Automotive Driving Simulator Market will Accelerate at a CAGR of about 3% through 2021-2025|Decrease In Vehicular Production Costs And Reduced TTM Leading To Increased Use Of Driving Simulators Across Value Chain to upheave Growth|Technavio

NEW YORK, June 1, 2021 /PRNewswire/ —

Set to grow by USD 194.26 million during 2021-2025, Technavio’s latest market research report estimates the automotive driving simulator market to register a CAGR of about 3%. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Receive Latest Free Sample Report in Minutes 

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ansible Motion Ltd., AutoSim AS, CAE Inc., Cruden, Dallara Group Srl, Mechanical Simulation Corp., Moog Inc., MTS System Corp., NVIDIA Corp., and OKTAL SYDAC are some of the major market participants. The technological advances in the processing power department, decrease in vehicular production costs, and reduced TTM leading to increased use of driving simulators across the value chain, and use of AR HUDs and HMDs to introduce inexpensive driving simulation solutions will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Automotive Driving Simulator Market 2021-2025: Segmentation

Automotive Driving Simulator Market is segmented as below:

  • Application
    • Research And Development
    • Training
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

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Automotive Driving Simulator Market 2021-2025 : Vendor Analysis and Scope
To help businesses improve their market position, the automotive driving simulator market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Ansible Motion Ltd., AutoSim AS, CAE Inc., Cruden, Dallara Group Srl, Mechanical Simulation Corp., Moog Inc., MTS System Corp., NVIDIA Corp., and OKTAL SYDAC.

The report also covers the following areas:

  • Automotive Driving Simulator Market size
  • Automotive Driving Simulator Market trends
  • Automotive Driving Simulator Market industry analysis

The development of autonomous vehicles based on automotive driving simulation algorithms is likely to emerge as one of the primary drivers of the market. However, factors such as high price of overcoming lag-induced SAS may threaten the growth of the market.

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Backed with competitive intelligence and benchmarking, our research reports on the automotive driving simulator market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

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Automotive Driving Simulator Market 2021-2025 : Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist automotive driving simulator market growth during the next five years
  • Estimation of the automotive driving simulator market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive driving simulator market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive driving simulator market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • COVID-19 impact on consumer discretionary sector
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Research and development – Market size and forecast 2020-2025
  • Training – Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Competitive scenario
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Ansible Motion Ltd.
  • AutoSim AS
  • CAE Inc.
  • Cruden
  • Dallara Group Srl
  • Mechanical Simulation Corp.
  • Moog Inc.
  • MTS System Corp.
  • NVIDIA Corp.
  • OKTAL SYDAC

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio’s in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal.  Receive Latest Free Sample Report in Minutes 

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Report: https://www.technavio.com/report/automotive-driving-simulator-market-industry-analysis

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