus on driver and passenger safety are all expected to drive the growth of the driving simulator market in the forecast period. Furthermore, the rising accident rate and the increased emphasis on research and development are some of the factors expected to propel the driving simulator market forward. In addition, the rising number of air traffic and airport projects around the world, police and emergency vehicle simulators, and advances in autonomous and semi-autonomous vehicles will all contribute to the growth of the driving simulator market in the coming years.

Opportunity

Simulators for police and emergency vehicles prove to be an opportunity in this market. Driving simulators are customized with advanced technology such as 3D visualization and 360-degree view for categories needing particular needs in terms of driving training simulation. Police, military forces, firefighters, and ambulance drivers all benefit from professional simulators for security, police, and ambulance training. These simulators provide training for crew and vehicle safety, mission tension, speed, obstacles, traffic hazards, and road users, allowing drivers and riders to improve their emergency response proficiency. The popularity of these simulators is increasingly growing around the world.

Challenges

The lack of requirements and benchmarks for developing and implementing a simulation-based virtual environment is a major challenge for the driving simulator industry. Driving simulators are designed to solve issues that have been found during implementation. Simulation allows users to design, create, and validate the basic R&D processes in the majority of cases. In addition, the criteria for verifying and validating established prototypes vary from one vendor to the next. Driving simulator vendors lack the assumptions, specifications, and metrics necessary to comprehend how simulation can be combined with an application to address device and process issues. The need to establish specifications for driving simulators is becoming more pressing.

COVID-19 Impact on the Automotive Engine Management System

COVID-19 has caused production to stop, profits to plummet, and key players in a variety of industries to buckle down and reconsider their strategies. The production and sales of trucks, trains, wagons, and other vehicles have been impacted by rescheduling model and project launches, stabilizing dealer networks, closely controlling cash flow, and evaluating investment portfolios around the world, resulting in a drop in the driving simulator market for professional training in 2020 as opposed to 2019. Because of the pandemic, the development and installation of various technical training simulators in industries such as automotive and transportation, logistics, and aerospace and defense are expected to slow. The pandemic has had a negative effect on major countries with a significant market share, resulting in fewer driving simulators being built.

Key Players:

Some of the key players are:

•    Cruden B.V.
•    Cassidian
•    ECA Group
•    Tecknotrove Simulator System Pvt. Ltd
•    Adacel Technologies
•    Moog, Inc.
•    CAE, Inc.
•    Nvidia Corporation
•    MTS Systems Corporation
•    AutoSim AS
•    IPG Automotive GmbH
•    Virage Simulation, Inc.
•    Ansible Motion Ltd.
•    CXC Simulationss
•    AVSimulation
•    VI – grade Gmbh

Recent News

•    Corys unveiled a new feature in April 2020 that allows workers to train and maintain their skills remotely. The company has completed the creation of a new web portal that provides remote access to operator training simulators through a cloud-based simulation environment.

•    The TecknoSIM Airside VR, the new virtual reality solution for training ground operations staff, was released in July 2019. Without disturbing active ramp operations, TecknoSIM VR allows for successful practical training in a very realistic environment.

•    Lockheed Martin Corporation Rotary Mission Systems awarded Adacel Systems Inc. a subcontract to support the Army Training Aids, Devices, Simulators, and Simulations (TADSS) Maintenance Program in February 2019. (ATMP).

