Simulators Market Expected to Grow at 20.99 Billion in Revenue by 2022 | CAE , L-3 Communication, FlightSafety , Boeing , Thales , FAAC , ECA and Others.

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The Simulators Market is estimated at US$ 16.62 Billion in 2017 and is projected to reach US$ 20.99 Billion by 2022, at a CAGR of 4.78% from 2017 to 2022. Simulators Market report spread across 142 pages, profiling 25 companies and supported with 65 tables and 38 figures are now available in this research report.

Most Popular Companies in the Simulators Market include are
• CAE
• L3 Technologies
• Boeing
• Thales
• Kongsberg Maritime
• Vstep Simulation
• ARI Simulation
• Nautical Simulation
• Transas
• Lockheed Martin
• Flightsafety International
• Meggitt
• Saab
• ECA Group
• Oktal
• Faac Incorporated

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“Based on Application, the military segment is estimated to lead the simulators market in 2017”
Based on Application, the military segment is estimated to lead the simulators market in 2017.The growth of this segment can be attributed to increased use of simulators for pilot training and military crew training.

“Based on Technology, the live simulation segment expected to lead the simulators market during the forecast period”
Based on Technology, the live simulations segment of the simulators market is estimated to lead the simulators market during the forecast period. The adoption of live simulation technology for military training is one of the most significant factors projected to drive the growth of the live simulation segment.

“Based on Type, the full mission simulators segment is estimated to lead the simulators market from 2017 to 2022”
Based on Type, the full mission simulators segment is estimated to lead the simulators market from 2017 to 2022. This growth can be attributed to the increasing adoption of full mission simulators training across airborne, naval, and land applications.

“North America is estimated to lead the simulators market in 2017, and Asia Pacific is projected to grow at the highest CAGR during the forecast period”
North America is estimated to lead the simulators market in 2017 and is projected to continue its dominance during the forecast period, in terms of market share, as the region has the largest military and commercial aircraft fleets in the world. The simulators market in Asia Pacific is projected to grow at the highest CAGR during the forecast period, owing to the growth in the aviation industry and increase in aircraft deliveries in the region.

Breakdown of Primary Participants’ Profile:
• By Company Type: Tier 1 – 20%, Tier 2 – 55%, and Tier 3 – 25%
• By Designation: C Level Executives– 50%, Directors – 25%, and Others – 25%
• By Region: North America –60%, Europe – 20%, Asia Pacific – 10%,South America – 5%, and Middle East & Africa – 5%

Report Highlights:
The Report analyzes the simulators market on the basis of type (full mission simulators, flight training devices, full flight simulators, fixed-based simulators, containerized simulators, desktop simulators, console simulators, and others), technology (live simulation, virtual simulation, constructive simulation, gaming simulation, and integrated training environment), application (military, commercial), vehicle class (airborne, land, naval), component (hardware, software). These segments and subsegments have been mapped across major regions, namely, North America, Europe, Asia Pacific, the Middle East, and Rest of the World.

Target Audience for Simulators Market: Simulator Manufactures, Technology Providers, System Integrators, Transport Industry Players, Simulation Service Providers, Pilot Training Institutes, Simulator Suppliers & Distributors

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This release was published on openPR.