According to IMARC Group’s latest report, titled “Helicopter Simulator Market : Global Industry Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global market is expected to grow at a CAGR of around 5% during 2021-2026. Helicopter simulators are generally used during pilot-training programs, which are utilized to create artificial flight conditions. The visualization includes controls, sounds, images, helicopter movements, air density, turbulence and wind shear. As a result, they are widely used to familiarize training students with the external and internal situations and real-life experience related to helicopter operations.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The global market is primarily driven by significant growth in the aerospace industry. Along with this, the widespread adoption of helicopter simulators in the defense sector for medical evacuation (MEDEVAC), combat search and rescue (CSAR) and transportation of troops, goods and ammunitions is creating a positive outlook for the market. Additionally, continual technological advancements, such as the integration of artificial intelligence (AI), virtual reality (VR) and the Internet of Things (IoT) solutions with the helicopter simulators, are providing an impetus to the market growth. Other factors, including the increasing government investments in the aviation industry and extensive research and development (R&D) activities conducted by key players, are propelling the market growth further.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape:
- Airbus SE
- CAE Inc.
- Collins Aerospace
- Raytheon Technologies Corporation
- FlightSafety International
- Berkshire Hathaway Inc.
- FRASCA International Inc.
- Indra Sistemas SA
- L3Harris Technologies Inc.
- Rheinmetall AG
- Ryan Aerospace
- Saab AB
- Textron Inc
- Thales Group.
Breakup by Solution:
- Product
- Services
Breakup by Technique:
- Live, Virtual and Constructive Simulator
- Synthetic Environment Simulator
Breakup by Application:
- Commercial Training
- Military Training
Breakup by Region:
- )
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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