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Civil Aviation Flight Training and Simulation Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Civil

The “Civil Aviation Flight Training and Simulation Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Civil Aviation Flight Training and Simulation market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Civil Aviation Flight Training and Simulation market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The civil aviation flight training and simulation market is anticipated to reach USD 5,983.96 million by 2024, while recording a CAGR of 3.69% during the forecast period. The growth of the civil aviation flight training and simulation market goes hand-in-hand with the global aviation market.
  • The need for new aircraft, along with the need for trained pilots in the aviation industry, to cater to the increasing passenger traffic around the world, is a major reason for the growth of the market studied.
  • The limitations of simulations, along with the high costs involved with the flight simulations, are expected to hamper the market growth during the forecast per

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    In Civil Aviation Flight Training and Simulation Market Report, Following Companies Are Covered:

  • L3 Technologies Inc.
  • Collins Aerospace
  • Multi Pilot Simulations
  • ELITE Simulation Solutions AG
  • CAE Inc.
  • The Boeing Company
  • ALSIM Flight Training Solutions
  • FlightSafety International (Berkshire Hathaway Inc.)
  • FRASCA International Inc.
  • Thales SA
  • FLYIT Simulators
  • TRU Simulation + Training Inc. (Textron Inc.)

    Civil Aviation Flight Training and Simulation Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • Flight simulators artificially recreate the environment for pilot training purposes. They not only deliver the knowledge of flying, but also provide the pilot an experience of reacting under emergency situations. Aircraft flight simulators expose commercial aircraft pilots to real-time situations, such as bad weather, loss of electronics, incidents, like tire blowouts on landing, and hydraulic failures.

    Reasons for Buying Civil Aviation Flight Training and Simulation Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Segment Trends

    By aircraft type, the market is segmented into a fixed wing and rotary wing. The fixed wing segment had the largest market share in 2018, and it is expected to dominate the market throughout the forecast period. According to IATA, over the next decade, passenger trips are expected to grow by 4.2% annually. Increasing air passenger traffic has forced airlines to expand their fleet size, which has increased the procurement of new aircraft. Moreover, rising concern over aviation emission has also shifted the focus toward new aircraft models that are fuel-efficient. Some of the new commercial aircraft models introduced since 2012 are, A350XWB, A320neo, A220, and Embraer E2 family jets. The introduction of the new aircraft model generates the need for pilots trained on that particular aircraft, which, in turn, generates the demand for new fixed wing simulators. Due to the introduction of such new aircraft, along with the requirement of trained pilots by commercial airlines, this segment of the market is expected to grow steadily over the forecast period.

    Geography Trends

    The Asia-Pacific region of the market had the largest market share in 2018, and it is expected to reach the highest CAGR during the forecast period. This region is witnessing tremendous growth in passenger traffic over years. According to IATA, China is expected to replace the United States as the world’s largest aviation market by 2024, while India is anticipated to displace the United Kingdom for third place by 2025. Although the region is witnessing an impressive growth, in terms of the aviation industry, the number of pilots catering to the growing demand of the aviation industry is not enough. To fill the gap between the aviation industry’s required personnel and pilots, various flight simulators and crew training services and equipment are being procured by countries to better equip pilots and crew with the necessary skills required to fly and operate an aircraft.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Civil Aviation Flight Training and Simulation create from those of established entities?

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    Detailed TOC of Civil Aviation Flight Training and Simulation Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Buyers/Consumers
    4.4.2 Bargaining Power of Suppliers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Simulator Type
    5.1.1 Full Flight Simulator (FFS)
    5.1.2 Flight Training Devices (FTD)
    5.1.3 Fixed Base Simulator (FBS)
    5.2 Aircraft Type
    5.2.1 Rotary Wing
    5.2.2 Fixed Wing
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.1.4 Rest of North America
    5.3.2 Europe
    5.3.2.1 United Kingdom
    5.3.2.2 France
    5.3.2.3 Germany
    5.3.2.4 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 India
    5.3.3.2 China
    5.3.3.3 Japan
    5.3.3.4 Rest of Asia-Pacific
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Qatar
    5.3.5.2 United Arab Emirates
    5.3.5.3 South Africa
    5.3.5.4 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Vendor Market Share
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 L3 Technologies Inc.
    6.4.2 Collins Aerospace
    6.4.3 Multi Pilot Simulations
    6.4.4 ELITE Simulation Solutions AG
    6.4.5 CAE Inc.
    6.4.6 The Boeing Company
    6.4.7 ALSIM Flight Training Solutions
    6.4.8 FlightSafety International (Berkshire Hathaway Inc.)
    6.4.9 FRASCA International Inc.
    6.4.10 Thales SA
    6.4.11 FLYIT Simulators
    6.4.12 TRU Simulation + Training Inc. (Textron Inc.)

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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