Source: VynZ Research

Source: VynZ Research

1.    Research Overview 

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Simulator Type
                1.2.2.    By Application Type
                1.2.3.    By End-User
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Research Methodology
                1.5.1.    Data Sources
                        1.5.1.1.    Primary Research
                        1.5.1.2.    Secondary Research
                1.5.2.    Methodology
                        1.5.2.1.    Data Exploration
                        1.5.2.2.    Forecast Parameters
                        1.5.2.3.    Data Validation
                        1.5.2.4.    Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By Simulator Type
                5.1.1.    Compact Simulator 
                        5.1.1.1.    Market Definition
                        5.1.1.2.    Market Estimation and Forecast to 2030
                5.1.2. Full-Scale Simulator
                        5.1.2.1.    Market Definition
                        5.1.2.2.    Market Estimation and Forecast to 2030
                5.1.3.    Advanced Driving Simulator
                        5.1.3.1.    Market Definition
                        5.1.3.2.    Market Estimation and Forecast to 2030
        5.2.    By Application
                5.2.1.    Research & Testing
                        5.2.1.1.    Market Definition
                        5.2.1.2.    Market Estimation and Forecast to 2030
                5.2.2.    Training
                        5.2.2.1.    Market Definition
                        5.2.2.2.    Market Estimation and Forecast to 2030
                5.2.3.    Motorsports & Gaming
                        5.2.3.1.    Market Definition
                        5.2.3.2.    Market Estimation and Forecast to 2030
        5.3.    By End User
                5.3.1.    Advanced Driving Simulator
                        5.3.1.1.    Market Definition
                        5.3.1.2.    Market Estimation and Forecast to 2030
                5.3.2.    Training Driving Simulator
                        5.3.2.1.    Market Definition
                        5.3.2.2.    Market Estimation and Forecast to 2030
                5.3.3.    Professional Training Simulator
                        5.3.3.1.    Market Definition
                        5.3.3.2.    Market Estimation and Forecast to 2030

6.    North America Market Estimate and Forecast

        6.1.    By Simulator Type 
        6.2.    By Application
        6.3.    By End User
        6.4.    By Country
                6.4.1.    The U.S. Market Estimate and Forecast
                6.4.2.    Canada Market Estimate and Forecast
                6.4.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Simulator Type 
        7.2.    By Application
        7.3     By End User
        7.4.    By Country
                7.4.1.    Germany Market Estimate and Forecast
                7.4.2.    France Market Estimate and Forecast
                7.4.3.    The U.K. Market Estimate and Forecast
                7.4.4.    Italy Market Estimate and Forecast
                7.4.5.    Spain Market Estimate and Forecast
                7.4.6.    Russia Market Estimate and Forecast
                7.4.7.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Simulator Type
        8.2.    By Application
        8.3     By End User
        8.4.    By Country 
                8.4.1.    China Market Estimate and Forecast
                8.4.2.    Japan Market Estimate and Forecast
                8.4.3.    India Market Estimate and Forecast
                8.4.4.    South Korea Market Estimate and Forecast
                8.4.5.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Simulator Type
        9.2.    By Application
        9.3     By End User
        9.4.    By Country
                9.4.1.    Brazil Market Estimate and Forecast
                9.4.2.    Saudi Arabia Market Estimate and Forecast
                9.4.3.    South Africa Market Estimate and Forecast
                9.4.4.    U.A.E. Market Estimate and Forecast
                9.4.5.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    Cruden B.V. 
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Cassidian 
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    ECA Group 
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    Tecknotrove Simulator System Pvt. Ltd 
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Adacel Technologies
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Moog, Inc.
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    CAE, Inc.
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    Nvidia Corporation
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    MTS Systems Corporation
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.  AutoSim AS
                10.10.1.    Snapshot
                10.10.2.    Overview
                10.10.3.    Offerings
                10.10.4.    Financial Insight
                10.10.5.    Recent Developments
        10.11.  IPG AUTOMOTIVE GMBH
              10.11.1.    Snapshot
                10.11.2.    Overview
                10.11.3.    Offerings
                10.11.4.    Financial Insight
                10.11.5.    Recent Developments
        10.12.  Virage Simulation, Inc
                10.12.1.    Snapshot
                10.12.2.    Overview
                10.12.3.    Offerings
                10.12.4.    Financial Insight
                10.12.5.    Recent Developments
        10.13.  Ansible Motion Ltd.
                10.13.1.    Snapshot
                10.13.2.    Overview
                10.13.3.    Offerings
                10.13.4.    Financial Insight
                10.13.5.    Recent Developments
        10.14. CXC Simulations
                10.14.1.    Snapshot
                10.14.2.    Overview
                10.14.3.    Offerings
                10.14.4.    Financial Insight
                10.14.5.    Recent Developments 
        10.15.  AV Simulation
                10.15.1.    Snapshot
                10.15.2.    Overview
                10.15.3.    Offerings
                10.15.4.    Financial Insight
                10.15.5.    Recent Developments 
        10.16.  VI – grade Gmbh
                10.16.1.    Snapshot
                10.16.2.    Overview
                10.16.3.    Offerings
                10.16.4.    Financial Insight
                10.16.5.    Recent Developments 

