The global market for Commercial and Military Flight Simulation is projected to reach US$13.7 billion by 2024, driven by the need to curb rising costs of pilot training by replacing traditional techniques with low cost virtual training methods; continuous technological developments, launch of new generation aircraft and the parallel need to retrain pilots on drivability control and operation. Robust outlook for commercial aviation encouraging fleet expansion plans of major airlines, and increase in new aircraft deliveries juxtaposed with the aging airline workforce are expected to intensify pilot shortages over the next few years. As the industry scrambles for skilled pilots, commercial and military flight simulation will benefit from the increase in pilot training institutes, and focus on reducing time-to-train of training programs. Key benefits offered by flight simulation systems driving their adoption include reduced training costs and high effectiveness; superior practice training for risky situations; reduced carbon footprint associated with live flight training; freedom to learn from mistakes without the risk element; rise of VR & AR technologies that offer unrivalled realism; and ability to learn more in less time. Other major trends influencing growth include commercialization of unmanned aerial vehicles and airplanes; growing demand for UAVs in combat environment and the ensuing increased investments in advanced UAV operator simulation and training systems; and stringent safety regulations and the ensuing increased reliance on flight simulators to achieve cost effective compliance. Europe represents the largest market worldwide. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 6.6% over the analysis period, led by factors such as military fleet modernization efforts; booming commercial aviation sector in countries such as Thailand, Malaysia, Australia, New Zealand, Indonesia, Singapore, China and India; increase in the number of low cost airline carriers; growing investments in fleet expansion; strong demand for airline ready pilots; and rise in aviation fatalities caused due to loss of control and the ensuing urgent need to spend heavily on pilot training.

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Company and Industry News & Stories
  • United Technologies Acquires Rockwell Collins and Announces Intention to Separate its Commercial Businesses, Otis and Carrier (formerly CCS), into Independent Entities
  • Elbit Systems Delivers M-346 FMS and FTD to the Polish Air Force in a Move to Enable PLAF Cadets to Gain Top Quality Training & Superior Mission Readiness
  • Central Flying Academy to Buy Alsim’s ALX Medium Jet that will Support its PPL, CPL and IR Offerings
  • CAE to Acquire Bombardier’s Business Aircraft Training Business in a Transaction Valued at US$645 Million
  • CAE Signs Long-Term Training Contract with easyJet in a Move to Provide the Most Innovative Training Solutions & Deliver the Greatest Training Experience

Outlook in Key Market Segments
  • Through 2024, Commercial Flight Simulation will remain the largest market, followed by Military Flight Simulation.
  • Within the Commercial Flight Simulation market, Commercial FTS and Commercial FFS are projected to provide the largest revenue opportunities over the medium to long-term period.

Product Definition & Scope
  • Flight Simulation is an established technique that offers a true and vibrant demonstration of the behavior of an aircraft, while facilitating one or more operators, normally pilots, to interact with the simulation. Virtual reality, used for flight simulation, ensures real-time experience through 3D sound systems, high-degree of realism, and color environment. The objective of flight simulation is to provide the user of the system a visual feeling of being in an aircraft.

Timeline for Analysis
  • Market Estimates and Forecasts for 2016-2024
  • Historic Review 2011-2015

Geographic Markets Analyzed
  • US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Middle East & Africa, and Latin America

Market Segmentation & Classification
  • Product Group/Segments:
    • Commercial Flight Simulation (Commercial Full Flight Simulators, Commercial Flight Training Devices, & Commercial Flight Training Services), and Military Flight Simulation (Military Full Flight Simulators, Military Flight Training Devices, & Military Flight Training Services).

Major Players
  • The Boeing Company
  • CAE, Inc.
  • Collins Aerospace
  • Elbit Systems Ltd.
  • FlightSafety International, Inc.
  • HAVELSAN A.S.
  • Lockheed Martin Corporation
  • Thales Group

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