The global driving simulator market is anticipated to register a CAGR of about 5 % during the forecast period (2020 - 2025).
- In the United States, car accidents are the major cause of death among teenagers between the ages of 15 and 18, every year approx. 3,000 teenagers die in a car accident.
- There has been a consistent increase in the demand for advanced safety features in compact and mid-sized automobiles which propelled the growth of the driving simulator market. After conducting several tests on sensors, cameras and various subsystems in the vehicle, the safety features equipped with these components will attain a certain level of reliability and efficiency in their operations.
- Simulators are one of the important aspects of the development and testing of new vehicles. The simulator's result helps engineers in taking important decisions during building the prototype and testing the vehicle in the track.
- The automotive industry is heading towards autonomous vehicles. Major automaker companies, technology giants, and specialist start-ups have invested more than USD 50 billion over the past five years, to develop autonomous vehicle (AV) technology, with 70% of the money coming from other than the automotive industry. At the same time, public authorities see that AVs offer huge potential economic and social benefits.
Key Market Trends
Autonomous Vehicle Acts as a Growth Engine for Market
The vehicle manufacturers are investing heavily in autonomous car technology and making partnerships to develop the best autonomous vehicle. As autonomous vehicles require an enormous quantity of data collecting and processing. The entire data is shared between IoT connected cars and is uploaded wirelessly to a cloud system, to be analyzed and used for improving automation. For instance,
BMW Group has invested around USD 110 million for a new driving simulation center in Munich, this is the company's most advanced facility for the development of autonomous driving systems. BMW group research is expecting to start working here by 2020.
In 2019, The FCA Automotive Research and Development Centre inaugurated a new Vehicle Dynamics Simulator lab, which features a VI-grade DiM250 simulator. The new system uses nine actuators to perform all motion of a vehicle.
North America is Expected to Lead the Market
North America, led by the United States, which is one of the most technologically superior markets in the world. There is rapid growth for Level 2 and Level 3 autonomous cars in this region, equipped with advanced driver assistance systems, like collision detection, lane departure warning, and adaptive cruise control. While other upper-level autonomous cars have also been gaining support from governments and various companies, which are working together on different projects of automated driving systems technology.
In 2019, The U.S. Department of Transportation has granted USD 60 million for projects related to vehicle automation to the state departments of transportation and research institutes. In this total amount, eight grants were given to seven recipients.
In that USD 7.5 million was granted to, the University of Michigan and the American Center for Mobility, a connected vehicle testing facility in southeast Michigan. The grant will support research, development, and testing at the facilities of ACM and the University of Michigan.
On the other hand, in January 2020, Michelin installed an Ansible Motion Driver-in-the-Loop simulator at its North America R&D center. On the other hand, the company has developed the TameTire model, which can calculate the thermal and transient state of tires, in both online and offline simulation.
The global driving simulator market is fragmented with several active player's presences, which includes major existing companies and new startups. Some of the major players in the market are Cruden B.V., AutoSim AS, AVSimulation, Ansible Motion, amongst others. Most of the vehicle manufactures are working on autonomous vehicles technology, which is not possible without simulators, and in future new players will enter into the field of autonomous vehicles, which will drive the market growth in the forecast period. As the market is growing rapidly, the simulator companies are forming strategic alliances with other players in the market and incorporating the latest feature in their driving simulators. For instance,
- In 2019, VI-grade has supplied two DiM250 compact simulators to Applus+ IDIADA. This simulator can generate longitudinal, transversal, and rotational acceleration forces up to 2.5g.
- In January 2020, AVSimulation signed a partnership agreement with UTAC Ceram. With this agreement, AVSimulation is planning to offer the latest Euro NCAP type test protocols apart from the regulatory protocols through its scanner platform.
- In 2019, Ansible Motion launched its new Theta C compact driving simulator. This Driver-in-the-Loop simulator includes a panoramic projection system, detailed vehicle interior, active steering torque, and seat loading systems, foot pedal, and gear select emulation, surround sound audio system.
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Table of Contents
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
- 4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
- 5.1 By Vehicle Type
- 5.1.1 Passenger Car
- 5.1.2 Commercial Vehicle
- 5.2 By Application Type
- 5.2.1 Training
- 5.2.2 Testing
- 5.2.3 Research
- 5.3 By Simulator Type
- 5.3.1 Compact Simulator
- 5.3.2 Full-Scale Simulator
- 5.3.3 Advanced Simulator
- 5.4 By Geography
- 5.4.1 North America
- 188.8.131.52 United States
- 184.108.40.206 Canada
- 220.127.116.11 Rest of North America
- 5.4.2 Europe
- 18.104.22.168 Germany
- 22.214.171.124 United Kingdom
- 126.96.36.199 France
- 188.8.131.52 Rest of Europe
- 5.4.3 Asia-Pacific
- 184.108.40.206 India
- 220.127.116.11 China
- 18.104.22.168 Japan
- 22.214.171.124 South Korea
- 126.96.36.199 Rest of Asia-Pacific
- 5.4.4 Rest of the World
- 188.8.131.52 Brazil
- 184.108.40.206 United Arab Emirates
- 220.127.116.11 Other Countries
6 COMPETITIVE LANDSCAPE
- 6.1 Vendor Market Share
- 6.2 Company Profiles
- 6.2.1 AutoSim AS
- 6.2.2 AVSimulation
- 6.2.3 VI-grade Gmbh
- 6.2.4 Ansible Motion
- 6.2.5 Cruden B.V
- 6.2.6 Tecknotrove Simulator System Pvt. Ltd
- 6.2.7 IPG Automotive GmbH
- 6.2.8 CAE Value
- 6.2.9 Virage Simulation
- 6.2.10 XPI Simulation
7 MARKET OPPORTUNITIES AND FUTURE TRENDS