Market Research Future

Helicopter Simulator Market Forecast for Next 5 Years of Various Segments Along with Detailed Analysis of the Industry Structure

Helicopter Simulator Market Research Report Information by Simulator Type (Live Simulator, Virtual Simulator) Component (Full Flight Simulators, Fixed Based, Classroom Trainers), Platform (Commercial, Military), and Region – Global Forecast till 2023

 

Pune, India -- (SBWIRE) -- 08/01/2018 -- Helicopter Simulator Market Highlights

Helicopter simulator is designed to train aspiring pilots for flying in the most extreme conditions. Additionally, there is an increasing demand for trained pilots in the civilian market segment.. The factors driving the growth of the helicopter simulator market include increased need for safety and cost-effectiveness in the aviation sector. However, there are some shortcomings in the helicopter simulation, such as high manufacturing cost, coupled with recurring operation and maintenance costs.

The market for helicopter simulator is estimated to witness 5% CAGR during the forecast period 2016-2023.

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The increasing investments in helicopter simulators will offer new growth opportunities to the market players. The factors responsible for the growth of the helicopter simulator market are the increased need for safety and cost-effectiveness in the aviation sector. Other factors which favor the market are fluctuating fuel prices and minor maintenance & repair costs. There were a number of contracts that fueled the market growth. For instance, in 2016, FlightSafety International signed an agreement with Airbus to provide training to Helicopter EC145 operators. Similarly, in 2018, Thales signed an agreement with Senegalese Air Force to train pilots for tactical and collective missions with the help of expertise in simulation training. Airbus Helicopters, in 2014, demonstrated Japan's first Full Flight Simulator (FFS) for helicopters with this high-fidelity training system for service at its facilities located in the Kobe Airport vicinity.

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. The presence of major manufacturers in the North American region has bolstered their presence in the market. In Asia Pacific, increasing demand for helicopter simulation devices particularly in developing countries such as India, China, and Japan will be expected to boost their presence in the market.For instance, Airbus Helicopters, in 2014, demonstrated Japan's first full flight simulator (FFS) for helicopters with this high-fidelity training system. In 2016, FlightSafety International signed an agreement with Airbus to provide training to Helicopter EC145 operators. .

Key Players

The key players in the Helicopter Simulator Market are :

- CAE Inc. (Canada)
- FlightSafety International Inc. (U.S.)
- Thales Group (France)
- FRASCA International Inc (U.S.)
- TRU Simulation Training Inc. (U.S.)
- FLYIT Simulators Inc. (U.S.)
- Rockwell Collins (U.S.)
- ELITE Simulation Solutions (U.S.)
- AeroSim Experience (Canada)
- Ryan Aerospace (Australia)
- Redbird Flight Simulations Inc (U.S.)

The scope of the Report

This study provides an overview of the Helicopter Simulator Market, tracking four market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East & Africa and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Helicopter Simulator market by its simulator type, component, platform, and region.

By Simulator Type

- Live Simulator
- Virtual Simulator

By Component

- Full flight simulators
- Fixed based simulators
- Classroom trainers

By Platform

- Commercial
- Military

By Region

- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America

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