According to the report titled ‘Global Civil Aviation Flight Training and Simulation Market - Analysis By Simulator Type, By Aircraft Type, By Region, and By Country (2020 Edition): Market Insights, COVID-19 Impact, Competition and Forecast (2020-2025)’ available with Market Study Report, global civil aviation flight training and simulation market was worth USD 4774.56 million in 2019 and is predicted to grow with strong CAGR though 2025.
 

Increasing investments by businesses to develop and provide state-of-the-art solutions to training institutes, expenditure by airline companies to purchase new aircrafts, and presence of aged pilots leading to emphasis on training younger candidates are salient factors responsible for the amplification of global civil aviation flight training and simulation market.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2941682/
 

On a related note, increasing focus on passenger safety due to growing number of air accidents has proliferated demand for newer and more efficient technology by institutes for training purpose. This will result in escalated investments in research and development by companies, thereby burgeoning market growth.
 

Based on simulator type, global civil aviation flight training and simulation market is classified into full flight simulators, fixed base simulators, flight training devices, and others. Among these, full flight simulator segment is projected to account for the highest market share by the year 2025, pursued by flight training devices and fixed base simulators. Focus on meeting consumer needs, increasing cooperation between airlines and training institutes, and easy accessibility of full flight simulators are bolstering the segmental share.
 

According to aircraft type, the market is segmented into fixed wing, and rotary wing. As per the report, fixed wing segment generated significant revenues for worldwide civil aviation flight training and simulation industry. Larger number of fixed wing aircrafts, and availability of related training & simulation solutions are responsible factors.
 

From the regional frame of reference, North America market size is slated to expand modestly over 2020-2025, attributable to existence of major technology providers in the region. Additionally, factors like expansion of product & service catalogue to fulfil the demands of consumers, and utilization of high-end technology will positively sway the industry dynamics.
 

Thales Group, Boeing Company, CAE Inc., L3Harris Technologies, and Collins Aerospace are some key contenders in global civil aviation flight training and simulation market.