Global UAV Flight Training and Simulation Sector - Market Forecast and Analysis (2017 - 2022)
The global unmanned aerial vehicle (UAV) flight training and simulation market is expected to grow at a CAGR of 7.31% during the forecast period. Currently, this market has growing acceptance, cost effectiveness, and mobility.
UAV is steadily replacing the conventional manned aircraft in various civilian and military fields. However, the market is facing a shortage of skilled and certified UAV pilots, especially in the civilian sector. This aspect is fueling the demand for UAV flight simulators all over the world. The market is poised to undergo a rapid expansion during the forecast period, especially in the North American and European markets. The increased use of UAVs, globally, over commercial enterprises has prompted increased R&D in various countries.
Integration and usage of UAVs is the maximum in North America and Europe. The United States, Japan, France, and Germany are some countries witnessing high activity in the untapped civilian UAV market. These countries' UAV markets (and the dependent simulation markets) are expected to show a strong growth rate during the forecast period. The Middle East & African region is a nascent market. It could become a viable market for non-recreational civilian purposes, subject to the government reducing regulatory norms and relaxing UAV flight rules.
The market has been segmented by
Type - into MALE, HALE and SUAV Application - into Military and Civil Geography - into North America, South America, Europe, the Middle East & Africa and Asia Pacific CAE, Israel Aerospace Industries, Selex ES and L-3 Link Simulation & Training are some of the key players in the global UAV flight training and simulation market.
What the report offers
Market analysis of the global UAV flight training and simulation market, with region-specific assessments and competition analysis on a global and regional scale. Market definition along with the identification of key drivers, opportunities and restraints. Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies. Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and key companies that can influence this market on a global and regional scale. An extensively researched competitive landscape section with profiles of major companies, along with their market share. Identification and analysis of the macro and micro factors that affect the UAV flight simulation market on a global and regional scale.