The "Civil Aerospace Simulation and Training - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Civil Aerospace Simulation and Training Market is expected to grow at a CAGR of 6.2% during the forecast period.
Some of the key factors propelling the market growth include increased use of virtual training methods, increasing demand for new commercial aircraft, growing demand for trained pilots in the aviation industry, and rising investments in human space exploration programs. However, lack of simulators for complex systems is likely to hamper the market.
Flight simulators artificially recreate the environment for pilot training purposes. They not only deliver the knowledge of flying, but also provide the pilot experience of reacting under emergency situations. Aircraft flight simulators expose commercial aircraft as well as business jet pilots to real-time situations, such as bad weather, loss of electronics, incidents, like tire blowouts on landing and hydraulic failures. There are two types of training, namely, initial training for new pilots and recurrent training for existing pilots.
By type, the full flight simulator (FFS) segment is expected to grow at the significant rate over the forecast period. The full flight simulator is generally equipped with a motion actuator that replicates flight movement, offering real-life-like experience inside the simulator, which will allow complete training experience to the trainees in the space and aviation industries. Currently, the new and advanced FFS are being integrated with new technologies, like virtual reality, to improve the efficiency of training the pilots.
On the basis of geography, the increasing passenger traffic in the Asia-Pacific region is propelling the procurement of new aircraft by the airlines and aircraft operators in the region. Major airlines in the region, like China Eastern Airlines, China Southern Airlines, Air China, Indigo, Korean Air, and All Nippon Airways, have huge aircraft orders, which are planned to be delivered during the forecast period. Also, major countries in the region are accelerating their human space exploration programs.
What the Report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Civil Aerospace Simulation and Training Market, By Aircraft Type
5.2 Rotary-wing Aircraft Simulators
5.3 Fixed-wing Aircraft Simulators
5.4 Wide Body Aircrafts
5.5 Regional Jets
5.6 Narrow Body/Single Aisle
6 Global Civil Aerospace Simulation and Training Market, By Type
6.2 Flight Training Devices (FTD)
6.3 Full Flight Simulator (FFS)
6.4 Fixed Base Simulator (FBS)
6.5 Flight Simulation Training Devices (FSTD)
7 Global Civil Aerospace Simulation and Training Market, By Application
7.3 Commercial Aviation
8 Global Civil Aerospace Simulation and Training Market, By Sales Channel
8.2 Direct Sales
9 Global Civil Aerospace Simulation and Training Market, By Geography
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.5 Other Key Strategies
11 Company Profiling
11.1 L-3 Link Simulation & Training
11.2 Rockwell Collins
11.3 Lockheed Martin Corporation
11.4 Multi Pilot Simulations BV
11.5 ELITE Simulation Solutions AG
11.6 CAE Inc.
11.7 FlightSafety International
11.8 FLYIT Simulators Inc.
11.9 Indra Sistemas SA
11.10 Thales SA
11.11 TRU Simulation + Training Inc.
11.12 SIMCOM Aviation Training
11.13 FRASCA International
11.14 L3Harris Technologies Inc.
11.15 Raytheon Technologies Corporation
11.16 The Boeing Company
For more information about this report visit https://www.researchandmarkets.com/r/nku299
View source version on businesswire.com: https://www.businesswire.com/news/home/20201230005286/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900