Global Automotive Driving Simulator Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Vehicle Type;

Passenger Car, and Commercial Vehicle

By Application;

Research and development, and Training.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn499615511 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Automotive Driving Simulator Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Driving Simulator Market was valued at USD 158.36 million. The size of this market is expected to increase to USD 197.43 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.2%.

The Global Automotive Driving Simulator Market is experiencing rapid growth driven by advancements in automotive technology and the increasing emphasis on safety and efficiency in vehicle design. Driving simulators have emerged as invaluable tools for automotive manufacturers, enabling them to test and refine vehicle performance, safety systems, and driver-assistance features in a controlled virtual environment. These simulators replicate real-world driving conditions with remarkable fidelity, allowing engineers to conduct extensive testing without the need for physical prototypes, thereby reducing development costs and time-to-market.

The growth of the automotive driving simulator market is the rising demand for autonomous vehicles. As manufacturers strive to develop fully autonomous driving systems, they rely heavily on driving simulators to validate the performance and safety of these systems under various scenarios and conditions. Moreover, driving simulators are instrumental in training and certifying autonomous vehicle operators, providing them with realistic scenarios to enhance their skills and readiness for real-world deployment. As the autonomous vehicle industry continues to expand, the demand for advanced driving simulators is expected to soar, driving further market growth.

The increasing focus on driver safety and the need to comply with stringent regulatory standards are fueling the adoption of automotive driving simulators across the globe. These simulators enable manufacturers to assess the impact of design changes on vehicle safety and conduct virtual crash tests to evaluate occupant protection systems. Additionally, driving simulators play a crucial role in driver training programs, allowing learners to practice various driving scenarios in a safe and controlled environment. With automotive safety regulations becoming more stringent worldwide, the demand for driving simulators equipped with advanced safety features is projected to escalate, driving market expansion in the foreseeable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Automotive Driving Simulator Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Emphasis on Vehicle Safety
        2. Cost and Time Efficiency in Product Development
        3. Growing Demand for Driver Training and Education
      2. Restraints
        1. Complexity of Simulation Software and Integration
        2. Limited Accessibility and Training Resources
        3. High Initial Investment Costs
      3. Opportunities
        1. Integration of Virtual Reality (VR) and Augmented Reality (AR) Technologies
        2. Focus on Customization and Specialization
        3. Rising Demand for Electric and Autonomous Vehicles
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Driving Simulator Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. Passenger Car
      2. Commercial Vehicle
    2. Global Automotive Driving Simulator Market, By Application, 2020 - 2030 (USD Million)
      1. Research and development
      2. Training
    3. Global Automotive Driving Simulator Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ansible Motion Ltd.
      2. AutoSim AS
      3. CAE Inc.
      4. Cruden
      5. Dallara Group Srl
      6. Mechanical Simulation Corp.
      7. Moog Inc.
      8. MTS System Corp.
      9. NVIDIA Corp.
      10. OKTAL SYDAC
  7. Analyst Views
  8. Future Outlook of the Market