DALLAS, April 28, 2015 /PRNewswire/ --
According to the new market research report "Motion Simulation Market by Type (Hydraulic and Actuator), Degree of Freedom (Two DOF, Three DOF, and Six DOF), Application (Automotive, Defense, Entertainment, Healthcare, Mining, R&D, Sports, and Textile), and Region - Forecast to 2020", published by MarketsandMarkets, the motion simulation market is estimated to reach $45.72 Billion by 2020, at a CAGR of 6.97% between 2015 and 2020.
Browse 73 market data Tables and 70 Figures spread through 155 Pages and in-depth TOC on "Motion Simulation Market".
Early buyers will receive 10% customization on this report.
The motion simulation systems are used increase safety, eliminate accidents, and to train operators to face real life situations with the help of simulators. Motion simulation systems are implemented in various applications such as automotive, defense, entertainment, healthcare, and mining. The Motion Simulation Market is expected to grow at a CAGR of 6.97% between 2015 and 2020. It is segmented on the basis of type into hydraulic and actuators. The market is also segmented according to degree of freedom into two DoF, three DOF, and six DoF. This report includes the human motion simulation market, which has been separately analyzed on the basis of its applications, including automotive, defense, research and development, sports, and textile. The human motion simulation market, also termed as digital human modeling (DHM), is expected to grow rapidly during the forecasted period.
The report includes a brief description of the factors driving and restraining the growth of the market as well as its opportunities and challenges. The factors driving the market include stringent regulation in the aviation industry for simulated training, huge opportunity for cost saving, growing emphasis on patient safety, and digitization of the human body structure. The huge research and development requirement and the availability of limited funding for healthcare systems are the factors restraining the development of the Motion Simulation Market. The high cost of implementation of motion simulation systems presents a major challenge for the market.
This report gives a detailed view of the market across regions, namely, North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). North America dominates the Motion Simulation Market with the highest market share of ~56% in 2014; it is expected to grow at a CAGR of 5.50% between 2015 and 2020. Similarly, North America dominates the human Motion Simulation Market with a high market share of ~40% in 2014. However, the Asia-Pacific and RoW markets for human motion simulation are expected to grow at high CAGRs of 11.73% and 11.24%, respectively, between 2015 and 2020.
Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=85355471
The major players involved in the development of the Motion Simulation Market include CAE Inc. (Canada), Moog Inc. (U.S.), Siemens AG (Germany), Dassault Systems SA (France), Laerdal Medical AS (Norway), Human Solutions GmbH (Germany), Bosch Rexroth AG (Germany), Exponent Inc. (U.S.), SantosHuman Inc. (U.S.), and Thoroughbred Technologies (Pty) Ltd. (South Africa).
Browse Related Reports
Augmented Reality & Virtual Reality Market by Technology Types, Sensors (Accelerometer, Gyroscope, Haptics), Components (Camera, Controller, Gloves, HMD), Applications (Automotive, Education, Medical, Gaming, Military) & by Geography - Global Forecast and Analysis to 2013 - 2018
Human Augmentation Market by Product (In-Built Augmentation and Wearable Augmentation), Application (Medical, Defense, Industrial), & Geography - Global Forecast to 2020
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Subscribe Reports from Semiconductor & Electronic @ http://www.marketsandmarkets.com/Subscription.html
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
E-mail: [email protected]