Quick Summary:
The global Drone Simulator market is poised for impressive growth, projected to reach US$1.5 Billion by 2030 from an estimated US$597.2 Million in 2022. McKinsey & Company's latest report provides a comprehensive analysis of this promising market, detailing the significant growth potential within the hardware and software segments.
This report is essential for senior business executives looking to keep a finger on the pulse of an ever-evolving industry. Discover how countries like the U.S. and China are dominating market growth, and learn about potential opportunities in emerging markets such as Japan and Canada. Stay informed about the activities of key competitors in the field, from Aegis Technologies Group to Zen Technologies Ltd. This report supplies a vital competitive edge in the rapidly expanding Drone Simulator market.
Global Drone Simulator Market to Reach $1.5 Billion by 2030
The global market for Drone Simulator estimated at US$597.2 Million in the year 2022, is projected to reach a revised size of US$1.5 Billion by 2030, growing at a CAGR of 12.6% over the analysis period 2022-2030. Hardware, one of the segments analyzed in the report, is projected to record 13.6% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 10.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $174.7 Million, While China is Forecast to Grow at 11.6% CAGR
The Drone Simulator market in the U.S. is estimated at US$174.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$259.3 Million by the year 2030 trailing a CAGR of 11.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.5% and 10.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR.Select Competitors (Total 17 Featured) -
- Aegis Technologies Group
- CAE, Inc.
- General Atomics Aeronautical Systems, Inc.
- HAVELSAN A.S.
- Israel Aerospace Industries (IAI)
- L3 Link Simulation & Training
- Leonardo SpA
- Silkan
- Simlat Ltd.
- Singapore Technologies Electronics Ltd.
- Zen Technologies Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Drone Simulator?
What is the growth rate of the Global Market for Drone Simulator?
What is the forecasted size of the Global Market for Drone Simulator?
Who are the key companies in the Global Market for Drone Simulator?
| Report Attribute | Details |
|---|---|
| No. of Pages | 232 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 597.2 Million |
| Forecasted Market Value ( USD | $ 1500 Million |
| Compound Annual Growth Rate | 12.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Aegis Technologies Group
- CAE, Inc.
- General Atomics Aeronautical Systems, Inc.
- HAVELSAN A.S.
- Israel Aerospace Industries (IAI)
- L3 Link Simulation & Training
- Leonardo SpA
- Silkan
- Simlat Ltd.
- Singapore Technologies Electronics Ltd.
- Zen Technologies Ltd.
