Drone simulator market is anticipated to grow at a CAGR of 13.5% during the forecast period (2024-2031). The market growth is driven by the rising demand for drones in the defense sector, increasing investment by governments in drone R&D, increasing applications for drones in the commercial sector, and the affordability of drone simulation and testing software. Further, the market trend is expected to move towards integration of augmented reality (AR) and virtual reality (VR) technology in drone simulation, demand for trained pilots, adoption of 3D simulation, and regulatory compliance for the drone market.
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The growing demand for qualified drone operators is one of the key reasons moving the drone simulator industry forward. As organizations use drones for functions such as aerial surveillance, mapping, and delivery services, there is an increasing demand for qualified individuals who can operate these advanced devices. Further, the demand has resulted in the creation of several training institutes and centers leveraging simulation technology. For instance, in February 2021, Indira Gandhi Rashtriya Uran Akademi, an autonomous body under the aegis of the Ministry of Civil Aviation and one of the largest flight training organizations in the country, began DGCA-certified training at India’s first and exclusive Drone Flying Site in Gurugram, along with its Drone Training Partner, M/s Drone Destination Private Limited. Also as informed by the Ministry of Civil Aviation to Indian the Parliament in February 2023, the DGCA has approved 44 drone training schools across the country. These training schools have certified 2521 drone pilots.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Drone Simulator Market Report Segment
By Component
- Software
- Hardware
By End-User
- Commercial
- Military & Defense
By Drone Type
- Fixed Wing
- Rotary Wing
Global Drone Simulator Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- The Middle East and Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global drone simulator market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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