GLOBAL NEWS: Flight Simulator Market is projected to grow from
USD 5.7 billion in 2019 to USD 7.7 billion by 2025, at a CAGR of 5.2% from 2019
to 2025
The report "Flight Simulator Market by Platform (Commercial,
Military, UAV, Helicopter Simulator), Type (Full Flight, Flight Training
Device, Full Mission, Fixed based), Training (Virtual, Line), Solution
(Product, Services) and Region - Global Forecast to 2025", is
projected to grow from USD 5.7 billion in 2019 to USD 7.7 billion by 2025, at a
CAGR of 5.2% from 2019 to 2025. Flight simulators have been witnessing a
growing demand due to characteristics, such as reliability and provision of
safe flight operations. Acceptance of virtual flight training to ensure
aviation safety, such as risk associated with the life of the pilot and
aircraft is also supporting the demand for flight simulators. There is a rising
demand for simulators for UAVs, and the possible use of simulation for air
accident investigation is expected to further propel the growth of the flight
simulator market over the forecast period.
Browse 79 market data Tables and 39 Figures spread through 154 Pages
and in-depth TOC on "Flight Simulator Market - Global Forecast to
2025"
View detailed Table of Content here –
Unmanned Ariel Vehicle (UAV)
flight simulator market projected to grow at the highest CAGR during the
forecast period
Based on platform, the Unmanned
Ariel Vehicle (UAV) flight simulators market is projected to grow at the
highest CAGR during the forecast period. Increasing demand for drone simulators
for drone pilots and operator training is a factor driving the growth of the
market for flight simulators for UAVs. The demand for drone operators is high
due to the increasing number of UAV deliveries across the globe. To facilitate
the training of drone operators, the demand for drone simulators is rising all
over the world. Therefore, the growth of the UAV platform is projected to drive
the growth of the flight simulator market during the forecast period. Also,
helicopter flight simulator market is supported by the growth in the
helicopter’s deliveries
Flight Simulator Market |
The Flight Training Devices (FTD)
segment of the market to lead during the forecast period
Based on type, the Flight
Training Devices (FTD) segment is projected to grow at the highest CAGR
followed by Full Mission Simulators (FMS) and Fixed Base Simulators (FBS).
Simulation of a realistic flight atmosphere during training through the flight
mission system is expected to lead to a rise in the demand for this segment.
Need to train pilots to support aircrews and cadet pilots and provide knowledge
about cockpit layouts and aircraft features is projected to fuel the growth of
the flight training devices segment. Also, demand for flight simulators in the
flight training market is also driving the growth of flight training devices.
Asia Pacific flight simulator
market projected to grow at the highest CAGR during the forecast period
Asia Pacific is projected to lead
the flight simulator market during the forecast period. Growth is majorly
driven by the growing demand for new aircraft deliveries and increasing air
traffic in this region, which is projected to boost the global flight simulator
market. The growth of the aviation industry is also attributed to the increase
in trade & tourism, as well as the increasing disposable income of the
middle-class population in emerging economies, such as India and China.
The flight simulator market is
gaining traction over the past few years due to the presence of a large number
of established companies as well as start-ups. Some of the major players in the
flight simulator market in North America include Boeing Company (US), CAE
(Canada), Collins Aerospace (US), ELITE Simulation Solutions (US), FlightSafety
International (US), Frasca International (US), Indra Sistemas (Spain), L-3
Communications (US), Precision Flight Controls (US), Raytheon Company (US),
SIMCOM Aviation Training (US), and TRU Simulation + Training (US). Whereas, in
Europe, Airbus Group (Netherlands), Avion Group (Netherlands), and Thales Group
(France), are some of the leading companies.
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