Drone Simulator Market 2020 Huge Demand by Globally with Top Key Player - Havelsan A.S., HELI-X, Simlat Uas Simulation, Hotprops, Immersion RC Ltd.

Drone Simulator Market

The research report on Drone Simulator market studies current trends, market financial overview and historical data evaluation based on research insights and market dynamics of Drone Simulator market. Global Drone Simulator market is thoroughly examined based on global market share, size and revenue projections, calculated by current market performance including drivers, trends, and challenges. The report also includes developments by important companies and manufacturers in the market.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1) Zen Technologies Limited
2) Aegis Technologies
3) CAE Inc.
4) General Atomics Aeronautical Systems Inc.
5) Singapore Technologies Electronics Limited
6) Havelsan A.S.
7) HELI-X
8) Simlat Uas Simulation
9) Hotprops
10) Immersion RC Ltd.
11) Israel Aerospace Industries Ltd
12) Sikan Nutzfahrzeuge GmbH
13) Leonardo S.p.A
14) L3 Link Training & Simulation
15) Real Flight Software
16) Selex ES

According to the predictions made in the latest report by Quince Market Insights, the Drone Simulator Market is projected to promise strong growth owing to the increasing demand for trained pilots in past years. Increasing research and development activities in military simulation is expected to propel the growth of the drone simulator market. This market has witnessed a number of major innovations and development by major companies including General Atomics Aeronautical Systems Inc., Aegis Technologies, CAE Inc., Havelsan A.S., HELI-X, and others with a focus on different strategies for business growth like organic and inorganic. Emerging regions like the Asia Pacific and the Middle East are among the high-potential, high-growth markets in several main economies.

The drone simulators are designed with complex design, and there is less availability of trained trainers. For this reason, drone simulator end-users have limited their purchasing, as the complex design requires high maintenance and lack of skilled trainers is a major concern despite drone simulator operators. This factor acts as a factor inhibiting the growth of the drone simulator market.

A drone simulator system is a virtual platform for drone pilots where an artificial environment is created for them to learn how to fly a drone on a device. It gives the pilots a virtual experience, without damaging any device. The drone simulator capabilities are improving with advancements in artificial intelligence and growing developments in drone simulator systems, and this is anticipated to drive the drone simulator market during the forecast period.

Based on device type, the drone simulator market has been divided into augmented reality and virtual reality. The augmented reality segment is expected to grow at the highest CAGR over the forecast period. This segment projected high growth is due to increasing adoption of augmented reality drone simulators in military applications that give pilots a better training experience by using the real-world environment.
By Platform Type, the global drone simulator market has been segregated into military and commercial. Among these, the commercial segment is expected to grow at the highest CAGR owing to the increasing demand for drones in several industries, such as inspection and monitoring, and agriculture and construction end-use applications.

Key Development:
In Oct 2018, France's Elouan Jorrand has recently created a drone racing track simulation online. It will be used in Shenzhen, China, at the first FAI World Drone Racing Championships.

Key Factors Impacting Market Growth:
o Increasing research activities in military simulation
o Rise in defense expenditure of developing nations
o Increasing demand for trained pilots

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On the global drone simulator market, the North American sector is expected to hold a significant share. Countries such as the United States and Canada are expected to witness an increase in the adoption of drone industry simulators. Increasing defense spending on drone research & development along with high commercial-sector applications is expected to drive the drone simulator market in this nation. During 2017, the U.S. military received a cumulative fund of approximately USD 4.61 billion according to the Department of Defense Estimates for the acquisition and development of new drones.

Market Segmentation:

By Drone Type:
Fixed Wing
Helicopter
Quadcopter

By Platform Type:
Military
Commercial

By System Type:
Portable
Fixed

By Component:
Hardware
Software

By Device Type:
Virtual Reality
Augmented Reality

By Region:
North America
o By Country (US, Canada, Mexico)
o By Drone Type
o By Platform Type
o By System Type
o By Component
o By Device Type

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Drone Type
o By Platform Type
o By System Type
o By Component
o By Device Type

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Drone Type
o By Platform Type
o By System Type
o By Component
o By Device Type

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Drone Type
o By Platform Type
o By System Type
o By Component
o By Device Type

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Drone Type
o By Platform Type
o By System Type
o By Component
o By Device Type

Rest of the World
o By Region (South America, Africa)
o By Drone Type
o By Platform Type
o By System Type
o By Component
o By Device Type

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This release was published on openPR.