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The Global Automotive Driving Simulator Market is expected to grow by $380.89 mn during 2022-2027, accelerating at a CAGR of 5.65% during the forecast period

ReportLinker
·3-min read
ReportLinker
ReportLinker

Global Automotive Driving Simulator Market 2023-2027 The analyst has been monitoring the automotive driving simulator market and it is poised to grow by $380. 89 mn during 2022-2027, accelerating at a CAGR of 5.

New York, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Automotive Driving Simulator Market 2023-2027" - https://www.reportlinker.com/p04796604/?utm_source=GNW
65% during the forecast period. Our report on the automotive driving simulator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the decrease in vehicular production costs and reduced TTM leading to increased use of driving simulators across the value chain, use of AR HUDs and HMDs to introduce inexpensive driving simulation solutions, and increase in end-user testing of Advanced Driver Assistance Systems.

The automotive driving simulator market is segmented as below:
By Vehicle Type
• Car
• Truck
• Others

By Application
• Research
• development
• Training

By Geographical Landscape
• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the development of stratiform machines to supplant hexapod machines in automotive DIL simulation applications as one of the prime reasons driving the automotive driving simulator market growth during the next few years. Also, the development of autonomous vehicles based on automotive driving simulation algorithms and the creation of low-cost simulators for testing and evaluating in-ve will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the automotive driving simulator market covers the following areas:
• Automotive driving simulator market sizing
• Automotive driving simulator market forecast
• Automotive driving simulator market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive driving simulator market vendors that include AB Dynamics plc, Ansible Motion Ltd., AutoSim AS, AV Simulation, CAE Inc., CKAS Mechatronics Pty Ltd., Cruden, CXC Simulations, Dallara Group Srl, Groupe Gorge SA, Illinois Tool Works Inc., IPG Automotive GmbH, Mechanical Simulation Corp., Moog Inc., NVIDIA Corp., OKTAL SYDAC, Spectris Plc, Tecknotrove Systems I Pvt. Ltd., Virage Simulation Inc., and Thales. Also, the automotive driving simulator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p04796604/?utm_source=GNW

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