According to IMARC Group’s latest report, titled “Helicopter Simulator Market: Global Industry Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global helicopter simulator market size reached US$ 6.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.4 Billion by 2027, exhibiting a growth rate (CAGR) of 5.87% during 2022-2027.
A helicopter simulator is a virtual reality (VR) system that can simulate the environment for a pilot. These approaches are essentially used for pilot training or gaming/ recreation but can also be employed to research control handling characteristics, aircraft attributes, and the design and development of aircraft. It involves recreating sounds, flight movements, controls, images, and the effect of environmental factors, such as wind shear, air density, precipitation, cloud, and turbulence. The panel includes various pilot-training systems with duplicate cockpit instruments for providing real-life experience and modeling mission-critical training programs to the pilot. As a result, it is witnessing huge demand across the commercial and military aviation sectors.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The escalating awareness among the government and private organizations regarding the safety of pilots and passengers represents one of the primary factors accelerating the market growth. In addition, the rising cases of cross-border and geopolitical tension and the increasing expenditure in the defense sector are providing a considerable thrust to the market growth. Moreover, key market players are integrating simulator devices with artificial intelligence (AI), VR, and the Internet of Things (IoT), which, in turn, is boosting the market growth. Besides this, the rising use of simulators for investigating air accidents and the rapid expansion of the aviation industry are creating a positive outlook for the market.
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Competitive Landscape:
- Airbus SE
- CAE Inc.
- Collins Aerospace
- Raytheon Technologies Corporation
- FlightSafety International
- Berkshire Hathaway Inc.
- FRASCA International Inc.
- Indra Sistemas SA
- L3Harris Technologies Inc.
- Rheinmetall AG
- Ryan Aerospace
- Saab AB
- Textron Inc
- Thales Group.
Breakup by Solution:
- Product
- Services
Breakup by Technique:
- Live, Virtual and Constructive Simulator
- Synthetic Environment Simulator
Breakup by Application:
- Commercial Training
- Military Training
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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