Apr 27, 2018   SOURCE: BusinessWire

Global Simulators Market by Type, Technology, Application, Vehicle, Component & Region Analysis & Forecast to 2022 - ResearchAndMarkets.com

The "Simulators Market by Type (Full Mission, Containerized, Fixed-Based, Desktop, Console), Technology (Virtual, Constructive, Integrated), Application (Military, Commercial), Vehicle (Airborne, Land, Naval), Component, Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The Simulators Market is Estimated at USD 16.62 Billion in 2017 and is Projected to Reach USD 20.99 Billion By 2022, at a CAGR of 4.78% from 2017 to 2022.

Based on application, the military segment is estimated to lead the simulators market in 2017. The growth of this segment can be attributed to increased use of simulators for pilot training and military crew training.

Based on technology, the live simulations segment of the simulators market is estimated to lead the simulators market during the forecast period. The adoption of live simulation technology for military training is one of the most significant factors projected to drive the growth of the live simulation segment.

North America is estimated to lead the simulators market in 2017 and is projected to continue its dominance during the forecast period, in terms of market share, as the region has the largest military and commercial aircraft fleets in the world. The simulators market in Asia Pacific is projected to grow at the highest CAGR during the forecast period, owing to the growth in the aviation industry and increase in aircraft deliveries in the region.

Companies Mentioned

  • ARI Simulation
  • Boeing
  • CAE
  • ECA Group
  • Faac Incorporated
  • Flightsafety International
  • Kongsberg Maritime
  • L3 Technologies
  • Lockheed Martin
  • Meggitt
  • Nautical Simulation
  • Oktal
  • Saab
  • Tecknotrove Systems
  • Thales
  • Transas
  • Vstep Simulation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Simulators Market, By Application

8 Simulators Market, By Component

9 Simulators Market, By Type

10 Simulators Market, By Technology

11 Simulators Market, By Vehicle Class

12 Regional Analysis

13 Competitive Landscape

14 Company Profiles

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/xn2x38/global_simulators?w=4