Flight Simulator Market by 2022 Analysis, Growth, Drivers, Challenges, Opportunities, Vendors, Types, Applications, Regions, & Forecast
The increasing importance of aircraft safety and the need for substantial flight training and simulation is estimated to stimulate the industry growth. With increasing complexity of both military and civil aircraft due to advancement in avionics, flight-crew training is required. Thus, resulting in fueling the growth of flight simulator market.
The increasing importance of aircraft safety and the need for substantial flight training and simulation is estimated to stimulate the industry growth. With increasing complexity of both military and civil aircraft due to advancement in avionics, flight-crew training is required. Thus, resulting in fueling the growth of flight simulator market.
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<strong>Flight</strong> <strong>Simulator</strong> <strong>Market</strong> <strong>Analysis</strong>, Size,<br />
Share, <strong>Growth</strong>, Trends and <strong>Forecast</strong> <strong>2022</strong>:<br />
Million Insights<br />
“The increasing importance of aircraft safety and the<br />
need for substantial flight training and simulation is<br />
estimated to stimulate the industry growth. With<br />
increasing complexity of both military and civil aircraft<br />
due to advancement in avionics, flight-crew training is<br />
required. Thus, resulting in fueling the growth of flight<br />
simulator market.”<br />
Global <strong>Flight</strong> <strong>Simulator</strong> <strong>Market</strong> is expected to grow at a significant pace owing to growing demand for aircraft. The<br />
increasing importance of aircraft safety and the need for substantial flight training and simulation is estimated to<br />
stimulate the industry growth. With increasing complexity of both military and civil aircraft due to advancement in<br />
avionics, flight-crew training is required. Thus, resulting in fueling the growth of flight simulator market.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/flight-simulator-market-analysis<br />
The research and development efforts in aerospace technology and an increase in the rate of air transportation are<br />
anticipated to drive the growth of this industry. The improved aerospace management and better evaluation of pilots<br />
are the factors projected to boost the market growth. Furthermore, the advantages associated with the flight<br />
simulation include an ability to save fuel costs, ensuring aircraft safety and high efficiency of simulation technology are<br />
presumed to have a positive impact on the growth of this industry.
The increasing government initiative is estimated to fuel the market growth. The Federal Aviation Administration<br />
developed a program named as National <strong>Simulator</strong> Program (NSP). The aim of this program is to improve aviation<br />
safety through the application of standards and regulations prevailing the qualifications of FSTD (flight simulation<br />
training devices).<br />
The new licensing techniques and delivery of new aircraft support the growth of global flight simulator market. In<br />
addition, flight simulation in the military is estimated to spur the market growth owing to the high government<br />
expenditures to strengthen national security. Moreover, the escalating demand for high-level flight skills such as<br />
situational awareness for safety, flight handling, and flight skill competency are also expected to contribute to industry<br />
growth. However, lack of simulators for complex systems, and interoperability could pose a challenge in the market<br />
growth.<br />
The key emerging trend of fleet modernization plans <strong>by</strong> airlines and continuous shift from conventional to simulation<br />
based training are projected to propel the growth of this sector. The development of simulators for UAVs (Unmanned<br />
Aerial Vehicles) is expected to act as an opportunity for market growth.<br />
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<strong>Flight</strong> simulators artificially re-create aircraft flight and flying environment, therefore providing the experience of flying<br />
a real aircraft. These simulators are considered to be the important elements for flight training for individual airline<br />
flight crew, jet fighter military pilots, and general aviation pilots. It has also brought various changes in improving<br />
training quality, reducing training risk and flight training methods.<br />
The market on the basis of types is segmented into Part Task Trainers (PTT), Full <strong>Flight</strong> <strong>Simulator</strong>s (FFS), Cockpit<br />
Procedure Trainers (CPT), <strong>Flight</strong> Training Devices (FTD), and System trainers. Full flight simulator is projected to exhibit<br />
high growth over the coming years owing to the surging demand across military and commercial sector. It is considered<br />
as one of the highest level of technical complexity and training capability in the FAA (Federal Aviation Administration)<br />
and EASA (European Aviation Safety Agency) regulations.<br />
<strong>Flight</strong> simulator on the basis of application is classified into commercial and military sectors. Military sector is expected<br />
to witness significant growth over the decade owing to the increasing terrorist activity and high government<br />
expenditures.<br />
Geographically, the key regions identified in this industry are North America, Europe, Asia Pacific, Latin America and<br />
the Middle East and Africa. North America is estimated to dominate the market followed <strong>by</strong> Europe owing to the<br />
presence of a large number of key players in this region. The stringent government regulations favoring the market is<br />
also anticipated to propel the market growth.
Asia Pacific is expected to witness the fastest growth over the forecast period owing to the increasing air travel in this<br />
region and growing demand for training of pilots. The key players in this industry include L-3 Link, CAE Inc., Rockwell<br />
Collins, Diamond Visionics LLC, Lockheed Martin, Augusta Westland, and NGRAIN Corporation. Other prominent<br />
players are Thales Training & Simulation Ltd, Pacific Simulations Ltd., Sim-Industrie, Havelsan, Frasca International,<br />
AXIS <strong>Flight</strong> Training Systems, Indra Sistemas and <strong>Flight</strong> Safety International Inc. The mergers and acquisition is the<br />
major trend leading to the market growth. In February 2016, CAE Inc., announced the acquisition of Lockheed Martin<br />
Commercial <strong>Flight</strong> Training (LMCFT). The acquisition was done to expand the customer installed base of commercial<br />
simulators.<br />
This report studies the global <strong>Flight</strong> <strong>Simulator</strong> market, analyzes and researches the <strong>Flight</strong> <strong>Simulator</strong> development<br />
status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top<br />
players in global market, like<br />
• Alenia Aeronautica<br />
• Boeing<br />
• CAE<br />
• Cassidian<br />
• DiSTI<br />
• Fidelity Technologies Corporation<br />
See More Reports of This Category <strong>by</strong> Million Insights @<br />
https://www.millioninsights.com/industry/automotive-and-transport<br />
<strong>Market</strong> segment <strong>by</strong> <strong>Regions</strong>/Countries, this report covers<br />
• United States<br />
• EU<br />
• Japan<br />
• China<br />
• India<br />
• Southeast Asia
<strong>Market</strong> segment <strong>by</strong> Type, <strong>Flight</strong> <strong>Simulator</strong> can be split into<br />
• Full <strong>Flight</strong> <strong>Simulator</strong> (FFS)<br />
• Fixed <strong>Flight</strong> Training Devices (FTD)<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/flight-simulator-market-analysis<br />
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