NEW YORK, Oct 24, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Drive Simulator Market Forecast to 2028 – Impact of COVID-19 and Global Analysis – by Simulator Type, Vehicle Type, End User “. Driving schools in some countries are also making driving simulators mandatory. These initiatives are expected to increase the demand for driving simulators during the forecast period. Driving learning simulators help students better adapt to road conditions and safe driving skills. For example, in December 2019, Singapore required students to complete a driving simulator training module. Thus, the growing utility of driving simulators in driving schools is expected to fuel regional market growth.The rising adoption of driving simulators for vehicle testing and training novice drivers is driving their demand in Europe.Several top players in the automotive industry are investing in developing driving simulators.For instance, in 2019, Honda R&D Europe has invested in R&D and developed driving simulator technology.This new state driving simulator technology is based on an architecture called DiM250 (Driver-in-Motion).The new simulator technology is installed at Honda R&D Europe’s technical center in Offenbach, Germany.The DiM250 system is designed by simulator software developer VI-grade GmbH and is manufactured and engineered by automatic controls specialist Saginomiya.Similarly, in 2022, VI-grade, the simulation and driving simulator company that accelerates product innovation by bridging the gap between simulation and physical testing, and Stackpole Engineering Services Thus, the growing utility of driving simulators in driving schools is expected to fuel regional market growth.The rising adoption of driving simulators for vehicle testing and training novice drivers is driving their demand in Europe.Several top players in the automotive industry are investing in developing driving simulators.For instance, in 2019, Honda R&D Europe has invested in R&D and developed driving simulator technology.This new state driving simulator technology is based on an architecture called DiM250 (Driver-in-Motion).The new simulator technology is installed at Honda R&D Europe’s technical center in Offenbach, Germany.The DiM250 system is designed by simulator software developer VI-grade GmbH and is manufactured and engineered by automatic controls specialist Saginomiya.Similarly, in 2022, VI-grade, the simulation and driving simulator company that accelerates product innovation by bridging the gap between simulation and physical testing, and Stackpole Engineering Services Thus, the growing usefulness of driving simulators in driving schools is expected to drive the growth of the regional market. The growing use of driving simulators to test vehicles and train new drivers is driving demand in Europe. Several leading players in the automotive industry are investing in the development of driving simulators. For example, in 2019, Honda R&D Europe invested in research and development and developed driving simulator technology. This new driving simulator technology is based on an architecture called DiM250 (Driver-in-Motion). Honda R&D Europe technical center in Offenbach, Germany. The DiM250 system is designed by simulator software developer VI-grade GmbH and manufactured and designed by automation specialist Saginomiya. accelerates product innovation by bridging the gap between simulation and physical testing, and Stackpole Engineering Services Hence, the growing popularity of driving simulators in driving schools is expected to boost the growth of the regional market. The growing popularity of driving simulators for testing cars and teaching novice drivers is driving demand in Europe. Several leading players in the automotive industry are investing in development, for example, in 2019 Honda R&D Europe invested in R&D and development of driving simulation technology. This new state of the art driving simulator technology is based on the DiM250 (Driver-in-Motion) architecture. The new simulator technology is installed at Honda’s European Research and Development Center in Offenbach, Germany. The DiM250 system was developed by simulator software developer VI-grade GmbH and manufactured and designed by automatic control specialist Saginomiya. Similarly, in 2022, VI-grade driving simulation and simulation company will accelerate product innovation by closing the gap between simulation and physical testing, and Stackpole engineering services. The leading full-service engineering solution provider for tire and vehicle OEMs and suppliers today announced its strategic partnership that will significantly advance the two companies’ efforts in tire testing, tire modeling and modeling. Research and development in the field of application. These steps contribute to the growth of the market. The European market for driving training simulators is expected to show significant growth during the forecast period. Every year European countries host various motor sports such as Formula 1, NASCAR and IndyCar. These events are expected to lead to growth and innovation in the driving simulator market. In addition to the growing trend of autonomous vehicles, autonomous vehicles are also gaining popularity in the Chinese market. Recently, a large number of autonomous vehicles have been tested on the roads of Shenzhen, including companies such as Pony.ai, Baidu, DeepRoute, and AutoX. Hence, the growing trend of autonomous vehicles is expected to influence the growth of the market. In addition, supporting government initiatives and developments in the automotive industry are expected to play a significant role in the driving simulator market. For example, the Australian government is investing about $17 million over the next five years in the Keys2Drive program, which uses simulators as part of its training program. The driving simulator market is mainly dominated by companies such as Autosim AS, Bosch Rexroth AG, Cruden BV, DALLARA and