Flight Simulator Market

Flight Simulator Market Insights, Trends | Global Industry Report, 2025 | MarketsandMarkets™

The flight simulator market size is expected to grow from USD 5.7 billion in 2019 to USD 7.7 billion by 2025, at a CAGR of 5.2% from 2019 to 2025. Acceptance of virtual flight training to ensure aviation safety and rise in the number of air passengers are some of the major factors driving this market.

Major players in the flight simulator market include Airbus Group (Netherlands), Avion Group (Netherlands), Boeing Company (US), CAE (Canada), Collins Aerospace (US), ELITE Simulation Solutions (US), FlightSafety International (US), Frasca International (US), Indra Sistemas (Spain), L-3 Communications (US), Precision Flight Controls (US), Raytheon Company (US), SIMCOM Aviation Training (US), Thales Group (France), and TRU Simulation + Training (US). These players have adopted various growth strategies, such as new product launches & developments, contracts, agreements, partnerships, joint ventures, acquisitions, and expansions, to increase their foothold in the flight simulator market. Of these, new product developments, agreements, partnerships, and joint ventures were the major strategies adopted by market players between 2015 and 2019, to help them innovate their offerings and enhance their customer base.

CAE, (Canada) is one of the leading manufacturers and suppliers of flight simulation across the globe. In April 2019, the company partnered with JetBlue Airways (US) to provide 2 CAE 500XR flight training devices and 2 Airbus A220-300 CAE 7000XR Series full flight simulators. In March 2019, the company signed a 5-year agreement with AirAsia (Malaysia) to provide CAE’s Rise, a full flight simulator for the initial training of AirAsia’s pilots. In March 2019, CAE acquired Bombardier’s Business Aircraft Training (BAT) business (Canada) for USD 645 million to expand its customer base in the pilot training segment. These developments aimed at increasing the customer base for flight simulator products as well as the training business of the company.

To know about the assumptions considered for the study download the pdf brochure

L-3 Communications (US) focuses majorly on R&D activities which involve applied research, new product & systems development, and concept studies. In April 2019, L-3 Commercial Aviation, a subsidiary of L-3 Communications Holdings, entered into a 2-year agreement with Aer Lingus (UK) to provide the full flight simulator pilot training program. In February 2019, L-3 Commercial Aviation entered into a contract with KLM Royal Dutch Airlines (Netherlands) to provide Boeing 787-9 full flight simulator to train the airline’s pilots with the aim of expanding its product catering to the European airline industry.

FlightSafety International (US) is a leading solution provider of flight simulation technologies. The company offers flight simulators to different airlines companies. For instance, in February 2018, FlightSafety established a new learning center in Columbus, Ohio, US, to expand its pilot training customer base in the US. In April 2019, FlightSafety International entered into an agreement with ExpressJet Airlines (US) to extend its existing agreement of providing training services to ExpressJet. FlightSafety is expected to also provide new full flight simulators and flight training devices to ExpressJet to train the airline’s pilots. Parallelly, the company also developed the VITAL 1150 Image Generation visual system, a high-resolution real-time imagery system to provide accurate depictions of real-world visual environments, which are expected to enhance the experience for pilots.

Related Reports:

Flight Simulator Market by Platform (Commercial, Military, UAV, Helicopter Simulator), Type (Full Flight, Flight Training Device, Full Mission, Fixed based), Training (Virtual, Line), Solution (Product, Services) and Region - Global Forecast to 2025

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
AS 4553
RI Published ON
5/22/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Flight Simulator Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved