Press release
Flight Simulator Market 2020 Insights and Business Growth - CAE, L3 Technologies, FlightSafety International
Flight Simulator Market
The New report includes a detailed study of Global Flight Simulator Market. It is the result of a comprehensive research carried out keeping in mind the different parameters and trends dominating the global Flight Simulator Market.
The global Flight Simulator market is valued at 3713.3 million US$ in 2020 is expected to reach 4640.8 million US$ by the end of 2026, growing at a CAGR of 3.2% during 2021-2026.
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.
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Top Key Players in the Market:
CAE, L3 Technologies, FlightSafety International, Thales, Rockwell Collins, Boeing, Textron, etc.
Latest news and developments:
Alpha Aviation Group have announced a brand-new Airbus A320 full flight simulator (FFS) and expansion of its simulator training center. The new flight simulator expected ready for training by 2019 comes with full Upset Prevention and Recovery Training (UPRT) capability and with A320 New Engine Option (NEO) and Current Engine Option (CEO).
July 18, 2018: flight simulators (FFSs) represented the historic total annual output for all producers. The simulator industry is now approaching a combined 100 new FFSs a year.
This research report categorizes the global Flight Simulator market by top players/brands, region, type and end user. This report also studies the global Flight Simulator market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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.
Market Segment by Type:
FFS (Full Flight Simulator)
FTD (Flight Training Devices)
Other Types (FBS/FMS)
Market Segmentation by Application:
Military Application
Commercial Application
The report provides in-depth comprehensive analysis for regional segments that covers North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World in Global Outlook Report with Market definitions, classifications, manufacturing processes, cost structures, development policies and plans.
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In this study, the years considered to estimate the market size of Flight Simulator are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Influence of the Flight Simulator market report:
o Comprehensive assessment of all opportunities and risk in the Flight Simulator market.
o Flight Simulator market recent innovations and major events.
o Detailed study of business strategies for growth of the Flight Simulator market-leading players.
o Conclusive study about the growth plot of Flight Simulator market for forthcoming years.
o In-depth understanding of Flight Simulator market-particular drivers, constraints and major micro markets.
o Favourable impression inside vital technological and market latest trends striking the Flight Simulator market.
The research includes historic data from 2014 to 2020 and forecasts until 2026 which makes the report's an invaluable resource for industry executives, Marketing, Sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
We Offer Customization on report based on specific client Requirement:
- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales)-Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
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MarketInsightsReports provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. MarketInsightsReports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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