Global Helicopter Simulator Market Overview:
Helicopter simulator is aimed to train aspiring aeronauts in adverse condition. It has application in both military and commercial market. In some key countries it is mandatory for novice pilots and increasing demand of civilian pilots driving the market growth in both developed and developing economies.
As per latest study released by AMA Research, the Global Helicopter Simulator market is expected to see growth rate of 4.9%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Demand of Virtual simulator
Market Growth Drivers:
Increasing Simulator based Training and Mandatory in Key Countries for novice pilots
Challenges:
High Complexity of Helicopter Simulator Systems
Restraints:
High Manufacturing Cost
Opportunities:
Growing Demand of Pilots in Civilian Market
Competitive Landscape:
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market shortly. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Some of the key players profiled in the report are CAE Inc. (Canada), Flight Safety International Inc. (United States), FRASCA International Inc. (United States), TRU Simulation Training Inc. (United States), FLYIT Simulators Inc. (United States), Rockwell Collins (United States), ELITE Simulation Solutions (United States), AeroSim Experience (Canada), Ryan Aerospace (Australia) and Redbird Flight Simulations, Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Thales Group (France). Analyst at AMA Research see United States Players to retain maximum share of Global Helicopter Simulator market by 2030. Considering Market by Distribution Channel , the sub-segment i.e. Online Retail will boost the Helicopter Simulator market. Considering Market by Component, the sub-segment i.e. Cockpit will boost the Helicopter Simulator market.
Latest Market Insights:
In February 2023, Thales announced a strategic partnership with OCEA, a French naval architecture firm, to develop and deliver next-generation naval helicopter simulators. This collaboration aims to offer advanced training solutions for helicopter pilots operating on board naval vessels.
in October 26, 2023, Leonardo unveiled its new AW109 FNX Training Device at the Rotorcraft Asia show. This advanced simulator features a high-fidelity replica of the AW109 FNX helicopter cockpit and utilizes virtual and augmented reality technologies to provide a realistic and immersive training experience for pilots.
What Can be Explored with the Helicopter Simulator Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Helicopter Simulator Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Helicopter Simulator
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Helicopter Simulator market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Helicopter Simulator market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Helicopter Simulator Manufacturers, Helicopter Simulator Dealers, Sub-Component Manufacturers, Technology Support Providers, Government Bodies, Business Research and consulting Firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.