The global automotive driving simulator market is estimated to generate revenues of around USD 134 million by 2021, says Technavio.
Technavio has declared its newest market research study on the global automotive driving simulator market, under its automotive manufacturing portfolio. This market research discusses the major drivers and key emerging trends and offers an analysis of key vendors like Ansible Motion, Cruden, DALLARA, Mechanical Simulation, Moog, and OKTAL (Sogeclair Group).
According to Siddharth Jaiswal, a lead analyst for automotive manufacturing research at Technavio, “The increasing adoption of driver state monitoring systems will boost the growth of the automotive driving simulator market over the next few years. These devices are designed as in-vehicle simulator modules that analyze the driver state while driving, thereby preventing fatalities or injuries. These are electronic systems that help in the reduction of the number of road accidents that occur across various countries around the world.”
There are different parameters that these systems work on such as measuring inactiveness, drowsiness, or fatigue of the driver. DSMS analyses driver state physically and mentally in real-time by working with a camera directed toward the driver’s face. The system is designed to detect any discrepancies between the expected and actual driver states and send an immediate alarm signal to prevent accidents.
Creation of low-cost simulators for testing and evaluating in-vehicle technologies
The automotive OEMs are investing in the development and procurement of innovative technology to produce cost-effect simulator technology. The launch of mid-range driving simulators will increase the adoption of these devices in the global automotive market. The primary focus of the manufacturers is to reduce the cost of software and hardware processes to enable the production of low-cost simulators. For instance, the Mitsubishi Electric Research Labs’ driving simulator is a medium fidelity simulator and gaining immense traction in the market.
Advent of reconfigurable driving simulation in automotive space
The vendors in the market are offering customized driving simulators as per the specific client requirements to increase their profitability and occupy a larger market share in the global market. The reconfigurable simulators that are available in the market are multi-station driving simulators, which can manage multiple drivers simultaneously. These new age simulators can serve as a car simulator, a truck simulator, and can cater to multiple engineering and marketing disciplines. Some of the reconfigurable products in the market are CarSim, TruckSim, and QuadDS.
This research report consists of an exhaustive analysis and market shares and sizes of the sub-segments and geography. An analysis of the top enterprises, including their market shares, business overview, key financials, etc. is offered in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Automotive Driving Simulator Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Automotive Software Market 2017-2021
- Global Simulation and Analysis Software Market 2017-2021
- Global DM Market in Automotive Industry 2016-2020
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