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(Transportation-News.com, October 10, 2017 ) Artificial re-creation of aircraft flight and the environment in which it flies for pilot training, design or other purposes is called flight simulation. This simulated environment gives the same reaction to external factors as does the original flight and also simulates the equations of how flights fly. It is not only needed for just training purpose but also for research purposes and performance evaluation of trainees etc. It is expected that market for simulation and training will increase as the customers require advanced visual and motion technologies on par with the actual aircrafts today and their regulatory requirements. The demand for air travel and hence the need for pilots has significantly increased, for example, there was a 5.7% increase by September 2013 from September 2012 globally and the %increase was even more when seen region specific with highest being Asia Pacific. This demand for air travel and pilots also increased and increases the demand for aircraft simulation and training market.
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So far the highest market share in this segment is observed in North America followed by Asia pacific, Europe, Middle East, South America and Africa respectively. North America is expected to maintain its value while in other areas the market share can fluctuate because there are immense opportunities for new vendors to enter and also there is scope for joint ventures.
Previously clients used to choose simulator type by the material that went into making it and very high quality even if cost is high but now low or optimum cost simulators are preferred over high cost simulators. Vendors have to keep this in mind while deciding costs. There are many other factors that affect the market like loyalty of customers etc.
Read more details of the report at: http://www.orbisresearch.biz/reports/index/global-civil-aviation-flight-training-and-simulation-market-growth-trends-and-forecasts-2018-2023
Major players in this market are Boeing, Airbus, Bombardier, ATR and others.
Companies Mentioned:
AIRBUS
BOEING
BOMBARDIER
CAE
L-3 LINK
FLIGHT SAFETY INTERNATIONAL
ROCKWELL COLLINS
LEONARDO COMPANY
LOCKHEED MARTIN
GULF AVIATION ACADEMY
LUFTHANSA FLIGHT TRAINING
THALES GROUP
TRU TRAINING + SIMULATION
Table of Contents:
INTRODUCTION
RESEARCH METHODOLOGY
KEY FINDINGS OF THE STUDY
EXECUTIVE SUMMARY
MARKET OVERVIEW AND TECHNOLOGICAL TRENDS
MARKT DYNAMICS
GLOBAL CIVIL AVIATION FLIGHT TRAINING AND SIMULATION MARKET SEGMENTED BY AIRCRAFT TYPE
GLOBAL CIVIL AVIATION FLIGHT TRAINING AND SIMULATION MARKET SEGMENTED BY GEOGRAPHY
COMPETITIVE LANDSCAPE- FUTURE OUTLOOK, TOP PLAYERS
KEY VENDOR ANALYSIS
FUTURE OUTLOOK
DISCLAIMER
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