According to a new report, published by KBV research, The Global Driving Simulator Market size is expected to reach $3.30 billion by 2031, rising at a market growth of 5.9% CAGR during the forecast period.
The Advanced Simulator segment is anticipating a CAGR of 6.4% during (2024 - 2031). Advanced simulators are characterized by their cutting-edge technologies, such as virtual reality (VR), artificial intelligence (AI), and machine learning (ML) integration. These simulators are increasingly preferred for specialized applications, including advanced driver assistance systems (ADAS) testing, autonomous vehicle training, and high-performance racing simulations. The growing demand for innovative solutions to enhance driver training efficiency and minimize risks in real-world testing scenarios has fueled the adoption of advanced simulators.
The Research & Testing segment is leading the Global Driving Simulator Market by Application in 2023; thereby, achieving a market value of $1.38 billion by 2031. This segment is driven by the increasing demand for simulators in developing and testing advanced driver assistance systems (ADAS), autonomous vehicles, and innovative automotive technologies. Research and development teams in the automotive and transportation sectors rely on driving simulators to simulate real-world conditions, enabling them to assess vehicle performance, safety features, and driver behavior under controlled and repeatable scenarios. The growing emphasis on vehicle safety standards and the need for cost-effective testing solutions have further contributed to the market’s dominance of the research & testing segment.
The Aviation segment is registering a CAGR of 6.3% during (2024 - 2031). While driving simulators are primarily associated with ground vehicles, aviation simulators play a crucial role in pilot training and flight testing. These simulators provide realistic and cost-effective environments for training pilots without the risks of in-flight training. They are used for simulating various flight scenarios, including emergencies, adverse weather conditions, and navigation systems, allowing pilots to hone their skills in a controlled environment. The increasing need for advanced, reliable pilot training solutions and the aviation industry’s growing focus on safety has driven the high demand for driving simulators in this segment.
Full Report: https://www.kbvresearch.com/driving-simulator-market/
The Asia Pacific region dominated the Global Driving Simulator Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.24 billion by 2031. The North America region is experiencing a CAGR of 5.3% during (2024 - 2031). Additionally, The Europe region would exhibit a CAGR of 5.7% during (2024 - 2031).
By Type
By Application
By End-use
Unique Offerings 
