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Source: Zion Market Research

Global Motion Simulation Market Will Reach USD 63.65 Billion By 2025: Zion Market Research

According to the report, the global motion simulation market was around USD 39.96 billion in 2018 and is expected to reach approximately USD 63.65 billion by 2025, at a CAGR of slightly above 6.88% between 2019 and 2025.

New York, NY, May 15, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Motion Simulation Market by Type (Actuator, Electric, and Hydraulic), by Degree of Freedom (Two DOF, Three DOF, and Six DOF), and by Application (Defense, Automotive, Healthcare, Entertainment, R&D, Mining, Textile, and Sports): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025’’. According to the report, the global motion simulation market was around USD 39.96 billion in 2018 and is expected to reach approximately USD 63.65 billion by 2025, at a CAGR of slightly above 6.88% between 2019 and 2025.

A motion simulation platform is used to increase accuracy and productivity by eliminating errors while performing the required on-field duties. Motion systems can provide motions in all the six tiers of freedom that can be felt by some objects, which are free to move like spacecrafts or aircrafts. The global motion simulation market is likely to grow notably in the future, owing to the adoption of numerous technologies by various sectors due to its numerous applications in airports, military, healthcare, mining, and R&D. The growing security concerns are also driving the motion simulation market globally. Moreover, the growing adoption of motion simulators by automotive manufacturers to layout vehicle interiors or improve the driving assistance gadget is predicted to also propel the global motion simulation market.

Browse through 42 Tables & 30 Figures spread over 138 Pages and in-depth TOC on “Global Motion Simulation Market: Type, Application, Size, Trends, Industry Share and Forecast, 2018–2025”.

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For instance, in May 2018, the VI-grade GmbH disclosed that Subaru, an automotive manufacturer based in Japan, adopted compact driving simulators. Furthermore, the increasing use of diverse in-vehicle infotainment systems, which includes a navigation system through satellite, e-mail, mobile phone connectivity, etc., has also pushed this market’s growth. However, the high investments involved in the research and development of motion simulation in commercial applications may hinder the global motion simulation market development.

By type, the global motion simulation market includes actuator, electric, and hydraulic. The actuator segment is expected to witness notable market growth over the projected timeline, due to their low-cost infrastructure and high-energy efficiency. The degree of freedom segment includes two DOF, three DOF, and six DOF. By application, the market is fragmented into defense, automotive, healthcare, entertainment, R&D, mining, textile, and sports. The defense sector is anticipated to grow at a substantial rate over the projected time period, due to the surging demand for military training program and aircraft vehicle simulation system for improving the security and safety of soldiers, defense machinery, and equipment.

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North America is likely to hold a substantial share of the global motion simulation over the estimated timeframe, owing to the presence of developed economies like the U.S. and Canada, various innovations and developments witnessed in automotive, aviation, and defense sectors,  and rising investments made in automobile and defense verticals.

The European motion simulation market is projected to witness substantial growth in the upcoming years, owing to the technologically advanced countries like France, UK, and Germany. The demand for automobiles, defense equipment, and gaming devices is rising across the region, which has forced the engineers to be aware and updated according to the changing consumer needs.

Browse the full “Motion Simulation Market by Type (Actuator, Electric, and Hydraulic), by Degree of Freedom (Two DOF, Three DOF, and Six DOF), and by Application (Defense, Automotive, Healthcare, Entertainment, R&D, Mining, Textile, and Sports): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/motion-simulation-market

The Asia Pacific motion simulation market is anticipated to grow substantially in the years ahead, owing to the increased spending on countries’ security. The defense in modern aircrafts training via motion simulation helps in saving cost, time, and money. Furthermore, entertainment and gaming sectors have also started attracting motion simulation for gaming purpose and are expected to propel the demand for motion simulation. In addition, the R&D for advanced technologies in the automotive sector also driving this regional market.

In Latin America, Argentina is committed to international security by bordering Defense Corporation with India, due to the attacks in Pulwama. Argentina has also faced terrorist attacks in the past and wants to combat such threats proactively in the future, which is anticipated to drive the Latin American motion simulation market.

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Some noticeable players of the global motion simulation market are Siemens Industry Software, Bosch Rexroth, Dassault Systems, CAE, Moog, Laerdal Medical, Cubic Corporation, and Gaumard Scientific.

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This report segments the global motion simulation market into:

Global Motion Simulation Market: Type Analysis

  • Actuator
  • Electric
  • Hydraulic

Global Motion Simulation Market: Degree of Freedom Analysis

  • Three DOF
  • Two DOF
  • Six DOF

Global Motion Simulation Market: Application Analysis

  • Defense
  • Automotive
  • Healthcare
  • Entertainment
  • R&D
  • Mining
  • Textile
  • Sports

Global Motion Simulation Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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