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Stock impact report

Racing Simulator Market Forecast to Surge at 15.6% CAGR through 2030: Europe and Full-Scale Types Showing Robust Growth [Yahoo! Finance]

Commercial Vehicle Group, Inc. (CVGI) 
Last commercial vehicle group, inc. earnings: 3/16 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cvgrp.com
Company Research Source: Yahoo! Finance
Type (Passenger Cars & Commercial Vehicle), Sales Channel (Online & Offline), Component & Region - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The global racing simulator market is poised to accelerate from USD 0.5 billion in 2024 to surpass USD 1.1 billion by 2030, exhibiting a significant CAGR of 15.6% This burgeoning growth can be attributed to the increased interest in esports events across the globe, strategic initiatives of the motorsport association towards virtual sim racing events, and a heightened demand for these simulators in the realm of entertainment. Online Sales Channels to Dominate Purchasing Platforms In the realm of distribution, online sales channels have taken the lead, commanding upwards of 85% of the market share. Benefits fueling this domination include centralized marketplaces for diverse product exploration, availability of comprehensive options aligned with consumer desires, and competitive pricing afforded by the pr Show less Read more
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