Simulators Market

CAE (Canada) and L-3 Technologies (US) are the Major Players in the Simulators Market

A simulator is a combination of computer systems and software solutions designed to provide a realistic representation of the controls and operation of aircraft, military vehicles, or submarines, primarily used for training purposes. Simulation is used in several contexts, such as simulation of technology for optimizing performance, safety engineering, testing, and training.

The simulators market is projected to grow from an estimated USD 16.62 Billion in 2017 to USD 20.99 Billion by 2022, at a CAGR of 4.78% during the forecast period. This growth can be attributed to the growing need to train new pilots across the globe and increasing adoption of virtual training to ensure safety.
Major players operating in the simulators market include CAE (Canada), L-3 Technologies (US), FlightSafety (US), Thales (France), ECA (France), and Lockheed Martin (US). These players offer various simulators such as full flight mission simulators, fixed base simulators, containerized simulators, and others. These simulators have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia Pacific.

CAE (Canada) is one of the major players in the simulators market. The company has a strong presence in Europe, North America, Latin America, and the Middle East, and has a very high breadth of offerings, delivery and support, and excellent product distribution. In December 2017, CAE (Canada) and JEJUair (South Korea) signed a new training solutions agreement, which includes sales of two CAE-built Boeing 737 Full-flight Simulators (FFS). In November 2017, CAE was awarded a contract from Lockheed Martin (US) to design and manufacture six C-130J Weapon Systems Trainers (WSTs) for the US Air Force and Air National Guard.

L-3 Technologies (US) is another leading company in the simulators market, with a strong presence in North America, Asia Pacific, and Europe. It is a leading provider of a broad range of commercial and military simulators, which are used to train commercial and military pilots. Its customers include the US Department of Defense and its prime contractors, intelligence agencies of the US government, the US Department of Homeland Security, allied foreign government, and NASA. L-3 Link Simulation & Training, a part of L-3 Technologies, secured a contract from Swiss Air Force for the Service Life Extension of the Swiss Hornet Operational Training Systems (SHOTS). The SHOTS consist of four fully networked mission simulators designed for immersive mission training, and the upgrade is scheduled for delivery by 2020.

Related Reports:

Simulators Market by Type (Full Mission, Containerized, Fixed-Based, Desktop, Console), Technology (Live, Virtual, Constructive, Integrated), Application (Military, Commercial), Vehicle (Airborne, Land, Naval), Component, Region - Global Forecast to 2022

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

Report Code
AS 6018
Published ON
Feb, 2018
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 Simulators 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