Global Driving Simulator market is accounted for $1.39 billion in 2019 and is expected to reach $3.04 billion by 2027 growing at a CAGR of 10.2% during the forecast period. Increasing focus on research & development, professional training requirement for new locomotive pilots and shortage of skilled drivers are driving the growth of the market.
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By geography, Asia Pacific is going to have lucrative growth during the forecast period due to improving lifestyles, rising number of metro cities and steadily growing population in the region.
Some of the key players profiled in the Driving Simulator Market include L3 Harris Technologies, Cruden B.V, Adacel Technologies Ltd, Cassidian, Ediser, IPG Automotive, Tecknotrove Simulator System Pvt Ltd, VI-Grade, Environmental Tectonics Corporation, Corys, ECA Group, Shrail, Transurb, Oktal Sydac, and FAAC Inc.
Transport Types Covered in Driving Simulator Market
• Car
• Truck & Bus
• Motorbike
• Ships
• Rail
Simulator Types Covered:
• Training Driving Simulator
• Advanced Driving Simulator (Autonomous)
Applications Covered:
• Motor Sports & Gaming
• Training
• Research & Testing
End Users Covered:
• Schools and Universities
• Original Equipment Manufacturers (OEM’s) and Suppliers
• Marine
• Transport Authorities
• Aviation
• Automotive
• Training Institutions
• Police
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