Global Drone Simulator Industry

Global Drone Simulator Industry

  • April 2021 •
  • 139 pages •
  • Report ID: 5798420 •
  • Format: PDF
Abstract:
- Global Drone Simulator Market to Reach $1.3 Billion by 2027
- Amid the COVID-19 crisis, the global market for Drone Simulator estimated at US$488.8 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at aCAGR of 14.6% over the period 2020-2027. Commercial, one of the segments analyzed in the report, is projected to record 13.2% CAGR and reach US$340 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Military segment is readjusted to a revised 15.1% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $144.4 Million, While China is Forecast to Grow at 14.1% CAGR
- The Drone Simulator market in the U.S. is estimated at US$144.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$222.1 Million by the year 2027 trailing a CAGR of 14.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13% and 12.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.

- Select Competitors (Total 43 Featured) -
  • Aegis Technologies Group
  • CAE, Inc.
  • General Atomics Aeronautical Systems, Inc.
  • HAVELSAN A.S.
  • Israel Aerospace Industries (IAI)
  • L3 Link Simulation & Training
  • Leonardo SpA
  • Silkan
  • Simlat Ltd.
  • Singapore Technologies Electronics Ltd.
  • Zen Technologies Ltd.