Press release
Global flight simulator market is expected to grow at a CAGR of 3.2% over the forecast period, 2019–2026
Flight Simulator MarketA flight simulator is a virtual reality system (software and hardware) capable of simulating the environment of a flying machine for a pilot, which allows the user to experience piloting a specific type of aircraft. It is regarded as one of the first successful applications of virtual reality software, largely used for pilot training and recreational/gaming. These software programs can also be used to research aircraft characteristics, and control the handling characteristics, design and development of aircraft. The main purpose of a flight simulator is to help the pilot achieve, test and maintain proficiency in aircraft handling knowledge, and gain experience. Flight simulators are also extensively used to learn how to react in emergency situations. Military flight simulators educate military personnel about critical situations such as loss of electronics, hydraulic failures, bad weather, and incidents such as tire blowouts on landing that they may be susceptible to during missions.
The Major Players Covered in this Report:
CAE Inc., L-3 Communications Holdings, Inc., The Boeing Company, FlightSafety International Inc., Thales Group, and Rockwell Collins, Inc.
The flight simulator market is expected to grow at a CAGR of 3.2% over the forecast period, 2019–2026.
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By Type, Full Flight Simulator (FFS), Full Mission Simulator (FMS), Flight Training Devices (FTD), Fixed Base Simulator (FBS)
By Flight Type, Fixed Wing, Rotary Wing, Unmanned Aircraft
By Application, Military, Commercial
Market Segmentation
The flight simulator market can be segmented by type, flight type, and application.
On the basis of type, the flight simulator market can be segmented into Full Flight Simulator (FFS), Full Mission Simulator (FMS), Flight Training Devices (FTD), and Fixed Base Simulator (FBS). Among these, the Full Flight Simulator (FFS) segment is projected to grow at the highest rate, due to the low purchase cost and efficient operations associated with these simulators.
On the basis of flight type, the market can be segmented into fixed wing, rotary wing, and unmanned aircraft. The unmanned aircraft segment is expected to grow at the highest CAGR, with the growing prominence of unmanned aircraft in defense as well as commercial sectors.
Regional Analysis For Flight Simulator Market:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
In this study, the years considered to estimate the market size of the Flight Simulator are as follows:
History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026
Why Buy This Report?
This report offers key insights pertaining to the flight simulator market with emphasis on recent developments across geographies and development strategies adopted by prominent market participants. The following sections have specifically been covered in the report.
Competitor Analysis
Market Concentration of Top Five Players
Potential Ventures
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