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Editing: 18; Published: February 2022
Executive Pool: 14073
Companies: 88 – Players covered include Alsim Flight Training Solutions; Bluedrop Performance Learning Inc.; CAE, Inc.; Collins Aerospace; Cubic society; Elbit Systems Ltd. ; ELITE simulation solutions; FlightSafety International, Inc.; FRASCA International, Inc.; HAVELSAN AS; L3 Harris Technologies, Inc.; Lockheed Martin Company; Thales Group; The Boeing Company; TRU Simulation + Training Inc. and others.
Blanket: All major geographies and key segments
segments: Type [Flight Training Devices (FTD), Flight Mission Simulators (FMS), Fixed Base Simulators (FBS), Full Flight Simulators (FFS)]; Solution [Products, Services]; Platform [Military, Commercial]
Geographies: World; United States; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia Pacific; Australia; India; South Korea; Rest of Asia Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UNITED ARAB EMIRATES; Rest of Middle East; Africa.
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ABSTRACT-
Global commercial and military flight simulation market to reach $6.1 billion by 2025
Flight simulation plays a crucial role in the development and training of modern aircraft. At the design stage, flight simulators facilitate the optimization of the ergonomic characteristics of the human-machine system by providing various alternatives of user-friendly object dynamics, control mechanism characteristics, and data display highlights. When an aircraft is ready for its first flight, flight simulation is used to improve its operational efficiency and safety. Flight simulation has become an established technique that provides a faithful and dynamic demonstration of aircraft behavior, while allowing one or more operators, normally pilots, to interact with the simulation. Virtual reality, used for flight simulation, guarantees a real-time experience thanks to 3D sound systems, a high degree of realism and a color environment. The purpose of flight simulation is to provide the system user with a visual sensation of being in an aircraft. The heart of flight simulation lies in the creation of illusions, giving the pilot a real-life experience. The fidelity of the illusion created decides the limit of what can and cannot be achieved in terms of cross-reading with realism. In short, fidelity decides the suitability of a simulator.
The simulator extends a low-cost training alternative for pilot training programs that carries extremely low risk, compared to training involving real aircraft. Since the need for real aircraft becomes invalid with simulator training, the costs involved in on-the-field aircraft training, such as the purchase of expensive trainer aircraft and associated fuel and maintenance costs , become invalid. Furthermore, the risks associated with on-the-job training such as plane crashes and related events such as loss of life and property also become moot with simulator training. Amid COVID-19 Crisis, the Global Commercial and Military Flight Simulation Market is Expected to Reach US$6.1 billion by 2025, registering a compound annual growth rate (CAGR) of 3.9% over the analysis period. United States represents the largest regional commercial and military flight simulation market, accounting for an estimated 45.5% share of the global total. The market should reach US$2.8 billion at the end of the analysis period. China is expected to spearhead the growth and become the fastest growing regional market with a CAGR of 5.8% over the analysis period.
The flight simulation technology market dynamics are expected to remain stable in the coming years. The widespread acceptance of virtual flight environment for commercial and military aircraft training purposes and the growing need for cost-effective pilot training programs are poised to accelerate market momentum over the decade in Classes. At the same time, increasing spending in the aerospace training vertical is likely to create strong opportunities for the flight simulator market. Going forward, commercial and military aviation entities would continue to turn to flight simulation technologies to take advantage of the myriad benefits offered by these platforms, such as end-to-end support for mission-critical training programs, visual systems capable of delivering near-real-world experience and low operational costs. Additionally, the continued need for flight management and safety operations such as proficiency and situational awareness is also likely to increase the market outlook.
Intensified R&D efforts in aerospace technology along with technological advancements leading to the development of more sophisticated flight simulators with new technologies such as AR/VR are expected to sustain the market momentum in the coming years. Specifically, advances in computer technology potentially result in the integration of better motion and visual systems for increased fluidity and fidelity, while further improving simulation efficiency and reducing overall costs. Technological improvements in various forms such as sophisticated portable simulators, which extend the flexibility to be carried on site while providing less time, and less CAPEX and OPEX, would in fact be likely to play an incremental role in growth. market future. Continued
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