The global civil aerospace simulation and training market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the ongoing technological advancements in the aviation industry.
Civil aerospace simulation and training is a technology method for simulating the flying environment of an aircraft in a controlled setting. It consists of full flight simulators (FFS) and flight training equipment and is generally used for pilot training on fixed-wing and rotary-wing aircraft (FTD). FFS represents the cockpit of an aeroplane, whereas FTD represents the flight control panel and other components.
The technology helps pilots improve their in-flight expertise and familiarise themselves with aeroplane handling in emergency situations such as adverse weather, electrical problems, and hydraulic breakdowns. As a result, it has a wide range of uses in the aviation industry.
Market Trends, Drivers, Restraint and Opportunities
- The growing importance of flight simulation in the aerospace sector is propelling the market growth.
- Rising demand for pilots in the aviation industry is positively influencing the growth of the market.
- Shortage of skilled personnel can hamper the market growth.
- High maintenance can hinder the expansion of the market.
- Deployment of latest technologies such as augmented reality and virtual reality in the aerospace industry can create huge opportunities during the forecast period.
Scope of Civil Aerospace Simulation and Training Market Report
The report on the global civil aerospace simulation and training market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Civil Aerospace Simulation and Training Market - Global Industry Analysis, Growth, Share, Size, Trends, And Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Flight Training Devices (FTD), Fixed Base Simulator (FBS), and Full Flight Simulator (FFS)) and Applications (Commercial Aviation and Space)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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CAE Inc.; L3Harris Technologies, Inc; Lockheed Martin Corporation; TRU Simulation + Training Inc.; The Boeing Company; and FlightSafety International
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Civil Aerospace Simulation and Training Market Segment Insights
Based on types, the market is bifurcated into flight training devices (FTD), fixed base simulator (FBS), and full flight simulator (FFS). The full flight simulator (FFS) segment is expected to grow at a rapid pace during the forecast period. FFS is usually fitted with a motion actuator that simulates flight movement, providing a realistic experience within the simulator and allowing students in the space and aviation sector to have a comprehensive training experience. Moreover, to increase the efficiency of pilot training, the new and improved FFS are being merged with new technologies, stimulating the segment growth.
On the basis of applications, the market is segregated into commercial aviation and space. The commercial aviation segment is projected to expand at a considerable CAGR during the forecast period due to rising demand for air tourism across the globe. On the other hand, the space segment is anticipated to account for a major market share during the forecast period due to rising investments in human space exploration missions, which is expected to increase demand for astronaut simulators and training systems in the coming years.
In terms of regions, the global civil aerospace simulation and training market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to constitute a key share of the market during the projected period. Rising passenger volume in the Asia Pacific is driving airlines and aircraft operators in the region to purchase new aircrafts.
Moreover, China is now building on its new space station, which is projected to be finished by 2022. It is capable of conducting human profound missions by 2030. During the projection period, such human space travel initiatives are expected to drive demand for space simulation and training systems.
Segments
The global civil aerospace simulation and training market has been segmented on the basis of
Types
- Flight Training Devices (FTD)
- Fixed Base Simulator (FBS)
- Full Flight Simulator (FFS)
Applications
- Commercial Aviation
- Space
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global civil aerospace simulation and training market are CAE Inc.; L3Harris Technologies, Inc; Lockheed Martin Corporation; TRU Simulation + Training Inc.; The Boeing Company; and FlightSafety International.
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