Key Market Developments and financials of the key players Market size estimations, forecasts and CAGR for all the segments presented in the scope How this market evolved since the year 2016
On the basis of application, the commercial application segment has a significant market growth during the forecast period, primarily driven by the rising demand for commercial pilots owing to high air passenger growth. However, High Complexity of Flight Simulator Systems is hampering the market. Growing need to train new pilots due to increase in air traffic across the globe, adoption of virtual training for pilots to ensure aviation safety and need for cost-cutting of pilot training are some of the major factors fuelling the market growth. The Global Flight Simulator market is expected to reach $10.32 billion by 2026 growing at a CAGR of 5.5% during 2018 to 2026. DUBLIN-( BUSINESS WIRE)-The 'Global Flight Simulator Market Analysis 2019' report has been added to 's offering.