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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.
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
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 Benefits of the Report
Questions Answered in the flight simulator market research report:
Key Market Segments
Key Market Players