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The Civil Aerospace Simulation and Training Market is segmented by Type (Full Flight Simulator (FFS), Flight Training Devices (FTD), and Fixed Base Simulator (FBS)), Application (Commercial Aviation and Space), and Geography.
2018 - 2026
Fastest Growing Market:
The Civil Aerospace Simulation and Training Market is projected to register a CAGR of more than 4% during the forecast period.
Flight simulators artificially recreate the environment for pilot training purposes. They not only deliver the knowledge of flying, but also provide the pilot experience of reacting under emergency situations. Aircraft flight simulators expose commercial aircraft as well as business jet pilots to real-time situations, such as bad weather, loss of electronics, incidents, like tire blowouts on landing and hydraulic failures. The market scope includes both commercial aviation and satellite training solutions.
|Full Flight Simulator (FFS)|
|Flight Training Devices (FTD)|
|Fixed Base Simulator (FBS)|
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The Full Flight Simulator (FFS) segment dominated the market and is expected to continue its dominance in the coming years. The full flight simulator is generally equipped with a motion actuator that replicates flight movement, offering real-life-like experience inside the simulator, which will allow complete training experience to the trainees in the space and aviation industries. Currently, the new and advanced FFS are being integrated with new technologies, like virtual reality, to improve the efficiency of training the pilots. The Flight Simulation Technique Centre (FSTC) received European Union Aviation Safety Agency approval for its Airbus A320neo full flight simulator in June 2019. Similarly, in March 2019, the Federal Aviation Administration (FAA) approved the first CAE 7000XR Series Airbus A330 full-flight simulator (FFS) for Extended Envelope and Adverse Weather Training. Also, the opening of new training facilities for training of fixed-wing, rotor-wing aircraft, and spacecraft (zero-gravity training) is anticipated to accelerate the demand in the coming future.
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The increasing passenger traffic in the Asia-Pacific region is propelling the procurement of new aircraft by the airlines and aircraft operators in the region. Major airlines in the region, like China Eastern Airlines, China Southern Airlines, Air China, Indigo, Korean Air, and All Nippon Airways, have huge aircraft orders, which are planned to be delivered during the forecast period. Also, according to Boeing, there will be demand for more than 244,000 pilots by 2039 in the Asia-Pacific region, with a demand for 124,000 pilots from China alone. Also, major countries in the region are accelerating their human space exploration programs. For instance, China is currently working to build its new space station, which is expected to be completed by 2022 and conduct deep-space human spaceflight by 2030. Such human space exploration plans are anticipated to propel the demand for space simulation and training solutions during the forecast period.
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The civil aerospace simulation and training market is moderately consolidated. Some of the prominent players in the market are L3Harris Technologies Inc., TRU Simulation + Training Inc., The Boeing Company, CAE Inc., and Lockheed Martin Corporation. CAE Inc. has a majority share in commercial aviation simulators due to its global presence and brand image. Similarly, Lockheed Martin Corporation and The Boeing Company are some of the prominent companies that support NASA human space exploration programs. Investments in the development of new simulators with advanced features for training are anticipated to provide the companies with new opportunities in the market in the coming years.
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1.1 Full Flight Simulator (FFS)
5.1.2 Flight Training Devices (FTD)
5.1.3 Fixed Base Simulator (FBS)
5.2.1 Commercial Aviation
5.3.1 North America
22.214.171.124 United States
126.96.36.199 United Kingdom
188.8.131.52 Rest of Europe
184.108.40.206 South Korea
220.127.116.11 Rest of Asia-Pacific
5.3.4 Latin America
18.104.22.168 Rest of Latin America
5.3.5 Middle-East and Africa
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 L3Harris Technologies Inc.
6.2.2 TRU Simulation + Training Inc.
6.2.3 CAE Inc.
6.2.4 The Boeing Company
6.2.5 FlightSafety International
6.2.6 Collins Aerospace (Raytheon Technologies Corporation)
6.2.7 Indra Sistemas SA
6.2.8 FLYIT Simulators Inc.
6.2.10 ELITE Simulation Solutions AG
6.2.11 Multi Pilot Simulations BV
6.2.12 Lockheed Martin Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS