Asia-Pacific Civil Aviation Simulators Market – Growth, Trends, And Forecast (2020 – 2025)
Asia-Pacific Civil Aviation Simulators market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2020 to 2025 are profiled in this report.
Top Companies like TRU Simulation + Training Inc., CAE Inc., L3Harris Technologies Inc., FlightSafety International, and Indra Sistemas SA. CAE
Click the link to get a free Sample Copy of the Report:
Scope of the Report
The growth in demand for air travel and aerial connectivity in the Asia-Pacific region has driven the airlines to introduce new routes. This is generating a major shortfall of pilots and cabin crew in the region. This shortfall of pilots and other personnel in aircraft is anticipated to generate demand for civil aviation simulators market during the forecast period.
Key Market Trends
Full Flight Simulator (FFS) had the Highest Market Share in 2019
A full flight simulator can replicate the flight parameters of the respective aircraft type that it is designed for. The simulator is mounted on a platform to replicate both the movement and acoustics of a real flight by simulating the acceleration and G-forces acting on the aircraft. Due to these advantages, flight training schools consider FFS as a better option for training aviation personnel. The opening of new flight schools in the region is anticipated to generate the demand for FFS in the coming future. In March 2019, Virgin Australia was in talks with HNA Group to open a regional flying school to train Australian and Chinese pilots to cater to the growing shortage of pilots in the industry. Also, the training schools are ordering new and advanced full-flight simulators to increase their training capacities. For instance, in August 2018, FlightSafety International and HAITE Aviation Safety and Training Pte. Ltd. have signed an agreement for the delivery of Airbus A320 FFS. The FS1000 simulator will help the personnel to train on CEO and NEO versions of the A320 aircraft. The simulator was scheduled to enter service in early 2019 at Aviation Safety and Training Center in Singapore. Such acquisitions are anticipated to propel the growth of the segment in the coming years.
China Dominates the Market in terms of Market Share
China has the highest fleet of commercial and business jet aircraft in the Asia-Pacific region. The rapid growth of air passenger traffic along with an increase in high-net-worth individuals in the country is fueling the procurements of commercial aircraft and business jets. This increasing fleet is generating demand for new cabin crew and pilots in the country, which in turn will generate demand for simulator and flight training devices in the country. In 2018, the first-ever 737 MAX full flight simulator was delivered to the Boeing Flight Services Training Center in Shanghai and in October 2018, the Civil Aviation Administration of China (CAAC) approved Level D qualification for the simulator. Similarly, in 2019, Frasca International received several simulator orders from many customers in China. These sales contracts include an order for KingAir C90 Level 5 Flight Training Device (FTD) from CAAC for research and pilot training and order for Piper PA28 Level 5 FTD from Fanmei Aviation Group. Such a growing demand for a simulator for training aviation personnel is anticipated to propel the growth of the market in China during the forecast period.
Browse the Full report description and TOC at:
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Asia-Pacific Civil Aviation Simulators Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Media Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687