Flight Simulator Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024

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 Flight Simulator Market is forecast to reach $7.8 billion by 2025, at a CAGR of 5.37% during 2020-2025. Increasing demand for virtual flight environment for both commercial and military purposes and growing need for cost-effective pilots training are expected to accelerate the Flight Simulator market during forecast period. Similarly, rising spending in aerospace training sectors are creating opportunity for flight simulator market. For instance, a Canadian company CAE, which is engaged in training for the civil aviation proposed to invest $288.75 million for the development and training activities. These kind of investments are likely to bring demand for flight Simulator market.
 
Key Takeaways

North America dominated the Flight Simulator market with a share of more than 35%, owing to strict guidelines imposed by the Federal Aviation Administration (FAA) and Federal Aviation Regulations (FARs).
Flight simulator market report forecasts thatFull flight segment is likely to register largest shareas it offers high fidelity, reliability and accurately stimulates the aircraft environment.
Commercial segment is the largest segment for Flight Simulator market. Rise in the global air passenger traffic is driving the growth of the aviation industry, which is leading to the demand for commercial aircraft deliveries.
Major players in the Flight Simulator Market are Airbus Group N.V., Avion Group, CAE, Inc., Collins Aerospace, Elite Simulation Solutions, Flight safety International, Frasca International, Inc., Indra Sistemas Sa, L-3 Communications Holdings Inc., Precision Flight Controls Inc.,

Type - Segment Analysis

Full flight Simulator is likely to register highest CAGR of 6.88% during forecast period.  These system are getting more popularity due to high fidelity, reliability, simulation accuracy and better at exposing deficiencies like proneness to pilot-induced oscillation (PIO). These systems create sound, motion, and visuals to create realistic training environment and also offer digital electrical control loading and an electric motion system, reducing power consumption and ensuring minimal operational life costs. Several companies are creating opportunity for full flight simulator (FFS)with the increased usage of this simulators. For instance, in june 2018, Airbus introduced the new full flight simulator (FFS) in order to assist the staff training on the Airbus A330 Multirole Tanker Transport (MRTT). Similarly, CAE provides the most innovative full-flight simulators (FFS), including the latest CAE 7000XR Series Level D FFS, improving training efficiency, offering advanced capabilities, and increasing operational efficiency.

Application - Segment Analysis

Flight simulator for Commercial application is likely to register a CAGR of 7.32% during forecast period. Rise in the global air passenger traffic is driving the growth of the aviation industry, which is leading to the demand for commercial aircraft deliveries.For Instance,Bell’s Textron Inc. delivered 192 commercial aircrafts in 2018 as compared to 132 in 2017. Similarly, in 2017, Honeywell Inc.  Forecasted to deliver 4000to 4200 civilian aircrafts between 2018-2022. Rising demand in commercial aircrafts will create opportunity for Flight Simulators.

Geography- Segment Analysis

In 2018, North America dominated the Flight Simulator industry market size for about35.67% market share, followed by APAC and Europe. In North America, strict guidelines imposed by the Federal Aviation Administration (FAA) and Federal Aviation Regulations (FARs) regarding use of simulators for training purpose. According to new FAR regulations, Air carriers must compulsory develop training programs using simulators that meet the upgraded requirements. Stringent regulations as such will drive the usage of Flight Simulator market in this region. Similarly high demand for air travel in North America is also one of the major reason for flight simulator market as it increases the need for pilot training. For instance according to the report given by International Air Transport Association (IATA), in 2018, global passenger traffic in North America increased by 6.5% between 2017-18. Increased demand for passenger traffic will create opportunities for new aircraft there by creating demand for flight simulators.

Drivers –Flight SimulatorMarket
Rising demand for commercial pilots

As Flight simulators are used to train the pilots by creating the virtual environment, increasing demand for new pilots will, in turn, raise the flight simulator market share globally. For instance, demand for new pilots is expected to rise dramatically over the next two decades as a result of new aircraft entering the global fleet. According Boeing, 790,000 new pilots is likely to be required by 2037 to meet growing passenger fleet.Similarly, in 2018, Airbus estimated a worldwide demand of pilots to reach 450,000 by 2035. 

Increase in adoptionof Virtual Training to ensure safety

The Increase in adoption of technology of virtual training and simulation in civil and commercial aviation to ensure aviation safety in flight handling and including situation such as awareness, skill competency will promote the flight simulation market. Similarly, research and development efforts directed towards virtual reality and artificial intelligence advancements has resulted in highly naturalistic flight simulators, thus offering navigation and motion control mechanism will enhance the market positively.

