Immersive Simulator Market: Scope, Growth, Current Trends for Forecast year 2017 – 2025

Immersive Simulator Market Overview:

The immersive simulator is a sophisticated piece of social technology that allows people to communicate with each other, a simulator, and other technical gadgets. One prominent aspect of the simulation-based learning environment is the immersion simulator. The feeling of being completely immersed in a realistic experience is referred to as immersion.

It can be understood as a psychological experience that one has regarding how much someone is attached to a learning environment. This can be achieved through active and dynamic interaction between the learner and their environment, sensory data in the 3D digital space, and real-world situations or tasks that draw on the learner’s experiences.

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All operators and staff are connected to the high-fidelity 3-D process simulation and virtual tour of the environment through the immersive simulator. Through the use of operator training simulators, operators can practice in a control room-like setting on a computer.

Market Dynamics:

The major driving factors of immersive simulator market are such as, automotive, food and beverages, oil and gas, chemicals and medical industry. Another driving factor for immersive simulator market is entertainment industry like, whenever we are watching the weather report, the speaker remains standing in front of changing weather maps.

Engineering design is also a major driving factor such as, this can be used for conferencing of the complex model. There are some challenges of immersive simulator such as, rapid iteration is required to create realistic and correct experiences in training simulations. Another challenge of an immersive simulator is, it needs the real-time software system that integrates components for user interaction, simulation, scenario and scene modeling.

Some opportunities in the immersive simulator market are such as, in tracking system, it can be used for tracking objects in the real and virtual world. The display system is also an opportunity for immersive simulator such as, in resolution, flexibility, and field-of-view of various equipments. One of the major opportunity is in the medical field; this is due to recent developments in imaging technology.

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Market Segmentation:

Types of immersive simulator

  • Immersive simulator
  • Semi Immersive simulator
  • Fully Immersive simulator

Application

  • Medical industry
  • Biotech industry
  • Automotive industry
  • Food and beverages industry
  • Oil and gas industry
  • Chemicals industry
  • Medical industry
  • Entertainment industry

Technology used

  • Gesture recognition
  • Brain –Computer interface
  • Speech recognition
  • Omnidirectional treadmill

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Regional Overview:

The global immersive simulator market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). APEJ holds the major share in the global immersive simulator market regarding application and revenue sharing.

Followed by APEJ, North America and Latin America are expected to grow relatively at a higher CAGR during the forecast period since the use of immersive simulator market improves the various operations in many industries.  The global immersive simulator market in Japan is well established and expected to grow at average CAGR over the forecast period. MEA is expected to expand at sluggish growth rate due to lack of technology advancement in this region.

Regional Segmentation:

The immersive simulator market in APEJ held the largest market share in recent times owing to the huge demand for immersive simulators in metal and mining, oil and gas, aerospace and defense, and medical and biotech industries. Australia has added the functional use of the immersive simulator in metal and mining industry, while China and India have contributed to the market growth in the aerospace and defense as well as medical and biotech industries.

Prominent Players:

  • Applied Research Associate Inc.
  • Aveva Group Plc
  • ESI Group
  • Immerse Learning
  • Schneider Electric SE
  • Siemens AG
  • Designing Digitally Inc.
  • Mass Virtual Inc.
  • Samahnzi (Pty) Ltd.
  • Talent Swarm

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