ECA Group. Further, these players expand their business through new product launches, market initiatives, investment in technology upgrades, mergers & acquisitions, and other joint activities.For instance, in 2022, VI-grade—the simulation and driving simulator company that accelerates product innovation by bridging the gap between simulation and physical testing, and Stackpole Engineering Services, a leading full-service provider of engineering solutions to tire and vehicle OEMs and suppliers, announced their strategic partnership, which will significantly advance the companies’ research and development efforts in the areas of tire testing, tire modeling, and simulation application.Market players are implementing various strategies to expand their regional footprints. Further, these players expand their business through new product launches, market initiatives, investment in technology upgrades, mergers & acquisitions, and other joint activities.For instance, in 2022, VI-grade—the simulation and driving simulator company that accelerates product innovation by bridging the gap between simulation and physical testing, and Stackpole Engineering Services, a leading full-service provider of engineering solutions to tire and vehicle OEMs and suppliers, announced their strategic partnership, which will significantly advance the companies’ research and development efforts in the areas of tire testing, tire modeling, and simulation application.Market players are implementing various strategies to expand their regional footprints. In addition, these players are expanding their business through new product launches, market initiatives, investment in technology upgrades, mergers and acquisitions, and other synergies. bridging the gap between simulation and physical testing, and Stackpole Engineering Services, a leading provider of end-to-end engineering solutions for tire and vehicle OEMs and suppliers, has announced a strategic partnership that will significantly advance companies’ R&D in the areas of tire testing, tire simulation and Simulation Applications Market players are pursuing various strategies to expand their regional footprint. In addition, these players are expanding their business through new product launches, market initiatives, investment in technology upgrades, mergers and acquisitions, and other synergies. For example, in 2022, driving simulation and simulation company Level VI will accelerate product innovation by bridging the gap between simulation and physical testing by providing tire and vehicle OEMs and suppliers with a complete engineering solution. Stackpole Engineering Services provider announced. a strategic partnership that will greatly advance both companies’ R&D efforts in tire testing, tire modeling and simulation applications. Market participants are implementing various strategies to expand their regional presence. For example, in 2020, IPG Automotive GmbH opened a new office in Stuttgart, Germany to provide broader and more direct support to customers and partners in their projects. Impact of COVID-19 on the size of the driving simulator market All of these companies are using driving simulators to test vehicles and safety measures. Many driving training simulators have been delayed or stopped due to the COVID-19 pandemic. In addition, driving schools offering simulation solutions have been closed due to quarantine restrictions. In addition, the cancellation of major sporting events such as Formula 1 and NASCAR during the COVID-19 pandemic has also affected the driving simulator market. Due to the uncertain economic crisis, consumers are less willing to buy products, resulting in an increase in demand for new cars dropped. This affects driver training centers in both the US and Canada, reducing consumer demand. As a result, the market for car driving simulators is declining. However, starting in 2021, there is a short-term surge in demand for driving simulators. Sports events that require simulation training and practice in order to experience the virtual environment. Companies featured in the driving simulator market research include Autosim AS, Bosch Rexroth AG, Cruden BV, Dallara, ECA Group, IPG Automotive Ltd, Moog Corporation, Nvidia Corporation, Teknorov and Vi-Grade GmbH. Players in the driving simulator market are pursuing organic and inorganic growth strategies to maintain a competitive edge. Numerous initiatives such as investments in research and development and the establishment of training centers for virtual reality (VR) simulators are expected to have a positive impact on market growth. For example, in India, the Automobile Association of South India (AASI) has set up Asia’s only 5th generation virtual reality (VR) simulation center in Chennai. Such initiatives by key players will fuel the growth of the driving education simulator market during the forecast period. Similarly, in December 2021, Adacel Technologies Limited announced a five-year Control Tower Simulator (CTS) support services contract with Airservices Australia. The contract is valued at $1 million. All market analysis for driving training simulators is obtained using primary and secondary sources. To start the research process, an exhaustive secondary research was conducted using internal and external sources to obtain qualitative and quantitative information related to the Driving Education Simulators market. This process is also used to obtain an overview and market size forecast for driving training simulators for all segments. In addition, industry players and commentators conducted several initial interviews to verify the data and obtain additional insights. Market research participants in driving training simulators are typically VPs, Business Development Managers, Market Analysts, Country Sales Managers, and external consultants such as evaluators, research analysts, and key opinion leaders who specialize in simulators. driving training or market.
Post time: Oct-31-2022
