Pilot Training Market
Growth Factors of Pilot Training Market
The pilot training market size was valued at USD 7.07 billion in 2022, and the market is now projected to grow from USD 8.09 billion in 2023 to USD 20.02 billion by 2030, exhibiting a CAGR of 13.8% during the forecast period of 2023-2030.
The COVID-19 pandemic rigorously affected the pilot training market growth because of the declined demand for air traffic globally. The substantial decline in pilot recruitment and training was instigated because the airlines curtailed their operations and implemented pilot layoffs. The reduced intake of new pilots has consequently dropped the requirement for aircraft simulators and related training services.
The pilot training market share globally has expanded because of the emergence of new airlines. The enlargement of new airlines worldwide is boosting market growth. The civil aviation trade is experiencing the materialization of several new airlines with growing economic activity. There is a growing requirement for pilots to manage their flight operations impelling the market expansion. The increasing disposable incomes of people are opting for air transportation for business and leisure purposes.
The trend is that mixed reality (MR) emerges garnering market attention. Virtual Reality (VR) and Augmented Reality (AR) are major elements for MR. It can effortlessly integrate digital and physical elements. It enhances the pilot's skill for critical essential data onto their field of vision and furnishes economical training alternatives. Thereby, it is diminishing the necessity for actual flight hours, and mitigating hazards.
Comprehensive Analysis of Pilot Training Market
The pilot training market and aerospace & defence industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the aerospace & defence industry. These segmentations are methodically segregated by types of aircraft type, license type, training program, and training mode. The aircraft types involve airplane (Boeing 737, Airbus 320, and others) and helicopter. The license types include commercial, private, airline transport, and other pilot licenses. The training program includes commercial pilot training programs, cadet pilot training, and others. However, the training modes are such as flight training, simulator training, ground training, and recurrent training.
The Europe region is conducive to the global pilot training market, leading to a recall of USD 2.31 billion owing to the expansion of commercial airlines and the launch of new routes and destinations.
The top players in the market play a critical role in the aerospace & defence industry assuring industrial prospectus growth and setting market standards. These players include CAE Inc. (Canada), BAA Training (Lithuania), FlightSafety International Inc. (U.S.), ATP Flight School (U.S.), L3Harris Technologies Inc. (U.S.), Lufthansa Aviation Training GmbH (Germany), Pan AM Flight Academy (U.S.), Airbus Flight Academy (U.S.), Thrust Flight (U.S.), and Indra Sistemas S.A. (Spain), these market players provide a level-playing competitive landscape.
In March 2023, Airways Aviation, a UAE-based flight training provider collaborated with Asia Pacific Flight Training Academy Limited (APFT). The objective of this collaboration is to provide potential Indian students and airline cadets access to an innovative pilot pathway program.
Segmentation Table
Global Pilot Training Market Scope
ATTRIBUTE DETAILS
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 13.8% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Aircraft Type
Airplane
- Flight Training
- Simulator Training
- Ground Training
- Recurrent Training
- Flight Training
- Simulator Training
- Ground Training
- Recurrent Training
Airbus 320
Boeing 737
Others
Helicopter
By License Type
Commercial Pilot License
Private Pilot License
Airline Transport Pilot License
Others
By Training Program
Commercial Pilot Training Program
Cadet Pilot Training Program
Others
By Training Mode
Flight Training
Simulator Training
Ground Training
Recurrent Training
By Geography
North America (By Aircraft Type, Airplane, License Type, Training Program, Training Mode, and Country)
- U.S. (By Aircraft, License Type)
- Canada (By Aircraft, License Type)
Europe (By Type, Platform, Application, and Country)
- U.K. (By Aircraft, License Type)
- Germany (By Aircraft, License Type)
- France (By Aircraft, License Type)
- Russia (By Aircraft, License Type)
- Rest of Europe (By Aircraft, License Type)
Asia Pacific (By Type, Platform, Application, and Country)
- China (By Aircraft, License Type)
- India (By Aircraft, License Type)
- Japan (By Aircraft, License Type)
- Philippines (By Aircraft, License Type)
- Indonesia (By Aircraft, License Type)
- Vietnam (By Aircraft, License Type)
- South Korea (By Aircraft, License Type)
- Rest of Asia Pacific (By Aircraft, License Type)
Middle East (By Type, Platform, Application, and Country)
- UAE (By Aircraft, License Type)
- Saudi Arabia (By Aircraft, License Type)
- Rest of Middle East (By Aircraft, License Type)
Rest of World (By Type, Platform, Application, and Sub-Region)
- Latin America (By Aircraft, License Type)
- Africa (By Aircraft, License Type)
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