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The automotive driving simulator market size is forecast to increase by USD 317.5 million, at a CAGR of 4.61% between 2023 and 2028. The market is experiencing significant growth due to the increasing adoption of autonomous vehicles and advancements in technology. Technology companies and automaker firms, including technology giants, are investing heavily in autonomous vehicle development and testing. With the increasing importance of Autonomous Vehicle Acts and safety concerns, public roads are becoming increasingly restricted for testing. As a result, simulator testing has gained popularity for data collection and processing. Market firms are leveraging simulation technology and tools to create realistic simulation environments for testing autonomous vehicles and IoT-connected automobiles. Simulation technology is also being integrated into cloud systems for efficient data processing and analysis. However, the high cost of overcoming lag-induced sensor-actuator systems remains a challenge for the market. Despite this, the decrease in vehicular production costs and reduced time-to-market are driving the use of driving simulators across the value chain. Stratiform machines are also replacing hexapod machines in automotive DIL simulation applications due to their superior capabilities.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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