Market Scenario:

The increasing investments in helicopter simulators will offer new growth opportunities to the market players. The factors responsible for the growth of the helicopter simulator market are the increased need for safety and cost-effectiveness in the aviation sector. Other factors which favor the market are fluctuating fuel prices and minor maintenance & repair costs. There were a number of contracts that fueled the market growth.

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The national regulatory authorities in the aviation industry of major countries have made the use of simulators mandatory for novice pilots. As a result, higher investments are being made in the development of helicopter simulators, which would witness a rapid growth during the forecast period. However, significant restraints of the market growth include high manufacturing cost, coupled with on-going operation and maintenance costs. In addition, limited physical environment and behavioral fidelity associated with simulators may hamper the growth of the market.

Helicopter simulator is designed to train aspiring pilots for flying in the most extreme conditions. Additionally, there is an increasing demand for trained pilots in the civilian market segment.. The factors driving the growth of the helicopter simulator market include increased need for safety and cost-effectiveness in the aviation sector. However, there are some shortcomings in the helicopter simulation, such as high manufacturing cost, coupled with recurring operation and maintenance costs. The market for helicopter simulator is estimated to witness 5% CAGR during the forecast period.

Key Players:

The key players in the helicopter simulator market are CAE Inc. (Canada), FlightSafety International Inc. (U.S.), Thales Group (France), FRASCA International Inc (U.S.), TRU Simulation + Training Inc. (U.S.), FLYIT Simulators Inc. (U.S.), Rockwell Collins (U.S.), ELITE Simulation Solutions (U.S.), AeroSim Experience (Canada), Ryan Aerospace (Australia), and Redbird Flight Simulations, Inc (U.S.).

The scope of the Report:

This study provides an overview of the Helicopter Simulator Market, tracking four market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East & Africa and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Helicopter Simulator market by its simulator type, component, platform, and region.

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