According to Stratistics MRC, the 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.
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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.
Some of the key players in Civil Aerospace Simulation and Training Market include L-3 Link Simulation & Training, Rockwell Collins, Lockheed Martin Corporation, Multi Pilot Simulations BV, ELITE Simulation Solutions AG, CAE Inc., FlightSafety International, FLYIT Simulators Inc., Indra Sistemas SA, Thales SA, TRU Simulation + Training Inc., SIMCOM Aviation Training
FRASCA International, L3Harris Technologies Inc., Raytheon Technologies Corporation, and The Boeing Company.
Aircraft Types Covered:
• Rotary-wing Aircraft Simulators
• Fixed-wing Aircraft Simulators
• Wide Body Aircrafts
• Regional Jets
• Narrow Body/Single Aisle
Types Covered:
• Flight Training Devices (FTD)
• Full Flight Simulator (FFS)
• Fixed Base Simulator (FBS)
• Flight Simulation Training Devices (FSTD)
Applications Covered:
• Space
• Commercial Aviation
• Defense
• Manoeuvre
Sales Channels Covered:
• Direct Sales
• Distributor
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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