Rise in passenger air travel is anticipated to spur flight simulators demand

By 2024 the global Flight Simulator Market is expected to reach $5.62 billion. Training programs that are critical mission based offer improved operation of aircraft, visual systems and helps in cutting down operational costs to offer experience of real world, act as major benefits of the system and are expected to open up newer market spaces over few years from now. The rightful importance that aircraft safety is experiencing is also one of the reasons for need of training to boost-up over 8 years.

Flight handling and other processes such as skill adaptability and awareness of situation may also be the reason for the growth of the industry. Also the increase in demand for effective and improvised training of pilots may become decisive. Research and development along with technological improvements are on all-time high in this industry leading to far better simulation products.

Improved products now come in packed with higher efficiency and greater ability to save fuel costs. Ever-modifying technology in this sector has resulted in the advancements of motion and visual systems for better smoothness which also is expected to drive the demand for simulators over the forecasted period.

Higher initial investments related to manufacturing and also the maintenance costs are the factors that can hinder the growth of this industry. Negative impact can also be faced due to physical environment limitation and behavioural fidelity. However in spite of all these factors, rising prices of pilot training costs, need to save the maintenance costs and ever-changing fuel costs will impact positively in growth. Recent developments in the field such as ECAM displays and aircraft logic which is realistic have significantly led to increase in usage of flight simulators.

FFS expected to witness substantial growth over the next eight years

The two major segments of the industry are fixed flight training devices (FTDs) and full flight simulator (FFS) which accounts for 85% of the total revenue in 2015. High technical flight simulators that offer reliability and higher fidelity characterise the FFS. Accurate simulation is achieved by FFS in the environment that it works. Realistic training experience is created by FFS devices creating sound, motion and other visuals along with all other flight operations.

FTDs have limited visual display. The sole purpose of these devices is to impart the knowledge of indicators and switches on the console. Low cost both for operations and purchasing is the only reason these devices find their way in the market.

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FFS expected to witness substantial growth over the next eight years

30% of the total revenue in 2015 came from the segment of application which comprises of military and defence which is also expected to rise over forecast period. Simulators are used in war-intensive training by the military and defence.

Application in Civil aviation is expected to grow at CAGR of more than 4.0% over the 8 years due to increased adoption of flight simulators regular competency and training of the crew checking in order to retain the licenses of the crew.

Asia Pacific emerged as the fastest growing in 2015

25% of the total revenue in 2015 came from the region of North America and is also expected to rise due to significant growth caused by advancements in technology which has increased the adoption rate of the technology by the manufacturers. Also the strict regulations enforced by Federal Aviation Administration (FAA) which emphasise on use of simulators for training may boost the growth rate regionally.

High growth over the forecast period is anticipated from the region of Asia Pacific due to ever increasing demands of the devices in the nations particularly such as India and China. Entry of Chinese manufacturers in 2015 may also add up to the growth rate. On the contrary, North America will face a slower growth over the period 2016-2024, due to changes in the air safety policies along with more strict standards by FAA in the US.

CAE accounted for more than 40% of the global market

Lockheed Martin, CAE, Alenia Aeronautica, Boieng, Cassidian, HAVELSAN, Kratos Defense, HAVELSAN, L-3 Link Simulation and Training and Rockwell Collins are the major companies offering this product. Manufacturers prefer contracting the subcontractors and suppliers with prices and quantities and delivery timeframes for longer durations. Mergers and acquisitions are undertaken as a part of strategy by firms to make an impact with their presence.

Key manufacturers focus on tying-up with technology providers so that the product they offer is improved and the time for transit to market is reduced. Efforts are also being made by the suppliers to continuously improve Aircraft Simulation Technology (AST) so that a better product is offered.

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Market Segment:

Flight Simulator Product Outlook (Revenue, USD Million; Volume, Units; 2012 - 2024)
        • Full Flight Simulator (FFS)
        • Fixed Flight Training Devices (FTDs)

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"Rise in passenger air travel is anticipated to spur flight simulators demand"

By 2024 the global flight simulator market is expected to reach $5.62 billion. Training programs that are critical mission based offer improved operation of aircraft, visual systems and helps in cutting down operational costs to offer experience of real world, act as major benefits of the system and are expected to open up newer market spaces over few years from now. The rightful importance that aircraft safety is experiencing is also one of the reasons for need of training to boost-up over 8 years.

Flight handling and other processes such as skill adaptability and awareness of situation may also be the reason for the growth of the industry. Also the increase in demand for effective and improvised training of pilots may become decisive. Research and development along with technological improvements are on all-time high in this industry leading to far better simulation products.

