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Global Civil Aerospace Simulation and Training Market to Grow at a CAGR of 4.51% During the Period 2017 - 2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Civil Aerospace Simulation and Training Market 2017 - 2021” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 03/24/2017 -- Report forecast the global civil aerospace simulation and training market to grow at a CAGR of 4.51% during the period 2017-2021.

A civil flight simulator recreates the aircraft flight environment and various aspects of flight artificially for pilot training purposes on civil and military aircraft. There are two types of training: initial training for new pilots and recurrent training for existing pilots. Flight simulators cover simulation in the aircraft, environment, and cueing.

The report covers the present scenario and the growth prospects of the global civil aerospace simulation and training market for 2017-2021. To calculate the market size, the report considers the revenue generated from the money spent by each of the three regions (Americas; Europe, the Middle East, and Africa [EMEA]; and Asia-Pacific [APAC]) into manufacturing and acquiring these FFSs and FSTDs.

The market is divided into the following segments based on geography:
- EMEA
- Americas
- APAC

According to the report, one driver in the market is the growth in commercial aircraft deliveries and demand for pilots. The rising growth in global aircraft deliveries has led to an increased demand for pilots which, in turn, is driving the demand for flight simulators and training devices. This was reflected when Canada-based CAE acquired contracts for 53 FFS sales for FY2016, exhibiting a 29% increase than FY2015.

Further, the report states that one challenge in the market is the Simulation skills may not suffice in real life crisis. Most simulator training involves controlling the aircraft moderately close to the ground, within the vicinity of certain airports, during the time of approach, landing, and take-off as well as initial departure. Though upset recognition and recovery practices are being included in most training schedules, loss-of-control inconveniences, mostly at high altitude, remain a challenge. Control failures have often resulted in the loss of lives in transport category aircraft.

Global Civil Aerospace Simulation and Training Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Civil Aerospace Simulation and Training Market 2017-2021: CAE, FlightSafety International, L-3 Link Simulation & Training, Rockwell Collins, and Thales.

Other Prominent Vendors in the market are: Airbus, ECA GROUP, FRASCA International, Lockheed Martin, and SIMCOM Aviation Training.

Market driver
- Growth in commercial aircraft deliveries and demand for pilots
- For a full, detailed list, view our report

Market challenge
- Simulation skills may not suffice in real life crisis
- For a full, detailed list, view our report

Market trend
- Monopoly through M&A despite multiple stakeholders
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 66 pages and 32 Exhibits "Global Civil Aerospace Simulation and Training Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by aircraft type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-civil-aerospace-simulation-and-training-market-2017-2021

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