Euro Truck Simulator 2 V18.104.22.168 Trainer
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The driving training simulator market has been segmented by end-users into training academies and driving schools. Training academies are expected to dominate the market owing to growing driving training needs in India. Moreover, the high automotive demand, changing consumer preferences, and rising disposable incomes are factors driving the growth of the driving training simulator market. The market in Asia-Pacific has been estimated to dominate the market in 2018 owing to the increasing demand for driving tests in countries such as China and India. The market in North America is estimated to grow at the highest CAGR during the forecast period. This is mainly attributed to the increasing role of advanced driving assistance systems (ADAS), which are being offered in commercial vehicles in the region. For instance, companies such as Johnson Controls, Cummins Inc., and Eaton have been focusing on improving the efficiency and safety of vehicles by integrating ADAS into the control systems. The market in Europe is expected to be the second-largest market in 2018. This is mainly due to the increasing number of driving tests conducted across the region and increasing vehicle ownership, which is estimated to be around 6.6% in the region by 2026.
The driving training simulator market is likely to witness a high rate of growth during the forecast period. The market is projected to reach USD 5.9 billion by 2026 at a CAGR of more than 6% by 2026. Growing accidents, government initiatives to encourage driving training, and increasing traffic incidents are factors driving the growth of the market. Moreover, the growing demand for off-the-road driving training has also been a major driver for the growth of the market.
The driving training simulator market has been segmented by end-user type into training academies and driving schools. Driving schools dominated the market in 2018 owing to growing traffic accidents and the high demand for safety-oriented driving training needs. However, the market is likely to witness significant growth over the forecast period, mainly due to the increasing demand for advanced driver assistance systems, which have been gaining popularity among the consumers. This has led to the growth of the market. For instance, in 2017, Mercedes-Benz equipped the S-Class with a head-up display, which displays relevant information for the driver. This innovation has helped to increase the safety of the driver.
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