Military Aerospace Simulation and Training Market Customers Continue to Look Towards Simulators as a Way to Reduce Costs

This study researches the market size of Military Aerospace Simulation and Training in United States, European Union and China, presents the Military Aerospace Simulation and Training production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.

Military Aerospace Simulation and Training includes the aerospace simulators, training devices and related services for military. They are commonly purchased by governments of countries who have strong air forces and military aircrafts.

Aerospace simulator and training device are devices that artificially re-create 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.

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Currently in the global military aerospace simulator population, United States has an absolutely leading position with a share of over 58%, after it is China with a share of over 4.8%, then followed by UK, Canada, France, Austria. The six countries have a share of about 73.7%.

Most of the leading military aerospace training and simulation suppliers have recorded revenue growth and do not expect any slowdown as their customers continue to look towards simulators as a way to reduce costs, while improving the readiness of their pilots. While much of the growth in the military aerospace simulation market has been generated by orders for new simulators, orders for existing equipment upgrades are also contributing to the total market.

Although Chinese military aerospace training and simulation industry started later than the developed countries, it has already had a big development in recent years. Due to fierce competition in the international market as well as the core technology monopoly, China Air Force has to spend a lot of money to introduce foreign aircraft simulator or spend high cost for training people abroad, it resulted the high cost of domestic pilot training, and the operating costs cannot be reduced. For reasons of national defense need as well as domestic civil market demand, flight simulation equipment industry belongs to the industries which need rapid development.

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In 2018, the market size of Military Aerospace Simulation and Training is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.

In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Military Aerospace Simulation and Training.

In United States, European Union and China market, the following companies are covered:

Boeing

Lockheed Martin

Northrop Grumman

CAE

Thales

FlightSafety

CSTS Dinamika

Kratos

L-3 Communications

Rockwell Collins

Textron

BAE Systems

Rheinmetall

Bluesky

Moreget

Market Segment by Product Type

Full Flight Simulator

Flight Training Device

Computer Based Training

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Market Segment by Application

Fixed-wing Aircraft

Rotary-wing Aircraft

Key Regions split in this report:

United States

China

European Union

Rest of World (Japan, Korea, India and Southeast Asia)

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