Drone Simulator Market by Platform, Component, Device Type, Drone Type, System, and Region - Global

The report "Drone Simulator Market by Platform (Commercial, Military), Component (Software, Hardware), Device Type (Augmented Reality, Virtual Reality), Drone Type (Fixed Wing, Quadcopter, Helicopter), System, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the drone simulator market is projected to grow from an estimated $376.9 Million in 2017 to $764.7 Million by 2022, at a CAGR of 15.20% from 2017 to 2022.

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The commercial segment is projected to grow at the highest CAGR during the forecast period

Based on platform, the commercial segment of the drone simulator market is projected to grow at the highest CAGR from 2017 to 2022, owing to the increasing demand for drones in various industries, such as agriculture and construction, for monitoring and inspection applications. Commercial drone pilots require certifications and licenses to fly drones. The rising need for pilot training is expected to fuel the growth of the commercial segment of the drone simulator market.

The augmented reality segment is anticipated to grow at the highest CAGR during the forecast period

Based on device type, the augmented reality (AR) segment of the drone simulator market is projected to grow at the highest CAGR from 2017 to 2022, owing to the increasing demand for augmented reality drone simulators in the commercial and military markets. An AR drone simulator helps pilots to learn to fly drones in a safe and immersive manner.

Asia-Pacific is projected to be the fastest-growing market for drone simulator during the forecast period

The drone simulator market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. This anticipated high growth is mainly attributed to the increase in demand for drones in emerging economies, such as China and India. Moreover, the presence of prominent drone manufacturers, such as DJI (China), and their contribution toward the improvement of drone simulators are expected to fuel the market's growth in the Asia-Pacific region.

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Key Market Players

Major players operating in the drone simulator market include CAE Inc. (Canada), L-3 Simulation & Training (UK), Israel Aerospace Industries Ltd. (Israel), Leonardo S.p.A. (Italy), Havelsan A.S. (Turkey), Simlat UAS & ISR Training Solutions (Israel), and General Atomics Aeronautical Systems, Inc. (US).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.