Global Flight Simulator Market Growth 2023-2029

Global Flight Simulator 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 simulators are widely used in pilot training, aircraft design, airborne equipment testing and other applications. The primary purpose of utilization of flight simulator is to train a pilot to achieve, test, and maintain proficiency in the operation of an airplane without risk to person or property and at a lower cost to training in the air.

In its simplest form, a flight simulator system usually includes:

1. A display, or multiple displays, to present visually the external environment.

2. Control devices, such as a yoke or control stick and rudder pedals, to provide control inputs to the simulator.

3. A audio system to produce communications, external, aircraft, and cockpit sounds.

4. A computer system or systems to process control inputs, to digitally generate visual and audio representations in response to those inputs, and to record flight data for analysis.

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

This Insight Report provides a comprehensive analysis of the global Flight Simulator 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 Flight Simulator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flight Simulator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flight Simulator 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 Flight Simulator.

The global Flight Simulator market size is projected to grow from US$ 3878.4 million in 2022 to US$ 4874.5 million in 2029; it is expected to grow at a CAGR of 4874.5 from 2023 to 2029.

Globally, the flight simulator industry market is quite concentrated as the manufacturing technology of flight simulator is super complex and is related to lots of hardware and software technology. Several enterprises, like CAE, L3 Technologies and FlightSafety International are well-known for the technology status of their flight simulator and related services, the top 3 got about 57% market shares. At the same time, North America, occupied 80% revenue market share, is remarkable in the global flight simulator industry because of their market share and technology status.

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

Market Segmentation:

Segmentation by type

FFS (Full Flight Simulator)

FTD (Flight Training Devices)

Others (FBS/FMS)

Segmentation by application

Military

Commercial

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.

CAE

L3 Technologies

FlightSafety International

Thales

Rockwell Collins

Boeing

Textron

Key Questions Addressed in this Report

What is the 10-year outlook for the global Flight Simulator market?

What factors are driving Flight Simulator market growth, globally and by region?

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

How do Flight Simulator market opportunities vary by end market size?

How does Flight Simulator 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.