Global Civil Aviation Flight Training and Simulation Market to Garner Significant Returns By 2025

January 11, 2022


According to the research report titled ‘Global Civil Aviation Flight Training and Simulation Market - Analysis By Simulator Type, By Aircraft Type, By Region, By Country (2020 Edition): Market Insights, COVID-19 Impact, Competition and Forecast (2020-2025)’, available with MarketStudyReport, global civil aviation flight training and simulation market was worth USD 4774.56 million in 2019 and is slated to grow at a substantial rate over the forecast period 2020-2025.
 

Surging demand for simulators and training devices in training institutes & airlines, coupled with increasing proportion of elderly pilot population are the major factors driving global civil aviation flight training and simulation market growth. Moreover, heavy investments in advanced technology for providing high quality products to training institutes, and increasing focus of various leading airlines towards expanding their aircraft fleet are also propelling the industry remuneration scope.
 

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/2945333/
 

Based on simulator type, full flight simulators (FFS) segment is poised to capture a substantial market share over the forecast period, driven by growing product supply by leading vendors, and increasing number of collaborations among training institutes, airlines and manufacturers to better understand the requirements of end-users.
 

Considering aircraft type, fixed wing segment held a major share of global civil aviation flight training and simulation market in the recent past, on the back of increasing number of fixed wing aircrafts, and availability of various training devices & simulators for this type of aircrafts. Moreover, factors such as growing incidence of air accidents, increasing focus on passenger safety, and high investment in adoption of advanced technology will also contribute to segmental growth in the coming years.
 

Geographically speaking, North America market is poised to expand remarkably over 2020-2025, due to presence of several major vendors in the region, high manufacturer investments in product portfolio expansion, and increasing incorporation of advanced technologies of production.
 

Prominent players in worldwide civil aviation flight training and simulation industry include Boeing Company, Thales Group, Collins Aerospace (Raytheon Technologies Corp.), CAE Inc., and L3Harris Technologies Inc.

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