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Driving Simulator Market Size, By Simulator Type, 2018 – 2022 (USD Billion)
Table 5 Global Driving Simulator Market Size, By Simulator Type, 2023 – 2030 (USD Billion)
Table 6 Global Driving Simulator Market Size, By Application, 2018 – 2022 (USD Billion)
Table 7 Global Driving Simulator Market Size, By Application, 2023 – 2030 (USD Billion)
Table 8 Global Driving Simulator Market Size, By End User, 2018 – 2022 (USD Billion)
Table 9 Global Driving Simulator Market Size, By End User, 2023 – 2030 (USD Billion)
Table 10 Global Driving Simulator Market Size, by Region, 2018 – 2022 (USD Billion)
Table 11 Global Driving Simulator Market Size, by Region, 2023 – 2030 (USD Billion)
Table 12 North America Driving Simulator Market Size, By Simulator Type, 2018 – 2022 (USD Billion)
Table 13 North America Driving Simulator Market Size, By Simulator Type, 2023 – 2030 (USD Billion)
Table 14 North America Driving Simulator Market Size, By Application, 2018 – 2022 (USD Billion)
Table 15 North America Driving Simulator Market Size, By Application, 2023 – 2030 (USD Billion)
Table 16 North America Driving Simulator Market Size, By End User, 2018 – 2022 (USD Billion)
Table 17 North America Driving Simulator Market Size, By End User, 2023 – 2030 (USD Billion)
Table 18 North America Driving Simulator Market Size, by Region, 2018 – 2022 (USD Billion)
Table 19 North America Driving Simulator Market Size, by Region, 2023 – 2030 (USD Billion)
Table 20 Europe Driving Simulator Market Size, By Simulator Type, 2018 – 2022 (USD Billion)
Table 21 Europe Driving Simulator Market Size, By Simulator Type, 2023 – 2030 (USD Billion)
Table 22 Europe Driving Simulator Market Size, By Application, 2018 – 2022 (USD Billion)
Table 23 Europe Driving Simulator Market Size, By Application, 2023 – 2030 (USD Billion)
Table 24 Europe Driving Simulator Market Size, By End User, 2018 – 2022 (USD Billion)
Table 25 Europe Driving Simulator Market Size, By End User, 2023 – 2030 (USD Billion)
Table 26 Europe Driving Simulator Market Size, by Region, 2018 – 2022 (USD Billion)
Table 27 Europe Driving Simulator Market Size, by Region, 2023 – 2030 (USD Billion)
Table 28 Asia-Pacific Driving Simulator Market Size, By Simulator Type, 2018 – 2022 (USD Billion)
Table 29 Asia-Pacific Driving Simulator Market Size, By Simulator Type, 2023 – 2030 (USD Billion)
Table 30 Asia-Pacific Driving Simulator Market Size, By Application, 2018 – 2022 (USD Billion)
Table 31 Asia-Pacific Driving Simulator Market Size, By Application, 2023 – 2030 (USD Billion)
Table 32 Asia-Pacific Driving Simulator Market Size, By End User, 2018 – 2022 (USD Billion)
Table 33 Asia-Pacific Driving Simulator Market Size, By End User, 2023 – 2030 (USD Billion)
Table 34 Asia-Pacific Driving Simulator Market Size, by Region, 2018 – 2022(USD Billion)
Table 35 Asia-Pacific Driving Simulator Market Size, by Region, 2023 – 2030 (USD Billion)
Table 36 RoW Driving Simulator Market Size, By Simulator Type, 2018 – 2022 (USD Billion)
Table 37 RoW Driving Simulator Market Size, By Simulator Type, 2023 – 2030 (USD Billion)
Table 38 RoW Driving Simulator Market Size, By Application, 2018 – 2022 (USD Billion)
Table 39 RoW Driving Simulator Market Size, By Application, 2023 – 2030 (USD Billion)
Table 40 RoW Driving Simulator Market Size, By End User, 2018 – 2022 (USD Billion)
Table 41 RoW Driving Simulator Market Size, By End User, 2023 – 2030 (USD Billion)
Table 42 RoW Driving Simulator Market Size, by Region, 2018 – 2022 (USD Billion)
Table 43 RoW Driving Simulator Market Size, by Region, 2023 – 2030 (USD Billion)
Table 44 Snapshot – Cruden B.V. 
Table 45 Snapshot – Cassidian 
Table 46 Snapshot – ECA Group 
Table 47 Snapshot – Tecknotrove Simulator System Pvt. Ltd 
Table 48 Snapshot – Adacel Technologies
Table 49 Snapshot – Moog, Inc.
Table 50 Snapshot – CAE, Inc.
Table 51 Snapshot – Nvidia Corporation
Table 52 Snapshot – MTS Systems Corporation
Table 53 Snapshot – AutoSim AS
Table 54 Snapshot – IPG AUTOMOTIVE GMBH
Table 55 Snapshot – Virage Simulation, Inc
Table 56 Snapshot – Ansible Motion Ltd.
Table 57 Snapshot –CXC Simulationss
Table 58 Snapshot – AVSimulationCXC Simulationss
Table 59 Snapshot – VI – grade Gmbh.

