The Global Drone Simulator Market size is expected to reach $1.6 billion by 2028, rising at a market growth of 12.9% CAGR during the forecast period.
The main participants in the drone simulator market ecosystem are well-known businesses and startups that offer simulators and their services, end users, and distributors/suppliers/retailers. Armed forces from several nations have been using drones for more than ten years. Small drones are frequently used by ground forces. Unmanned aerial vehicle (UAV) spending is increasing as a percentage of total military spending, which is fueling the expansion of specialized drone manufacturers & simulator software producers.
In about 95 countries around the world, military drones are already in use. There are a number of drones being developed specifically for surveillance. On the other hand, some drones have been created for crucial tasks like delivering weapons. Remotely controlled UAVs (unmanned aerial vehicles) are used by nations like China, Germany, India, and Azerbaijan to transport weapons for their armed forces. Drones are additionally used as loitering weapons. Additionally, drones are utilized in real-time surveillance, intelligence, and reconnaissance (ISR) operations to gather information on ongoing and potentially fatal military operations. Consequently, the factors mentioned above are increasing demand for drone simulators.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Atomics, SZ DJI Technology Co., Ltd., Leonardo SpA, CAE Inc., Israel Aerospace Industries Ltd., Zen Technologies Limited, Havelsan A.S., Simlat Ltd., ST Engineering Limited, and ImmersionRC Limited.
The main participants in the drone simulator market ecosystem are well-known businesses and startups that offer simulators and their services, end users, and distributors/suppliers/retailers. Armed forces from several nations have been using drones for more than ten years. Small drones are frequently used by ground forces. Unmanned aerial vehicle (UAV) spending is increasing as a percentage of total military spending, which is fueling the expansion of specialized drone manufacturers & simulator software producers.
In about 95 countries around the world, military drones are already in use. There are a number of drones being developed specifically for surveillance. On the other hand, some drones have been created for crucial tasks like delivering weapons. Remotely controlled UAVs (unmanned aerial vehicles) are used by nations like China, Germany, India, and Azerbaijan to transport weapons for their armed forces. Drones are additionally used as loitering weapons. Additionally, drones are utilized in real-time surveillance, intelligence, and reconnaissance (ISR) operations to gather information on ongoing and potentially fatal military operations. Consequently, the factors mentioned above are increasing demand for drone simulators.
COVID-19 Impact Analysis
The production volume of drone manufacturers drastically decreased, which slowed the adoption of various simulation solutions. The governments of several nations have kept their levels of defense spending, though. This has prompted a number of UGV, weapon, and combat system producers to speed up the rate at which simulation systems are being purchased. As a consequence, the COVID-19 pandemic and its effects have had a negligible effect on the drone simulator market.Market Growth Factors
Cost-effectiveness of simulator training
Comparatively speaking to training that involves using actual drones, training pilots using a drone simulator is more affordable. Training with real drones can be expensive and accident-prone, which could result in drone damage. Therefore, it is thought of as giving the pilot virtual training to aid in controlling the drone before they operate in real-time. Drone simulators can be utilized repeatedly to give pilots more extensive training. Drone simulators are being used by drone training facilities to train pilots. The market for drone simulators is anticipated to grow as a result of the lesser cost of simulator training.Increasing Research & Development Expenditures for Military Simulation
Due to the COVID-19 outbreak's depleting financial resources, governments all over the world are reducing their military spending. The military departments of many countries are reducing their training budgets and force sizes. As a result, the military is now more focused on locating less expensive & more practical answers to their problems. Real-time training is time- and money-consuming. Additionally, it entails a significant amount of raw materials, like gasoline and explosives, and is extremely dangerous. Therefore, virtual training as well as simulation-based games that employ technologies like AI, big data, and cloud computing are becoming more and more popular among military ministries.Market Restraining Factors
Lack of air traffic management and strict government regulations
Flight operations and unmanned aerial systems (UAS) involve high-risk air travel, especially beyond the visual line of sight. Their long-distance operations raise the risk of property damage, mishaps, and financial losses. As a result, due to inadequate air traffic management, safety and security concerns, and no-fly zones, several countries have strict regulations regarding the use of UAVs in close proximity to international borders, airports, government buildings, no-fly zones, and temporary flight restriction zones. Currently, drones are not allowed to fly in civil airspace, with the exception of a few businesses that have been granted exemptions to conduct tests and make demonstration flights. These issues limit the expansion of the drone market, which in turn restrains the expansion of the drone simulator market.Application Outlook
Based on application, the drone simulator market is segmented into commercial and military. In 2021, the military segment dominated the drone simulator market by generating maximum revenue share. This is because of the accessibility and low cost of drone simulators for military pilot and operator training as opposed to live training using actual drones. Drones significantly lower the amount of time military personnel spend in danger or in battle. Four, drones are proving to be just as deadly in combat with the enemy as regular aircraft.
