1. Home
Flight Simulator Market by Platform, Type, Method, Solution and Region - Global Forecast to 2027

Flight Simulator Market by Platform, Type, Method, Solution and Region - Global Forecast to 2027

  • August 2022
  • 254 pages
  • ID: 4141105
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

The Flight Simulator market size is projected to grow from USD 7.4 billion in 2022 to USD 10.3 billion by 2027, at a CAGR of 6.9% from 2022 to 2027. The increasing demand for flight simulators is driven by the need to train pilots to meet the increasing demand for air travel.Flight simulators enable pilots to perform various flying activities while reducing the dangers that would otherwise be involved. Another key aspect projected to contribute to the growth of the flight simulator market is the rising adoption of virtual pilot training to enhance aviation safety.

The UAV segment is projected to grow at the highest CAGR in the platform segment during the forecast period
The flight simulator market is segmented into commercial, military, and UAV platforms.In 2020, the commercial segment accounted for a larger market share.

The increase in commercial air travel has produced a demand for active, efficient pilots, which has created a demand for flight simulators.Because of globalization, more individuals are flying for business and pleasure, which has increased the demand for commercial airline pilots.

During the forecast period, revenue from the UAV segment is expected to expand rapidly.The rising demand for unmanned aerial vehicles for commercial and defense applications propels the segment’s revenue growth.

Several defense agencies are investing in the development of high-altitude long-endurance (HALE) and medium-altitude long-endurance (MALE) unmanned aerial vehicles (UAVs) for surveillance, intelligence, and reconnaissance.

The synthetic segment is projected to grow at the highest CAGR during the forecast period
Based on the method, the flight simulator market has been segmented into synthetic and virtual.Adopting the synthetic simulation method for military training is one of the most significant factors projected to drive the flight simulator market growth.

Growing demand for pilots in the aviation industry, acceptance of virtual pilot training to ensure aviation safety, and the need to reduce the cost of pilot training are the major factors driving the virtual training method in the flight simulator market.

North America is expected to account for the largest share in 2021
North America is the largest region in terms of aircraft flight operations.The rise in demand for innovative systems for pilot training and certification for new pilots by airlines in the region contributes to the growth of the market in this region.

The growing market for UAVs within the region is projected to drive the demand for flight simulators for UAVs.Furthermore, there has been an acceleration in the production of flight simulators to fill the significant orders for unmanned aerial vehicles.

Established companies, such as CAE Inc. (US), FlightSafety International (US), Boeing Company (US), and L3Harris Technologies (US), are enhancing their R&D efforts to develop new products to cater to market trends and the significant demand for flight simulators from the aerospace & defense industry.

The break-up of profile of primary participants in the flight simulator market:
• By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%
• By Designation: C Level – 75%, Director Level – 25%
• By Region: North America –20%, Europe – 25%, AsiaPacific – 30%,Middle East – 10%, and Rest of the World – 15%

Major players operating in the flight simulator market are CAE Inc. (Canada), L3Harris Technologies, Inc. (US), Thales SA (France), Saab AB (Sweden), Indra (Spain), Flight Safety International(US), The Boeing Company (US), Airbus S.A.S. (Netherlands), Tru Simulation + Training Inc. (US), and Raytheon Company (US).

Research Coverage:
The report segments the flight simulator market based on Type, Platform, Method, Solution, and Region.The flight simulator market is segmented into full flight simulators, fixed base simulators, flight training devices,and full mission flight simulators based on type.

Based on the solution, the market is segmented into products and services.Based on the platform, the market is segmented into commercial, military, and UAVs.

Based on the method, the market is segmented into synthetic and virtual. The flight simulator market has been studied in North America, Europe, Asia Pacific, the Middle East, and the rest of the World.The scope of the study includes thorough information on the important aspects impacting the growth of the flight simulator market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions, and services, as well as key strategies such as contracts, partnerships, agreements, new product and service launches, mergers and acquisitions, and recent developments in the flight simulator market. This research includes a competitive analysis of upcoming startups in the flight simulator market ecosystem.

Reasons to buy this report:
The research will provide industry leaders and potential entrants with information on the closest estimations of revenue figures for the flight simulator market.This study will assist stakeholders in better understanding the competitive environment and gaining new insights to position their businesses better and develop appropriate go-to-market strategies.

The study also assists stakeholders in understanding the pulse of the industry and offers data on major market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• Market Penetration:The market’s leading companies provide comprehensive information about flight simulators.
• Product Development/Innovation:In-depth information on future technologies, R&D efforts, and new product and service launches in the flight simulator market.
• Market Development:In-depth information on profitable markets - the study examines the flight simulator market in several areas.
• Market Diversification:Comprehensive data on new goods and services, new geographies, current advancements, and investments in the flight simulator market.
• Competitive Assessment:An in-depth examination of the flight simulator industry’s major companies’ market shares, growth strategies, and service offerings.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2022

Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on