Driving Simulation Market size is poised to cross USD 8.66 billion by the end of 2035, growing at a CAGR of 10.20% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of driving simulation was over USD 2.7 billion. The growth of the market can be attributed to the surge in the road accidents across the globe. A driving simulation allows the learners to face different road conditions, and events in order to face them easily. In addition, it will reduce accidents owing to the bad road conditions, and it is expected to boost the growth of the global market. As per the reported data by the World Health Organization, nearly 1.3 Million people die every year, as a result of road traffic crashes across the globe.
Simulations are already been used among the aviation and marine industries in order to train their pilots and crew members through giving real-time experience. Furthermore, simulations are used for the vehicles learners to handle critical situations. In addition, the risk associated with the passengers can be reduced through developing of skills in the training session. Furthermore, there have been increasing commercial vehicles for transporting goods from one location to another, and it is expected to boost the growth of the global driving simulation market.
Growth Drivers
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~10.20% |
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Base Year Market Size (2022) |
~ USD 2.7 Billion |
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Forecast Year Market Size (2035) |
~ USD 8.66 Billion |
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Regional Scope |
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Vehicle Type (Passenger, Commercial Vehicles)
The global driving simulation market is also segmented and analyzed for demand and supply by vehicle type into passenger, and commercial vehicles. Out of these, the passenger vehicles are expected to have a significant share over the forecast period. The growth of the segment can be attributed to the rise in the sale of passenger vehicles across the globe. In addition, people are more concerned about their own safety as well as the passenger safety so in order to correct decision at the right time while driving is predicted to drive the growth of the segment in the upcoming years. Additionally, there has been rising innovation in passenger cars, in order to get automatic parking, and systems in the vehicles, is further predicted to surge the growth of the segment in the market. In the year 2020, the total number of passenger cars registered in China was more than 240.0 million, representing a 7 percent increase from the previous year.
Simulation Type (Full-Scale, Compact Simulation)
The global driving simulation market is segmented and analyzed for demand and supply by simulation type into full-scale, and compact simulation. Out of these, the compact simulation segment is anticipated to hold the largest share over the forecast period. This can be attributed to the rising use of compact simulations for various purposes such as cars, bikes, and others, as they are small in size as compared to the full-size simulations. Moreover, they are less costly for the driving training institutes, and easily accessed by all the local drivers. In addition, it can be installed in a small space and doesn’t require a large infrastructure for the operations. Hence, it is projected to rise the growth of the compact simulation segment in the market.
Our in-depth analysis of the global market includes the following segments:
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By Vehicle Type |
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By Simulation Type |
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By Application |
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Europe Market Forecast
The driving simulation market in Europe is projected to be the largest with a share of about ~33% by the end of 2035. The growth of the market can be attributed majorly to the presence of leading automotive manufacturers in the region. In addition, these manufacturers are using driving simulations in order to test the performance of the vehicles, and it is anticipated to rise the growth of the market in the region. Moreover, there has been the adoption of new technologies in the form of automated parking systems, connected cars, and others that are further expected to expand the market’s growth in the region. It is projected that more than 40 percent of all the vehicles in operation in the Europe region could have advanced or basic connectivity by the end of 2035. In addition, there has been a surge in the investment by the vehicle companies for research and development in vehicle sector to advance the cars in relation to various features such as ADAS. Hence, it is anticipated to rise the market’s growth in the region.
North American Market Forecast
The North America driving simulation market is estimated to be the second largest, registering a share of about ~27% by the end of 2035. The growth of the market can be attributed majorly to the strict adoption of environmental norms in relation to emissions. These norms lead to the requirement for changes in the engines that will be checked through the driving simulation. In addition, the vehicles with the clearing report for the emissions will have more demand in the consumers. Therefore, it is expected to surge the growth of the market in the region. Furthermore, the rising support from the government for autonomous cars is further anticipated to surge the growth of the market in the region. The United States has implemented a net zero emissions till the year 2050.
APAC Market Statistics
Further, the driving simulation market in the Asia Pacific is projected to witness the fastest growth by the end of 2035. The growth of the market can be attributed majorly to the increasing frequency of the increasing training centers, followed by the rising population in countries such as China, and India. Moreover, the emerging countries attract more manufacturers for the manufacturing of the products, as the raw material and labor costs are low in the countries. In addition, the growing research and development operations in the Asia Pacific region for the better performance of the vehicles are further predicted to increase the market’s growth in the region during the forecast period
Anthony Best Dynamics Limited announced the acquisition of Ansible Motion Limited, in order to supply advanced simulation products and services to the motorsport and automotive industries.
Cruden B.V. announced the purchase of nine driver-in-the-loop (DIL) simulators for the BMW Group's new FIZ Driving Simulator Centre in Munich in 2020.
Author Credits: Harshita Srivastava, Saima Khursheed
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