Press release
Pilot Training Market Size, Share, Overview, Industry Trends & Growth by 2030
The global pilot training market size was valued at USD 2.35 billion in 2021 and touched USD 2.96 billion in 2022. This market is estimated to reach USD 20.21 billion by 2029, exhibiting a CAGR of 31.55% during 2022-2029. Launch of technologically advanced aircraft and rising adoption of virtual reality are likely to fuel industry growth. Fortune Business Insightsโข shares this information in its report titled "Pilot Training Market, 2022-2029."๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/pilot-training-market-107092
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ
โข CAE Inc.(Canada)
โข Lufthansa Aviation Training GmbH. (Germany)
โข L3 Harris Technologies Inc.(U.S.)
โข Flight Safety International (U.S.)
โข Pan AM Flight Academy (U.S.)
โข ATP Flight School. (U.S.)
โข Thrust Flight. (U.S.)
โขAirbus Flight Academy. (France)
โขIndra Sistemas S.A (Spain)
โขBAA Training (Lithuania)
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ
๐ ๐ฅ๐ข๐ ๐ก๐ญ ๐๐ซ๐๐ข๐ง๐ข๐ง๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ฎ๐ ๐ญ๐จ ๐๐๐ฆ๐๐ง๐ ๐๐ซ๐จ๐ฆ ๐๐ค๐ข๐ฅ๐ฅ๐๐ ๐๐ข๐ฅ๐จ๐ญ๐ฌ
By training mode, the market is segmented into flight training and ground training. The flight training segment dominated the global market in 2021 due to the demand for flight training from skilled pilots.
๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐ข๐ฅ๐จ๐ญ ๐๐ข๐๐๐ง๐ฌ๐ ๐ญ๐จ ๐๐ซ๐จ๐ฐ ๐๐ญ ๐ ๐ ๐๐ฌ๐ญ ๐๐๐ญ๐ ๐๐ญ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐๐๐ฅ๐ ๐ญ๐จ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ข๐ซ ๐๐ซ๐๐ฏ๐๐ฅ
As per type of license, the market is classified into student pilot license, private pilot license, commercial pilot license, airline transport pilot license, and others. The commercial pilot segment is likely TO grow at with the highest CAGR over the forecast period due to rising air travel demand.
๐๐ข๐ซ๐ฉ๐ฅ๐๐ง๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ข๐๐ฌBased on aircraft type, the market is categorized into airplane and helicopter. The airplane segment is likely to lead due to rising aircraft deliveries.
Regionally, the market is classified into North America, Europe, Asia Pacific, and the rest of the world.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/pilot-training-market-107092
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ค๐ข๐ฅ๐ฅ๐๐ ๐๐ข๐ฅ๐จ๐ญ๐ฌ ๐ญ๐จ ๐ ๐จ๐ฌ๐ญ๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Pilot training comprises a flight training syllabus encompassing ground and flight schools. It is conducted for 10 to 22 months. Increasing demand for skilled pilots may boost the adoption of advanced flight training methods. Furthermore, the rising adoption of safe travels worldwide is likely to elevate the adoption of advanced training systems. Moreover, the incorporation of advanced technologies and virtual reality is likely to elevate training systems' adoption. Also, the incorporation of innovative technologies in aircraft is likely to boost the demand for pilot training systems. These factors may drive the pilot training market growth.
However, initial certification costs of pilot training are likely to hinder market progress.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ซ๐๐ฌ๐๐ง๐๐ ๐จ๐ ๐๐๐ฃ๐จ๐ซ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ญ๐จ ๐ ๐จ๐ฌ๐ญ๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
North America is projected to dominate the pilot training market share due to the presence of key players. The market in North America stood at USD 0.74 billion in 2021 and is expected to gain a huge portion of the global market share in the coming years. Further, the presence of several airports and well-established training centers is likely to elevate market growth.
In Europe, the presence of numerous training centers for pilots such as Airbus Flight Academy may elevate the adoption of pilot training. Further, the presence of advanced simulator systems may bolster market progress.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ง๐ญ๐๐ซ ๐ข๐ง๐ญ๐จ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ๐ฌ ๐ญ๐จ ๐๐ซ๐จ๐ฏ๐ข๐๐ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐ซ๐๐ข๐ง๐ข๐ง๐ ๐ญ๐จ ๐๐ข๐ฅ๐จ๐ญ๐ฌ
The prominent companies operating in the market enter into partnerships to provide advanced training to pilots and enhance their brand image. For example, CAE partnered with Joby Aviation in June 2022. This partnership was undertaken by both companies for training pilots using the eVTOL platform. Joby Aviation shall overlook the landing aircraft and all-electric vertical take-off while CAE focuses on the provision and development of training devices. This strategy may enhance their product offerings and boost brand image. Furthermore, companies invest in innovations, research and development, industrial automation, and expansions to enhance their market position.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐๐๐- CAE signed a 15-year partnership agreement with Qantas Group to start a new training center in Sydney, Australia.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/pilot-training-market-107092
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐.๐. ๐๐ข๐ฅ๐จ๐ญ ๐๐ซ๐๐ข๐ง๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
https://www.fortunebusinessinsights.com/u-s-pilot-training-market-108918
๐๐ข๐ฅ๐ข๐ญ๐๐ซ๐ฒ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ
https://www.fortunebusinessinsights.com/military-communications-market-102696
๐๐ง๐๐๐ซ๐ฐ๐๐ญ๐๐ซ ๐๐จ๐ง๐ง๐๐๐ญ๐จ๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ
https://www.fortunebusinessinsights.com/underwater-connectors-market-106577
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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