Request a Free Sample Copy of Flight Simulator Market Report @ https://www.millioninsights.com/industry-reports/flight-simulator-market/request-sample

Improved products now come in packed with higher efficiency and greater ability to save fuel costs. Ever-modifying technology in this sector has resulted in the advancements of motion and visual systems for better smoothness which also is expected to drive the demand for simulators over the forecasted period.

Higher initial investments related to manufacturing and also the maintenance costs are the factors that can hinder the growth of this industry. Negative impact can also be faced due to physical environment limitation and behavioural fidelity. However in spite of all these factors, rising prices of pilot training costs, need to save the maintenance costs and ever-changing fuel costs will impact positively in growth. Recent developments in the field such as ECAM displays and aircraft logic which is realistic have significantly led to increase in usage of flight simulators.

"FFS expected to witness substantial growth over the next eight years"

The two major segments of the industry are fixed flight training devices (FTDs) and full flight simulator (FFS) which accounts for 85% of the total revenue in 2015. High technical flight simulators that offer reliability and higher fidelity characterise the FFS. Accurate simulation is achieved by FFS in the environment that it works. Realistic training experience is created by FFS devices creating sound, motion and other visuals along with all other flight operations.

FTDs have limited visual display. The sole purpose of these devices is to impart the knowledge of indicators and switches on the console. Low cost both for operations and purchasing is the only reason these devices find their way in the market.

"FFS expected to witness substantial growth over the next eight years"

30% of the total revenue in 2015 came from the segment of application which comprises of military and defence which is also expected to rise over forecast period. Simulators are used in war-intensive training by the military and defence.

Application in Civil aviation is expected to grow at CAGR of more than 4.0% over the 8 years due to increased adoption of flight simulators regular competency and training of the crew checking in order to retain the licenses of the crew.

Browse the Full Global Flight Simulator Market - Global Scenario, Industry Outlook, Analysis, Size, Trends and Forecast, 2012 To 2024 Report at - https://www.millioninsights.com/industry-reports/flight-simulator-market

"Asia Pacific emerged as the fastest growing in 2015"

25% of the total revenue in 2015 came from the region of North America and is also expected to rise due to significant growth caused by advancements in technology which has increased the adoption rate of the technology by the manufacturers. Also the strict regulations enforced by Federal Aviation Administration (FAA) which emphasise on use of simulators for training may boost the growth rate regionally.

High growth over the forecast period is anticipated from the region of Asia Pacific due to ever increasing demands of the devices in the nations particularly such as India and China. Entry of Chinese manufacturers in 2015 may also add up to the growth rate. On the contrary, North America will face a slower growth over the period 2016-2024, due to changes in the air safety policies along with more strict standards by FAA in the US.

"CAE accounted for more than 40% of the global market"

Lockheed Martin, CAE, Alenia Aeronautica, Boieng, Cassidian, HAVELSAN, Kratos Defense, HAVELSAN, L-3 Link Simulation and Training and Rockwell Collins are the major companies offering this product. Manufacturers prefer contracting the subcontractors and suppliers with prices and quantities and delivery timeframes for longer durations. Mergers and acquisitions are undertaken as a part of strategy by firms to make an impact with their presence.

Key manufacturers focus on tying-up with technology providers so that the product they offer is improved and the time for transit to market is reduced. Efforts are also being made by the suppliers to continuously improve Aircraft Simulation Technology (AST) so that a better product is offered.

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Market Segment:

Flight Simulator Product Outlook (Revenue, USD Million; Volume, Units; 2012 - 2024)
• Full Flight Simulator (FFS)
• Fixed Flight Training Devices (FTDs)

Flight Simulator Application Outlook (Revenue, USD Million; Volume, Units; 2012 - 2024)
• Military & defense
• Civil

Flight Simulator Service Outlook (Revenue, USD Million; 2012 - 2024)
• Maintenance & Repair Services

Flight Simulator Regional Outlook (Revenue, USD Million; Volume, Units; 2012 - 2024)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Middle East & Africa

The Global Flight Simulator Surgery Market size is presumed to expand at 11.6% CAGR during the forecast period (2017-2023) due to the rising expenditure on healthcare, asserts Market Research Future (MRFR).

Flight Simulator Surgery Market Competitive Dashboard

The noteworthy players operating the global Flight Simulator Surgery Market are Surgical (U.S.), Virtualincision (U.S.), Hansen Medical (U.S.), Interventional Systems (U.S.), Stryker (U.S.), TransEnterix (U.S.), Corindus Vascular Robots (U.S.), AVRA (U.S.), Titan Medical (Canada), Mazor Robotics (Israel), and others.

