Driving Simulator Market - Growth, Trends, and Forecast (2020 - 2025)
発行: Mordor Intelligence Pvt Ltd
ページ情報: 英文 80 Pages
The global driving simulator market is anticipated to register a CAGR of about 5 % during the forecast period (2020 - 2025).
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,