Drone Simulator Market worth $764.7 Million by 2022 | MarketsandMarkets

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Drone Simulator Market worth 764.7 Million by
2022 MarketsandMarkets
The report "Drone Simulator Market by Platform
(Commercial, Military), Component (Software,
Hardware), Device Type (Augmented Reality,
Virtual Reality), Drone Type (Fixed Wing,
Quadcopter, Helicopter), System, and Region -
Global Forecast to 2022", The drone simulator
market is projected to grow from an estimated
USD 376.9 Million in 2017 to USD 764.7 Million by
2022, at a CAGR of 15.20 from 2017 to 2022. The
increasing use of drones for commercial and
military applications has led to increased
demand for drone pilots across the globe, thereby
fueling the growth of the drone simulator
market. Get 10 Free Customization
_at_ https//www.marketsandmarkets.com/requestCustomi
zationNew.asp?id145601556 The commercial segment
is projected to grow at the highest CAGR during
the forecast period Based on platform, the
commercial segment of the drone simulator market
is projected to grow at the highest CAGR from
2017 to 2022, owing to the increasing demand for
drones in various industries, such as
agriculture and construction, for monitoring and
inspection applications. Commercial drone pilots
require certifications and licenses to fly
drones. The rising need for pilot training is
expected to fuel the growth of the commercial
segment of the drone simulator market. The
augmented reality segment is anticipated to grow
at the highest CAGR during the forecast
period Based on device type, the augmented
reality (AR) segment of the drone simulator
market is projected to grow at the highest CAGR
from 2017 to 2022, owing to the increasing demand
for augmented reality drone simulators in the
commercial and military markets. An AR drone
simulator helps pilots to learn to fly drones in
a safe and immersive manner. Asia-Pacific is
projected to be the fastest-growing market for
drone simulator during the forecast period The
drone simulator market in the Asia-Pacific region
is expected to grow at the highest CAGR during
the forecast period. This anticipated high
growth is mainly attributed to the increase in
demand for drones in emerging economies, such as
China and India. Moreover, the presence of
prominent drone manufacturers, such as DJI
(China), and their contribution toward the
improvement of drone simulators are expected to
fuel the markets growth in the Asia-Pacific
region. Major players operating in the drone
simulator market include CAE Inc. (Canada), L-3
Simulation Training (UK), Israel Aerospace
Industries Ltd. (Israel), Leonardo S.p.A.
(Italy), Havelsan A.S. (Turkey), Simlat UAS
ISR Training Solutions (Israel), and General
Atomics Aeronautical Systems, Inc. (US). Get
Discount on Report _at_ https//www.marketsandmarkets
.com/discountreports.asp?id145601556
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