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Global Driving Simulator Market Competitive Analysis with Growth Forecast Till 2025

Global Driving Simulator Market Competitive Analysis with Growth Forecast Till 2025
sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.

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Technavio Research: Automotive Driving Simulator Market 2020-2024

Technavio Research: Automotive Driving Simulator Market 2020-2024
Technavio has been monitoring the automotive driving simulator market and it is poised to grow by USD 123.65 million during 2020-2024, progressing at a CAGR of about 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210201005553/en/
Technavio has announced its latest market research report titled Global Automotive Driving Simulator Market 2020-2024 (Graphic: Business Wire)
Click Get Free sample report in minutes
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Driving Simulator Market worth $2.1 billion by 2025 - Exclusive Report by MarketsandMarkets

Driving Simulator Market worth $2.1 billion by 2025 - Exclusive Report by MarketsandMarkets
Driving Simulator Market
by Application (Training and Research & Testing), Vehicle Type(Car Simulator and Truck & Bus Simulator), Simulator Type(Training Simulator and Advanced Driving Simulator), Training Simulator Type (Compact Simulator and Full-Scale Simulator), End User, Region - Forecast to 2025 , published by MarketsandMarkets, the 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. The growth of the Driving Simulator Market can be attributed to the increasing demand of skilled drivers due to high road accident rate, growing air traffics, upcoming high speed train projects, and significant R&D investments in autonomous vehicles. ....

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Driving Simulator Market worth $2.1 billion by 2025 - Exclusive Report by MarketsandMarkets™

Europe is expected to be the largest Driving Simulator Market in the forecast
Europe presents a big growth opportunity for training simulators as the regulations related to safety and environment has become stringent in the region. These changes are propelling the market for the testing and development of vehicles, which will further increase the demand for advanced simulators. Apart from this, the region is home to major players like IPG Automotive, Rexroth, Cassidian, ECA group, Ediser, Corys, Oktal Sydac, Transurb, VI-grade, and SHRail, which increases the growth opportunity of the market. For instance, in April 2018, IPG Automotive released version 7.0 of the CarMaker product family a simulation software with new functionalities for virtual test driving. In February 2018, Rexroth supplied one of the most advanced motion platforms for a new set of Renault automotive simulators being constructed by system integrator company AVSimulation. ....

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Exclusive Report on Driving Simulator Market 2014-2027

Exclusive Report on Driving Simulator Market 2014-2027
newyorktelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newyorktelegraph.com Daily Mail and Mail on Sunday newspapers.

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