Rising Military Spending in Developing Countries Drives the Global Military Airborne Simulation and Training Market
The key participants identified by MRFR in the global military airborne simulation and training market are Lockheed Martin Corporation (US), Airbus SAS (France), FlightSafety International Inc. (US), CAE Inc. (Canada), L3 Link Simulation and Training (US), ECA GROUP (France), Thales Group (France), FRASCA International Inc. (US), SIMCOM Aviation Training (US), and AXIS Flight Training Systems GmbH (Switzerland).
As per Market Research Future (MRFR) analysis, the global military airborne simulation and training market is expected to record a 6.3% CAGR from 2018 to 2025 (forecast period). The global military airborne simulation and training market analysis offers a significant and in-depth study of market shares of players and dominant market segments for various regions around the globe.
Military airborne simulator is a device that artificially recreates the flight of aircraft and the environment in which it flies for pilot training, design or other purposes. This involves replicating the equations that determine how aircraft fly, how they respond to flight control applications, the effects of other aircraft systems, and how they respond to external factors such as air density, turbulence, wind shear, weather, precipitation. precipitation, etc. Airborne simulation is used for a number of purposes, including flight training (mainly for pilots), the design and construction of the aircraft itself, and the analysis of aircraft characteristics and handling characteristics.
Companies are investing heavily in the redesign of the aircraft flight environment in order to improve the situational awareness and readiness of aircraft pilots. The pilot is provided with a simulation environment to improve overall situational awareness. Aerodynamic model for aircraft and cockpit procedure trainer (CPT) are some equipment used in aircraft to enhance situational awareness.
Some of the significant factors driving the growth of the military airborne simulation and training market include the growing acceptance of virtual training and rising military spending in developing countries across the globe. The global military air simulation and training market are also driven by increasing demand for streamlining training costs. As modern electronics evolve, a number of aircraft manufacturers are attempting to upgrade flight decks by fitting new avionics.
The global market for military airborne simulation and training has been segmented with respect to training types and applications.
Based on the type of training, the global market for military airborne simulation and training has been segmented into live training, virtual training, constructive training, gaming simulation. The live training segment held the largest market share of 45.69% in 2018 and is expected to register a CAGR of 7.68% during the forecast period.
On application, the global market for military airborne simulation and training has been segmented into jet flight, rotary flight, and UAV flight. The jet flight segment held the largest share of 48.36% in 2018 and is projected to have a CAGR of 8.66% in the forecast period.
Region-wise, the global market for military airborne simulation and training has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America has the highest demand for military airborne simulation and training. The military air simulation and training market are developing in countries such as the United States and Canada. The United States market is expected to expand at a high rate during the forecast period. The United States military air simulation and training market is expected to grow at a high pace over the coming years due to a rise in the adoption of advanced military systems during combat operations.