IMARC Group has recently released a new research study titled “Civil Aerospace Simulation and Training Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
The global civil aerospace simulation and training market size reached US$ 4.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2027, exhibiting a CAGR of 4.21% during 2022-2027.
What is civil aerospace simulation and training?
Civil aerospace simulation refers to technological solutions that artificially recreate flight environments for training pilots. It comprises fixed-wing and rotary-wing aircraft, which are integrated with full-flight simulators (FFS), flight training devices (FTD), and basic aviation training devices (BATDs) that act as control panel replicas. These devices produce high-quality images in the simulated cockpit with the support of memory capacity and computing capabilities. Civil aerospace simulation and training are used to improve inflight knowledge by providing hands-on training and acquainting pilots with real-time situations, such as bad weather conditions, electricity loss, tire blowouts during landing, and hydraulic failures.
Industry Trends and Drivers:
The growth of the global civil aerospace simulation and training market can be attributed to the increasing air traffic and the rapid growth in the aerospace and aviation sectors. Moreover, the growing demand for active proficient pilots has facilitated the widespread adoption of the solution for providing virtual training to crew members, improving their in-flight expertise, and familiarising them with multiple methods to control aircraft under emergencies. Additionally, the large-scale integration of augmented and virtual reality (AR/VR) platforms with multi-monitor systems, mechanical actuation, and computer graphics to offer an immersive experience is supporting the market growth. Besides this, ongoing investments in human space exploration programs for the purposes of training astronauts are augmenting the demand for civil aerospace simulators across the globe.
Competitive Landscape With Key Players:
The competitive landscape of the civil aerospace simulation and training market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- CAE Inc
- Diamond Visionics LLC
- Elbit Systems Ltd
- Flightsafety International Inc. (Berkshire Hathaway Inc.)
- Frasca International Inc.
- Indra Sistemas S.A
- L3harris Technologies Inc.
- Lockheed Martin Corporation
- Thales S.A
- The Boeing Company
Key Market Segmentation:
The report has segmented the global civil aerospace simulation and training market based on type, aircraft type, platform, application and region.
Breakup by Type:
- Full Flight Simulator
- Flight Training Device
- Others
Breakup by Aircraft Type:
- Regional Jets
- Narrow Body Aircrafts
- Wide Body Aircrafts
- Others
Breakup by Platform:
- Fixed Wing Simulator
- Rotary Wing Simulator
Breakup by Application:
- Commercial Aviation Training
- Space Training
- Military Aviation Training
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/civil-aerospace-simulation-training-market
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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