Market Size of Asia Pacific Civil Aviation Simulators Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 290.66 Million |
| Market Size (2029) | USD 481 Million |
| CAGR (2024 - 2029) | 10.60 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Civil Aviation Simulators Market Analysis
The Asia Pacific Civil Aviation Simulators Market size is estimated at USD 290.66 million in 2024, and is expected to reach USD 481 million by 2029, growing at a CAGR of 10.60% during the forecast period (2024-2029).
The growth in demand for air travel and aerial connectivity in the Asia-Pacific region has aided the airlines in introducing new routes. This is generating a major shortfall of pilots and cabin crew in the region. This shortfall of pilots and other personnel in aircraft is anticipated to generate demand for the civil aviation simulators market during the forecast period.
Asia-Pacific is expected to witness the highest growth in pilot demand as the regional operational aircraft fleet is estimated to increase substantially. The high growth in the economy, an expansion of the middle class, and new low-cost airlines, along with newer routes, facilitate the demand for new civil aviation simulators in the region. Construction of new training facilities by the airlines and training providers in the region, along with orders for new simulators, is anticipated to propel the demand for simulator training during the forecast period.
APAC Civil Aviation Simulators Industry Segmentation
Flight simulators artificially recreate the environment for pilot training purposes. They deliver the knowledge of flying and provide the pilot experience of reacting in emergencies. Aircraft flight simulators expose commercial aircraft and business jet pilots to real-time situations, such as bad weather, loss of electronics, incidents like tire blowouts on landing, and hydraulic failures.
The Asia-Pacific Civil Aviation Simulators Market is segmented by Simulator Type (Full Flight Simulator (FFS), Flight Training Devices (FTD), and Other Simulator Types) and Geography (China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific). The report offers the market size in value terms in USD for all the abovementioned segments.
| Simulator Type | |
| Full Flight Simulator (FFS) | |
| Flight Training Devices (FTD) | |
| Other Simulator Types |
| Geography | ||||||||
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Asia Pacific Civil Aviation Simulators Market Size Summary
The Asia-Pacific civil aviation simulators market is poised for significant growth, driven by the increasing demand for air travel and the expansion of airline routes in the region. This surge in air travel has led to a notable shortfall of pilots and cabin crew, thereby boosting the demand for civil aviation simulators. The region is expected to experience the highest growth in pilot demand, supported by a substantial increase in the operational aircraft fleet. Economic growth, the expansion of the middle class, and the emergence of new low-cost airlines are further propelling the need for new simulators. The construction of new training facilities and the acquisition of advanced simulators by airlines and training providers are anticipated to enhance simulator training demand during the forecast period.
China, with the largest fleet of commercial and business jet aircraft in the Asia-Pacific region, is a key player in this market. The rapid growth of air passenger traffic and the rise in high-net-worth individuals have spurred aircraft procurements, creating a demand for new pilots and cabin crew. This, in turn, is driving the need for simulator and flight training devices. The country is also focusing on innovation in flight simulation and training, as evidenced by the development of advanced full-flight simulator systems. The market is consolidated, with major players like CAE Inc., TRU Simulation + Training Inc., and L3Harris Technologies Inc. leading the industry. The entry of new Chinese players is expected to enhance competition, while the establishment of new aviation training facilities presents opportunities for simulator manufacturers to expand their presence and sales in the region.
Asia Pacific Civil Aviation Simulators Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Simulator Type
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2.1.1 Full Flight Simulator (FFS)
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2.1.2 Flight Training Devices (FTD)
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2.1.3 Other Simulator Types
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2.2 Geography
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2.2.1 Asia-Pacific
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2.2.1.1 China
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2.2.1.2 India
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2.2.1.3 Japan
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2.2.1.4 South Korea
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2.2.1.5 Australia
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2.2.1.6 Rest of Asia-Pacific
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Asia Pacific Civil Aviation Simulators Market Size FAQs
How big is the Asia Pacific Civil Aviation Simulators Market?
The Asia Pacific Civil Aviation Simulators Market size is expected to reach USD 290.66 million in 2024 and grow at a CAGR of 10.60% to reach USD 481 million by 2029.
What is the current Asia Pacific Civil Aviation Simulators Market size?
In 2024, the Asia Pacific Civil Aviation Simulators Market size is expected to reach USD 290.66 million.
