Global UAV Flight Training and Simulation Market Research Report: Information by UAV Type (HALE UAV, MALE UAV, and SUAV), Application (Civil & Commercial, Defense & Military, and Homeland Security), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)—Forecast till 2027
New York, United States of America - February 17, 2022 /MarketersMedia/ —
Competitive Dynamics
The key players in the global UAV flight training and simulation market are CAE (Canada), Israel Aerospace Industries (Israel), L-3 Link Simulation and Training (US), Selex (US), Simlat (Israel), BAE Systems (UK), Northrop Grumman Corporation (US), Textron Systems (US), Thales Training & Simulation (Norway), General Atomics (US), Zen Technologies Limited (India), and Crew Training International Inc. (US).
Market Overview
Flight training and simulation for unmanned aerial vehicles (UAVs) can be defined as an imitation of the operation of a real-world system or process involved with UAV flight training. It also includes professional training services for obtaining certifications via simulator use. These technologies enable pilots to train in a simulated environment, acquiring the necessary skillsets and gaining hands-on experience for real-world circumstances without incurring the risks involved with actual flights.
Market Dynamics
UAVs have seen significant adoption in recent years for a variety of purposes, including maritime surveillance, oil and gas inspection, power plant surveying, and military missions. This is anticipated to fuel the UAV flight training and simulation market's expansion over the forecast period. The global UAV flight training and simulation market is driven by rising demand for virtual simulation solutions, development in the commercial drone sector, and expanded application areas for drones.
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The expanding need for virtual flight environments for commercial and military uses, as well as the growing requirement for cost-effective pilot training, are likely to propel the Flight Simulator market forward over the forecast period. Similarly, increased spending in the aerospace training sector creates opportunity for the flight simulator business.
However, the market's growth is hampered by rising usage of automated UAVs, a lack of understanding among end users, and a limited forward field of view. A favorable regulatory environment presents a significant opportunity for business expansion.
Segmental Analysis
The market has been categorized by type into HALE UAV, MALE UAV, and SUAV. The HALE UAV segment obtained the greatest market share in 2018 and is predicted to grow at the fastest rate between 2019 and 2025. HALE UAVs have a number of advantages, including long mission endurance and rapid speed.
The market has been segmented by application into civil & commercial, defense & military, and homeland security. In 2018, the defense & military segment held the greatest market share. However, during the projected period, the civil & commercial segment is expected to increase at the fastest CAGR. The industry is growing as a result of factors such as increased drone manufacturing and increased usage of delivery drones.
Regional Overview
The market has been split geographically into North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America.
North America is expected to gain the largest market share in 2018. This percentage is due to the increasing use of UAVs in defense and military applications. Additionally, the growing emphasis on UAV testing by US-based enterprises for commercial uses such as commercial goods delivery, blood supply, medical supplies, and food delivery. Additionally, the presence of many important competitors in the market, such as L3Harris Technologies Inc., Northrop Grumman Corporation, and Textron Systems Corporation, among others, contributes to the industry's growth in North America.
Europe ranked second in terms of market share in 2019 due to the presence of numerous significant competitors in the industry, including BAE Systems plc, Leonardo S.p.A., and Thales Group. The remainder of the world will experience moderate market growth due to the increased presence of enterprises engaged in UAV flying training and simulation.
However, Asia-Pacific is predicted to develop at the fastest CAGR between 2019 and 2028. Local UAV producers and rising military spending are boosting the region's market growth.
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Report Overview
The Military Surveillance Drone Market Research Report summary is as follows-
Market Overview
COVID 19 Analysis
Market Dynamics
Segment Overview
Regional Analysis
Competitive Landscape
Recent Developments
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