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Flight Simulator Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

10-01-2024 10:13 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Flight Simulator Market Size, Trends, Latest Insights,

The global flight simulator market is anticipated to grow at a considerable CAGR of 6.3% during the forecast period.  The market developments such as new product launches and collaboration among key players is a key factor driving the growth of the global market. For instance,

in May 2023, Lilium N.V., developer of the first all-electric vertical take-off and landing (eVTOL) jet, partnered with FlightSafety International (FSI) for the development of flight training devices. This includes immersive simulators and an early flight simulator (e-Sim) integrated into Lilium's ground-based testing, aiding in pilot familiarization and aircraft certification for the revolutionary Lilium Jet.

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Further, in June 2023, Embraer unveiled its inaugural simulator for the KC-390 Millennium multi-mission jet. According to the company, this Level D simulator offers multiple training scenarios catering to pilots of Embraer's largest aircraft.

Furthermore, in February 2023, BAE Systems, and India's FSTC partnered to develop a mission simulator for the Indian Air Force's Hawk 132 jet trainer fleet.Under this partnership, the two firms will collaborate on the development of a twin-dome full mission simulator for the BAE Systems Hawk 132 jet trainer. According to the company, this simulator will leverage a lifelike synthetic environment to enhance pilot training standards. In June 2023, Embraer and the Brazilian Air Force initiated a midlife upgrade (MLU) study for the A-29 Super Tucano fleet, alongside the unveiling of the first flight simulator for the KC-390 Millennium multi-mission jet. The MLU program aims to introduce various updates and advancements to the A-29 Super Tucano fleet, including the integration of a fifth-generation avionics system with expandable capacity, enhancements to navigation and communication systems, expansion of available weapons systems, and improvements to surveillance and self-protection sensors.

Global Flight Simulator Market Report Segment

By Simulator Type

Full Flight Simulator (FFS)
Flight Training Devices (FDS)

By Application

Civil
Military

A full report of Flight Simulator Market available @  https://www.omrglobal.com/industry-reports/flight-simulator-market

Company Profiles

Airbus SE
ALSIM EMEA
Collins Aerospace
FAAC Inc.
Fidelity Technologies Corp.
FlightSafety International Inc. (a subsidiary of Berkshire Hathaway)
Frasca International, Inc.
Gen24
HAVELSAN Inc.
Kratos Defense & Security Solutions, Inc.
Leonardo S.p.A.
Meggitt PLC

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Media Contact:

Contact Person: Mr. Anurag Tiwari

Email: anurag@omrglobal.com

Contact no: +91 780-304-0404

Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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