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Showing posts with the label Flight Simulator Market share

Flight Simulator Market Share, Size, Trends – 2022-2029

  Flight Simulator Market Flight Simulator Market registered a revenue of USD 6.2 billion in 2021 and is projected to reach USD 9.5 billion in 2029, growing at a CAGR of 5.5% during the forecast period. The factors driving the growth of Flight Simulator Market includes rapid growth in the tourism sector, growing demand for effective pilot training solutions, rise in the air passenger traffic around the world and increasing use of Unmanned ariel Vehicles by defense forces. According to the report published by Statista, the Global Unmanned Ariel Vehicle (UAV) Market was estimated around USD 23.60 billion in 2021 and is expected to reach USD 77.69 billion by the end of 2030, growing at a CAGR of 14.6% over the forecast period, which will boost the demand for flight simulators in the approaching years. Moreover, collaborations between leading industry players, rising trend of adopting advanced technologies such as Augmented Reality (AR) and Virtual Reality (VR) in pilot training prog...