DUBLIN–(BUSINESS WIRE)–Nov 20, 2020–
The “Drone Simulator – Global Market Outlook (2019-2027)” report has been added to ResearchAndMarkets.com‘s offering.
The Global Drone Simulator market accounted for $517.70 million in 2019 and is expected to reach $1,842.90 million by 2027 growing at a CAGR of 17.2% during the forecast period.
Increasing demand for drones in commercial and military applications, easy availability and low cost of trail of drone stimulation are the major factors driving the market growth. However, complexity of drone simulator system is restraining market growth. Moreover, increasing R&D activities in the field of military simulation would provide ample opportunities for market growth.
Drone simulators are used to practice drone piloting skills in front person view (FPV) format. It is used to train an individual before actually flying the drone. Drone stimulators provide realistic view and experience, and helps learn about its physics and controls. It also combines all the fight dynamics and helps to reduce risks of human error while flying.
Based on device type, the augmented reality segment is likely to have a huge demand. The segment anticipated high growth due to the increasing adoption of augmented reality drone simulators in military applications which offer a better training experience to pilots by using the real world environment.
By geography, North America is going to have a lucrative growth during the forecast period due to extensive research and development of drone simulators, presence of prominent drone manufacturing companies in the region and high adoption rate in the military segment. In addition, increasing the use of drones for gaming and racing applications is another factor anticipated to fuel growth of the market in this region.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Drone Simulator Market, By Component
6 Global Drone Simulator Market, By System Type
7 Global Drone Simulator Market, By Sales Channel
7.2 Manufacturer/Distributor/Service Provider
7.4 Direct Sales
8 Global Drone Simulator Market, By Drone Type
8.2 Fixed Wing
8.6 Rotary Wing
9 Global Drone Simulator Market, By Device Type
9.2 Virtual Reality
9.2.1 Display Walls & Projector Walls
9.2.2 Head-Mounted Displays
9.3 Augmented Reality
9.3.1 Head-Up Displays
9.3.2 Head-Mounted Displays
9.3.3 Handheld Devices
10 Global Drone Simulator Market, By End User
11 Global Drone Simulator Market, By Geography
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.5 Other Key Strategies
13 Company Profiling
13.1 Aegis Technologies
13.2 CAE Inc
13.3 General Atomics Aeronautical Systems Inc
13.4 Havelsan A.S.
13.7 ImmersionRC Ltd
13.8 Israel Aerospace Industries Ltd
13.9 L3 Link Simulation & Training
13.10 Leonardo S.P.A.
13.11 RealFlight Software
13.12 Selex ES
13.14 Simlat Uas & ISR Training Solutions
13.15 Singapore Technologies Electronics Limited
13.16 Zen Technologies Limited
For more information about this report visit https://www.researchandmarkets.com/r/spyn98
View source version on businesswire.com:https://www.businesswire.com/news/home/20201120005339/en/
Laura Wood, Senior Press Manager
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INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 11/20/2020 05:39 AM/DISC: 11/20/2020 05:39 AM
Copyright Business Wire 2020.
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