Global Drone Simulator Market Insights
The Global Drone Simulator Market Size was valued at USD 612.70 Million in 2021, and it is expected to reach a value of USD 1450.39 Million by 2028, at a CAGR of 13.10% over the forecast period (2022 - 2028).
Drone simulators are intended to simulate the operation of a real-world system or process related to drone flight training. It is a program that allows drone pilots to practice on a computer without running the risk of damaging a real model. Drone payload system advancements and the growing capabilities of drone technology would necessitate highly advanced simulation systems. Significant investments have been made in the development of artificial intelligence, which will result in the Drone Simulator Market expanding rapidly during the forecast period.
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Global Drone Simulator Market Segmental Analysis
The Global Drone Simulator Market is segmented on the basis of component, simulator type, drone type, technology and region. Based on component, the Drone Simulator Market is segmented into hardware and software. Based on simulator type, the Drone Simulator Market is segmented into fixed and portable. Based on drone type, the Drone Simulator Market is segmented into fixed wing and rotary wing. Based on technology, the Drone Simulator Market is segmented into augmented reality and virtual reality. Based on region, the global drone simulator market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by Component
Analysis by Drone Type
Global Drone Simulator Market Regional Insights
In 2021, North America led the drone simulator market because of the presence of several drone companies, manufacturers, and software companies in the United States and Canada. The United States Army is concentrating on extensive R&D and advancements in drone technology. During the forecast period, these factors are expected to fuel regional growth. Due to increased demand for unmanned systems in military, civil, and commercial applications in major EU economies, the market in Europe is expected to grow at a moderate CAGR. Due to rising military spending in various countries, the Asia Pacific market is expected to grow rapidly.
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Top Player’s Company Profiles
- CAE Inc. (Canada)
- L3 Harris Technology Inc. (US)
- Israel Aerospace Industries Ltd. (Israel)
- Textron Inc. (US)
- Northrop Grumman Corporation (US)
- Zen Technologies Ltd. (India)
- General Atomics Aeronautical Systems Inc. (U.S)
- SILKAN (France)
- Singapore Technologies Electronics Limited (Singapore)
- Leonardo S.P.A (Italy)
Recent Development
- In May 2022, CAE announced at the 2022 European Business Aviation Convention and Exhibition (EBACE2022) that the first CAE 7000XR Series Dassault Falcon 6X full-flight simulator (FFS) will be installed at its Burgess Hill training facility in the United Kingdom. CAE has created a unique pilot training program to assist the Dassault Falcon 6X's entry into service as the only training provider.
- In February 2022, Bell Textron Inc., a subsidiary of Textron Inc. announced the successful demonstration of a ground-based Detect and Avoid (DAA) flight by the Autonomous Pod Transport (APT), completing an extension for its NASA Systems Integration and Operationalization (SIO) project.
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