Global Commercial and Military Flight Simulation Market Growth 2023-2029

Global Commercial and Military Flight Simulation Market Growth 2023-2029

A flight simulator is a device that artificially re-creates aircraft flight and the environment in which it flies, for pilot training, design, or other purposes. It includes replicating the equations that govern how aircraft fly, how they react to applications of flight controls, the effects of other aircraft systems, and how the aircraft reacts to external factors such as air density, turbulence, wind shear, cloud, precipitation, etc. Flight simulation is used for a variety of reasons, including flight training (mainly of pilots), the design and development of the aircraft itself, and research into aircraft characteristics and control handling qualities.

LPI (LP Information)' newest research report, the “Commercial and Military Flight Simulation Industry Forecast” looks at past sales and reviews total world Commercial and Military Flight Simulation sales in 2022, providing a comprehensive analysis by region and market sector of projected Commercial and Military Flight Simulation sales for 2023 through 2029. With Commercial and Military Flight Simulation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial and Military Flight Simulation industry.

This Insight Report provides a comprehensive analysis of the global Commercial and Military Flight Simulation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial and Military Flight Simulation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Commercial and Military Flight Simulation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial and Military Flight Simulation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial and Military Flight Simulation.

The global Commercial and Military Flight Simulation market size is projected to grow from US$ 11240 million in 2022 to US$ 14620 million in 2029; it is expected to grow at a CAGR of 14620 from 2023 to 2029.

North America emerged as a key market accounting for over 24% of global revenue in 2017 and is expected to witness moderate growth owing to early technology adoption by manufacturers and consumers.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial and Military Flight Simulation market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Commercial Full Flight Simulators
Commercial Flight Training Devices
Commercial Flight Training Services
Military Full Flight Simulators
Military Flight Training Devices
Military Flight Training Services

Segmentation by application
Commercial
Military

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Alsim Flight Training Solutions (France)
Bluedrop Performance Learning Inc. (Canada)
CAE(Canada)
Cubic Corporation (USA)
Elbit Systems Ltd. (Israel)
ELITE Simulation Solutions (USA)
FlightSafety International(USA)
FRASCA International(USA)
HAVELSAN A.S. (Turkey)
Lockheed Martin Corporation (USA)
L3 Technologies(USA)
L3 Link Simulation & Training (USA)
Rockwell Collins(USA)
Thales Group (France)
The Boeing Company (USA)
TRU Simulation + Training Inc. (USA)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Commercial and Military Flight Simulation market?

What factors are driving Commercial and Military Flight Simulation market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Commercial and Military Flight Simulation market opportunities vary by end market size?

How does Commercial and Military Flight Simulation break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.