Drone Simulator Market Worth 764.7 Million USD by 2022
PUNE, India, Jun 20, 2017 (PR Newswire Europe via COMTEX) — PUNE, India, June 20, 2017 /PRNewswire/ —
The report "Drone Simulator Market by Platform (Commercial, Military), Component (Software, Hardware), Device Type (Augmented Reality, Virtual Reality), Drone Type (Fixed Wing, Quadcopter, Helicopter), System, and Region – Global Forecast to 2022", published by MarketsandMarkets(TM), the drone simulator market is projected to grow from an estimated USD 376.9 Million in 2017 to USD 764.7 Million by 2022, at a CAGR of 15.20% from 2017 to 2022. The increasing use of drones for commercial and military applications has led to increased demand for drone pilots across the globe, thereby fueling the growth of the drone simulator market.
Browse 63 market data Tables and 46 Figures spread through 140 Pages and in-depth TOC on"Drone Simulator Market – Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/drone-simulator-market-145601556.html [http://www.marketsandmarkets.com/Market-Reports/drone-simulator-market-145601556.html?utm_source=PRNewswire&utm_medium=referral&utm_campaign=paidpr ] Early buyers will receive 10% customization on report
The commercial segment is projected to grow at the highest CAGR during the forecast period
Based on platform, the commercial segment of the drone simulator market is projected to grow at the highest CAGR from 2017 to 2022, owing to the increasing demand for drones in various industries, such as agriculture and construction, for monitoring and inspection applications. Commercial drone pilots require certifications and licenses to fly drones. The rising need for pilot training is expected to fuel the growth of the commercial segment of the drone simulator market.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=145601556 [http://www.marketsandmarkets.com/pdfdownload.asp?id=145601556&utm_source=PRNewswire&utm_medium=referral&utm_campaign=paidpr ]
The augmented reality segment is anticipated to grow at the highest CAGR during the forecast period
Based on device type, the augmented reality (AR) segment of the drone simulator market is projected to grow at the highest CAGR from 2017 to 2022, owing to the increasing demand for augmented reality drone simulators in the commercial and military markets. An AR drone simulator helps pilots to learn to fly drones in a safe and immersive manner.
Asia-Pacific is projected to be the fastest-growing market for drone simulator during the forecast period
The drone simulator market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. This anticipated high growth is mainly attributed to the increase in demand for drones in emerging economies, such as China and India. Moreover, the presence of prominent drone manufacturers, such as DJI (China), and their contribution toward the improvement of drone simulators are expected to fuel the market's growth in the Asia-Pacific region.
Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=145601556 [http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=145601556&utm_source=PRNewswire&utm_medium=referral&utm_campaign=paidpr ]
Major players operating in the drone simulator market include CAE Inc. (Canada), L-3 Simulation & Training (UK), Israel Aerospace Industries Ltd. (Israel), Leonardo S.p.A. (Italy), Havelsan A.S. (Turkey), Simlat UAS & ISR Training Solutions (Israel), and General Atomics Aeronautical Systems, Inc. (US).
Browse Related Reports
Drone Software Market By Architecture (Open Source, Closed Source), Offering (App-Based Software, Desktop Software), Application (Control & Data Capture, Image Processing, Analytics), Platform, and Region – Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/drone-software-market-164228429.html [http://www.marketsandmarkets.com/Market-Reports/drone-software-market-164228429.html?utm_source=PRNewswire&utm_medium=referral&utm_campaign=paidpr ]
Drone Services Market By Industry (Infrastructure, Agriculture, Entertainment, Logistics), Application (Aerial Photography & Remote Sensing, Data Acquisition & Analytics) , Type of Drone, Duration of Service, and Region – Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/drone-services-market-80726041.html [http://www.marketsandmarkets.com/Market-Reports/drone-services-market-80726041.html?utm_source=PRNewswire&utm_medium=referral&utm_campaign=paidpr ]
Drone Identification System Market By Application (Drone Mounting, Ground Station), Technology (Identification & Detection, Countermeasures), End User (Military, Commercial, Homeland Security), and Region – Global Forecast to 2022 http://www.marketsandmarkets.com/Market-Reports/drone-identification-market-85835738.html [http://www.marketsandmarkets.com/Market-Reports/drone-identification-market-85835738.html?utm_source=PRNewswire&utm_medium=referral&utm_campaign=paidpr ]
Subscribe Reports from Aerospace Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp [http://www.marketsandmarkets.com/Knowledgestore.asp?utm_source=PRNewswire&utm_medium=Referral&utm_campaign=Subscription_AT ]
MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Rohan MarketsandMarkets(TM) 701 Pike Street Suite 2175, Seattle, WA 98101, United States Tel: +1-888-600-6441 Email: firstname.lastname@example.org
Visit Our Blog@ http://mnmblog.org/market-research/aerospace-defence
Copyright (C) 2017 PR Newswire Europe
More from MarketWatch More Coverage