Flight Simulator Market by Application (Military, Commercial) Worth 7.54 Billion USD

1
MarketsandMarkets Presents
Flight Simulator Market by Application (Military,
Commercial), by Type of Flight (Fixed Wing,
Rotary Wing, Unmanned Aircraft), Military
Component (FFS, FMS, FTD), Commercial Component
(FFS, FBS, FTD), Geography - Global Forecast to
2021 The global flight simulator market is
projected to grow from USD 6.18 Billion in 2016
to USD 7.54 Billion by 2021, at a CAGR of 4.1
during the forecast period. The base year
considered for the study is 2015 and the forecast
period is from 2016 to 2021.
2
The military segment to dominate the global
flight simulator market with highest market share
On the basis of application, the military
segment dominates the global flight simulator
market with largest market share and is expected
to continue its dominance over the next five
years, though the commercial segment is expected
to grow at a higher CAGR during the forecast
period. The demand for military simulators is
primarily driven by their use in armed forces
training and mission training. Rising demand for
commercial pilots tends to drive the commercial
simulator market. Sample pages of the Report
http//www.marketsandmarkets.com/requestsample.
asp?id22246197 The unmanned aircraft segment
is expected to grow at the highest pace during
the forecast period The unmanned aircraft segment
of the global flight simulator market, by type of
flight, is expected to grow at the highest CAGR
during the forecast period. It is expected to
dominate the market on account of the growing
prominence of unmanned aerial systems (UAS) in
defense as well as the commercial sector.
3
The aviation industry in the Asia-Pacific region
has been witnessing strong growth over the past
few years. This growth, which is mainly driven by
increasing demand for new aircraft deliveries and
increasing air traffic in this region, is
expected to boost the global flight simulator
market. The aviation industrys growth can also
be attributed to the increase in trade tourism,
as well as increasing disposable income of the
middle class population in emerging economies,
such as India and China. Report Information
http//www.marketsandmarkets.com/Market-Reports/
flight-simulator-market-22246197.html Key
players in the global flight simulator market
include CAE Inc. (Canada), L-3 Communications
Holdings, Inc. (U.S.), FlightSafety International
Inc. (U.S.), Thales Group (France), The Boeing
Company (U.S.), and Rockwell Collins, Inc.
(U.S.), among others.
4
About MarketsandMarkets MarketsandMarkets is a
global market research and consulting company
based in the U.S. We publish strategically
analyzed market research reports and serve as a
business intelligence partner to Fortune 500
companies across the world. MarketsandMarkets
also provides multi-client reports, company
profiles, databases, and custom research
services. MM covers thirteen industry verticals,
including advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT.
5
Contact Us
ContactMr. RohanMarkets and Markets UNIT no
802, Tower no. 7, SEZMagarpatta city,
HadapsarPune, Maharashtra 411013,
India1-888-600-6441Email sales_at_marketsandmarket
s.com