Global Flight Simulator Market Overview:
A flight simulator is a machine designed to resemble an aircraft with computer-generated images which will mimic the view of the pilot and the aircraft motion. This includes replicating equations which govern the aircraft fly, react to application of flight controls, the effect of other aircraft system and others. Some of the key players profiled in the study are CAE Inc. (Canada), L-3 Communications Holdings, Inc. (United States), FlightSafety International Inc. (United States), Thales Group (France), The Boeing Company (United States), Rockwell Collins, Inc. (United States), ECA Group (France), Kongsberg Maritime (Norway), Faac Incorporated (United States), Lockheed Martin Corporation (United States) and Meggitt (United Kingdom).
On the basis of geography, the market of Flight Simulator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Commercial Component , the sub-segment i.e. FFS (Full Flight Simulator) will boost the Flight Simulator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Military Component, the sub-segment i.e. FFS (Full Flight Simulator) will boost the Flight Simulator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Acceptance of Virtual Training to Ensure Safety
- Increasing Need to save time in training New Pilots across the Globe
- Growing Demand of Unmanned Vehicles for Military
- Need for Cost Cutting of Pilot Training
- Technology Advancement in the Field of Flight Simulators
- High Cost of Production and Maintenance
- Toughness in Maintaining the Pace of Production with the Growth of Aviation Industry
- Development of Simulators for Unmanned Aerial Systems (UAS)
- Complications in Assembling and Usage of Simulator Systems
- Difficulty for Manufacturers to Keep Pace With the Growing Aviation Industry
- Lack of Ability in the System to Exchange and Use of Information
The regulatory structure for aviation ground trainers has evolved. At present, the FAA assigns these devices into three main categories: flight simulators, flight training devices, and aviation training devices. From airline training and corporate flying to the private pilot in general aviation aircraft, almost every pilot will eventually use at least one of these devices to practice and improve pilot skills or to help transition to another aircraft.
Target Audience:Flight Simulator Manufacturers, Flight Simulator Dealers, Sub-Component Manufacturers, Technology Support Providers and End Users
Major Objectives Focused through this Study To define, describe, and forecast the Global Flight Simulator market on the basis of product [Fixed Wing, Rotary Wing and Unmanned Aircraft] , application [Commercial and Military], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Flight Simulator market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Flight Simulator industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Textron, Nautical Simulation, Oktal, Vstep Simulation, Saab and Tecknotrove Systems.
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Flight Simulator market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.