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Flight Simulator Surgery Market Overview

Robotic flight stimulator surgery can be referred to as the introduction of virtual reality fundamentals to the robotic-assisted surgery. Designed with several levels of difficulties in surgical procedures, this technology offers a multi-level curriculum. A robotic flight stimulator teaches and enables the surgeons with the required skills to perform robotic surgeries.

Flight Simulator Surgery Market Segmental Analysis

The Global Flight Simulator Surgery Market has been segmented on the basis of method, application, end-user, and region.

By mode of application, been segmented into cardiology surgery, general surgery, gynecology, neurosurgery, and others.

By mode of method, been segmented into computer control and direct telemanipulator.

By mode of end-user, been segmented into clinics, hospitals, ambulatory surgical centers, and others.

On the flip side, risk associated with robotic surgeries and high price of surgical robots are restraining the growth of the market during the assessment period. Moreover, the training required for robotic flight stimulator surgery can take away the time required to perform other surgeries which act as a major drawback.

27 March 2019, The global Flight Simulator Market is likely to witness rapid growth in the years to come owing to rising demand for new commercial and military pilots. Growing need for reducing the cost of pilot training can boost market growth. Virtual training is increasingly adopted as it ensures aviation safety and creates a realistic environment. Flight simulator enables the pilot or the flight squads to get comprehensive experience of flying the airplane in a more secured way. Moreover, the pilots get to practice in various complex situations that may not be accepted in the real environment.

High manufacturing cost of aircrafts and loss of human lives are the key driving factors in the market. Flight simulators need advanced engines, along with effective navigation and communication system. Any minor mistakes during training can give rise to human loss. These aircrafts help in avoiding mishaps during the training. Moreover, they offer high efficacy, and reduce fuel and manufacturing costs.

The market is witnessing high R&D investments in aerospace technology, along with technological advancements, in order to develop highly advanced simulators. Thus, increasing efforts to design advanced equipment and devices can have a positive impact on market growth. Additionally, advancements in computing technology have led to the development of better visual and motion systems for improved smoothness and fidelity. This can, in turn, support market growth in the years to come.

However, high cost involved in the making of flight simulator is considered to be one of the key challenges in the market.

The product is available in two different types, including fixed flight training devices (FTDs) and full flight simulator (FFS). Demand for FFS is high as it offers high fidelity and reliability. It accurately stimulates the aircraft and the environment. These systems create sound, motion, and visuals to create realistic training environment. For instance, Airbus introduced the new full flight simulator (FFS) in order to assist the staff training on the Airbus A330 Multirole Tanker Transport (MRTT). The device is developed by Airbus together with Indra, a prominent IT company in Spain. It is battle-proven and it joins the present devices for the A400M, CN235, and C295 programs. FTDs are training modules with limited visual display. These devices are preferred due to their real-time aerodynamic flight model, low cost, remote configuration and management, and modular approach.

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The military and defense sector is likely to hold the largest share in the market due to extensive use of simulators for providing mission rehearsals and training to the armed forces. Rise in government expenditure and growing security concerns in the military sector are expected to increase the product demand. The commercial sector is expected to observe significant growth on account of rising demand for commercial pilots.

North America is expected to witness notable growth due to early adoption of the technology. Additionally, strict guidelines imposed by the Federal Aviation Administration (FAA) and Federal Aviation Regulations (FARs) regarding use of simulators for training purpose are expected to boost regional growth.

Asia Pacific is likely to exhibit momentous growth in the coming years owing to growing demand for new airplane deliveries and rising air traffic. Growth of the aviation sector in the region can boost regional growth, which could be attributed to rise in trade and tourism. Emerging economies, such as India and China, are the key contributors to the growth. Improving economic condition and presence of middle-class population in these countries are also expected to boost regional market growth in the years to come.

Some of the leading companies operating in the flight simulator market are ZedaSoft, Inc.; Kratos Defense and Security Solutions; Rockwell Collins; L-3 Link Simulation and Training; and Meggitt Training Systems. Players are collaborating with technology providers in order to improve product range and reduce time-to-market. In addition, they are focusing on enhancing the Aircraft Simulation Technology (AST) to deliver superior product.

For instance, FlyInside Inc., a VR Aviation company, introduced a next generation Flight Simulator. It comprises latest VR support, ten high-quality stock aircraft, a 64-bit engine designed for modern GPUs and multi-core systems, and a scenery system.

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