DUBLIN, June 02, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/56cq5n/motion_simulation) has announced the addition of the "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 " report to their offering.
Human motion simulation is considered to have matured enough for commercial use, and thus its market is expected to grow at a CAGR of 9.46% between 2015 and 2020.
The report includes a brief description of the factors driving and restraining the market as well as its opportunities and challenges. The factors driving the market include the stringent regulation in the aviation industry for stimulated training, huge opportunity for cost saving, growing emphasis on patient safety, and digitization of the human body structure. The high research and development requirement and the availability of limited funding for healthcare systems are the factor restraining the growth of the motion simulation market. The huge cost of implementation of motion simulation systems presents a major challenge for the market.
On the basis of region, North America dominated the motion simulation market, and it is expected to grow at a CAGR of -5% between 2015 and 2020.
The motion simulation market in APAC is expected to grow at the highest CAGR of -10% between 2015 and 2020. The rising demand for cost-effective training solutions would give an impetus for the growth of the APAC market.
APAC represents a huge opportunity for motion simulation systems as companies in this region have started realizing the benefits of simulation-based training in applications including defense and automotive.
The human motion simulation market in APAC is expected to grow at the highest CAGR of -11% between 2015 and 2020. North America accounted for a high market share of -40% in 2014, as most companies using motion simulation systems are located in this region. Human motion simulation is initially developed at the university level, and it is then licensed to corporates for industrial use.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Industry Trends
7 Market Analysis, Motion Simulation
8 Market Analysis, Human Motion Simulation
9 Region Analysis
10 Competitive Landscape
11 Company Profiles
- Bosch Rexroth AG
- CAE Inc.
- Dassault Systemes S.A
- Exponent Inc.
- Human Solutions GMBH
- Laerdal Medical as
- Moog Inc.
- Santoshuman Inc
- Siemens AG
- Thoroughbred Technologies (Pty) Ltd
For more information visit http://www.researchandmarkets.com/research/56cq5n/motion_simulation
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SOURCE Research and Markets