Global Drone Simulator Market Report 2022: Applications in Sports, Payload Training, Training for Licensing/Flying, & Military Gaming/Exercises Gaining Momentum - Forecast to 2027
Global Drone Simulator Market
Dublin, Oct. 19, 2022 (GLOBE NEWSWIRE) -- The "Drone Simulator Market by Application (Commercial, Military), Component (Software, Hardware), Device Type (Augmented Reality, Virtual Reality), Drone Type (Fixed Wing, Rotary Wing), System Type and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The Drone Simulator market size is projected to grow from USD 799 million in 2022 to USD 1,501 billion by 2027, at a CAGR of 13.4% from 2022 to 2027
Simulators can create different environments and situations that a drone pilot may face in the real world. The drone simulator market is expected to increase as the defense forces shift their training to simulation based on real-world training. This saves them much money, and the pilots can be trained in different situations.
The demand for drone simulators is expected to increase in commercial applications because of the growing demand for drones in photography, inspection, monitoring, and others. Using simulators for drone racing and gaming is also expected to drive the drone simulator market.
The military segment is projected to lead the application segment during the forecast period
The market based on applications is segmented into military and commercial. The military market is expected to stay dominant, owing to the low cost of drone simulators for training military pilots and operators, as opposed to live training with real drones.
The augmented reality segment is projected to grow at the highest CAGR during the forecast period
Based on the device type, the market is divided into two categories: augmented reality and virtual reality. The augmented reality category is expected to increase faster throughout the projection period. The rising implementation of augmented reality drone simulators in military applications, which gives a better training experience to pilots by utilizing the real-world environment, is driving the growth of this market.
North America is expected to account for the largest share in 2021
The North American region is one of the major markets for drone simulators. The drone simulator market in the North American region has been studied in US and Canada. Drones have been used in the US for military and defense applications for the past several years.
Currently, drones are used in various commercial and security applications, including media & entertainment, law enforcement, inspections, and surveys. Considering security and safety issues has led to increased demand for certified drone pilots in the region, increasing demand for drone simulators for training commercial drone pilots. Various government bodies regulate commercial drone pilot training programs.
Regulatory bodies, such as Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA), have set certain regulations for the use of commercial drones in different countries. The market for drone simulators in the North American region is expected to grow exponentially during the forecast period, owing to the increased demand for trained military and commercial drone pilots.
Competitivelandscape
Major players operating in the drone simulator market are CAE Inc. (Canada), Israel Aerospace Industries Ltd. (Israel), Leonardo S.p.A. (Italy), Zen Technologies Limited (India), Havelsan A.S. (Turkey), General Atomics Aeronautical Systems, Inc. (US), Simlat UAS & ISR Training Solutions (Israel), and ST Engineering (Singapore)
Premium Insights
Demand for Drone Simulators to Train Military Pilots to Drive Market
Commercial Segment Expected to Grow at Highest CAGR from 2022-2027
Hardware to be Largest Segment During Forecast Period
Fixed Wing to be Dominant Segment During Forecast Period
Virtual Reality Estimated to be Largest Segment During Forecast Period
Drone Simulator Market in India to Grow at Highest CAGR During Forecast Period
Market Dynamics
Drivers
Government Funding for Military Drones
Growing Prominence of Intensified Military Training
Adoption of Uavs in Civil and Commercial Applications
Full-Scale Conversion of Drones for War Simulation
Affordability of Simulator Training
Increased Capabilities of Drone Simulators
Restraints
Complexity of Drone Simulator Systems
Stringent Government Regulations and Lack of Air Traffic Management
Opportunities
Lack of Skilled and Trained Personnel
Improvements in Operational Regulatory Frameworks
Challenges
Fully Automated Drones
Trends/Disruptions Impacting Customer Business
Revenue Shift and New Revenue Pockets for Drone Simulator Market
Value Chain Analysis
Drone Simulator Market Ecosystem
Prominent Companies
Private and Small Enterprises
End-users
Use Case Analysis
Use Case: Drone Simulator for Agriculture
Use Case: Mission Trainer for Uavs
Industry Trends
Technology Trends
Advancements in Synthetic Training Systems
Innovations in Drones/Uavs
3D Simulation Provisions for Uav Training
Manned-Unmanned Teaming (Mum-T)
Fog Computing
Real-Time Operating System (Rtos)
Computer Vision
Advanced Algorithms and Analytics
Machine Learning-Powered Analytics
Drone Simulator Applications and Trends
Sports
Payload Training
Training for Licensing/Flying
Military Gaming/Exercises
Impact of Megatrends
Artificial Intelligence
Innovations and Patent Registrations
Key Players
Bluehalo
CAE Inc.
DJI
Dronobotics Aviation Developers Llp
Eduvance
General Atomics Aeronautical Systems, Inc. (Ga-Asi)
Havelsan A.S.
Immersion Rc
Indra Sistemas Sa
Israel Aerospace Industries
Leonardo S.P.A
Little Arms Studios
Simlat Uas & Isr Training Solutions
Squadrone System
ST Engineering
UAS Technologies Ltd.
UAV Navigation
Zen Technologies Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/vjp9a9
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