Challenges – Transfer Case Market
High cost involved in the making of flight simulator and complexities in acquiring License.

One of the prominent challenges is the high cost of producing and acquiring FFS FTD systems and cockpit procedures trainer. For instance FAA Qualified Level 6 & 7 FTD aka fixed base simulators, cost around $2 million and FNPT II, Flight and Navigation Procedures Trainer, costs about$2.5 million. Similarly complexities in acquiring the license is also one of the challenging factor in flight simulator market. Majority of training providers would not be able to acquire and operate the type of simulators required for a major portion of multi-crew pilot license (MPL) training due to their cost and slow pace regulatory licensing process.

MarketLandscape

Partnership and acquisitions are key strategies adopted by players in the Flight Simulator market. In 2018, flight Simulator market industry outlook was consolidated with the top five players accounting for more than 52.45% of the share. Flight Simulator top 10 companies includeAirbus Group N.V., Avion Group, CAE, Inc., Collins Aerospace, Elite Simulation Solutions, Flight safety International, Frasca International, Inc., Indra Sistemas Sa, L-3 Communications Holdings Inc., Precision Flight Controls Inc., and others

Acquisitions/Technology Launches

  • In April 2019- CAE partnered with JetBlue Airways (US) to provide 2 CAE 500XR flight training devices and 2 Airbus A220- 300 CAE 7000XR Series full flight simulators. With this partnership, CAE strengthened its customer base in the flight simulator market.
  • In April 2019- L -3 Commercial Aviation, a subsidiary of L-3 Communications Holdings, Inc. entered into a 2-year agreement with Aer Lingus (UK) to provide the full flight simulator pilot training program. This agreement provides 2 years of continuous pilot training support to Aer Lingus.
  • In October 2018- Flight Safety announced that it would provide training services for Pilatus PC-24 aircraft in Paris from 2019 on the Flight Safety’s Flight Safety FS1000 simulator. The objective is to expand Flight Safety’s training services in Paris.

1. Flight Simulator Market - Overview
        1.1 Definitions and Scope
2. Flight Simulator Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Flight Simulator Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Flight Simulator Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Flight Simulator Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Flight Simulator Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Flight Simulator Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Flight Simulator Market - By Product (Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
8.3.1 Full Flight Simulator
8.3.2 Fixed Flight Training Devices
9. Flight Simulator Market - By Service (Market Size -$Million / $Billion)
9.1 Maintenance & Repair Services
10. Flight Simulator - By Application (Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
10.3.1 Military Defense
10.3.2 Civil
11. Flight Simulator- By Geography (Market Size -$Million / $Billion)
        11.1 Flight Simulator Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Flight Simulator- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Flight Simulator- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Flight Simulator - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Flight Simulator - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Flight Simulator Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Flight Simulator Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Flight Simulator Market - Key Company List by Country Premium
15. Flight Simulator Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Alenia Aeronautica
15.3 Boeing
15.4 Cae
15.5 Cassidian
15.6 Disti
15.7 Fidelity Technology Corporation
15.8 Havelsan
15.9 Kratos Defense And Security Solution
15.10 L-3 Link Simulation And Training
15.11 Lockheed Martin Corporation
15.12 Meggitt Training System
15.13 Rockwell Collins
15.14 Saab
15.15 Sikorsky Aircraft Corporation
15.16 Teledyne Brown Engineering, Inc
15.17 Thales
15.18 Virtra System
15.19 Zedasoft, Inc
15.20 Company 19
15.21 Company 20 & More
*Financials would be provided on a best efforts basis for private companies
16. Flight Simulator Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Flight Simulator Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Flight Simulator Market Size 2018
2 Canada Flight Simulator Market Share 2018
3 Brazil Flight Simulator Market Outlook 2019 - 2023
4 Mexico Flight Simulator Market Research 2018
5 Germany Flight Simulator Market Trends 2019 - 2023 
6 France Flight Simulator Market Growth 2019 - 2023 
7 UK Flight Simulator Market Demand 2019 - 2023 
8 Italy Flight Simulator Market Segmentation 2018
9 Russia Flight Simulator Market Analysis 2019 - 2023
10 China Flight Simulator Market Revenue 2019 - 2023
11 Japan Flight Simulator Market Volume 2019 - 2023
12 South Korea Flight Simulator Market Potential 2019 - 2023
13 India Flight Simulator Market Leaders 2018
14 Saudi Arabia Flight Simulator Market Forecast 2019 - 2023 
15 Kuwait Flight Simulator Market Value 2018

List of Figures

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