Drone Simulator Market Growth, Analysis by Manufacturers Types, Applications and Technology Innovations 2019 to 2023

“Drone Simulator Market”
Drone Simulator Market Size, Share, Forecast- Information by Component (Software, Hardware), Device Type (Fixed, Portable), Drone Type (Fixed-Wing, Multi-Rotor), Technology (Augmented Reality, Virtual Reality), End-User (Commercial, Military), & Region—Forecast till 2023

Drone simulators are designed to create an imitation of the operation of a real-world system or process associated with drone flight training. It is a program that allows drone pilots to practice on a computer without the risk and expense of damaging a real model. Technological advancements in drone payload systems and the growing capabilities of drone technology would require highly advanced simulation systems. Significant investments have been made in the development of artificial intelligence, which would lead to rapid growth of the market during the forecast period. However, a major restraint for the growth of the drone simulator market is the complexity in manufacturing and maintenance costs of drone simulator systems.

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The increased need for drones for commercial and military applications will offer new growth opportunities to the market players. The factors responsible for market growth are increasing R&D activities in the field of military simulation, increasing defense expenditure in emerging economies, and the growing demand for trained pilots. Several contracts have been signed to bolster the growth of the market. For example, in 2011, Aeronautics signed a contract with CAE Inc. to provide simulation for unmanned aerial systems (UAS). Moreover, the affordability of drone simulators has resulted in the growth of the market. For instance, in 2015, CAE and General Atomics Aeronautical Systems Inc. signed a contract with the Italian air force to develop a Predator unmanned aerial system simulator. Similarly, in 2005, L3 Link Training & Simulator signed a contract with the US air force to develop a Predator mission aircrew training system (PMATS) for unmanned aerial vehicles.

Of late, drones have been widely used in the aviation, construction, mining, oil & gas, telecom, and logistics sectors. The use of drones is driven by their benefits over their conventional manual inspection counterparts. With rapid advances in technology, drones can detect edge erosion and blade defects of a wind turbine and can inspect the turbine blade lightning receptors, towers, and nacelles. In addition, drones can detect leaks, corrosion, and other problems in oil & gas rigs and pipelines.

Scope of the Report:

This study provides an overview of the drone simulator market, tracking five market segments across five regions. The report studies the key players, providing a five-year annual trend analysis that highlights market size, volume, and share in North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years in each region.

Segmentation:

The study segments the drone simulator market by component, device type, drone type, technology, end-user, and region.

By Component

  • Software
  • Hardware

By Device Type

  • Fixed
  • Portable

By Drone Type

  • Fixed-Wing
  • Multi-Rotor

By Technology

  • Augmented Reality
  • Virtual Reality
  • By End-User
  • Commercial
  • Military

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • Latin America

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Key Players:

  • Aegis Technologies
  • CAE Inc.
  • General Atomics
  • Havelsan A.S.
  • Israel Aerospace Industries Ltd
  • L3 Link Training & Simulation
  • Leonardo S.p.A.
  • Sikan Nutzfahrzeuge GmbH
  • Simlat Uas Simulation
  • Singapore Technologies Electronics Limited
  • and Zen Technologies Limited

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