Market Overview:
The global flight simulation system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for flight simulation systems from the military and commercial sectors. Additionally, the growing adoption of virtual reality (VR) technology in flight simulation systems is also contributing to the growth of this market. On the basis of type, the global flight simulation system market can be segmented into full-flight simulator (FFS), fixed-based simulator (FBS), and other types such as motion platforms and portable simulators. The FFS segment is expected to account for a major share of this market in 2018 owing to its high demand from military and commercial applications. On the basis of application, this market can be divided into military application and commercial application segments.
Product Definition:
A Flight Simulation System is a device or software used to create a virtual environment in which aircraft can be flown. This allows pilots to train for specific situations, without endangering themselves or others.
FFS (Full Flight Simulator):
The FFS is a flight training device which provides all the necessary conditions for pilots to train and develop their skills. It's an enclosed cockpit with various realistic instruments on it, from which the pilot can learn flying techniques. The FFS market is expected to witness significant growth over the forecast period owing to its increasing application in commercial as well as military aviation sector.
FTD (Flight Training Devices):
FTD (Flight Training Devices) are devices used for flight training purpose which includes motion simulation, aircraft systems and procedures, and human-machine interface. FTDs help the pilots to develop flying skills in a virtual environment with the use of computerized models. It provides high fidelity visual system which is very helpful in learning to control the aircraft during emergencies as well as during normal operations.
Application Insights:
The military application segment dominated the global flight simulation system market in terms of revenue share in 2017. The growing need for training and mission rehearsals to improve combat skills and crew coordination is expected to drive the demand for flight simulators among several defense agencies, which, in turn, will fuel growth over the forecast period. Moreover, increasing investments by governments as well as private players to develop advanced systems with enhanced graphics capabilities will boost industry growth over the next seven years.
Commercial application is projected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in air passenger traffic coupled with rising awareness regarding aircraft safety has resulted in increased number of commercial pilots across the world. Furthermore, simulator-based training aids offered by airlines help them maintain high standards of service delivery while improving overall efficiency on account of improved customer retention rates and reduced operational costs associated with pilot training programs.
Regional Analysis:
North America dominated the global flight simulator market in 2016 with more than 35.0% share of the overall revenue. The U.S., which is a major shareholder of this region, has been witnessing an increasing demand for such systems due to rising military and commercial aviation activities across the globe. Moreover, presence of key players such as CAE Inc.; FlightSafety International; and L3Harris Technologies, Inc.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rise in air passenger traffic across Asian countries including China and India as well as other Southeast Asian nations like Indonesia.
Growth Factors:
- Increasing demand for air travel: The global air travel market is expected to grow at a CAGR of 6.4% from 2016 to 2021, reaching a total value of 7.8 billion by 2021. This growth is primarily driven by the increasing number of passengers travelling by air and the rise in disposable income levels in emerging economies.
- Proliferation of low-cost carriers: The proliferation of low-cost carriers (LCCs) has led to an increase in the demand for affordable flight tickets, thus driving the growth of the global flight simulation system market. LCCs accounted for more than 50% share of the global airline industry in 2016 and are expected to grow at a CAGR of 9% during 2016-2021.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flight Simulation System Market Research Report
By Type
FFS (Full Flight Simulator), FTD (Flight Training Devices), Others
By Application
Military Application, Commercial Application
By Companies
CAE, L3 Technologies, FlightSafety International, Thales, Rockwell Collins, Boeing, Textron
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Flight Simulation System Market Report Segments:
The global Flight Simulation System market is segmented on the basis of:
Types
FFS (Full Flight Simulator), FTD (Flight Training Devices), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military Application, Commercial Application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CAE
- L3 Technologies
- FlightSafety International
- Thales
- Rockwell Collins
- Boeing
- Textron
Highlights of The Flight Simulation System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- FFS (Full Flight Simulator)
- FTD (Flight Training Devices)
- Others
- By Application:
- Military Application
- Commercial Application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flight Simulation System 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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flight simulation system is a computer program that allows users to experience flight conditions through the use of a virtual environment. This environment can be used for training purposes, or for entertainment.
Some of the key players operating in the flight simulation system market are CAE, L3 Technologies, FlightSafety International, Thales, Rockwell Collins, Boeing, Textron.
The flight simulation system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flight Simulation System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flight Simulation System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flight Simulation System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flight Simulation System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flight Simulation System Market Size & Forecast, 2018-2028
4.5.1 Flight Simulation System Market Size and Y-o-Y Growth
4.5.2 Flight Simulation System Market Absolute $ Opportunity
Chapter 5 Global Flight Simulation System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Flight Simulation System Market Size Forecast by Type
5.2.1 FFS (Full Flight Simulator)
5.2.2 FTD (Flight Training Devices)
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Flight Simulation System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Flight Simulation System Market Size Forecast by Applications
6.2.1 Military Application
6.2.2 Commercial Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flight Simulation System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flight Simulation System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Flight Simulation System Analysis and Forecast
9.1 Introduction
9.2 North America Flight Simulation System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Flight Simulation System Market Size Forecast by Type
9.6.1 FFS (Full Flight Simulator)
9.6.2 FTD (Flight Training Devices)
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Flight Simulation System Market Size Forecast by Applications
9.10.1 Military Application
9.10.2 Commercial Application
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Flight Simulation System Analysis and Forecast
10.1 Introduction
10.2 Europe Flight Simulation System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Flight Simulation System Market Size Forecast by Type
10.6.1 FFS (Full Flight Simulator)
10.6.2 FTD (Flight Training Devices)
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Flight Simulation System Market Size Forecast by Applications
10.10.1 Military Application
10.10.2 Commercial Application
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Flight Simulation System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Flight Simulation System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Flight Simulation System Market Size Forecast by Type
11.6.1 FFS (Full Flight Simulator)
11.6.2 FTD (Flight Training Devices)
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Flight Simulation System Market Size Forecast by Applications
11.10.1 Military Application
11.10.2 Commercial Application
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Flight Simulation System Analysis and Forecast
12.1 Introduction
12.2 Latin America Flight Simulation System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Flight Simulation System Market Size Forecast by Type
12.6.1 FFS (Full Flight Simulator)
12.6.2 FTD (Flight Training Devices)
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Flight Simulation System Market Size Forecast by Applications
12.10.1 Military Application
12.10.2 Commercial Application
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Flight Simulation System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Flight Simulation System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Flight Simulation System Market Size Forecast by Type
13.6.1 FFS (Full Flight Simulator)
13.6.2 FTD (Flight Training Devices)
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Flight Simulation System Market Size Forecast by Applications
13.10.1 Military Application
13.10.2 Commercial Application
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flight Simulation System Market: Competitive Dashboard
14.2 Global Flight Simulation System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CAE
14.3.2 L3 Technologies
14.3.3 FlightSafety International
14.3.4 Thales
14.3.5 Rockwell Collins
14.3.6 Boeing
14.3.7 Textron
