LAMEA Driving Simulator Market

LAMEA Driving Simulator Market By Type (Compact, Full-Scale and Advanced) By Application (Research & Testing, Training and Motor Sports & Gaming) By End User (Aviation, Automotive and Marine) By Country, Industry Analysis and Forecast, 2020 - 2026

Report Id: KBV-4021 Publication Date: May-2020 Number of Pages: 92
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Market Report Description

The Latin America, Middle East and Africa Driving Simulator Market would witness market growth of 10.1% CAGR during the forecast period (2020-2026). Recent technological advancements allow scientists and therapists to access a new generation of inexpensive, practical, and sophisticated simulators. Research into driving behavior has increased dramatically as a result. The virtual environment of a driving simulator provides some benefits as opposed to on-road driving studies. The greatest of these is that the responses of the participants to potentially life-threatening driving conditions can be measured in perfect safety.

Driving simulators allow researchers to accurately track, standardize and reproduce real driving events and conditions, such as route complexity, traffic, weather, in ways that are simply not possible with on-road study designs using open (i.e., public roads) or closed roads (specially built closed circuits). In addition, driving simulators enable researchers to collect and process a wealth of performance-based, objective data in a short space of time. Despite these many benefits it is challenging to design driving-simulator-based studies.

Prominent manufacturers involved in the driving simulator are continually focusing on increasing activities in research and development, mergers and acquisitions to strengthen their business around the globe. For example, vehicles like Daimler-Benz and Ford Motor Company have manufactured their own simulators. A driving simulator, VIRTTEX (Virtual Test Track Experience), was launched by the Ford Motor Company to test sleepy driver reactions.

Based on Type, the market is segmented into Compact, Full-Scale and Advanced. Based on Application, the market is segmented into Research & Testing, Training and Motor Sports & Gaming. Based on End User, the market is segmented into Aviation, Automotive and Marine. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: Driving Simulator Market in LAMEA is expected to register a CAGR of 10.1% during the forecast period (2020-2026)

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Moog, Inc., CAE, Inc., Nvidia Corporation, MTS Systems Corporation, AutoSim AS, IPG Automotive GmbH, Virage Simulation, Inc., Ansible Motion Ltd., Cruden B.V., CXC Simulations.

Scope of the LAMEA Driving Simulator Market Analysis

Market Segmentation:

By Type

  • Compact
  • Full-Scale
  • Advanced

By Application

  • Research & Testing
  • Training
  • Motor Sports & Gaming

By End User

  • Aviation
  • Automotive
  • Marine

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

  • Moog, Inc.
  • CAE, Inc.
  • Nvidia Corporation
  • MTS Systems Corporation
  • AutoSim AS
  • IPG Automotive GmbH
  • Virage Simulation, Inc.
  • Ansible Motion Ltd.
  • Cruden B.V.
  • CXC Simulationss
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