Compact simulators, particularly entry-level racing simulators, dominate the global market as they are preferred by casual and beginner racing enthusiasts for home and entertainment purposes.
The steering wheel is the leading and fastest-growing component in the racing simulator market, with advanced features such as force feedback technology and customization options.
North America is expected to be the leading market for racing simulators due to its strong gaming and esports culture, presence in motorsports activities, high disposable income, and technological advancements.
Key players in the racing simulator market include CXC Simulation, D-Box Technologies, Trak Racer, Next Level Racing, SIMXPERIENCE, Vi-Grade GmbH, Cruden B.V., and Simworx Pty Ltd.