Global Pilot Training Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Pilot Training Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Pilot Training market finds that the global Pilot Training market reached a value of USD 4153.68 million in 2022. It’s expected that the market will achieve USD 5842.23 million by 2028, exhibiting a CAGR of 5.85% during the forecast period.

Influence of COVID-19 Outbreak on Pilot Training Industry Development

According to statistics from Johns Hopkins University in the United States, the number of confirmed cases of COVID-19 globally has exceeded 9.6 million and nearly 500,000 have died. With the spread of the new crown pneumonia epidemic and the sharp decline in aviation demand, pilots encountered an unexpected depression. The busy pilots in the past may not have flights for weeks or even months. Take China, which is quickly out of the impact of the epidemic, as an example. According to statistics from Changzhun Airlines, during the epidemic, the number of domestic flights in China once dropped to 5,380 flights per day (February 13), which is equivalent to the level in 2001 and the average of 37,000 flights per day before the epidemic. Far away. During the 40 days of the Spring Festival, civil aviation transported 38.39 million passengers, a decrease of 58.6% over the same period last year.

Due to the arrival of secondary epidemics in many countries in Europe and America, epidemic prevention and control on a global scale are still continuing. In the short term, it is difficult for major airlines to return to their pre-epidemic conditions for their pilot needs. The sharp decline in demand for the most important downstream civil airlines will have a huge negative impact on the midstream training industry.

Strength

The economic agglomeration effect of the aviation industry is gradually becoming prominent, and the aviation market has huge potential

With the gradual opening of the low-altitude field, the demand for general aviation and official pilots is also increasing day by day

Low training costs and flexible payment methods

A surge in demand in developing countries

Although the training is more flexible, the exam is strictly implemented in accordance with FAA regulations

Weakness

The pilot training market in many regions is still in its infancy stage of development, obviously lagging behind the development of the international air transport industry

The flight training market in Europe and America has entered a mature period

Training safety issues

Opportunities

Pilot resources are scarce

The sustained and rapid development of the national economy

Further deepening of economic globalization

The pattern of the world air transport market and the development trend of low cost

Continuous liberalization of aviation policy and gradual opening of low-altitude airspace

Threat

The Federal Aviation Administration (FAA) new regulations restricting the flight time of pilots

Strict regulations have been published, including improvements to employment policies, training requirements and pilot rest regulations

The flight training device market is monopolized

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

CAE Inc., L3Harris Technologies, FlightSafety International, The Boeing Company and ATP Flight School are the five key players in the global Pilot Training market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Pilot Training market in the past 5 years.

CAE, Inc. provides training solutions based on simulation technology and integrated training services for civil aviation, defense and security, and healthcare customers. CAE is the training partner of choice of aviation professionals, airlines, large fleet operators, and aircraft manufacturers the world over. With 50+ training locations across the globe, CAE has the largest civil aviation network in the world.

L3 Technologies, Inc. provides communication and electronic equipment. The Company offers surveillance, antenna, aircraft simulation, laser range finding, modification, and image intensification equipment. L3 Technologies serves customers worldwide.

Segmentation Overview:

Among different product types, Fixed Wing segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Civil segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Pilot Training market covered in Chapter 3:

Epic Flight Academy
US Aviation
Rockwell Collins
The Boeing Company
Global Training＆Aviation
Indra Sistemas
Civil Aviation Flight university of China
TRU Simulation + Training
FlightSafety International
Lufthansa Aviation Training
L3Harris Technologies
BAA Training
CAE Inc.
ATP Flight School

In Chapter 4 and Chapter 14.2, on the basis of types, the Pilot Training market from 2018 to 2029 is primarily split into:

Rotary Wing
Fixed Wing

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Pilot Training market from 2018 to 2029 covers:

Civil
Military

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)