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Drone Flight Simulators Market

Drone Flight Simulators Market by component (hardware, Software), by technology (augmented reality, virtual reality), by simulator type (fixed system, portable system), by drone type (fixed wing, rotary wing), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/A&D/1654 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Drone Flight Simulators Market Size was valued at USD 706.93 million in 2021 and US$ 815.09 million in 2022, expected to reach USD 1915.05 million by 2028, and grow at a CAGR of  15.3% over the forecast period 2022-2028.

Drone simulations are designed to create a simulation of real-world system operation or process associated with drone flight training. It is a program that allows drone pilots to train on a computer without the risk and cost of damaging the real model. Technological advances in the drone charging system and the growing power of drone technology will require more advanced simulation programs. Significant investments have been made in the development of artificial intelligence, which could lead to rapid market growth during forecasting. However, an important obstacle to the growth of the drone simulator market is the complexity of the cost of producing and maintaining drone simulator systems. More recently, drones have been widely used in the aviation, construction, mining, oil and gas, communications and transportation sectors. The use of drones is driven by its advantages over its regular counterparts for manual testing. With the rapid development of technology, drones can detect boundary erosion and deformity of the wind turbine blade and can detect lightning turbine blade light receptors, towers, and nacelles. Also, drones can detect leaks, rust, and other problems in oil and gas pipelines.

Drone Flight Simulators Market Revenue Graph

MARKET DYNAMICS:

KEY DRIVERS:

  • Rising R&D in military simulation

  • Military and commercial application drone requirement

RESTRAINTS:

 

OPPORTUNITIES:

  • Demand for trained pilots

  • Rising defense expenditures

CHALLENGES:

THE IMPACT OF COVID-19

The outbreak of COVID-19 severely disrupted a series of supply and production of electronic devices, including the hardware component of a drone device. The outbreak of global violence, followed by the closure situation, has led industry experts to speculate that the industry will face at least a quarter of the lag in the supply chain. The outbreak of COVID-19 has led governments to impose a number of restrictions on industrial, commercial, and social activities worldwide in order to control the spread of disease. Therefore, drone manufacturers and Drone MRO service providers have seen significant losses during this epidemic. The production volume of the drone manufacturer is significantly reduced, thus preventing the adoption rate of various simulation solutions. This disruption is expected to cause an earthquake by the end of 2021. The equipment and aerospace and defense industries are likely to grow rapidly soon after governments around the world gradually introduce various security measures to revive the economy. Plant and manufacturing industries are expected to grow from 2022, which could have a positive impact on the demand for drone equipment, including hardware parts for drone equipment.

Governments around the world are cutting back on military spending as a result of declining financial resources due to the COVID-19 outbreak. International military services reduce the cost of training and reduce their military base. As a result, the military's attention has shifted to finding less expensive and effective remedies for its needs. Real-time training is time-consuming and expensive. Also, it requires a large amount of immature resources, such as fuel and explosives, and contains a high level of risk. As a result, military departments are increasingly turning to virtual training and simulation-based games that make use of technologies like big data, AI, and cloud computing. Military simulation and virtual training are becoming increasingly popular among the military around the world because they are based on trade-offs (COTS), and help reduce training costs. Characters are made with a small amount of development. Conditions are essential for soldiers to be more proactive in modeling-based training technologies.

Drone simulation is currently being used to train future soldiers and represents real-time status using real digital settings. Therefore, the increase in cost in simulation software drives the growth of the drone simulator market. The drone simulator industry has been divided into two segments based on device type: augmented reality and virtual reality. During the projection period, the augmented reality segment is expected to develop at the fastest CAGR. This expected high increase is owing to the increasing adoption of augmented reality drone simulators in military applications, which provide pilots with a more realistic training experience by utilizing the actual world environment.

MARKET KEY PLAYER

SIMLAT UAS SIMULATION, SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED, L3Harris Technologies, Inc., General Atomics, BLUEHALO, Quantum3D,Israel Aerospace Industries Ltd., Leonardo S.p.A., HAVELSAN A.S., CAE Inc, and Other Players.

KEY MARKET SEGMENTATION:

by Vomponent:

  • hardware

  • software

by Technology:

  • augmented reality

  • virtual reality

by Simulator Type:

  • fixed system

  • portable system

by Drone Type:

  • fixed wing

  • rotary wing

Drone Flight Simulators Market Segment Chart

REGIONAL ANALYSIS:

Because of the high adoption rate of drone simulators in the United States and Canada, North America was the largest regional market. Due to the increasing use of drone simulators for gaming applications, the European market is likely to be the second-largest throughout the projection period. Because of favourable government policies that encourage innovation and develop infrastructure capacities, North America has the highest rate of adoption of sophisticated technology. As a result, any factor impacting the performance of the region's industries impedes its economic progress. Due to the COVID-19 outbreak, the United States is currently the world's worst-affected country, prompting governments to put a number of restrictions on industrial, commercial, and public activities in order to stem the spread of infection. As a result, during the epidemic, drone manufacturers and drone MRO service providers have suffered huge losses. The manufacturing volume of drone manufacturers has substantially fallen, stifling the adoption rate of various simulation solutions. The governments of the United States and Canada, on the other hand, have maintained their defence spending levels.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Drone Flight Simulators Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 706.93 Million
Market Size by 2028 US$ 1915.05 Million
CAGR CAGR of 15.3% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By component (hardware, Software
• By technology (augmented reality, virtual reality)
• By simulator type (fixed system, portable system)
• By drone type (fixed wing, rotary wing)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles SIMLAT UAS SIMULATION, SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED, L3Harris Technologies, Inc., General Atomics, BLUEHALO, Quantum3D,Israel Aerospace Industries Ltd., Leonardo S.p.A., HAVELSAN A.S., CAE Inc, and Other Players.
DRIVERS • Rising R&D in military simulation
• Military and commercial application drone requirement
OPPORTUNITIES • Demand for trained pilots
• Rising defense expenditures


Frequently Asked Questions (FAQ) :


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.Global Drone Flight Simulators Market, by component:

8.1 hardware

8.2 software

 

9.Global Drone Flight Simulators Market, by technology:

9.1 augmented reality

9.2 virtual reality

 

10.Global Drone Flight Simulators Market, by simulator type:

10.1 fixed system

10.2 portable system

 

11.Global Drone Flight Simulators Market, by drone type:

11.1 fixed wing

11.2 rotary wing

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

13.Company Profiles

13.1 Singapore Technologies Electronics Limited

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 BLUEHALO

13.3 Quantum3D

13.4 L3Harris Technologies, Inc.

13.5 Leonardo S.p.A.

13.6 HAVELSAN A.S.

13.7 CAE Inc.

13.8 General Atomics

13.9 Israel Aerospace Industries Ltd.

13.10 Simlat Uas Simulation

 

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share analysis

14.3 Recent Developments

 

15. Conclusion

 

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Secondary Research

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