The flight simulator market comprises hardware, software, and services related to training and upgradation. Flight simulators offer a simulated environment that recreates the environment of an aircraft in operation. They eliminate the risk to life or property when pilots are being trained. The flight simulator market size is projected to grow from USD 7.4 billion in 2022 to USD 10.3 billion by 2027, at a CAGR of 6.9 % from 2022 to 2027.
Contracts, partnerships, new product & service launches, mergers and acquisitions are among the key strategies the leading market players adopt to strengthen and sustain their position in the flight simulator market. In July 2022, Aircalin (New Caledonia) secured a contract with Airbus Asia Training Centre (AATC) to provide flight crew training for its A320 and A330 pilots. Under the terms of the agreement, up to 35 Aircalin pilots might receive recurrent training on both aircraft types to keep their abilities and skills sharp.
Major Flight Simulator Services Companies Include:
These key players offer Simulators across different industries. They have well-equipped and strong distribution networks across the North American, European, Asia Pacific, Middle East, and Rest of the World regions.
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CAE INC.
CAE Inc. (CAE) is a world leader in simulation and training equipment and services. CAE has a diversified business, with development and manufacturing capabilities in simulation products and comprehensive services, such as in-service support & crew sourcing, integrated enterprise solutions, training, and aviation services to enable customers to enhance safety and efficiency in pilot training. The company operates in the Americas, Europe, the Middle East & Africa, Asia Pacific, Japan, and China.
THALES SA
Thales SA designs technological solutions and delivers services through four business segments: Aerospace, Transport, Defense & Security, and Digital Identity & Security. The Aerospace segment includes developing onboard systems, solutions, and services for commercial airline and defense customers. The Transport segment develops ground transportation systems for civil customers. The Defense & Security segment offers secure communication and information systems, land and air systems, and defense mission systems for armed and security forces.
Thales SA provides training and simulation through the flight avionics division. The company offers a wide range of training and simulation products to train commercial and military aircraft pilots and crew, military ground drivers, and crew and military naval commanders. It offers simulators and training services to military forces. It has manufacturing sites, training centers, and offices in 56 countries across the globe.
FLIGHTSAFETY INTERNATIONAL
FlightSafety International is involved in developing and designing flight simulators and visual systems and displays and offering pilot training services to the general aviation, commercial airline, corporate, and military markets. The company employs more than 1,800 flight instructors with operations across the globe. FlightSafety International has 11 learning centers in the US, Australia, Brazil, Canada, China, France, Japan, the Netherlands, Norway, South Africa, and the UK.
Pilot training, unmanned systems training, advanced training programs, flight simulation training systems, vital visual systems, and matrix integrated learning are among the specialties provided by the company.
Related Reports:
Flight Simulator Market by Platform (Commercial, Military, UAVs), Type (Full Flight, Flight Training Device, Full Mission, Fixed based), Method (Virtual, Synthetic), Solution (Products, Services) and Region - Global Forecast to 2027
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