DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Civil Aerospace Simulation and Training Market 2017-2021" report to their offering.
The global civil aerospace simulation and training market to grow at a CAGR of 4.51% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global civil aerospace simulation and training market for 2017-2021. To calculate the market size, the report considers the revenue generated from the money spent by each of the three regions (Americas; Europe, the Middle East, and Africa [EMEA]; and Asia-Pacific [APAC]) into manufacturing and acquiring these FFSs and FSTDs. The report also includes a discussion of the Key vendors operating in this market.
A civil flight simulator recreates the aircraft flight environment and various aspects of flight artificially for pilot training purposes on civil and military aircraft. There are two types of training: initial training for new pilots and recurrent training for existing pilots. Flight simulators cover simulation in the aircraft, environment, and cueing.
One trend in the market is the Monopoly through M&A despite multiple stakeholders. A considerable monopoly exists in the market, making the market leaders dictate the terms and set the trend for tier 1 customers. Stakeholders, such as CAE, have become even more dominant in the global civil aerospace simulation and training market after the acquisition of LMCFT, which was previously the Netherlands-based Sim-Industries.
However, competitors, such as FlightSafety International, tend to focus on innovation directed toward cost-effectiveness to boost their market share. This is due to the capability of several simulator manufacturers to deliver high-performance FFS but falling short with respect to the economic viability. TRU Simulation + Training, a Textron company, also ventured into the market by acquiring assets from Opinicus and Mechtronix.
- FlightSafety International
- L-3 Link Simulation & Training
- St. Jude Medical
- Rockwell Collins
Other prominent vendors
- ECA GROUP
- FRASCA International
- Lockheed Martin
SIMCOM Aviation Training
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by aircraft type
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/txdbs9/global_civil