Flight Simulator Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2019-2027

  • Report Code : 187529
  • Industry : Aerospace and Defense
  • Published On : May 2018
  • Pages : 245
  • Publisher : WMR
  • Format: CMI Insight PPT FormatCMI Insight PDF Format

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

A flight simulator is a device that artificially re-creates aircraft flight and the environment in which it flies, for pilot training, design, or other purposes. It includes replicating the equations that govern how aircraft fly, how they react to applications of flight controls, the effects of other aircraft systems, and how the aircraft reacts to external factors such as air density, turbulence, wind shear, cloud, and precipitation. It is used for a variety of reasons, including flight training, the design and development of the aircraft itself, and research into aircraft characteristics and control handling qualities.

Increasing demand for new commercial and military pilots, adoption of virtual training to ensure aviation safety, and the need for cost-cutting of pilot training are some of the major factors that are expected to drive growth of global flight simulator market.

Operation and maintenance cost of simulators and the effect of simulator environment on the operator such as a simulated accident situation where simulator operator does not experience the same stress levels, as would be expected in anticipation of a real accident are factors that might hinder growth of flight simulator market.

Key Developments in Flight Simulator Market

Key players are adopting various strategies such as mergers, acquisitions, new product launches, expansions, collaborations, partnerships, approvals, and joint ventures to retain its position in the flight simulator market. On April 25, 2018, CAE signed a 10-year Airbus A330/A350 pilot training agreement with Virgin Atlantic Airways. Moreover, CAE expanded its operations in Australia by opening a new office in Canberra.

On April 18, 2018, FlightSafety International announced a significant upgrade to the flight deck of its simulator that is used for Bombardier Dash 8 300 aircraft training. Furthermore, L3 Technologies announced that its new Iver Precision Workhorse autonomous undersea vehicle (AUV) will be featured at its exhibit at the 2018 Sea-Air-Space Exposition.

On April 26, 2018, Rockwell Collins announced that will it be providing its integrated visual systems for 15 systems over the next three years for several of TRU’s commercial full flight simulator clients for commercial airlines and airframe manufacturers, as part of its new contract with TRU Simulation + Training.

Some of the key players operating in the flight simulator market include CAE, L3 Technologies, FlightSafety International, Thales, Rockwell Collins, Boeing, Textron, Indra Sistemas, and TRU Simulation among others.

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This report incorporates the analysis of factors that augments the market growth. Report presents competitive landscape of the global market. This also provides the scope of different segments and applications that can potentially influence the market in the future. The analysis is based on current market trends and historic growth data. It includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
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