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. Increased demand for better and effective pilot training is anticipated to accelerate growth of the market. The growing importance of aircraft safety as well as the need for substantial training is one of the major factor which attributes for the growth of the market in the estimated forecasts period.
Global Flight Simulator Market: Key Players
The research study includes profiles of leading companies operating in the global flight simulator market. Key players profiled in the report include: Alenia Aeronautica, Boeing, CAE, Cassidian, DiSTI, Fidelity Technologies Corporation, HAVELSAN, Kratos Defense and Security Solutions, L-3 Link Simulation and Training and Lockheed Martin Corporation. In March 2019, CAE Inc. formed a joint venture with Leonardo SpA to provide 3000 Series full-flight simulators for its Philadelphia Training Academy that is expected to open in 2020.
Drivers for the Global Flight Simulator Market:
The rise in the demand for new aircraft creates additional demand for commercial pilots, which acts as a major factor in driving the growth of the flight simulator market. The rapid up-gradation in simulation technology and its applications are the some of the factors driving the growth of the market in the estimated forecasts period.
Opportunities for the Global Flight Simulator Market:
Some of the factors such as increased demand for the flight simulators for air accident investigation are also one of the major attributes which is likely to boost the growth of the market in the estimated forecasts period. Moreover, technological advancements are also likely to boost the growth of the market in the estimated forecasts period.
Restrains for the Global Flight Simulator Market:
Some of the factors as lack of interoperability and rising concerns over pilot training cost, fluctuating fuel prices, and cost saving on actual aircraft maintenance and repair are also hindering the growth of the market. The increased time of production is also one of the major aspects which are likely to hamper the growth of the market.
Region Wise, Global Flight Simulator Market Analysis:
North America anticipated having the largest share in the market. This can be attributed to the favorable defense rules and regulations, and availability of advanced commercial and military infrastructure is boosting market growth. The region of North America leads in global technological advancements and military expenditure and thus generates a very high demand for simulation and training systems.
Global Flight Simulator Market: Product Analysis
- Full Flight Simulator (FFS)
- Fixed Flight Training Devices (FTD)
Global Flight Simulator Market: Application analysis
- Military & Defense
Global Flight Simulator Market: Region Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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