Market Share of Civil Aviation Flight Training And Simulation Industry
The civil aviation flight training and simulation market is moderately fragmented. CAE Inc. is the market leader mainly due to its huge geographical presence and brand image. L3Harris Technologies Inc., TRU Simulation + Training Inc., FlightSafety International Inc., and The Boeing Company are also some of the other prominent players in the market. Simulation and training providers and equipment manufacturers constantly strive to build brand reputation and reach out to geographic extremes to attract more customers.
Flight schools are looking for long-term collaborations with airlines and aircraft operators for pilot training programs, which may help them make sustainable revenues for longer durations. There is a growing demand for simulators that can be re-configured or possibly upgraded to support newer aircraft models, and the focus on manufacturing such simulators will drive the growth of the players during the forecast period.
Flight Simulator Market Leaders
CAE Inc.
L3Harris Technologies Inc.
TRU Simulation + Training Inc. (Textron Inc.)
The Boeing Company
FlightSafety International Inc.
*Disclaimer: Major Players sorted in no particular order