Global Flight Simulator Market by Application (Military & Defense, Civil), by Product (Full Flight Simulator (Full Flight Simulator FFS), by Fixed Flight Training Devices (FTD) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global flight simulator market was valued at USD4.6 billion in 2019. It is projected to grow by 4.2% over the forecast period. These devices offer a number of benefits, including mission critical training programs, which ensure aircraft operation at low costs and visual systems. They are expected to provide opportunities for market growth in the coming years. The demand for more effective and efficient pilot training is expected to drive growth. Over the next eight year, demand will rise due to the increasing importance of safety in aviation and the increased need for extensive training.

Industry growth may also be encouraged by the increasing demand for safety operations and flight handling, such as situational awareness. This industry is experiencing unprecedented R&D in aerospace technology, accompanied by technological advances that have led to the development of advanced flight simulators. These products are highly efficient and can save fuel costs. The market for flight simulators is expected to grow due to technological advancements.

Product demand will be affected by high manufacturing costs and ongoing operation and maintenance costs. The market for flight simulators could be negatively affected by the lack of physical environment and behavioral fidelity. Industry growth is also being impacted by rising concerns about pilot training costs, fluctuating fuel prices and cost savings on actual aircraft maintenance and repairs. These devices have been widely adopted due to their realistic simulation of aircraft flying using overhead and ECAM displays.

Flight simulators replicate actual cockpit and cabin conditions. To create realistic environments, the dashboard of the flight simulator has motion and visual systems. This allows pilots to feel the aircraft's movement and helps them plan their approach to airports. The visual system is designed to provide pilots with a satellite-quality 180 degree view.

Market growth is expected to be driven by technological advancements that result in the development of advanced flight simulators. Lockheed Martin Corporation has a Prepar3D flight simulator that can replicate the cityscape and night flying illustrations. The program is open-source, which allows private users as well as software developers to create new environments and applications. This ensures that the program's continual evolution. In addition, technological advances have made it possible to create visual systems that offer a near-realistic experience. This could also help drive industry growth in the coming seven years.

Product Insights

The industry can be divided into fixed flight training devices and full flight simulators (FFS). FFS accounted for more than 90% of the market share and is expected to grow at a revenue-based rate of 4.6% over the forecast period. FFS stands for high-tech flight simulators with high reliability and fidelity. FFS stimulates the aircraft and its environment accurately. FFS creates motion, sound, visuals, and all other operations for the aircraft, creating a realistic environment that ensures pilots are trained properly.

FTDs are training tools that have limited visual display. These devices are used to teach where all switches and indicators are located on the deck. They are widely used due to their low cost of purchase and ease of operation. The development of simulators for Unmanned Aircraft Vehicles (UAVs), is another opportunity for the flight simulator market. UAV pilot training is expected to increase as a result of increased drone use.

Application Insights

The market for flight simulators has been divided by application into two segments: military and defense. Civil segment held a large share of the market, accounting for approximately 69.4% of the total market. It grew at a revenue-based CAGR rate of 4.5% over the forecast period. Simulators used in military and defense include those that are used to train and practice missions for the armed forces. Flight simulators offer live, virtual and constructive training that allows armed forces pilots better performance in real-world tasks or missions, which in turn leads to increased product installation.

In order to provide a realistic aircraft system, manufacturers have recognized the importance of Aircraft Simulation Technology (AST). They focus on mergers to increase their financial, technical, manufacturing, and distribution capabilities. Textron, L-3 Communications, and Lockheed Martin, for example, have purchased commercial aircraft simulator rivals to decrease their exposure to the defense market and to grow in civil aviation.

Regional Insights

North America was a major market for flight simulators in 2019, accounting for more than 29% of global revenue. It is expected to see slow growth during the forecast period. This is due to both early adoption of technology by manufacturers and consumers. Federal Aviation Regulations, including Sec. Regional growth may be further aided by strict regulations enforced by the Federal Aviation Administration (FAA) and Federal Aviation Regulations including Sec. The region is expected to benefit from the availability of modern military and commercial infrastructure that will further boost the growth of this market for flight simulator.