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Driving Simulator Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Driving Simulator Market Highlight
Figure 12 Global Driving Simulator Market Size, By Simulator Type, 2018 – 2030 (USD Billion)
Figure 13 Global Driving Simulator Market Size, By Application, 2018 – 2030 (USD Billion)
Figure 14 Global Driving Simulator Market Size, By End User Type, 2018 – 2030 (USD Billion)
Figure 15 Global Driving Simulator Market Size, by Region, 2018 – 2030 (USD Billion)
Figure 16 North America Driving Simulator Market Highlight
Figure 17 North America Driving Simulator Market Size, By Simulator Type, 2018 – 2030 (USD Billion)
Figure 18 North America Driving Simulator Market Size, By Application, 2018 – 2030 (USD Billion)
Figure 19 North America Driving Simulator Market Size, By End User Type, 2018 – 2030 (USD Billion)
Figure 20 North America Driving Simulator Market Size, by Region, 2018 – 2030 (USD Billion)
Figure 21 Europe Driving Simulator Market Highlight
Figure 22 Europe Driving Simulator Market Size, By Simulator Type, 2018 – 2030 (USD Billion)
Figure 23 Europe Driving Simulator Market Size, By Application, 2018 – 2030 (USD Billion)
Figure 24 Europe Driving Simulator Market Size, By End User, 2018 – 2030 (USD Billion)
Figure 25 Europe Driving Simulator Market Size, by Region, 2018 – 2030 (USD Billion)
Figure 26 Asia-Pacific Driving Simulator Market Highlight
Figure 27 Asia-Pacific Driving Simulator Market Size, By Simulator Type, 2018 – 2030 (USD Billion)
Figure 28 Asia-Pacific Driving Simulator Market Size, By Application, 2018 – 2030 (USD Billion)
Figure 29 Asia-Pacific Driving Simulator Market Size, By End User, 2018 – 2030 (USD Billion)
Figure 30 Asia-Pacific Driving Simulator Market Size, by Region, 2018 – 2030 (USD Billion)
Figure 31 RoW Driving Simulator Market Highlight
Figure 32 RoW Driving Simulator Market Size, By Simulator Type, 2018 – 2030 (USD Billion)
Figure 33 RoW Driving Simulator Market Size, By Application, 2018 – 2030 (USD Billion)
Figure 34 RoW Driving Simulator Market Size, By End User, 2018 – 2030 (USD Billion)
Figure 35 RoW Driving Simulator Market Size, by Region, 2018 – 2030 (USD Billion)