ID: MRFR/A&D/4728-CR | June 2019 | Region: Global | 104 pages
Helicopter Simulator Market Scope:
The size of the global flight simulator market was estimated at $ 4.6 billion in 2019 and is expected to record a growth rate based on revenue of 4.2% over the forecast. The advantages offered by these devices include mission-critical training programs that guarantee the efficient operation of the aircraft, low operating costs, and visual systems that offer an almost real experience and that should offer paths for the growth of the market in the coming years. . The growing demand for better and more effective training for pilots must encourage growth. It is anticipated that the growing importance of aircraft safety, as well as the need for major training, will stimulate demand over the next eight years.
Besides, the need for flight handling and safety operations, such as situational awareness and agility, helicopter simulator software, can also drive the growth of the industry. The industry is witnessing unprecedented growth efforts in aerospace technology, along with technological advances, resulting in the development of highly advanced flight simulators. These products offer high efficiency and have the ability to save fuel. Besides, advances in computer technology have significantly resulted in the incorporation of better visual and motion systems for greater fidelity and smoothness, which are also expected to strengthen the flight simulator market during the forecast.
High manufacturing costs, along with ongoing operating and maintenance costs, are some of the additional factors that are likely to hamper product demand. Also, the limited physical environment and behavioral fidelity associated with flight simulators can negatively impact the flight simulator market during the forecast. However, growing concerns about the cost of pilot training, fluctuating fuel prices, and savings in the maintenance and repair of real aircraft are also having a positive impact on the growth of the industry. The development of a realistic flight simulation system with aerial displays using the logic of the aircraft system has resulted in significantly the high adoption of these devices.
Flight helicopter simulators are built to reproduce the cabin and cabin of the actual aircraft. The flight simulator panel is fixed with motion and visual systems to create realistic environments for pilots. This allows pilots to accurately sense movement on the aircraft and visual systems help them work with airport access procedures. The visual systems are designed to offer pilots 180-degree satellite quality.
Technological advances that result in the development of very advanced flight simulators await the growth of a market. Lockheed Martin Corporation offers a flight simulator called Prepar3D, which can recreate the cityscape and night wing illustrations. They kept it as open-source for private users and developers to create new programs and environments, thus ensuring the constant development of the program. Besides, advances in computer technology have resulted in significantly better visual systems, offering an almost real-world experience that can also accelerate the growth of the industry over the next seven years.
Military helicopter simulator market trends:
A military segment is expected to grow with the highest growth rate during the forecast
In 2026, the military segment has the largest market share in the helicopter simulator market, compared to commercial helicopter simulators. The greater participation of the military segment is mainly attributed to the fact that the use of helicopters in the armed forces is much more compared to commercial purposes. Besides, more helicopter pilots are being trained for military helicopters compared to commercial helicopters. These are the main factors for a larger market share in the military segment. This segment is also expected to have a higher rate during the forecast. During the forecast period, demand for military helicopter pilots is increasing due to a larger pipeline of helicopter fleet initiatives by several military personnel that would help the segment grow during the forecast period.
Military helicopter simulator Regional understandings:
North America has emerged as a key market for flight simulators, with more than 29% of global revenue in 2019 and expecting slow growth during the forecast. This is due to the early adoption of the technology by manufacturers and consumers. Besides, the stringent regulations enforced by the Federal Aviation Administration and federal aviation regulations, including section 61.64 for the use of flight simulators for training purposes, may further stimulate regional growth. Also, the availability of advanced military and commercial infrastructure is expected to grow the flight simulator market in this region.
The Asia-Pacific region expects high growth over the forecast period due to increased demand for these devices, especially in developing countries such as India and China. The start-up of manufacturers in China in early 2015 may further increase demand in the region. The growth in the Asia-Pacific region is attributed to the high demand for air travel concerning the increase in trade and tourism. North America can witness slow growth, attributable primarily to air safety concerns, along with the strict air safety standards imposed by the regulatory authority in the United States.
Army helicopter simulator Product information:
Based on the product, the industry is segmented into a full flight simulator and fixed flight training devices. The full flight simulator segment accounted for more than 90% of the market share in 2019, growing by a 4.6% revenue-based growth rate during the forecast. full flight simulator refers to high-tech flight simulators that offer high fidelity and reliability. The full flight simulator properly stimulates the aircraft and the environment in which it operates. These devices create movement, sound, images, and all the other operations of the aircraft, to create a realistic training environment that guarantees complete training for pilots.
Safety standard authorities are training modules with limited visual display. The main purpose of these devices is to train where all indicators and switches are on deck. These devices are widely used due to their low cost of purchase and operations. Besides, it is expected that the development of simulators for Unmanned Aerial Vehicles will offer an alternative opportunity for the market flight simulator. The increase in the use of Unmanned Aerial Vehicles drones has increased the need for training drone pilots, who, in turn, need to accelerate market growth.
Based on the application, the flight simulator market has been separated into military, defensive, and civilian. The civilian segment owned a significant share of the market share of approximately 69.4% in 2019, growing at a revenue-based growth rate of 4.5% over the forecast. Military and defense include simulators used for training and mission tests for the armed forces. Also, the live, virtual, and constructive training offered by flight simulators allows the pilots of the armed forces to perform better tasks or missions in the real world, thus resulting in the greater installation of the product.
Manufacturers have realized the importance of improving Aircraft Simulation Technology to offer a realistic aircraft system. That is why they focus on mergers and acquisitions to have a greater financial, technical, market, manufacturing, and distribution resources. For example, Textron, L-3 Communications, and Lockheed Martin have acquired competitors for commercial aircraft simulators as a means to reduce their overall exposure to defense markets and seek growth in the civil aviation market.
The helicopter trial market has now begun to evolve into a split, and several retailers have begun offering their experiments to a wide range of user groups, with complex and flexible video types. The slow growth of helicopter sales in some mature markets in North America and Europe has slightly hampered sales of helicopter simulators in recent years. At the same time, the growing demand for helicopters in the countries of the Asia Pacific and the Middle East has shifted the focus of several OEM simulators from North America and Europe to countries such as China, Japan, Australia, Saudi Arabia, United Arab Emirates. and India. Recently collaborations and partnerships have played an important role in the success of aerospace and defense companies, as the exchange of technology has spurred the growth of new simulators that can artificially create critical situations in real-time for pilots during training.
Segments Addressed in the Report:
The report predicts revenue growth at the global, regional and national levels and gives an analysis of the latest industry trends in each of the sub-segments from 2016 to 2026. For this study, Grand View Research segmented the report on the global flight simulator. Market by product, application, and region:
Application Outlook (Revenue, millions of dollars; volume, millions of units,)
1.Full flight simulator;
2.Fixed flight training devices;
3.Product outlook (revenue, millions of dollars; volume, millions of units,)
4.Military and defense;
6.Regional perspective ( revenue, millions of dollars; volume, millions of units)
The Middle East and Africa:
A detailed study of the helicopter simulator market prepared by primary and secondary research and validated by industry experts. If you are planning to understand the market of helicopter simulators inside and out, then this is a must report. You will also get a free analyst with this report.
Frequently Asked Questions (FAQ) :
Global helicopter simulator market is projected to record a CAGR of 3.76% during the review period.
The global market for helicopter simulator is estimated to hold a substantial value during the forecast period.
The APAC region is projected to be the fastest-growing market.
The military segment is estimated to grow at the highest CAGR during the forecast period.
FLYIT Simulators Inc. (US), CAE Inc. (Canada), Fidelity Flight Simulation Incorporated (US), and TRU Simulation+Training Inc. (US), are some of the eminent players of the global helicopter simulator market.