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Driving Simulator Market Size To Advance At 3.4% CAGR By 2027, Owing To Emergence of ADAS in Automobile and Rising Focus on R&D To Build Vehicles with Advanced Features


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FELTON, Calif., Jan. 20, 2021 /PRNewswire/ The global driving simulator market size is projected to be USD 6.1 billion by 2027, as estimated by Million Insights in its new report. It is further estimated that the market would witness 3.4% CAGR from 2020 to 2027. The emergence of ADAS in automobile and growing focus on research and development to build vehicles with advanced features are driving the demand for the market. Driving simulators helps in evaluating the performance of the vehicles in real-time under a controlled environment. Further, the advent of autonomous vehicles is supplementing the market growth.
These simulators help in training the new recruits and enhancing the skills of experienced operators in industries such as automobile, marine and aviation. Driving simulators are capable of offering driving lessons from basics to advance. Under this, drivers get exposure to various challenges that they might face during ....

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