Techno World Automotive-Driving-Simulator-Market | Page 2

Rising adoption of driving simulators for research activities have accelerated growth of the
segment in the market. Driving simulators have broad range of applications such as in studies
concerning driver behavior, human machine interface, road and landscape design, and tunnel
design.
Moreover, increasing adoption of driving simulators by vehicle manufacturers to design interior
or to test advance driving assistance system is expected to aid in growth of the market. For
instance, in May 2018, the VI-grade GmbH announced that Subaru, a Japan-based automobile
manufacturing company, adopted its Compact Driving Simulator solution. Increasing use of
various in-vehicle infotainment systems such as satellite navigation systems, e-mail systems,
and cell phones connectivity have also increased demand for simulators, as it plays a major role
in assessing the safety and utility of such devices.
North America held dominant position in the automotive driving simulator market in
2017
On the basis of region, the global automotive driving simulator market is segmented into North
America, Europe, Asia Pacific, and Rest of the World. North America held the dominant position in
the automotive driving simulator market in 2017 and is projected to retain its dominance over
the forecast period. In 2017, North America generated a revenue of US$ 56.6 million and is
expected to reach US$ 70.2 million in 2025, with a CAGR of 2.7% over the forecast period. U.S.
and Canada are major economies driving growth of the automotive driving simulator market in
this region. The government support to encourage utilization of driving simulators to avoid
accidents and improve infrastructure to support these advanced technologies is expected to fuel
growth of the market. For instance, in 2017, the National Advanced Driving Simulator (NADS) at
the University of Iowa, conducted a study of automated driving as a part of SAFER-SIM University
Transportation Center research project. The Center is known for promoting interdisciplinary
research using simulation techniques to handle safety issues prioritized by the United States
Department of Transportation.
Moreover, increasing research and development projects for advanced technologies such as
autonomous vehicle development and connected cars is also driving growth of the automotive
driving
simulator
market
in
this
region.
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Global Automotive Driving Simulator Market – Key Players
The major players operating in the global automotive driving simulator market include AutoSim
AS, Teknotrove Simulator System Pvt. Ltd, OKTAL, Cruden B.V., Mechanical Simulation