What is the Impact of the COVID-19 Crisis on the Driving Simulator Market? September 27, 2021
Driving Simulator: Introduction
The driving simulator is a technology that helps the driver to avoid collisions from all directions with the help of a virtual environment. Currently, major industries including automotive, aviation, railways, and marine are experiencing a shortage of skilled drivers, which in turn is estimated to boost the simulator market across the globe. In April 2020, Corys introduced a new feature providing remote training opportunities to train and maintain skills of employees. The company completed development of its new web portal, providing access to operator training simulators in remote locations via a cloud-based simulation environment.
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Key Drivers of Driving Simulator Market
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Rising trend toward autonomous driving is likely to boost the driving simulator
market. Rise in adoption of artificial intelligence in vehicles is prompting vehicle manufacturers to develop autonomous vehicles. Enactment of stringent rules and regulations regarding safety standards in the vehicle is likely to further boost the driving simulator market across the globe. Major industries including automotive, marine, and aviation are investing in driving simulator technology that helps avoid collision of vehicles due to a lack of skill of driver, which in turn is anticipated to increase the demand for driving simulator in vehicles.
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Rise in integration of infotainment systems in vehicles is likely to propel the driving simulator market across the globe. Increased awareness about road safety across the globe is also prompting vehicle manufacturers to integrate advanced technology in their vehicles, which in turn is anticipated to boost the driving simulator market across the globe. Major original equipment manufacturers are investing in autonomous vehicles where the demand for driving simulators is high. This is likely to fuel the simulator market across the globe.
Europe & Asia Pacific to hold significant share of global Driving Simulator Market
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Europe is projected to account for a major share of the global driving simulator market due to a rise in the demand for autonomous vehicles. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Robert Bosch GmbH, Denso Corporation, and Continental AG who have major facilities that undertake research & development on the advanced safety features in vehicles, which is likely to propel the driving simulator market across the region.
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Followed by Europe, Asia Pacific is projected to hold a significant share of the global driving simulator market due to an enactment of stringent norms regarding safety features in vehicles. Enactment of stringent vehicle and road safety regulations across China, India, and Japan is anticipated to propel the driving simulator market across Asia Pacific.
Key Players Operating in Driving Simulator Market
The driving simulator market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the driving simulator market are:
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Cruden B.V.
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Cassidian
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ECA Group
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Tecknotrove Simulator System Pvt. Ltd
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Adacel Technologies
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AVSimulation
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Ansible Motion
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VI-Grade Motion GmbH
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IPG Automotive GmbH
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Bosch Rexroth AG
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Continental AG
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Valeo
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BMW
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Infineon Technologies
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Hyundai Mobis
Global Driving Simulator Market: Research Scope
Global Driving Simulator Market, by Vehicle Type
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Passenger Vehicle
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Light Commercial Vehicle
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Heavy Duty Truck
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Bus & Coach
Global Driving Simulator Market, by Application
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Testing & Research
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Training
Global Driving Simulator Market, by Simulator Type
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Compact Simulator
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Full-Scale Simulator
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Advanced Simulator
Global Driving Simulator Market, by Operation
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Manual Vehicle
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Semi-Autonomous Vehicle
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Autonomous Vehicle
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