Automotive Market Research Reports

  The global flight simulator market size was valued at   USD 5.18 billion in 2022   and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030. The benefits offered by flight simulator devices include mission-critical training programs that ensure effective aircraft operation, low operational costs, and visual systems. These benefits offer near real-world experience and are anticipated to create new growth avenues for market growth over the next few years. Rising demand for better and more effective pilot training is anticipated to catapult growth. The growing importance of aircraft safety and the need for substantial training is anticipated to spur demand over the forecast period. The need for flight handling and safety operations, such as situational awareness and skill competency, promotes industry growth. The industry is witnessing unprecedented R&D efforts in aerospace technology and technological advancements, resulting in the d...

  The global   flight simulator market   size is expected to reach   USD 7.19 billion by 2030 , expanding at a CAGR of 4.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing adoption of Full Flight Simulator (FFS) owing to high fidelity and reliability is expected to provide adequate growth prospects over the coming years. Customers also opt for fixed Flight Training Devices (FTDs) on account of their low operational costs, modular approach, real-time aerodynamic aviation model, and remote configuration and management. The industry is expected to witness moderate growth over the forecast period owing to the aforementioned factors.   The market is poised for growth owing to advances in aircraft simulation technology which is expected to change the pilot training.The need to effectively replicate real flying training with the usage of motion and visual systems has resulted in the introduction of sophisticated simulators in the fl...