Press release
Global Flight Simulator Industry is projected to reach 4470 Million US$ by 2025
In terms of production side, this report researches the Flight Simulator capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
.In terms of consumption side, this report focuses on the consumption of Flight Simulator by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
A flight simulator is a device that artificially re-creates aircraft flight and the environment in which it flies, for pilot training, design, or other purposes. It includes replicating the equations that govern how aircraft fly, how they react to applications of flight controls, the effects of other aircraft systems, and how the aircraft reacts to external factors such as air density, turbulence, wind shear, cloud, precipitation, etc.
Flight simulators are now extensively used in the aviation industry for design and development and the training of air crew for both civil and military aircraft. In the coming years there is forecasted to be stable demand scale for flight simulator worldwide, especially in emerging market such as China and India, which is expected to drive the industry development of flight simulator. It is forecasted that the global market of flight simulator will reach as high as 4099 Million USD by the end of 2022.
Globally, the flight simulator industry market is quite concentrated as the manufacturing technology of flight simulator is super complex and is related to lots of hardware and software technology. Several enterprises, like CAE, L3 Technologies and FlightSafety International are well-known for the technology status of their flight simulator and related services. At the same time, North America, occupied 80% revenue market share in 2016, is remarkable in the global flight simulator industry because of their market share and technology status.
The Flight Simulator market was valued at 3480 Million US$ in 2017 and is projected to reach 4470 Million US$ by 2025, at a CAGR of 3.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Flight Simulator.
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This report includes the following manufacturers; we can also add the other companies as you want.
CAE
L3 Technologies
FlightSafety International
Thales
Rockwell Collins
Boeing
Textron
...
Market Segment by Product Type
FFS (Full Flight Simulator)
FTD (Flight Training Devices)
Other Types (FBS/FMS)
Market Segment by Application
Military Application
Commercial Application
Key Regions split in this report:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
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