Civil Aerospace Simulation and Training Market ‚ Analysis of Growth, Trends, and Forecast (2020 - 2025)

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The Global Civil Aerospace Simulation and Training Market is expected to register a CAGR close to 4% during the forecast period, 2018 to 2023. Asia-Pacific region is expected to exhibit the highest growth rate in the global civil aerospace simulation and training market. Globally, aircraft orders are expected to cross over 40,000 units in the future.The aviation sector has been hit in recent times with a growing demand for new pilots, as the airline industry continues to experience global shortages in the number of certified pilots. In the next 20 years, airlines in North America alone are going to be in need of around 117,000 new pilots. Projected shortage of airline pilots in the U.S. is expected to increase to over 2,000 by 2025, compared to the recorded pilot deficit of 155 in 2016.  As the size of aircraft fleets continue to increase worldwide, coupled with the increased annual growth rate of the global air traffic passenger demand, many airline carriers have been forced into a reduction in the number of flight schedules due to a shortage of pilots. The growth of this market demands the need for trained pilots and improved aviation training methods. Another significant factor that is driving the market for virtual training methods is rising fuel prices, and growing international regulation of emissions and noise pollution. Thus, airlines prefer simulator-based training as it requires less time and costs compared to training on actual aircraft. Lately, the aerospace simulation and training market is moving towards high-fidelity displays. Earlier, multi-screen frameworks were used in the simulator to train pilots. However, with the presentation of collimated displays and Cobra curved display, flight simulators have experienced manifold change. The utilization of new technologies, such as computer graphics, mechanical actuation, and distributed computing are trends in the global civil aerospace simulation market that are improving the features of flight simulators. The increase in computing speed and memory capacity offered by high-performance computing capability is enabling simulators and training devices to produce better-quality images inside the cockpit.  



Source: Boeing/Mordor Intelligence

Key Developments in the Market

  • March 2018: BAE Systems Australia to upgrade Australia's long-range radar network
  • December 2017: L3 Link Awarded Contract to Upgrade F/A-18 Training Systems for the Swiss Air Force
  • February 2017: Rockwell Collins developed new ARC-210 smart mount for Iridium® SATCOM integration.

Major Players: L-3 Communications Link Simulation & Training, Rockwell Collins, Advanced Simulation Corporation, Atlantis Systems Corporation amongst others.

Reasons to Purchase this Report

  • Provides Latest Insights into the Civil Aerospace Simulation and Training Market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • Detailed analysis on the region expected to witness fastest growth in the market
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3 months analyst support along with the Market Estimate sheet (in excel)

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