This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the global flight simulator industry. The report analyzes and declares the historical and current trends analysis of the global flight simulator industry and subsequently recommends the projected trends anticipated to be observed in the global flight simulator market during the upcoming years.
The global flight simulator market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire global flight simulator market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the global flight simulator industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the global flight simulator industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global flight simulator market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the global flight simulator industry. The global flight simulator market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the global flight simulator sector. Key strategic developments in the global flight simulator market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global flight simulator market are appropriately highlighted in the report.
A flight simulator is an imitated cockpit of an aircraft primarily used for flight training purposes. The flight simulator creates a counterfeit environment of flight operations starting from takeoff to landing. It is considered one of the finest forms of virtual reality. Through flight simulator, the pilots and crewmembers can get hands-on-experience of operating flights in a much safer and cost-effective manner. Likewise, the pilots are trained to handle the flight in different artificially generated complex situations.
The flight simulator has started gaining importance in commercial as well as the military sector from the last decade. Through the advanced virtual reality technologies, sophisticated computers, and visual effects, the manufacturers have succeeded in simulating the outside view from the cockpit. The key factors fueling the demand for flight simulators are the huge operational costs for conducting flights for training purposes and it is a safer & secure way of training the pilots without any loss of lives.
The global flight simulator market research report delivers an acute valuation and taxonomy of the global flight simulator industry by practically splitting the market on the basis of different types, platforms, solutions, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
Report Attribute |
Details |
Market Size in 2019 |
USD 4.5 Billion |
Projected Market Size in 2026 |
USD 8 Billion |
CAGR Growth Rate |
5% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Flight Safety International, Indra Sistemas, Thales Group, Boeing Company, Raytheon Company, L-3 Communications, Frasca International, Airbus Group, SIMCOM Aviation Training, CAE, Precision Flight Controls, Collins Aerospace, TRU Simulation + Training, and Avion Group, and Others |
Key Segment |
By Type, Platform, Solution, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The regional segmentation of the global flight simulator industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the global flight simulator industry is provided for the leading economies of the world.
The global flight simulator market is segmented based on the type, platform, solution, and region. On the basis of type, the global flight simulator industry is categorized into flight training devices, flight simulators, flight simulator training, flight mission simulators, full flight simulators, fixed base simulators, virtual flight training, and line flight training. Platform-wise, the global market is segmented into training aircraft, military aircraft simulator, special mission aircraft, helicopter simulator, commercial aircraft simulator, unmanned aerial vehicles (UAVs) simulator, narrow-body aircraft, regional transport aircraft, wide-body aircraft, transport/tanker aircraft, very large aircraft, and combat aircraft. The global flight simulator market, by solution, is bifurcated into services, products, software, hardware, software upgrade, and hardware upgrade.
The taxonomy of the global flight simulator industry by its scope and segmentation is as follows:
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