[162 Pages Report] “Flight
Simulator Market” analysis & forecast report categorizes global by
Application (Military, Commercial), by Type of Flight (Fixed Wing, Rotary Wing,
Unmanned Aircraft), Military Component (FFS, FMS, FTD), Commercial Component
(FFS, FBS, FTD), Geography
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The report "Flight Simulator
Market by Application (Military, Commercial), by Type of Flight (Fixed Wing,
Rotary Wing, Unmanned Aircraft), Military Component (FFS, FMS, FTD), Commercial
Component (FFS, FBS, FTD), Geography - Global Forecast to 2021", published
by MarketsandMarkets, the global market is projected to reach USD 7.54 Billion
by 2021, at a CAGR of 4.1% from 2016 to 2021.
Browse 72 market data Tables and
106 Figures spread through 168 Pages and in-depth TOC on "Flight Simulator
Market"
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Factors such as increased demand
for new commercial and military pilots, adoption of virtual training to ensure
aviation safety, and the need for cost-cutting of pilot training are expected
to drive the global flight simulator market.
The military segment to dominate the global flight simulator market
with highest market share
On the basis of application, the
military segment dominates the global flight simulator market with largest
market share and is expected to continue its dominance over the next five
years, though the commercial segment is expected to grow at a higher CAGR
during the forecast period. The demand for military simulators is primarily
driven by their use in armed forces training and mission training. Rising
demand for commercial pilots tends to drive the commercial simulator market.
The unmanned aircraft segment is
expected to grow at the highest pace during the forecast period
The unmanned aircraft segment of
the global Flight Simulator Market, by type of flight, is expected to grow at
the highest CAGR during the forecast period. It is expected to dominate the
market on account of the growing prominence of unmanned aerial systems (UAS) in
defense as well as the commercial sector.
The flight simulator market is expected to witness the highest growth
in the Asia-Pacific region
The aviation industry in the
Asia-Pacific region has been witnessing strong growth over the past few years.
This growth, which is mainly driven by increasing demand for new aircraft
deliveries and increasing air traffic in this region, is expected to boost the
global flight simulator market. The aviation industry's growth can also be
attributed to the increase in trade & tourism, as well as increasing
disposable income of the middle class population in emerging economies, such as
India and China.
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Key players in the global flight
simulator market include CAE Inc.
(Canada), L-3 Communications Holdings, Inc. (U.S.), FlightSafety International
Inc. (U.S.), Thales Group (France), The Boeing Company (U.S.), and Rockwell
Collins, Inc. (U.S.), among others.
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