Dublin, June 29, 2023 /PRNewswire/ — The “Civil Aviation Flight Simulation & Simulation Training Market Report 2023-2033” report has been added to ResearchAndMarkets.com’s offering.
The Global Civil Aviation Flight Simulation & Simulation Training Market will surpass US$8.26 billion in 2023, this work calculates. The report predicts strong revenue growth through to 2033. This work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Market Dynamics
- Driving Factors
- Growing Demand for Professional and Proficient Pilots
- Advances in Simulation Technology
- Increasing Safety Regulations
- Restraining Factors
- High Cost of Simulation Equipment
- Technical Complexity Can Limit the Market Growth to a Certain Extend
- Opportunities
- Expansion into New Markets
- Augmented Reality in Aerospace Industries
- Increasing Number of Airports Globally
In civil aviation, the demand for professional and proficient pilots is increasing rapidly. Aircraft deliveries are rising due to several factors, including a booming aviation industry, retiring pilots, and an increasing number of aircraft being delivered. The growing demand for pilots is a result of the growing number of air travellers. This exponential growth is due to factors such as rising incomes, population growth, and increasing urbanization. Pilot retirements are another factor contributing to the growing demand for pilots.
The use of simulation technology has become increasingly important in the civil aviation industry, particularly in pilot training and aircraft design. However, the high cost of simulation equipment has been a significant challenge for many airlines, training centers, and manufacturers, which in turn is hampering the market growth. For instance, FRASCA’s fixed training (FTD) amounts to US$200,000, Boeing’s flight simulators ranges from US$6 million to US$8 million, CAE’s flight simulator amounts to US$10 million, and FRASCA’s FAA Level B-D Full Flight Simulators (FFS) ranges from US$5 million to US$15 million.
Additionally, one of the primary factors contributing to the high cost of civil aviation simulation equipment is the complexity of the technology. Flight simulators, for example, require high-resolution graphics, advanced avionics, and motion systems to provide an immersive experience for pilots. These components are expensive to manufacture and require specialized expertise to maintain and repair.
Leading companies mentioned in the report:
- Airbus SE
- ALSIM
- Avion Group
- Bombardier Inc.
- CAE Inc.
- ELITE Simulation Solutions AG
- FlightSafety International
- FRASCA International Inc.
- Gulf Aviation Academy
- Indra Sistemas SA
- L3Harris Technologies
- Leonardo
- Lufthansa Aviation Training GmbH
- Moong Inc.
- Pan Am International Flight Academy
- Precision Flight Controls
- Thales Group
- The Boeing Company
- TRU Simulation + Training
This 220+ page report provides you with the following knowledge:
- Revenue forecasts to 2033 for Civil Aviation Flight Simulation & Simulation Training Market, 2023 to 2033 Market, with forecasts for type and aircraft, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2033 for five regional and 19 key national markets – See forecasts for the Civil Aviation Flight Simulation & Simulation Training Market, 2023 to 2033 market in North America, Europe, Asia-Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, Spain, China, India, Japan, Australia, and South Korea among other prominent economies.
- Prospects for established firms and those seeking to enter the market – including company profiles for 19 of the major companies involved in the Civil Aviation Flight Simulation & Simulation Training Market, 2023 to 2033.
Find quantitative and qualitative analyses with independent predictions. Receive information that only this report contains, staying informed with invaluable business intelligence.
Key Topics Covered
1 Report Overview
2 Executive Summary
3 Market Overview
4 Civil Aviation Flight Simulation & Simulation Training Market Analysis by Type
5 Civil Aviation Flight Simulation & Simulation Training Market Analysis by Aircraft
6 Civil Aviation Flight Simulation & Simulation Training Market Analysis by Region
7 North America Civil Aviation Flight Simulation & Simulation Training Market Analysis
8 Europe Civil Aviation Flight Simulation & Simulation Training Market Analysis
9 Asia Pacific Civil Aviation Flight Simulation & Simulation Training Market Analysis
10 Latin America Civil Aviation Flight Simulation & Simulation Training Market Analysis
11 MEA Civil Aviation Flight Simulation & Simulation Training Market Analysis
12 Company Profiles
13 Conclusion and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/ure5o
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