Military Aircraft Simulation and Training Market Size [2031]

Military Aircraft Simulation and Training Market Size [2031]

Segments - Military Aircraft Simulation and Training Market by Simulator Types (Full Flight Simulator (FFS), Flight Training Devices (FTD), and Others), Aircraft Types (Rotorcraft and Fixed-wing), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023-2031

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Author : Raksha Sharma
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Fact-checked by : Indranil Bose
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Editor : Shruti Bhat

Upcoming | Report ID :AD-3090 | 4.4 Rating | 74 Reviews | 194 Pages | Format : PDF Excel PPT

Report Description


The global military aircraft simulation and training market size was USD 9.29 Billion in 2022 and is likely to reach USD 15.17 Billion by 2031 , expanding at a CAGR of 5.6% during 2023–2031.The growth of the market is attributed to increased demand for trained and qualified pilots to operate aircraft fleet.

Military Aircraft Simulation and Training Market Outlook

Military aerospace simulation and training involves aerospace simulators, training devices, and related services for military. They are procured by government state bodies of countries with strong aviation service as well as military aircraft. The training devices are imitation of aircraft flight, which creates the environment of the flight.

The COVID-19 pandemic is impacted the aerospace industry due to supply chain disruption across the globe. However, the relaxation in the restriction on air travel can positively stimulate the market growth.

  • Rising demand for rotorcraft airplanes and rapid technological advancements in air transportation services are expected to spur the market growth during the forecast period.

  • Growing requirement for high-efficiency air transportation aircraft is anticipated to drive the market growth during the forecast period.

  • High maintenance & upgradation cost is estimated to restrict the market growth during the forecast period.

  • Rising requirement to replace aging fleets and surge in defense spending globally are anticipated to create huge opportunity for the market in the coming years.

Scope of the Report

The report on the global military aircraft 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.

Attributes

Details

Report Title

Military Aircraft Simulation and Training Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Simulator Types (Full Flight Simulator (FFS), Flight Training Devices (FTD), and Others) and Aircraft Types (Rotorcraft and Fixed-wing)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

CAE Inc.; Flight Safety International; Thales Group; Lockheed Martin Corporation; and Textron Inc. 

Military Aircraft Simulation and Training Market Segment Insights

Flight training devices (FTD) segment to hold a significant market share

Based on simulator types, the market is divided into full flight simulator (FFS), flight training devices (FTD), and others. The full flight simulator (FFS) segments is anticipated to hold a key share of the market in the coming years due to improvement in navigation skills, recreation of tricky conditions, and maintenance of proficiency. However, the flight training devices (FTD) segment is anticipated to expand at a rapid pace during the forecast period.

Military Aircraft Simulation and Training Market Type

Fixed-wing segment is expected to grow at a rapid pace

On the basis of aircraft types, the market is divided into rotorcraft and fixed-wing. The rotorcraft segment is expected to represent a key share of the market in the upcoming years due to increasing number of rescue operations. On the other hand, the fixed-wing segment is anticipated to expand at a rapid pace during the forecast period due to their ability to cover great distance. Moreover, increasing air travel is estimated to drive the segment growth.

North America is estimated to account a major market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to the increasing armed forces of the country, which are procuring several newer generation military vehicles across the land, air, and sea-based platforms. However, the market in Asia Pacific is expected to exhibit a rapid growth rate in the coming years due to rapid growth in the military aircraft market.  Moreover, other countries are investing in the integration of the latest technologies to improve the effectiveness of the training in the region.

Military Aircraft Simulation and Training Market Region

Segments

The military aircraft simulation and training market has been segmented on the basis of

Simulator Types

  • Full Flight Simulator (FFS)
  • Flight Training Devices (FTD)
  • Others

Aircraft Types

  • Rotorcraft
  • Fixed-Wing

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • CAE Inc.
  • Flight Safety International
  • Thales Group
  • Lockheed Martin Corporation
  • Textron Inc. 

Competitive Landscape

Key players competing in the military aircraft simulation and training market includes CAE Inc.; Flight Safety International; Thales Group; Lockheed Martin Corporation; and Textron Inc. 
 Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

Military Aircraft Simulation and Training Market Keyplayers

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Military Aircraft Simulation and Training Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Military Aircraft Simulation and Training Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Military Aircraft Simulation and Training Market - Supply Chain
  4.5. Global Military Aircraft Simulation and Training Market Forecast
     4.5.1. Military Aircraft Simulation and Training Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Military Aircraft Simulation and Training Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Military Aircraft Simulation and Training Market Absolute $ Opportunity
5. Global Military Aircraft Simulation and Training Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Military Aircraft Simulation and Training Market Size and Volume Forecast by Applications
     5.3.1.  
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Military Aircraft Simulation and Training Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Military Aircraft Simulation and Training Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Military Aircraft Simulation and Training Demand Share Forecast, 2019-2026
7. North America Military Aircraft Simulation and Training Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Military Aircraft Simulation and Training Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Military Aircraft Simulation and Training Market Size and Volume Forecast by Applications
     7.4.1.  
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Military Aircraft Simulation and Training Demand Share Forecast, 2019-2026
8. Latin America Military Aircraft Simulation and Training Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Military Aircraft Simulation and Training Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Military Aircraft Simulation and Training Market Size and Volume Forecast by Applications
     8.4.1.  
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Military Aircraft Simulation and Training Demand Share Forecast, 2019-2026
9. Europe Military Aircraft Simulation and Training Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Military Aircraft Simulation and Training Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Military Aircraft Simulation and Training Market Size and Volume Forecast by Applications
     9.4.1.  
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Military Aircraft Simulation and Training Demand Share Forecast, 2019-2026
10. Asia Pacific Military Aircraft Simulation and Training Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Military Aircraft Simulation and Training Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Military Aircraft Simulation and Training Market Size and Volume Forecast by Applications
     10.4.1.  
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Military Aircraft Simulation and Training Demand Share Forecast, 2019-2026
11. Middle East & Africa Military Aircraft Simulation and Training Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Military Aircraft Simulation and Training Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Military Aircraft Simulation and Training Market Size and Volume Forecast by Applications
     11.4.1.  
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Military Aircraft Simulation and Training Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Military Aircraft Simulation and Training Market: Market Share Analysis
  12.2. Military Aircraft Simulation and Training Distributors and Customers
  12.3. Military Aircraft Simulation and Training Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. CAE Inc.
     12.4.2. Flight Safety International
     12.4.3. Thales Group
     12.4.4. Lockheed Martin Corporation
     12.4.5. Textron Inc. 

Methodology

Our Clients

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General Mills
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Dassault Aviation
Deloitte
General Electric
Microsoft
FedEx Logistics