According to a new report published by Allied Market Research, titled, โHelicopter Simulation Market,” The helicopter simulation market was valued at $1 billion in 2021, and is estimated to reach $1.8 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031.
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Helicopter simulation in training has become essential for pilot safety. The helicopter simulation can provide accident-free tactical and operational training for commercial and military operations.
Helicopter simulations are primarily used for pilot training and testing, simulating a pilot’s experience indistinguishable from real flight. Simulators provide a safe environment to study the consequences of incorrect decisions without the risk of accidents. Strict government standards and regulations for passenger safety are expected to further increase the demand for helicopter simulation.
The civil and commercial sector accounted for a major share of the global helicopter simulation market in 2021. In the commercial sector, helicopter simulators are utilized for training the pilots to perform numerous tasks related with VIP transportations, tourism, oil and gas, and others. In addition, helicopter simulator provides a commercial pilot with scenarios of flying within the city along with recreated weather conditions, which aids in enhancing pilot training.
Moreover, in December 2020, CAE Inc., a Canadian manufacturer of simulation technologies was awarded a contract by the U.S. Army to offer classroom, simulator, and live flying instructor support services for Army aviators training to fly the CH-47 Chinook, UH-60 Black Hawk, and AH-64 Apache helicopters at the U.S. Armyโs Aviation Center of Excellence (USAACE) at Fort Rucker, Alabama. The increase in the importance of aircraft safety and the need for extensive flight training and simulation are expected to drive the demand for helicopter simulation during the forecast period.
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Asia-Pacific is expected to experience growth dusing the forecast period. Asia-Pacific includes China, Japan, India, South Korea, and rest of Asia-Pacific. Rest of Asia-Pacific includes Australia, New Zealand, Indonesia, Singapore, Malaysia, Vietnam, and others. The helicopter simulation market has great prospects in the Asia-Pacific, owing to increase in demand for civil helicopter for applications such as search and rescue, VIP transportation, and others, along with integration of new models of helicopters by several countries into their defense fleets.
Simulation-based training programs are conducted for helicopter and ambulance crews (paramedics, paramedics/flight nurses, pilots) to improve their technical skills and engage in rescue operations. Numerous companies develop simulators to enhance professionals’ skills in helicopter emergency service. For instance, the Modular Interactive Trainer for Helicopter Operators (MITHOS) Simulator designed by Leonardo reproduces complex and dangerous maneuvers in physical and virtual environments, enabling crews to quickly respond to emergencies.
COVID-19 Impact Analysis
Post pandemic, the demand for helicopters has increased owing to limited capacity for commercial flights and the ability to avoid busier airports. Quiet helipads lead to limited human contact, thereby increasing the demand for helicopters. There has been an increase in travel by helicopters due to less travel during the pandemic and greater disposable income. This is in line with the increase in the fixed wing market in the U.S. and Europe.
KEY FINDINGS OF THE STUDY
- By offering, the services segment is anticipated to exhibit significant growth in the near future.
- By simulator type, the fixed-base flight training devices segment is anticipated to exhibit significant growth in the near future.
- By application, the military segment is anticipated to exhibit significant growth in the near future.
- By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
Key players operating in theย global helicopter simulation marketย includeย Elbit Systems Ltd., Airbus, Lockheed Martin Corporation, Thales, Indra Sistemas, S.A., Textron Inc., ATC Flight Simulator, FLYIT Simulators, Inc., Berkshire Hathaway, and CAE Inc.
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