System Type Outlook
On the basis of system type, the drone simulator market is fragmented into fixed, and portable. The portable segment recorded a significant revenue share in the drone simulator market in 2021. Portable simulators are utilized by students for practice purposes, among other things. They can use the simulator to develop knowledge, confidence, and to practice their navigational skills. These features of portable drone simulators in this segment would support the market growth in this segment over the projected period.Component Outlook
By component, the drone simulator market is divided into hardware and software. The hardware segment held the largest revenue share in the drone simulator market in 2021. Hardware includes all tangible components used in drone simulators, such as controllers and displays. Commercial pilots and Special Forces commanders use simulator technology, a virtual representation of a real UAV-based training system, all over the world.Drone Type Outlook
Based on drone type, the drone simulator market is classified into fixed wing, and rotary wing. In 2021, the fixed wing segment accounted for the maximum revenue share in the drone simulator market. In general, rotary-wing drones, like helicopters and quadcopters, are used for commercial purposes while fixed-wing drones are typically used for military purposes. Fixed-wing drones are used by armed forces for military and defense purposes all over the world.Device Type Outlook
By device type, the drone simulator market is divided into augmented reality, and virtual reality. The virtual reality segment led the drone simulator market with the highest revenue share in 2021. Virtual reality is able to tailor the expertise far better than if a user were in a regular simulator with a regular screen as a window because they are aware of exactly where users are in the virtual environment.Regional Outlook
Region wise, the drone simulator market is analyzed across the North America, Europe, Asia Pacific and LAMEA. In 2021, the North America region dominated the drone simulator market with the highest revenue share. This is due to the presence of numerous drone businesses, manufacturers, and software firms in the United States and Canada. The American Army is putting a lot of effort into R&D and drone technology advancements. These elements are predicted to support regional growth over the course of the forecast period in the upcoming years.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Atomics, SZ DJI Technology Co., Ltd., Leonardo SpA, CAE Inc., Israel Aerospace Industries Ltd., Zen Technologies Limited, Havelsan A.S., Simlat Ltd., ST Engineering Limited, and ImmersionRC Limited.
Strategies deployed in drone-simulator-market
- Aug-2022: DJI released DJI Avata, a transformational new drone that offers an unparalleled experience of immersive flight. DJI Avata creates a new paradigm for first-person view drone flight, enabling every pilot to race through the skies & feel its astonishing performance, agility, and easy control.
- Jul-2022: CAE introduced CAE 700MXR Flight Simulator, the newest advancement in pilot training. The launch focused on revolutionizing flight training for complex urban settings with a compact mini-motion platform as well as 360⁰ field of view visuals that deliver high-fidelity, physics-based simulation tailored to single-pilot operations. CAE 700MXR’s ultra-realistic simulation bridges the gap between the physical & virtual worlds to deliver an unrivaled training experience for future eVTOL pilots.
- Sep-2021: CAE partnered with BETA Technologies, an electric aerospace company. Through this partnership, both the companies would together design & develop its pilot and maintenance technician training program for the ALIA eVTOL aircraft. Further, CAE would leverage its expertise to design a full suite of innovative, digitally integrated curriculum & courseware solutions for the aviation workforce.
- Nov-2020: CAE took over Textron, an American industrial conglomerate by acquiring TRU Simulation + Training Canada. This acquisition would enable CAE to expand its global installed base of commercial flight simulators and consumers, and the addressable market for simulator lifecycle support services.
- Nov-2020: CAE completed the acquisition of Flight Simulation Company B.V. The acquisition would allow CAE to expand its capabilities to address the training market for consumers operating in Europe, including airline & cargo operators.
- Sep-2020: Israel Aerospace Industries announced the acquisition of BlueBird Aero System, a leading UAS developer and integrator in the small tactical arena. This acquisition focused on enabling IAI to grow its operations & revenues, accelerate technological developments while lowering costs, reduce the time to market process, and enhance competitiveness.
- Aug-2020: DJI came into a partnership with Shell Oil Company, a British multinational oil, and gas company. This partnership aimed at creating, testing, and deploying DJI drone technology at its Deer Park Manufacturing Complex to enhance efficiency as well as worker safety during industrial inspections & emergency incident response.
- Feb-2020: Israel Aerospace Industries collaborated with Hindustan Aeronautics (HAL), an Indian state-owned aerospace and defense company, and Dynamatic Technologies (DTL), an Indian precision engineering company. This collaboration would focus on the sharing of new technologies for upgrading UAV capabilities & provide advanced systems that comprise integrated local technologies to Indian consumers.
- May-2018: DJI entered into a partnership with Microsoft, an American multinational technology corporation. This partnership aimed at bringing advanced AI and ML capabilities to DJI drones, helping businesses harness the power of commercial drone technology and edge cloud computing. Through this partnership, DJI would launch a software development kit (SDK) for Windows that extends the power of commercial drone technology to the largest enterprise developer community in the world.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- Software
By System Type
- Fixed
- Portable
By Drone Type
- Fixed Wing
- Rotary Wing
By Device Type
- Virtual Reality
- Augmented Reality
By Application
- Military
- Commercial
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- General Atomics
- SZ DJI Technology Co., Ltd.
- Leonardo SpA
- CAE Inc.
- Israel Aerospace Industries Ltd.
- Zen Technologies Limited
- Havelsan A.S.
- Simlat Ltd.
- ST Engineering Limited
- ImmersionRC Limited
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 4. Global Drone Simulator Market by Component
Chapter 5. Global Drone Simulator Market by System Type
Chapter 6. Global Drone Simulator Market by Drone Type
Chapter 7. Global Drone Simulator Market by Device Type
Chapter 8. Global Drone Simulator Market by Application
Chapter 9. Global Drone Simulator Market by Region
Chapter 10. Company Profiles
Companies Mentioned
- General Atomics
- SZ DJI Technology Co., Ltd.
- Leonardo SpA
- CAE Inc.
- Israel Aerospace Industries Ltd.
- Zen Technologies Limited
- Havelsan A.S.
- Simlat Ltd.
- ST Engineering Limited
- ImmersionRC Limited
Methodology
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