The major driving factor of the market for drone simulators is the increasing use of drones in the commercial sector. In the current scenario, drones are used in commercial sectors such as farming, architecture and construction, surveillance and drone as a service among others. Owing to this fact, the drone operators requires skilled training in order to operate the drone in an efficient way. This factor is helping the drone simulators market to grow in future. Moreover, the technologically latest drone simulators are capable of training the operator with wide variety of drones such as fixed wing, helicopters and quad copters among others. This helps the operator to procure particular drone as per the requirement, hence, boosting the market for drone simulators to grow.
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The drone simulators are constructed with complex architecture, and the availability of skilled trainers are less. Pertaining to this fact, the end users of drone simulators have limited their procurement, as the complex architecture requires high maintenance and lack of skilled trainers is a major concerns for the operators of drone simulators. This factor is acting as a growth inhibiting factor for the drone simulator market.
The market for drone simulators are poised to expand in future due to extensive research and development are being carried out by the major defense forces across the globe. Countries such as the U.S, Russia, Germany, China, and India are researching on developing robust technologies in order to support the huge demand for drone simulators in the military sector. Moreover, the increasing defense budgets in the emerging nations are also demanding for technologically latest drone simulators in order to train the military personnel to operate drones efficiently.
The drone simulators market is segmented on basis of system, device type, drone type, platform and geography. The two types of systems used in drone simulators are fixed systems and portable systems, out of which fixed systems dominated the market for drone simulators in 2016 while the portable systems are gaining popularity in the current scenario. The various device type in a drone simulator are bifurcated as augmented reality and virtual reality. The augmented reality is sub segmented as handheld devices, head up displays, and head mounted displays. The virtual reality is further segmented as head mounted displays and display walls or projector walls. The augmented reality segment led the market and is expected to retain its dominating power in the coming years as the segment helps the drone pilots in the defense forces to engage themselves in the real world environment during training.
On basis of drone types, the market for drone simulators is segmented as fixed wing drones, helicopters, quad copters and others. The fixed wing drones are the most commonly used drone types in the drone simulators market due to their benefit of easy handling. Based on platform, the drone simulators market is bifurcated as military and commercial. The adoption rate of drone simulators in the military segment was higher than commercial segment in 2016 across the globe. Geographically, the market for drone simulators is segmented on basis of five strategic regions worldwide as North America, Europe, Asia Pacific, Middle East and Africa. The most dominating region in the field of drone simulators accounted for North America due to extensive research and development of drone simulators in the region and high adoption rate in the military segment.
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The top industry participants operating in the market for drone simulators across the globe includes Singapore Technologies Electronics Limited (Singapore), Leonardo S.P.A (Italy), Israel Aerospace Industries Limited (Israel), Havelsan A.S. (Turkey), CAE Inc. (U.S), Aegis Technologies (U.S), L-3 Link Simulation & Training (U.S), Zen Technologies Ltd. (India), General Atomics Aeronautical Systems Inc. (U.S), and SILKAN (France) among others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
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The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
