Drone Simulator Market
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<strong>Drone</strong> <strong>Simulator</strong> <strong>Market</strong> 2018<br />
Industry Survey, Growth, Competitive Landscape<br />
and Forecasts to 2023<br />
PREPARED BY<br />
<strong>Market</strong> Research Future<br />
(Part of Wantstats Research & Media Pvt. Ltd.)
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<strong>Drone</strong> <strong>Simulator</strong> <strong>Market</strong> 2018<br />
<strong>Drone</strong> <strong>Simulator</strong> <strong>Market</strong> 2018: Industry Survey, Growth, Competitive<br />
Landscape and Forecasts to 2023<br />
<strong>Drone</strong> simulators are designed to create an imitation of the operation of a real-world system or process<br />
associated with drone flight training. It is a program that allows drone pilots to practice on a computer<br />
without the risk and expense of damaging a real model. Technological advancements in drone payload<br />
systems and the growing capabilities of drone technology would require highly advanced simulation<br />
systems. Significant investments have been made in the development of artificial intelligence, which<br />
would lead to rapid growth of the market during the forecast period. However, a major restraint for the<br />
growth of the drone simulator market is the complexity in manufacturing and maintenance costs of<br />
drone simulator systems.<br />
Of late, drones have been widely used in the aviation, construction, mining, oil & gas, telecom, and<br />
logistics sectors. The use of drones is driven by their benefits over their conventional manual inspection<br />
counterparts. With rapid advances in technology, drones can detect edge erosion and blade defects of a<br />
wind turbine and can inspect the turbine blade lightning receptors, towers, and nacelles. In addition,<br />
drones can detect leaks, corrosion, and other problems in oil & gas rigs and pipelines.
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<strong>Drone</strong> <strong>Simulator</strong> <strong>Market</strong> 2018<br />
“Taste the market data and market information presented through more than 50 market data tables<br />
and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content<br />
TOC & market synopsis on “<strong>Drone</strong> <strong>Simulator</strong> <strong>Market</strong> Research Report - Global Forecast 2023”<br />
The increased need for drones for commercial and military applications will offer new growth<br />
opportunities to the market players. The factors responsible for market growth are increasing R&D<br />
activities in the field of military simulation, increasing defense expenditure in emerging economies, and<br />
the growing demand for trained pilots. Several contracts have been signed to bolster the growth of the<br />
market. For example, in 2011, Aeronautics signed a contract with CAE Inc. to provide simulation for<br />
unmanned aerial systems (UAS). Moreover, the affordability of drone simulators has resulted in the<br />
growth of the market. For instance, in 2015, CAE and General Atomics Aeronautical Systems Inc. signed<br />
a contract with the Italian air force to develop a Predator unmanned aerial system simulator. Similarly,<br />
in 2005, L3 Link Training & <strong>Simulator</strong> signed a contract with the US air force to develop a Predator<br />
mission aircrew training system (PMATS) for unmanned aerial vehicles.
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<strong>Drone</strong> <strong>Simulator</strong> <strong>Market</strong> 2018<br />
Segmentation:<br />
The global drone simulator market has been segmented on the basis of component, device type, system,<br />
drone type, end-user, and region. By component, the software segment accounted for the largest market<br />
share in 2017. On the basis of end-user, the military segment is estimated to witness the highest demand<br />
during the forecast period owing to the affordability of drone simulators for the training of military<br />
pilots and operators. On the basis of device type, the augmented reality segment is expected to register<br />
the highest growth during the forecast period owing to the increasing adoption of augmented reality<br />
drone simulators in military applications in recent years.<br />
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<strong>Drone</strong> <strong>Simulator</strong> <strong>Market</strong> 2018<br />
Application & Major Players in this Research:<br />
<strong>Drone</strong> <strong>Simulator</strong> <strong>Market</strong> Prominent Players:<br />
The key players in the global drone simulator market are Aegis Technologies (US), CAE Inc. (Canada),<br />
General Atomics (US), Havelsan A.S. (Turkey), Israel Aerospace Industries Ltd (Israel), L3 Link Training<br />
& Simulation (UK), Leonardo S.p.A (Italy), Sikan Nutzfahrzeuge GmbH (Germany), Simlat Uas Simulation<br />
(Israel), Singapore Technologies Electronics Limited (Singapore), and Zen Technologies Limited (India).<br />
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<strong>Drone</strong> <strong>Simulator</strong> <strong>Market</strong> 2018<br />
<strong>Drone</strong> <strong>Simulator</strong> <strong>Market</strong> Competitive Analysis<br />
Commenting on the report, an analyst from <strong>Market</strong> Research Future (MRFR)’s<br />
team said:<br />
On the basis of region, the market has been segmented into North America, Asia-Pacific,<br />
Europe, the Middle East & Africa, and Latin America. In 2017, North America was the<br />
largest regional market due to the high adoption rate of drone simulators in the US and<br />
Canada. The European market is expected to be the second-largest during the forecast<br />
period due to the rising use of drone simulators for gaming applications. The global drone<br />
simulator market is estimated to witness a CAGR of over 5%, during the forecast period of<br />
2018 to 2023.
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