Drone Simulator Market | Covid-19 Impact Analysis

Drone Simulator Market Insights

Drone Simulator Market is likely to witness an impressive CAGR of 16.2% during the forecast period. The increasing demand for drones for commercial and military applications, which is also amounting to the rise in claim for trained pilots, is driving the growth of the global drone simulator market.  

Market Share Analysis

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Drone Simulator Market Share: By Platform Type

Based on the platform type, the market is segmented as military and commercial. The military segment is estimated to remain dominant, led by the easy affordability of drone simulators for training of military pilots and operators, against live training employing real drones.

Drone Simulator Market Share: By Device Type

Based on the device type, the market is segmented as augmented reality and virtual reality. The augmented reality segment is projected to register a higher growth during the forecast period. The growth of this segment is driven by the increasing adoption of augmented reality drone simulators in military applications which recommends a better training experience to pilots by using the real-world environment.

Drone Simulator Market Share: By Region

In terms of regions, the North American region was estimated to be the largest market for drone simulator in 2018. Countries in this region, such as the US and Canada, are depicting an increase in the adoption of simulators in the drone industry. The European and the Asia-Pacific regions are also expected to witness a high growth owing to the rising employment of drone simulators for gaming applications, such as drone racing.

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Drone Simulator Market: Key Players

Some of the major players in the drone simulator market are-

• The AEgis Technologies Group, Inc.
• CAE Inc.
• General Atomics Aeronautical Systems, Inc.
• Havelsan
• Israel Aerospace Industries Ltd.
• Leonardo S.p.A.
• Silkan
• Simlat UAS & ISR Training Solutions
• ST Engineering Electronics
• Zen Technologies Limited.

Market Scope & segmentation

Drone simulator is a new technique that is being used in military as well as commercial platforms. They are operational through hardware and software components together.

Drone simulator works on both the fixed system and portable system. Currently, there are different drone types available such as fixed-wing drones, quadcopters, and helicopters.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The drone simulator market is segmented into the following categories. 

Drone Simulator Market Size, Share, & Forecast, by Platform Type:

• Military (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

• Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Drone Simulator Market Size, Share, & Forecast, by Component Type:

• Software (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Hardware (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Drone Simulator Market Size, Share, & Forecast, by System Type:

• Fixed System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Portable System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Drone Simulator Market Size, Share, & Forecast, by Device Type:

• Augmented Reality
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Device Type Analysis: Head-Mounted Displays, Head-Up Displays, and Handheld Devices)
• Virtual Reality
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Device Type Analysis: Head-Mounted Displays and Display Walls & Projector Walls)

Drone Simulator Market Size, Share, & Forecast, by Drone Type:

• Fixed-Wing Drones (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Quadcopters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Helicopters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Drone Simulator Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of platform types by device type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].