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Flight Simulator Market Size – Share, Industrial Growth and Competitive Analysis by Top Key Players Like ECA SA, Elbit Systems, Flightsafety International, FRASCA International, Indra Sistemas SA, L3 Technologies

01-29-2019 01:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Flight Simulator Market Size To Expand at a Notable CAGR Of 4% During 2018 - 2023

Flight Simulator Market Size To Expand at a Notable CAGR Of 4% During 2018 - 2023

Flight Simulator Market: Information by Type (Full Flight Simulator, Flight Training Device, & Others), by Platform (Fixed Wing Simulator, Rotary Wing Simulator, & UAV Simulator), by Application (Military & Commercial), & by Region — Global Forecast till 2023

Key Players:

The key players in the global flight simulator market are CAE Inc. (Canada), ECA SA (France), Elbit Systems Ltd. (Israel), Flightsafety International Inc. (US), FRASCA International, Inc. (US), Indra Sistemas SA (Spain), L3 Technologies, Inc. (US), Thales SA (France), TRU Simulation + Training Inc. (US), and United Technologies Corporation (US).

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Flight Simulator Market Size To Expand at a Notable CAGR Of 4% During 2018 - 2023

Market Scenario:

Flight simulator is an equipment which creates artificial flight environment. It is mainly used for the purpose of training pilots in operating manned and unmanned aerial vehicles. Simulator offers a cost-effective alternate to live training. Over a period, the computer processors got more powerful, so did the graphics, computing speed, hardware, and the visual displays, of the simulation platform. This has enabled features such as piloting a plane more realistic. Hence, in today’s current budget-constrained situation, both the airline operators and military organizations are keen on procuring simulation solutions in order to train their pilots efficiently and in a cost-effective manner.

Factors such as rising passenger traffic & subsequent focus on training new commercial aircraft pilots and increasing procurement of combat aircraft coupled with growing need for fighter pilots are positively impacting the flight simulator market growth. In addition, less maintenance feature of simulation systems as compared to trainer aircrafts further boosts the market growth. However, the lack of interoperability hinders market growth to a certain extent. Meanwhile, focus on reducing pollution caused by airborne vehicles and rising adoption of AR/VR technology creates promising growth opportunities for the flight simulator market.

The global flight simulator market has been segmented by type, platform, application and region. Based on type, the flight simulator market is divided into full flight simulator, flight training device, & others. In 2017, the full flight

Intended Audience:

Flight Simulator Manufactures

Aircraft OEMs

Airlines

Software Developers

Component Providers

Defense Organizations

Research Institutes

Regulatory Bodies

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Table Of Contents

1. Executive Summary

2. Market Introduction

2.1. Market Definition

2.2. Scope Of The Study

2.3. Market Structure

2.4. Key Takeaways

2.5. Key Buying Criteria

3. Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List Of Assumptions

3.7. Limitations

4. Market Landscape

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

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