‘Civil aviation flight simulation & simulation training market to be reach $6.16bn in 2015’

LONDON - Dec. 2, 2014 - PRLog -- LONDON, UK. 28^th November 2014: New research published today by market analyst Visiongain has revealed research that values the global civil aviation flight simulation & simulation training market at $6.16bn in 2015. This will be driven by significant growth and demand for commercial air transport in emerging markets and economic recovery in mature markets that are driving airline fleet expansion and demand for commercial flight crew personnel to fulfil this growing capacity.

Visiongain forecasts indicate that the flight simulation & simulation training market will continue to record positive but moderate growth in the next decade. The majority of growth will come from maturing and emerging markets, for example the Middle East and Asia-Pacific, where there are strong growth rates forecast for commercial air traffic. Industry stakeholders such as Boeing have estimated that around 533,000 new pilots will be required globally up until 2033. Demand for pilots in emerging markets is driving activity such as flight training programmes, the establishment of flight training academies and airline sponsorship, all of which stimulate growth in the flight simulation market and provide opportunities for original equipment manufacturers to develop innovative solutions for their customers. In mature markets such as Europe, industry opinion indicates that there is a gradual resurgence in pilot demand with some legacy carriers recently launching recruitment initiatives.

The visiongain author of the Civil Aviation Flight Simulation & Simulation Training Market Forecast 2015-2025: Prospects for Leading Companies report, Christopher Kirby, commented that, “Flight simulators and simulator training services are of vital importance to commercial pilot training programmes. They are an effective means for operators and training organisations to instruct current or student pilots on normal, abnormal and emergency procedures and scenarios in a safe and controlled environment. Furthermore, flight simulators allow pilots to enhance their flying skills, judgment and situational awareness, which contribute to the wider safety of flight operations and the air transport industry”.

The 306 page report contains 215 tables, charts and graphs that explain developing trends in the civil aviation flight simulation & simulation training market. Visiongain provides forecasts for the period 2015-2025, detailing the value (US$) of the global civil aviation flight simulation & simulation training market, 6 leading regional civil aviation flight simulation & simulation markets, and 4 submarkets (full flight simulation, fixed base flight training devices, commercial fixed wing simulator training, commercial rotor wing simulator training). This segmentation is at the globally and the regional level providing 24 discrete market segments to study.  In addition, there are 15 company profiles of the leading and growing companies that develop and supply flight simulator units and simulator training solutions for civil aviation. Also included is an exclusive interview with the CEO of Aviation Academy Austria, which provides expert insight underpinning visiongain’s analysis.

The Civil Aviation Flight Simulation & Simulation Training Market Forecast 2015-2025: Prospects for Leading Companies report will be of value to current and future potential investors in the civil flight simulation & simulation training industry or wider civil air transport sector. Companies and research centres with an interest in flight simulation, provision of commercial flight training or looking to broaden their knowledge of this paradigm will also find this report of value.

For sample pages and further information concerning the Visiongain report, The Civil Aviation Flight Simulation & Simulation Training Market 2015-2025: Prospects for Leading Companies report please visit: https://www.visiongain.com/Report/1357/Civil-Aviation-Fli... (http://www.visiongain.com/Sector/146/Aviation)

For an executive summary please contact:
Email: Sara Peerun onsara.peerun@visiongainglobal.com

Tel: +44 (0) 20 7336 6100

Notes for Editors

If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.comor call her on +44 (0) 207 336 6100

About visiongain

Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.