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2021
Flight Simulator Market

Flight Simulator Market by Platform (Commercial Aircraft Simulator, Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft, Regional Transport Aircraft, and Military Aircraft Simulator), Type (Full Flight , Flight Training Devices, Flight Mission Simulators, Fixed Base, Flight Simulator Training, Line flight training, Special Mission Aircraft, Helicopter Simulator, and Unmanned Aerial Vehicles Simulator), and Application (Military & Defense, and Civil)- Global Opportunity Analysis and Industry Forecast, 2021-2030.

A13222
Pages: NA
Nov 2021 | 50 Views
   
Author(s) : Sonia Mutreja
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Flight Simulator Market Outlook 2030 –

A flight simulator is an electrical and mechanical system that simulates flight conditions to train pilots and other crew members. It helps familiarize trainers with actual flight conditions, handling, and operations. Simulations are used to duplicate or recreate a system or event to gain experience and understanding in the field. Simulations are essential for experimenting with complex circumstances while minimizing risks. Flight simulators are independent of external environmental factors and enable for flight practice repetition. The market is bifurcated into full flight simulators, flight mission simulators, fixed base simulators, and others, depending on the kind. Simulator hardware, simulation software, and services are the market segments based on the solution.

Market scope and structured analysis:

Report Metric

Details

  Market size available for years

  2020-2030

  Base year considered

 2020

  Forecast period

  2021-2030

  Forecast units

  Value(USD)

  Segment covered

  Platform, Type, Application, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

  Companies covered

CAE, Boeing Company, Collins Aerospace, Flight Safety International, L-3 Communications, Raytheon Company, Precision Flight Controls, SIMCOM Aviation Training, Frasca International, and TRU Simulation Airbus Group, Indra Sistemas, Thales Group.

 

COVID-19 impact Analysis

COVID-19 has had a disastrous effect on the global aviation sector. In the midst of the pandemic, just a few countries are allowing air travel. Due to a dramatic drop in air travel, the majority of airline firms have grounded their fleets. Aside from the slowdown in air travel, the epidemic has created a bleak image for airline firms, who are already burning through enormous resources to maintain their grounded fleet. International air passenger revenues are expected to drop by almost 50%, according to the International Air Transport Association. Because airline businesses owe a considerable amount to lessors, they are now looking to the government for financial assistance in the form of loans, financial assistance, and tax reliefs in order to survive the pandemic. Airline firms have also put a halt to hiring new pilots, resulting in a decrease in demand for flight simulators. Flight simulator training has been rescheduled by many flight simulator service companies.

Top Impacting factors

  • Growing demand for pilots in the aviation industry, acceptance of virtual pilot training to ensure aviation safety, and need to reduce cost of pilot training are the major factors driving the flight simulator market.
  • The restraints are longer product lifecycle, and lack of interoperability are expected to hinder the global flight simulator market during the forecast period.
  • Development of simulators for unmanned aerial systems, and use of flight simulators in air accident investigation are the major factors offering an opportunity for the growth of flight simulator market.

Market trend

Growing demand for pilots in the aircraft industry

The aviation industry has recently been rocked by a surge in demand for new pilots, as the airline industry continues to face a global shortage of certified pilots. Due to a pilot shortage, many airline carriers have been compelled to reduce the number of flight schedules as the size of the aircraft fleet continues to rise worldwide, combined with the increased yearly growth rate of global air traffic passenger demand. Due to a shortage of pilots, the number of passengers on board was capped, resulting in an increase in the frequency of flight cancellations. The demanding and expensive application process for becoming an airline pilot is one of the reasons for the current pilot shortage; particularly, pilots are directly responsible for obtaining their own FAA credentials. For instance, One of the reasons for the experienced shortage in airline pilots is due to the rigorously expensive application process for becoming an airline pilot; especially in the U.S. Prospective pilots are personally responsible for securing their own FAA credentials. Over a 100,000 dollars may be spent just for flight training and education thus discouraging others from pursuing a career in the aviation industry. In August 2018, Horizon Air, the Seattle-based affiliate of Alaska Airlines, was forced to reduce its busy summer schedule causing them to cancel more than 300 flights in June..

Use of flight simulators in air accident Investigation

The traditional use of flight simulators in accident investigation is to use the digital data from the flight data recorder (FDR) to program the simulator, usually a fixed base engineering simulator, which will then replicate the flight of the aircraft. Data from the air traffic control radar, Traffic Alert and Collision Avoidance System (TCAS) units and the cockpit voice recorder can also be incorporated to provide a complete picture to the investigator. Many flight simulators have a brief facility which allows simulator data to be replayed for training purpose, a full flight simulator was simply not designed to accept data from the FDR; errors, particularly with systems integration. For instance, the investigation of the crash of American Airlines flight 587 highlighted the potential role of flight simulation as an investigative tool. Building on these experiences, agencies responsible for accident investigations may consider adopting more formal guidelines for using flight simulation as a tool for understanding human factors in aviation accidents.

Key segments covered

Segments

Sub-segments

  Platform

  • Commercial Aircraft Simulator
  • Narrow Body Aircraft
  • Wide Body Aircraft
  • Very Large Aircraft
  • Regional Transport Aircraft
  • Military Aircraft Simulator

  Type

  • Full Flight
  • Flight Training Devices
  • Flight Mission Simulators
  • Fixed Base
  • Flight Simulator Training
  • Line flight training
  • Special Mission Aircraft
  • Helicopter Simulator
  • Unmanned Aerial Vehicles Simulator

  Application

  • Civil
  • Military & Defense

  Regions

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

 

Key Benefits of the Report

  • This study presents the analytical depiction of the flight simulator market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of the flight simulator market.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the market growth scenario of flight simulator market.
  • The report provides a detailed flight simulator market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the flight simulator market research report:

  • Who are the leading players in the global flight simulator market?
  • What are the critical challenges faced by manufacturers in the flight simulator market?
  • What are the market trends, driving factor and opportunities involved in this market?
  • What are the key segments covered in this flight simulator market?
  • What are the future projections of flight simulator market that would help in taking further strategic steps?
 
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