Driving Simulator Market
Driving Simulator - Global Market Outlook (2019-2027)
According to Stratistics MRC, the 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. However, the complexities in real-time control along with high initial cost and lack of infrastructure in emerging countries are restraining the market growth.
Driving simulators is a replica of real-time driving environment. It is used for entertainment as well as for educational purpose. They are used widely for research purposes as well as to replicate complex situations while driving. These systems also monitor performance, attention, driver behaviour. While testing, the sensors installed in car provide data which is utilized to design and evaluate new advancements in driver assistance systems.
Based on simulator type, advanced driving simulator (autonomous) segment is going to have high growth during the forecast period due to the technologies incorporated in it, such as 360º viewing angle and motion platform, for a realistic experience. 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:
• 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
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Driving Simulator Market, By Transport Type
5.1 Introduction
5.2 Car
5.3 Truck & Bus
5.4 Motorbike
5.5 Ships
5.6 Rail
5.6.1 Monorail & Tram
5.6.2 Passenger Train
5.6.3 Metro
5.6.4 Freight
6 Global Driving Simulator Market, By Simulator Type
6.1 Introduction
6.2 Training Driving Simulator
6.2.1 Compact Simulator
6.2.2 Full-Scale Simulator
6.3 Advanced Driving Simulator (Autonomous)
7 Global Driving Simulator Market, By Application
7.1 Introduction
7.2 Motor Sports & Gaming
7.3 Training
7.4 Research & Testing
8 Global Driving Simulator Market, By End User
8.1 Introduction
8.2 Schools and Universities
8.3 Original Equipment Manufacturers (OEM's) and Suppliers
8.4 Marine
8.5 Transport Authorities
8.6 Aviation
8.7 Automotive
8.7.1 Customed Build Simulator
8.7.2 Racing Simulator
8.8 Training Institutions
8.9 Police
9 Global Driving Simulator Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 L3 Harris Technologies
11.2 Cruden B.V
11.3 Adacel Technologies Ltd
11.4 Cassidian
11.5 Ediser
11.6 IPG Automotive
11.7 Tecknotrove Simulator System Pvt Ltd
11.8 VI-Grade
11.9 Environmental Tectonics Corporation
11.10 Corys
11.11 ECA Group
11.12 Shrail
11.13 Transurb
11.14 Oktal Sydac
11.15 FAAC Inc
List of Tables
1 Global Driving Simulator Market Outlook, By Region (2018-2027) (US $MN)
2 Global Driving Simulator Market Outlook, By Transport Type (2018-2027) (US $MN)
3 Global Driving Simulator Market Outlook, By Car (2018-2027) (US $MN)
4 Global Driving Simulator Market Outlook, By Truck & Bus (2018-2027) (US $MN)
5 Global Driving Simulator Market Outlook, By Motorbike (2018-2027) (US $MN)
6 Global Driving Simulator Market Outlook, By Ships (2018-2027) (US $MN)
7 Global Driving Simulator Market Outlook, By Rail (2018-2027) (US $MN)
8 Global Driving Simulator Market Outlook, By Monorail & Tram (2018-2027) (US $MN)
9 Global Driving Simulator Market Outlook, By Passenger Train (2018-2027) (US $MN)
10 Global Driving Simulator Market Outlook, By Metro (2018-2027) (US $MN)
11 Global Driving Simulator Market Outlook, By Freight (2018-2027) (US $MN)
12 Global Driving Simulator Market Outlook, By Simulator Type (2018-2027) (US $MN)
13 Global Driving Simulator Market Outlook, By Training Driving Simulator (2018-2027) (US $MN)
14 Global Driving Simulator Market Outlook, By Compact Simulator (2018-2027) (US $MN)
15 Global Driving Simulator Market Outlook, By Full-Scale Simulator (2018-2027) (US $MN)
16 Global Driving Simulator Market Outlook, By Advanced Driving Simulator (Autonomous) (2018-2027) (US $MN)
17 Global Driving Simulator Market Outlook, By Application (2018-2027) (US $MN)
18 Global Driving Simulator Market Outlook, By Motor Sports & Gaming (2018-2027) (US $MN)
19 Global Driving Simulator Market Outlook, By Training (2018-2027) (US $MN)
20 Global Driving Simulator Market Outlook, By Research & Testing (2018-2027) (US $MN)
21 Global Driving Simulator Market Outlook, By End User (2018-2027) (US $MN)
22 Global Driving Simulator Market Outlook, By Schools and Universities (2018-2027) (US $MN)
23 Global Driving Simulator Market Outlook, By Original Equipment Manufacturers (OEM's) and Suppliers (2018-2027) (US $MN)
24 Global Driving Simulator Market Outlook, By Marine (2018-2027) (US $MN)
25 Global Driving Simulator Market Outlook, By Transport Authorities (2018-2027) (US $MN)
26 Global Driving Simulator Market Outlook, By Aviation (2018-2027) (US $MN)
27 Global Driving Simulator Market Outlook, By Automotive (2018-2027) (US $MN)
28 Global Driving Simulator Market Outlook, By Customed Build Simulator (2018-2027) (US $MN)
29 Global Driving Simulator Market Outlook, By Racing Simulator (2018-2027) (US $MN)
30 Global Driving Simulator Market Outlook, By Training Institutions (2018-2027) (US $MN)
31 Global Driving Simulator Market Outlook, By Police (2018-2027) (US $MN)
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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