Due to the growing demand for these devices, especially in developing countries like India and China, Asia Pacific is expected to experience high growth during the forecast period. The region may be further fueled by the emergence of Chinese manufacturers in 2015. The high demand for air travel in Asia Pacific is responsible for the region's growth. This can be attributed to both increased trade and tourism. North America could experience slow growth. This may be due to concerns regarding safety and strict standards enforced in the U.S. by the FAA.

Market Share Insights & Key Companies

Some of the most prominent companies on this market are Alenia Aeronautica (CAE), Cassidian, Boeing and Lockheed Martin Corporation. Manufacturers are focused on entering into significant inventory procurement contracts with subcontractors or suppliers that specify determinable product quantities and long-term delivery times. Companies focus on mergers & acquisitions as part of their expansion strategies.

Industry leaders emphasize the importance of integrating with technology providers in order to improve product offerings and reduce time to market. To offer better products, suppliers tend to invest in Aircraft Simulation Technology (AST). Many market leaders integrate with technology providers to improve product offerings and reduce time to market. An interface to third-party flight simulators is supported by companies. This open source software is generally accessible under a GNU General Public License. CAE, for example, has an R&D division that works continuously to create world-leading simulation technology and maintains a track record of innovation in service and technology.

The Flight Simulator Market Report Scope

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level and offers an analysis of industry trends for each sub-segment from 2016 to 2027. Grand View Research segmented the global market for flight simulators based on product, region, and application.

• Application Outlook (Volume of Million Units; Revenue USD Million, 2016-2027)

  • Full Flight Simulator (FFS).

  • Fixed Flight Training Devices (FTD).

• Product Outlook (Volume of Million Units; Revenue USD Million, 2016-2027)

  • Defense & Military

  • Civil

• Regional Outlook (Volume: Million Units; Revenue USD Million, 2016-2027)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • France

  • Asia Pacific

    • China

    • India

    • Japan

  • South America

    • Brazil

  • Middle East & Africa

These are the most frequently asked questions about this report

b. Global flight simulator market was valued at USD 4,565.9 Million in 2019, and is forecast to grow to USD 4,763.2 Million in 2020.

b. Global flight simulator sales are expected to increase at a compound annual rate of 4.2% between 2019 and 2027, reaching USD 6,363.0 millions by 2027.

b. Europe was the market leader in flight simulators with 32.0% of the total market share in 2019. This can be attributed to the presence of sophisticated military and commercial infrastructures in the region.

b. Alenia Aeronautica is one of the key players in the flight simulator market.

b. The market growth is driven by the rising demand for pilot training that is more effective and safer, along with the increasing importance of safety in the airframe.

Up Market Research published a new report titled “Flight Simulator Market research report which is segmented by Application (Military & Defense, Civil), by Product (Full Flight Simulator (Full Flight Simulator FFS), by Fixed Flight Training Devices (FTD), By Players/Companies Alenia Aeronautica, L-3 Link Simulation and Training Manufacturers focus on entering into certain considerable inventory procurement contracts with subcontractors and suppliers that specify determinable products and quantities, Boeing, Kratos Defense and Security Solutions, Cassidian, HAVELSAN, long-term delivery timeframes As part of expansion strategies, companies focus on mergers and acquisitions to expand their presence, Lockheed Martin Corporation, Rockwell Collins, CAE, Fidelity Technologies Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Flight Simulator Market Report Segments:

The market is segmented by Application (Military & Defense, Civil), by Product (Full Flight Simulator (Full Flight Simulator FFS), by Fixed Flight Training Devices (FTD).

Flight Simulator Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Flight Simulator Market

Overview of the regional outlook of the Flight Simulator Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Flight Simulator Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Flight Simulator Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Military & Defense

                2. Civil

                1. Full Flight Simulator FFS

                1. FTD

9. Market scenario by region, sub-region, and country.
10. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
11. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
12. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Flight Simulator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Flight Simulator Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.