LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global civil aerospace simulation and training market report until 2021. This research report also lists five other prominent vendors that are expected to impact the market during the forecast period.
The research study by Technavio on the global civil aerospace simulation and training market for 2017-2021 provides a detailed industry analysis based on aircraft type (fixed-wing aircraft and rotary-wing aircraft) and geography (EMEA, the Americas, and APAC).
“A civil flight simulator recreates the aircraft flight environment and various aspects of flight artificially for pilot training purposes on civil and military aircraft. The global civil aerospace simulation and training market size is projected to grow to USD 3.7 billion by 2021, at a CAGR of close to 5% over the forecast period,” says Avimanyu Basu, a lead analyst at Technavio for aerospace research.
Competitive vendor landscape
The global civil aerospace simulation and training market is a well-established and mature market with suppliers who have dominated the simulator industry from decades. A majority of these players are multinational and often offer customized products for specific aircraft models. The market is continuously evolving, highly capital intensive, and technologically inclined, where vendors need to introduce newer technologies and training models to keep up with new lines of new age aircraft. The rising global air passenger density is expected to have a significant impact on the growth of the market.
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Top five vendors in the global civil aerospace simulation and training market
CAE’s diversified business ranges from sale and aftersales services of simulation products to providing other services such as training and aviation services, in-service support, integrated enterprise solutions, and crew sourcing. The company has nearly 70 years of experience in offering innovative training solutions, underpinned by simulators.
FlightSafety International has expertized in providing advanced training programs and new technology simulators for the current and next-generation aircraft. The company has over 1,800 qualified and experienced instructors and provides more than 4,000 individual courses for 135 types of aircraft, using more than 300 simulators.
L-3 Link Simulation & Training
L-3 Link Simulation & Training provides simulation systems, training services, and aircraft contractor logistics support. The company offers products and services across three categories: commercial training solutions, civil aviation, military. It has established its presence in the aerospace services industry with its range of offerings such as civil aviation solutions including integrated solutions, equipment solutions, and airfield training solutions.
Rockwell Collins offers products and services across different sectors: commercial aviation, business aviation, defense and government, and airports, rail, and civil infrastructure. Rockwell Collins also designs, manufactures, and sells electronic communications, aviation systems, and avionics for aerospace and defense industries across the globe.
Thales provides solutions primarily to the aerospace and defense industries globally. Thales is involved in the production and development of aerospace products, solutions, and commercialization. Also, the company provides security equipment for the defense and aerospace market, offers modernization and upgrading services, as well as retrofit services, repair, maintenance, and upgrading of aircraft parts.
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Technavio is leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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