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Tuesday, 2 June 2015

Flight Simulator Market Trends, Segments And Forecasts To 2022: Grand View Research, Inc


Flight simulator market applications are in commercial as well as military sectors. The market for flight simulators in military applications are expected to witness high growth due to increase in government spending and growing security concerns. The need for flight handling & safety operations such as situational awareness & flight skill competency are key factors that drive demand for flight simulator in military applications. The North American and European market for flight simulator is well-developed and matured owing to a myriad of players in the region and stringent government norms. The market for flight simulators in Canada is expected to hold an attractive share owing to the presence of one of the largest simulator manufacturers, CAE Inc., in the region. The company posted annual revenues of USD 1.76 billion in 2013.
http://www.grandviewresearch.com/industry-analysis/the-global-flight-simulator-market

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