Driving Simulator Market to Estimated to reach $2.1 billion by 2025
The global driving simulator market is projected to grow at a CAGR of 7.2% from USD 1.5 billion in 2020 to USD 2.1 billion by 2025. Increasing demand for skilled drivers due to high road accident rates, growing air traffic, upcoming high-speed train projects, and significant R&D investments in autonomous vehicles are primarily driving the demand for driving simulators. The driving simulator market has witnessed growth in developing as well as developed countries. The advanced training simulator segment in end user will be leading the driving simulator market during the forecast period The advanced driving simulator segment is expected to capture the largest market share during the forecast period. This can be attributed due to its technologies, such as 360ยบ viewing angle and motion platform, for a realistic experience. Since testing of technologically updated vehicle dynamics requires an augmented environment for analysis and research, advanced driving simulators help in deve...