Flight Simulator Market

Flight Simulator Market registered a revenue of USD 6.2 billion in 2021 and is projected to reach USD 9.5 billion in 2029, growing at a CAGR of 5.5% during the forecast period.

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Market Dynamic

Key Drivers and Emerging Trends

The factors driving the global flight simulator market include increasing tourism, growing sale of the commercial aircraft along with government initiatives to adopt the new technologies. Moreover, rising aerospace & defence investment for combating the demand of various countries will boost the global flight simulator market. For instance, according the Aerospace Industries Association (AIA), the Aerospace & Defence industry has shown strong annual growth due to increase in the aircraft sale in the industry sales which generated the revenue of US$ 909 billion in 2019. Among these sales, an estimated US$ 459 billion was attributed by innovative technology manufacturing such as flight simulators, cruise control systems, avionics among others which was increased by 4% over the previous year 2018.

Further, several leading players are launching new technology based flight simulators through collaboration and partnerships with the industry leading tech players globally. For instance, in first quarter of 2021, Microsoft Flight Simulator has been launched Xbox Series X and S which is the most authentic and realistic flight simulator provided through the game. Gamers can test piloting skills against the real-time challenges through the Xbox series.

Restraint in the Flight Simulator Market

However, required high capital investment with and require skilled workforce for training and guidance purpose which is costly affairs that may hamper the global flight simulator market.

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Type- Segment Analysis

Based on the type, full flight simulator (FFS) expected to grow at the fastest rate in the global Flight Simulator market during the study period, this is primarily attributed to rising sale and adoption of the new aircraft for the commercial and tourism purpose. Also, the full flight simulator has the highest level of training capability in which follows FAA regulations with in-built vibration and cabin motion capability.

Aircraft Type – Segment Analysis

Based on the aircraft type, fixed wing aircraft holds the highest market share in 2019 in the global Flight Simulator market owing to surge in the air passenger traffic globally due to globalization and industrialization with surge in the world tourism sector.

Solution – Segment Analysis

Based on the solution, product solutions such as virtual & live training has largest market share over the forecast period in the global flight simulator market in 2020, owing to rising demand for virtual and live training for the pilots by the leading aircraft, aerospace and defence companies in order to reduce the operational cost.

Application – Segment Analysis

In terms of the application, civil segment has the largest contribution for the growth of the global flight simulator market, this is attributed to rising air travellers around the globe for the business, tourism and educational purpose.

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Regional – Segment Analysis:

Based on the region, North America region is expected to dominate the global flight simulator market due to presence of leading players with growing government initiatives, surge in the aerospace & defence spending and presence of improved advanced technology and growing passengers in this region followed by Europe and Asia-pacific. For instance, in 2018, the aerospace & defence industry in the United States has contributed US$ 151 billion in export sales of various aerospace components such as flight simulators, avionics etc. to the U.S. economy. Thus, it created massive demand for the growth of the flight simulator market.

Top Market Players

Various notable players operating in the market, include, Infinite Flight, AEROFLY FS, HAVELSAN, FlightGear, FLYINSIDE, Fidelity Technologies Corporation, Lockheed Martin Corporation, KRATOS DEFENSE AND SECURITY TYPE, Rockwell Collins, Alenia Aeronautica, Cassidian, CAE, Boeing and among others. 

Key Developments:

• • In 2019, CAE launched new virtual reality trainer for or speeding up and cutting the cost of pilot training with use of own courseware and virtual reality system which would also attract the interest from the U.S. and international militaries.
  • In 2018, CAE launched CAE 700MR Series flight simulator designed for military helicopter training. Development of this high-end helicopter flight training device (FTDs) is used to further development and refinement of the new CAE 700MR Series.

Segments covered in the Report:

The global Flight Simulator market has been segmented on the basis of type, aircraft type, solution, application, and key regions. Based on type, the market is segmented into Aviation Training Device (ATD), Full Flight Simulator (FFS) and Fixed Flight Training Devices (FTD). In terms of aircraft type, the global flight simulator market is divided into Rotary Wing Aircraft and Fixed Wing Aircraft. Based on Solution, the market is segmented into Product and Aircraft Type. Further, product is divided into virtual simulation and live simulation.  Based on application, the market is segmented into UAV, helicopter simulator, commercial, military & defence and civil infrastructure. 

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Key questions answered in this research report:

• • At what pace is global flight simulator market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Flight Simulator market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Flight Simulator market?
  • Which Type generated maximum revenues in 2021 and identify the most promising Type during the forecast period?
  • What are the various Aircraft Type areas of global Flight Simulator market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2021)	USD 6.2 billion
Market Base Year	2021
Market Forecast Period	2022-2029
Base Year & Forecast Units	Revenues (USD Billion)
Market Segment	By Type, By Aircraft Type, By Type, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Infinite Flight, AEROFLY FS, HAVELSAN, FlightGear, FLYINSIDE, Fidelity Technologies Corporation, Lockheed Martin Corporation, KRATOS DEFENSE AND SECURITY TYPE, Rockwell Collins, Alenia Aeronautica, Cassidian among others; a total of 13 companies covered
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Flight Simulator Market by Type

• • Aviation Training Device (ATD)
  • Full Flight Simulator (FFS)
  • Fixed Flight Training Devices (FTD)

Global Flight Simulator Market by Aircraft Type

• • Rotary Wing Aircraft
  • Fixed Wing Aircraft

Global Flight Simulator Market by Solution

• • Product
    • Live Simulation
    • Virtual Simulation
  • Aircraft Type

Global Flight Simulator Market by Application

• • UAV
  • Helicopter Simulator
  • Commercial
  • Military & Defence
  • Civil

Global Flight Simulator Market by Region

• • North America Flight Simulator Market (Option 1: As a part of the free 25% customization)
    • By Type
    • By Aircraft Type
    • By Solution
    • By Application
    • US Market All-Up
    • Canada Market All-Up
  • Europe Flight Simulator Market (Option 2: As a part of the free 25% customization)
    • By Type
    • By Aircraft Type
    • By Solution
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Flight Simulator Market (Option 3: As a part of the free 25% customization)
    • By Type
    • By Aircraft Type
    • By Solution
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Flight Simulator Market (Option 4: As a part of the free 25% customization)
    • By Type
    • By Aircraft Type
    • By Solution
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Flight Simulator (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Infinite Flight
  • AEROFLY FS
  • HAVELSAN
  • FlightGear
  • FLYINSIDE
  • Fidelity Technologies Corporation
  • Lockheed Martin Corporation
  • KRATOS DEFENSE AND SECURITY TYPE
  • Rockwell Collins
  • Alenia Aeronautica
  • Cassidian
  • CAE
  • Boeing