Europe Drone Simulator Market Size, Share & Industry Trends Analysis Report By Component (Hardware and Software), By System Type (Fixed and Portable), By Drone Type, By Device Type, By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Drone Simulator Market would witness market growth of 12.2% CAGR during the forecast period (2022-2028).
Using drones to revolutionize agriculture and rising private investment in the drone industry are just two of the factors driving the market's expansion. For the efficient and effective execution of various drone applications, businesses in the data processing, flight planning, workflow analytics, operation & fleet management, data capture, and SDK's sectors are working to integrate application software into the drone. This is resulting in a growing demand for drone simulators in the market.
The majority of drone simulators work on both PCs and Macs. Before making a purchase, it's crucial to review the simulator's specifications to ensure that it will function on the device. Users can customize some drone flight simulators for particular flying scenarios so they can train for the precise situations one might encounter while working as a drone pilot. The ability to alter the drone simulation environment and the kind of drone that is used in the simulation are both examples of customizations.
Germany has Europe's third-largest aerospace as well as military sector, with 2020 revenues of USD 35.4 billion, behind the UK's GBP 79 or USD 90.2 billion (including land defense systems) and France's EUR 50.9 billion or USD 58.1 billion. The UK's Defense AI Strategy, which outlines how the country will prioritize research, development, and experimentation to revolutionize the capabilities of the UK's Armed Forces, was published today by the Ministry of Defense (MoD). The demand for drone simulators in the region is thus expected to rise in the coming years.
The Germany market dominated the Europe Drone Simulator Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $103.4 million by 2028. The UK market is experiencing a CAGR of 11.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 13% during (2022 - 2028).
Based on Component, the market is segmented into Hardware and Software. Based on System Type, the market is segmented into Fixed and Portable. Based on Drone Type, the market is segmented into Fixed Wing and Rotary Wing. Based on Device Type, the market is segmented into Virtual Reality and Augmented Reality. Based on Application, the market is segmented into Military and Commercial. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Drone Simulator Market will Hit $1.6 Billion by 2028, at a CAGR of 12.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Atomics, SZ DJI Technology Co., Ltd., Leonardo SpA, CAE Inc., Israel Aerospace Industries Ltd., Zen Technologies Limited, Havelsan A.S., Simlat Ltd., ST Engineering Limited, and ImmersionRC Limited.
Scope of the Study
Market Segments Covered in the Report:
By System Type
By Drone Type
- Fixed Wing
- Rotary Wing
By Device Type
- Virtual Reality
- Augmented Reality
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- General Atomics
- SZ DJI Technology Co., Ltd.
- Leonardo SpA
- CAE Inc.
- Israel Aerospace Industries Ltd.
- Zen Technologies Limited
- Havelsan A.S.
- Simlat Ltd.
- ST Engineering Limited
- ImmersionRC Limited
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