Market Overview:
The global simulated driving market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for driverless cars and the rising number of accidents on the road. The global simulated driving market can be segmented on the basis of type into software and hardware. The software segment is expected to grow at a higher CAGR than the hardware segment during the forecast period from 2018 to 2030. This growth can be attributed to advancements in technology that are making it easier for developers to create realistic simulations. On the basis of application,the global simulated driving market can be divided into passenger vehicles and commercial vehicles.
Product Definition:
Simulated driving is the use of a computer to create a virtual environment in which a driver can operate a vehicle. This allows for training and testing without the need for an actual car or roadway. Simulated driving can be used to improve driver safety by providing practice in difficult situations, to assess risk, and to develop new technologies.
Software:
Software is the part of a vehicle that controls all the systems in a car. It helps to analyze and process information, which enables the driver to control various functions of vehicles. The software used in cars is designed for safety purposes and also comply with government regulations set for road safety across various countries.
The global market size was valued at USD 1,000 million in 2016.
Hardware:
Hardware is the devices that are installed in a vehicle to help it perform specific tasks. In current scenario, there are two types of hardware which include input/output and processor. The input/output devices mainly used for driving assistance functions such as controlling the audio system, making phone calls using Bluetooth or connecting with other devices. Whereas processor helps in running programs such as operating systems and applications which includes features like GPS navigation or playing music via USB port.
Application Insights:
The passenger vehicle segment dominated the global simulated driving market in terms of revenue share in 2017. The growth can be attributed to increasing penetration of smartphones with features such as Apple Carplay and Android Auto, which enables drivers to connect their smartphone with the car¢â‚¬â„¢s infotainment system for accessing information regarding traffic, weather and other updates. This also allows passengers to chat on messaging applications while travelling in a car. Furthermore, several automotive manufacturers are focusing on developing driver-assistance systems that assist drivers by anticipating the next turn or maneuver and providing directions accordingly. Such developments are expected to increase passenger vehicle sales over the forecast period thereby fueling segment growth during the study period.
Commercial vehicles accounted for a significant share owing to rising demand from construction companies operating across various regions worldwide for transporting materials including cement, steel bars.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period as well owing to technological advancements and high adoption of advanced technologies such as augmented reality (AR) and virtual reality (VR). Moreover, increasing demand for connected cars is also anticipated to drive regional growth. According to a recent study by Navigant Research, Inc., North America accounted for more than 25% of total market share in 2017.
Asia Pacific regional segment captured significant revenue share in 2017 due to growing consumer awareness regarding road safety coupled with government initiatives aimed at reducing vehicular emissions and accidents.
Europe simulators industry has witnessed exponential growth over the past few years on account of rising demand from countries such as Germany and U.K.
Growth Factors:
- Increasing demand for advanced driver assistance systems (ADAS) in passenger cars and commercial vehicles
- Proliferation of autonomous driving technology
- Growing popularity of ride-sharing and car-sharing services
- Rising demand for electric and hybrid vehicles
- Development of next-generation transportation technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Simulated Driving Market Research Report
By Type
Software, Hardware
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
ECA Group, Cruden BV, Corys, Transurb, Tecknotrove, SHRail, Cassidian
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Simulated Driving Market Report Segments:
The global Simulated Driving market is segmented on the basis of:
Types
Software, Hardware
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ECA Group
- Cruden BV
- Corys
- Transurb
- Tecknotrove
- SHRail
- Cassidian
Highlights of The Simulated Driving Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Hardware
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Simulated Driving Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Simulated driving is a computer-generated simulation of the physical act of driving. It can be used to train drivers or to test new safety features for vehicles.
Some of the major players in the simulated driving market are ECA Group, Cruden BV, Corys, Transurb, Tecknotrove, SHRail, Cassidian.
The simulated driving market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Simulated Driving Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Simulated Driving Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Simulated Driving Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Simulated Driving Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Simulated Driving Market Size & Forecast, 2018-2028
4.5.1 Simulated Driving Market Size and Y-o-Y Growth
4.5.2 Simulated Driving Market Absolute $ Opportunity
Chapter 5 Global Simulated Driving Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Simulated Driving Market Size Forecast by Type
5.2.1 Software
5.2.2 Hardware
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Simulated Driving Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Simulated Driving Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Simulated Driving Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Simulated Driving Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Simulated Driving Analysis and Forecast
9.1 Introduction
9.2 North America Simulated Driving Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Simulated Driving Market Size Forecast by Type
9.6.1 Software
9.6.2 Hardware
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Simulated Driving Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Simulated Driving Analysis and Forecast
10.1 Introduction
10.2 Europe Simulated Driving Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Simulated Driving Market Size Forecast by Type
10.6.1 Software
10.6.2 Hardware
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Simulated Driving Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Simulated Driving Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Simulated Driving Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Simulated Driving Market Size Forecast by Type
11.6.1 Software
11.6.2 Hardware
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Simulated Driving Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Simulated Driving Analysis and Forecast
12.1 Introduction
12.2 Latin America Simulated Driving Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Simulated Driving Market Size Forecast by Type
12.6.1 Software
12.6.2 Hardware
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Simulated Driving Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Simulated Driving Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Simulated Driving Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Simulated Driving Market Size Forecast by Type
13.6.1 Software
13.6.2 Hardware
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Simulated Driving Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Simulated Driving Market: Competitive Dashboard
14.2 Global Simulated Driving Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ECA Group
14.3.2 Cruden BV
14.3.3 Corys
14.3.4 Transurb
14.3.5 Tecknotrove
14.3.6 SHRail
14.3.7 Cassidian
