The global helicopter simulator market size is anticipated to reach USD 1.5 billion by 2027, expanding at a CAGR of 5.6%, according to a study conducted by Grand View Research, Inc. The growth of this market is attributed to the rising focus towards safety of pilots and passengers, and cost-effectiveness in training catering to high fuel prices and maintenance costs. Increasing need for advanced technology and features to precisely replicate ground and flying conditions for training is also expected the drive the growth of this market.
A
helicopter simulator offers several cockpit features along with motion and
visual systems within a helicopter shell for training. The device is equipped
with advanced features like acceleration onset cueing, collimation, low
latency, and Stewart platform. These features enable the device to recreate the
environmental conditions like air density, wind shear, and turbulence, which
assists the pilot to train under these conditions. This provides the pilot with
realistic hands-on experience of handling and operating the aircraft, thereby
resulting in increased adoption of the device.
Full
Mission Simulators (FMSs) are equipped with features to deliver weapons and
ammunition training to the aircrew, which results in the cost of training with
actual weapons. FMSs are also capable of creating battle scenarios, which
provides training in the detection and engagement of targets. Training on a
machine that can simulate real-life situations, results in saving around 45-55
percent cost per hour as compared to training on an actual helicopter.
Although, training on the machine is cost effective, the high initial cost of
the machine is expected to pose a challenge to the growth of this market.
The
military segment held the largest market share in 2019. This high share is
attributable to increasing use of the aircraft in military operations. Military
forces use machines that can simulate real-time situations for the pilots and
train them for possible situations and services like transportations of
troops, ammunition, and goods. The commercial segment is anticipated to
witness steady growth owing to increasing use of the aircraft in medical
emergency services and commercial flying. Rising demand for trained pilots for
mail services and business travelling is also expected to propel segment growth
in coming years.
Full Research Report On Helicopter Simulator Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/helicopter-simulator-market
Helicopter
Simulator Market Report Highlights
- High adoption
of full flight simulators is expected to drive the growth of this market
owing to the motion and visual effects offered
- Asia Pacific
is anticipated to witness a healthy CAGR of over 5.0% over the forecast
period owing to the increase in procurement of helicopters and training of
pilots for military and commercial purposes. Additionally, North America
dominates the current market with highest revenue share owing to the
presence of some major companies in the region
- The key
market players operating in the market are focused on forming mergers and
acquisitions. For instance, in March 2019, CAE Inc., announced the
acquisition of Bombardier’s Business Aircraft Training Business (BAT).
Through this acquisition, the company expects to expand its market reach
in the aviation training business, which includes medium and large cabin
business jets.
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Helicopter
Simulator Market Segmentation
Grand View Research has
segmented the global helicopter simulator market on the basis of product,
application, and region:
Helicopter
Simulator Product Outlook (Revenue, USD Million, 2016 - 2027)
- Full Flight Simulators
- Fixed Base Simulators
Helicopter Simulator
Application Outlook (Revenue, USD Million, 2016 - 2027)
- Military
- Commercial
Helicopter
Simulator Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
List of Key
players of Helicopter Simulator Market
- CAE Inc.
- ELITE Simulation Solutions
- FlightSafety International
- Frasca International, Inc.
- Indra Sistemas
- Thales Group
- Lockheed Martin Corp.
- Elbit Systems, Ltd.
- Computer Sciences Corp.
- Rockwell Collins
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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