Market Leaders - Driving Simulator Market
The global driving simulator marketis projected to grow at a CAGR of 7.2% from USD 1.5 billion in 2020 to USD 2.1 billion by 2025. The base year for the report is 2019, and the forecast period is from 2020 to 2025. High focus on road safety and realistic driving interface provided by training simulators under low cost will boost the demand for driving simulators during the forecast period.
Safety measures regarding driving are gaining importance across the globe. Driving simulators are extensively used worldwide as tools in research & testing and training related to driving behavior and safety. Research & testing and training can be accomplished in a safe environment using virtual driving simulators as an alternative to on-road testing. In research & testing applications, researchers have tested various parameters, such as simulator sickness, fatigue, and learned behavior, to refine the simulated driving scenario for better effectiveness of simulators. For research applications, collaboration with various universities and technical labs has been a key strategy. For instance, train simulators are ideal for imparting basic training to aspiring train drivers. These simulators are portable and can impart training effectively using reaction tests, perception tests, and vision tests. Tram training simulators provide virtual reality and learning experience to trainees to carry out tram operations. Detailed attention is offered to parameters, such as speed, brakes, and vibrations, as these denominations can be used by supervisors to calibrate the skills of the aspiring drivers.
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Players in the market like ECA Group, Oktal Sydac, Cruden B.V, and VI-grade design simulator applications for cars, buses, commercial & firefighting trucks, trains, airport vehicles, and police vehicles, which are specifically for driver training, rehabilitation, evaluation, and research.
The global driving simulators market is dominated by major players Cruden B.V. (Netherlands), Cassidian (Germany), ECA Group (France), Tecknotrove Simulator System Pvt. Ltd (India), and Adacel Technologies (Australia). The key strategies adopted by these companies to sustain their market position are new product developments, partnerships, expanisons, collaborations, acquisitions, and contracts & agreements.
Cruden B.V is one of the leading players in the driving simulator market. Cruden has strong presence in the automotive and marine industries. For the simulation market, it provides complete technology solutions such as software, hardware, vehicle modeling, and visual system and audio. Along with this, the company has a strong customer base worldwide; it serves established brands such as Mercedes-Benz, Lamborghini, BMW, Audi, and Porsche.
Cassidian is one of the leading players in this market. The company has a diverse product portfolio with standalone applications to cater to different vehicle simulation types of rail and road vehicles. Along with a wide product range, Cassidian has a strong customer base worldwide, as its training and simulation systems are actively present in Germany, France, the Netherlands, Italy, the UK, Turkey, and the Middle East.
Tecknotrove is one of the leading manufacturers of training simulators. It is a private company founded in 2002 and headquartered in Mumbai, India. It specializes in the design and manufacturing of advanced training simulators for a variety of surface vehicles and specialty equipment. The company uses interactive 3D technology to create training applications that allow customers to experience real-time, situational training and build their skills in a practical and cost-effective way. The company has installed various projects for private and government organizations worldwide, which include military, airport, mining, and automotive projects.
Related Reports:
Driving Simulator Market by Application (Training and Research & Testing), Vehicle Type(Car Simulator and Truck & Bus Simulator), Simulator Type(Training Simulator and Advanced Driving Simulator), Training Simulator Type(Compact Simulator and Full-Scale Simulator), End User, Region - Forecast to 2025
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