PUBLISHER: TechNavio | PRODUCT CODE: 1859836
PUBLISHER: TechNavio | PRODUCT CODE: 1859836
The automotive driving simulator market is forecasted to grow by USD 436.8 mn during 2024-2029, accelerating at a CAGR of 5.6% during the forecast period. The report on the automotive driving simulator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by decrease in vehicular production costs and reduced ttm leading to increased use of driving simulators across value chain, use of ar huds and hmds to introduce inexpensive driving simulation solutions, and increase in end-user testing of advanced driver assistance systems (ADAS) and autonomy features.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 5.1% |
| CAGR | 5.6% |
| Incremental Value | $436.8 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's automotive driving simulator market is segmented as below:
By Vehicle Type
By Application
By Type
By Geographical Landscape
This study identifies the development of stratiform machines to supplant hexapod machines in automotive dil simulation applications as one of the prime reasons driving the automotive driving simulator market growth during the next few years. Also, development of autonomous vehicles based on automotive driving simulation algorithms and creation of low-cost simulators for testing and evaluating in-vehicle technologies will lead to sizable demand in the market.
The report on the automotive driving simulator market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive driving simulator market vendors that include AB Dynamics plc, Ansible Motion Ltd., AVSimulation, CKAS Mechatronics Pty Ltd., Cruden BV, CXC Simulations, Dallara Group srl, Doron Precision Systems Inc., Dynisma Ltd., FAAC Inc., IPG Automotive GmbH, Moog Inc., NVIDIA Corp., Systems Technology Inc., Tecknotrove Systems I Pvt Ltd, Vesaro Ltd., VI grade GmbH, Virage Simulation Inc., and XPI Simulation Ltd.. Also, the automotive driving simulator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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