Global Civil Aerospace Simulation and Training Market to Reach US$ 7.1 Billion by 2032, Impelled by Growing Emphasis on Enhancing Flight Safety

June 08, 2022 | Aerospace and Defense

According to the latest report by IMARC Group, titled "Civil Aerospace Simulation and Training Market Report by Type (Full Flight Simulator, Flight Training Device, and Others), Aircraft Type (Regional Jets, Narrow Body Aircrafts, Wide Body Aircrafts, and Others), Platform (Fixed Wing Simulator, Rotary Wing Simulator), Application (Commercial Aviation Training, Space Training, Military Aviation Training, and Others), and Region 2024-2032," the global civil aerospace simulation and training market reached a value of US$ 5.2 Billion in 2023. Simulation and training involve the utilization of various tools and software in order to teach trainees about the essential skills needed to perform in real scenarios. Its adoption in the civil aerospace sector includes recreating the environment of an airplane for providing training to pilots that aid them in achieving and maintaining expertise during the handling of an aircraft without causing any risk to property or lives. Its design generally consists of cockpits, instruments and panels, avionics, control and visual systems and composites that help pilots in acquainting them with airplane maneuverings while optimizing their in-depth flight knowledge.

Global Civil Aerospace Simulation and Training Market Trends:

The global market is primarily driven by the augmenting demand for flight simulators across the aviation sector. This is supported by the increasing preference for innovative and reliable flight simulators for training purposes. Along with this, continuous improvements in the aviation infrastructure, along with various technological advancements, are providing a boost to the market growth. In line with this, the utilization of artificial intelligence (AI), virtual reality (VR) and augmented reality (AR) in the manufacturing of training simulators is creating a positive market outlook. Additionally, the rising procurement of new aircraft by airlines due to the growing passenger traffic rate across the globe, is, in turn, acting as a major growth-inducing factor. Other factors, including rapid urbanization, the widespread emphasis on enhancing flight safety, the escalating need for military training due to the increasing geopolitical conflicts and border threats, and extensive research and development (R&D) activities conducted by key players in order to introduce improved flight simulators, are also favorably influencing the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 7.1 Billion by 2032, exhibiting a CAGR of 3.5% during 2024-2032.

Market Summary:

On the basis of the type, the market has been segregated into full flight simulator, flight training device and others.
Based on the aircraft type, the market has been regional jets, narrow body aircrafts, wide body aircrafts and others.
On the basis of the platform, the market has been bifurcated into fixed and rotary wing simulators.
Based on the application, the market has been classified into commercial aviation training, space training, military aviation training and others.
On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include CAE Inc, Diamond Visionics LLC, Elbit Systems Ltd, Flightsafety International Inc. (Berkshire Hathaway Inc.), Frasca International Inc., Indra Sistemas S.A, L3harris Technologies Inc., Lockheed Martin Corporation, Thales S.A and The Boeing Company.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Type, Aircraft Type, Platform, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	CAE Inc, Diamond Visionics LLC, Elbit Systems Ltd, Flightsafety International Inc. (Berkshire Hathaway Inc.), Frasca International Inc., Indra Sistemas S.A, L3harris Technologies Inc., Lockheed Martin Corporation, Thales S.A and The Boeing Company
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1 631 791 1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Civil Aerospace Simulation and Training Market to Reach US$ 7.1 Billion by 2032, Impelled by Growing Emphasis on Enhancing Flight Safety

Purchase options

Single User License ~~$3899~~ $2999
Five User License ~~$4899~~ $3999
Corporate User License ~~$5899~~ $4999

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.