Flight Simulator Market 2024 By Size Share Growth Rate Emerging Trends Development Status Revenue Ou
22/04/2024 Technology
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Description
Overview and Scope
The flight simulator refers to flight training devices, which are electronic or mechanical systems used for training airplane and spacecraft pilots and crew members. It involves the use of a flight simulator that enhances the skills and knowledge of the pilot by providing learning to enhance performance in the real system.
Sizing and Forecast
The flight simulator market size has grown steadily in recent years. It will grow from $5.5 billion in 2023 to $5.62 billion in 2024 at a compound annual growth rate (CAGR) of 2.2%. The growth in the historic period can be attributed to globalization of aviation training, training effectiveness and realism, military applications, airline industry expansion, regulatory requirements..
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