Impact Of COVID-19 On Flight Simulator Market Research Report 2020

0
0

Overview

The Global Flight Simulator Market is expected to reach USD 7,794.2 Million by 2025 at a CAGR of 5.38% during the forecast period.

Simulation and virtual training are better alternatives for conventional training methods. These companies are involved in research and development due to its potential for use in a variety of applications, such as virtual emergency evacuation, virtual military training, and virtual firefighting. In terms of military, all the branches, such as the army, navy, and airforce, are implementing this solution for various combat operations. This would boost the demand for the market during the review period.

Segmental Analysis

The global flight simulator market has been segmented based on platform, aircraft type, and simulator type.

By platform, the global flight simulator market has been classified as the airborne segment is projected to dominate the market with a valuation of USD 5,785.6 million in 2018 and reach USD 7,642.3 million by 2025. The military aerospace segment includes flight simulators used in non-military aircraft such as scheduled carriers, business jets, and other commercial aircraft. Since military helicopters operate under extreme conditions, these helicopter systems need to be designed to meet strict regulations. The governments of different countries are upgrading existing helicopters with new and advanced ones and modifying existing systems. As per the US Government Accountability Office, the US Air Force saved around USD 1.7 billion on fuel between 2012 and 2017 by using simulators. Special simulators are designed for military combat aircraft. The rising demand for trained military pilots is expected to boost the demand for flight simulators.

Based on aircraft type, the global flight simulator market has been divided into live simulation and virtual simulation segments. A live simulation type of training is considered a simulation as it is not conducted against live enemies. Live simulation training is conducted after the completion of virtual training to gain hands-on experience in operating real systems. The live segment is expected to register a CAGR of 4.99% during the forecast period.

Based on training type, the global flight simulator market has been divided into live, virtual reality (VR), constructive, and gaming simulation. In a live simulation, real-time data systems are directly operated by soldiers for training. This type of training is considered a simulation or an artificial environment as it is not conducted against a live enemy. Live simulation training is implemented after completion of virtual training in order to gain hands-on experience of the real systems. This provides better training options for the training of combat operations. The live segment is projected to register a CAGR of 3.85% during the forecast period.

Regional Analysis

The global flight simulator market has been segmented, by region, into North America, Europe, Asia-Pacific, The Middle East and Africa, and Latin America.

North America is leading the market with a valuation of USD 4032.6 million in 2018. The presence of major market players, such as Lockheed Martin Corporation, FRASCA International Inc., and TRU Simulation + Training Inc. is expected to drive market growth in North America. The regional market is expected to grow at a CAGR of 4.12% during the forecast period.

Europe is projected to be the second-largest market during the review period. The regional market is expected to reach USD 1,682.8 million by 2025 at a CAGR of 5.25% during the forecast period. Asia-Pacific is projected to be the third-largest market during the review period. The regional market is expected to reach USD 1,815.3 million by 2025 at a CAGR of 8.15% during the forecast period.

Access Report Details @ https://www.marketresearchfuture.com/reports/flight-simulator-market-7146

Competitive Analysis

The key players in the global flight simulator market are CAE Inc. (Switzerland), L3Harris Technologies, Inc. (US), Lockheed Martin Corporation (US), Advanced Rotorcraft Technology, Inc. (US), Boeing (US), FlightSafety International (US), FRASCA International Inc. (US), Thales Group (France), TRU Simulation + Training Inc. (US), and United Technologies Corporation (UTC) (US).

Key Developments

  • In February 2019, FRASCA International Inc. delivered AS350B2 helicopter FTD to TEMSCO Helicopters, a training solutions provider based in Ketchikan, Alaska, US. TEMSCO Helicopters is expected to use the FTD to train its staff pilots.
  • In January 2019, FRASCA International Inc. partnered with Garmin Ltd to incorporate G1000 NXi software into its RTD. FRASCA RTD is an FAA-approved AATD. The software has advanced features such as synthetic vision technology with a 3-dimensional view and terrain awareness and warning system.
  • In October 2018, FlightSafety International Inc. formed a joint venture with TRU Simulation + Training Inc., a provider of aviation training solutions to the commercial and military market. The two companies are expected to offer training solutions to Textron Aviation Inc., a leading aircraft manufacturer, for its general aviation and business aircraft product lines.

 

 

Global Soldier Systems Market.Analysis by Size, Share, Growth Factors, Competitive Landscape, With Regional Forecast To 2023

 

Global Soldier Systems Market. The Soldier Systems Market is estimated to register a CAGR of more than 7% during the forecast period of 2018 to 2023.

Global Soldier Systems Market Highlights

The global soldier systems market has been segmented based on type, end-user, and region.

Based on type, the soldier systems market is divided into protection systems, communication systems, power & data transmission systems, surveillance & target acquisition systems, navigation & health monitoring systems, vision systems, and other systems. The communication systems segment is estimated to account for the largest market share while the surveillance & target acquisition systems segment is projected to witness the highest CAGR during the forecast period. Surveillance systems enhances the situational awareness of soldiers and helps them to gain tactical advantage in the battle field.

Based on end-user, the soldier systems market is divided into national defense and public security. The national defense segment is estimated to account for the largest market share while the public security segment is projected to witness a higher CAGR during the forecast period. The public security segment covers the market for soldier systems used by law enforcement agencies and other special forces. Nowadays, public safety sector requires these soldier systems to ensure safety of the personnel.

Based on region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. In 2017, North America accounted for the largest market share, whereas, Asia-Pacific is projected to be the fastest-growing regional market during the review period. This growth can be attributed to the increasing demand for all the above-mentioned systems in countries such as China, and India owing to factors such as border conflicts, terrorist issues among others.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/soldier-systems-market-7157

Key Players

The key players in the global soldier systems market are Aselsan AS (Turkey), BAE Systems plc (UK), Elbit Systems Ltd. (Israel), General Dynamics Corporation (US), Harris Corporation (US), Leonardo S.p.A (Italy), Rheinmetall AG (Germany), Saab AB (Sweden), Thales SA (France), and United Technologies Corporation (US).

 

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.