The global driving simulator market revenue was around US$ 2.1 billion in 2023 and is estimated to reach US$ 4 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.4% during the forecast period from 2024 to 2032.

A driving simulator is a setup or tool that imitates the feeling of driving a vehicle in a digital space. It offers a simulated perspective from the driver's seat and allows individuals to maintain the simulated vehicle by operating tangible input devices like pedals and steering wheels. The purposes behind utilizing a driving simulator can contain a broad range of goals, including exploration, training, evaluation, and amusement.

Factors Influencing Market Growth

- The driving simulator market is propelled by factors like cost-effective training solutions over conventional methods, a surge in demand for the development and testing of autonomous vehicles, and the integration of IoT and AI in driving simulators.

- The lack of real-world experience and the high initial cost of simulators are expected to hamper the growth of the driving simulator market.

- The adoption of AR and VR and the development of driver-in-the-loop (DIL) simulators are some of the factors that are anticipated to present lucrative opportunities for the growth of the driving simulator market.

Regional Analysis

In 2023, Asia-Pacific dominated the global driving simulator market in terms of revenue and is anticipated to notice the high growth of the driving simulator market during the forecast period. This is because economies encounter substantial problems like the need for complete driver training programs due to the rising nature of the automobile sectors.

Leading Companies

The leading prominent companies profiled in the global driving simulator market are: -

- Cruden
- Tecknotrove
- Hottinger Brel & Kjr (HBK)
- AVSimulation
- CXC Simulations
- Thales
- Arotech Corporation
- Exail Technologies (former GROUPE GORGE)
- Moog Inc.
- AB Dynamics PLC
- Other prominent key players

Segmentation Outline

The global driving simulator market segmentation focuses on Application, Vehicle Type, Simulator Type, and Region.

Segmentation based on Application

- Training
- Research and Testing
- Entertainment

Segmentation based on Vehicle Type

- Car Simulator
- Truck and Bus Simulator

Segmentation based on Simulator Type

- Training Simulator
- Advanced Driving Simulator

Segmentation based on Region

- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa