Civil Aerospace Simulation and Training Market to Witness Exponential Growth by 2021

Market Highlights

The Global Civil Aerospace Simulation and Training market is expected to register the growth CAGR of around 5% during 2016-2021. Global Civil Aerospace Simulation and Training Market is expected to worth billions of USD during the forecast period - 2016-2021

Civil Aerospace Simulation and Training has brought about drastic changes in flight training approaches, minimizing the training risk (Dicey Modules) and enhancing training quality. Civil Aerospace Simulation and Training has also implemented significant improvements in flight safety, alleviating airborne congestion and the impact of aviation on the environment, all This while reducing the cost of training.

Aircraft demand is expected to cross over 40,000 units by 2018. The growth of this market emphasizes the need for trained pilots and improved aviation training methods, regulation and new licensing techniques and delivery of new aircrafts support growth of the industry globally.
Major market constraints are lack of simulators for complex systems; growing adoption of gaming technology and presence of several private players in the market. Mergers and acquisition is seen to be the most prevailing trend in the market. The aerospace and military training & simulation market has recorded several mergers and acquisitions in the past year, despite continued uncertainty in the market caused by sequestration.

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Major key Players
CAE,
FlightSafety International,
Rockwell Collins,
L-3 Communications,
Lockheed Martin,
Thales Training,
Frasca,
Indra Sistemas,
Diamond Visionics LLC,
Vector Training Systems.
As per the MRFR analysis, the EMEA region will continue its dominance owning a large market share

APAC will have significant growth at CAGR of around 6% during the forecast period. The APAC market is gaining momentum in terms of passenger growth, and this trend is expected to accelerate the purchase of new aircrafts in the region. China and India are two key countries in this region that are fueling the demand for advanced flight simulators. The reports also cover country level analysis.

Trends synopsis
Utilization of new technology such as computer graphics, mechanical actuation, and distributed computing has also become a key trend in the civil aerospace simulation market. Thanks to greater computing speeds, improved memory capacity, and improved image producing capabilities, high-performance simulators are entering the market.

Narrow body aircrafts are growing significantly, and this study predicts an enormous surge in its fleet size in the years to come. In 2014, the narrow body segment led the market by contributing revenues in excess of $1,600 million.

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Market Segments:
Global Civil Aerospace Simulation & Training Market is segmented in to three dynamics for better understanding of the market.
By Simulator Type: Flight Training Devices (FTD), Full Flight Simulators (FFS), Flight Simulation Training Devices (FSTD)
By Aircraft Type: Fixed Wing and Rotary Wing.

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