Civil Aerospace Simulation and Training Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The global civil aerospace simulation and training market reached a value of US$ 4.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2027, exhibiting a CAGR of 4.21% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Civil aerospace simulation and training is a technological solution used for recreating aircraft flight environment artificially. It is primarily utilized for pilot training on fixed-wing and rotary-wing aircraft and consists of full flight simulators (FFS) and flight training devices (FTD). FFS simulates the airplane cockpit and FTD acts as a replica of the flight control panel and other devices. The system aids in optimizing the pilot’s in-flight knowledge and familiarizing them with airplane maneuvering under emergencies, such as bad weather, loss of electronics, tire blowouts and hydraulic failures. As a result, it finds extensive applications in commercial and military aviation and satellite training.
Significant growth in the aviation sector across the globe represents one of the key factors creating a positive outlook for the market. Airlines are using innovative simulators to provide cost-effective airborne training experience to pilots in a safe environment. Furthermore, the increasing emphasis on enhancing pilot and passenger safety in aircraft by various government and private organizations is also driving the market growth. Additionally, widespread adoption of unmanned aerial systems (UASs) and the development of virtual training solutions are acting as other growth-inducing factors. These solutions provide night-vision and real-time computer image generation facilities with optimal motion-cueing technologies to provide realistic flying experience to the pilot. Other factors, including the utilization of these systems for the investigation of aircraft accidents, along with the deployment of reconfigurable flight simulation and training systems in human space exploration programs, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global civil aerospace simulation and training market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, aircraft type, platform and application.
Breakup by Type:
Full Flight Simulator
Flight Training Device
Breakup by Aircraft Type:
Narrow Body Aircrafts
Wide Body Aircrafts
Breakup by Platform:
Fixed Wing Simulator
Rotary Wing Simulator
Breakup by Application:
Commercial Aviation Training
Military Aviation Training
Breakup by Region:
Middle East and Africa
The report has also analysed the competitive landscape of the market with some of the key players being CAE Inc, Diamond Visionics LLC, Elbit Systems Ltd, Flightsafety International Inc. (Berkshire Hathaway Inc.), Frasca International Inc., Indra Sistemas S.A, L3harris Technologies Inc., Lockheed Martin Corporation, Thales S.A and The Boeing Company.
Key Questions Answered in This Report:
How has the global civil aerospace simulation and training market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global civil aerospace simulation and training market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the aircraft type?
What is the breakup of the market based on the platform?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global civil aerospace simulation and training market and who are the key players?
What is the degree of competition in the industry?
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