Helicopter Simulator Market Analysis, Overview and Forecasts 2016-2020

Technavio Announces the Publication of its Research Report – Global Helicopter Simulator Market 2016-2020

Technavio recognizes the following companies as the key players in the global helicopter simulator market: CAE, Elite Simulation Systems, Frasca Flight Simulation, Rockwell Collins, and Thales.

Other Prominent Vendors in the market are: Indra Sistemas, Lockheed Martin, L-3 Link Simulation and Training, Northrop Grumman, and Tru Simulation + Training.

Commenting on the report, an analyst from Technavio’s team said: “LVC-based training will be a major key trend for the market growth. With the introduction of live, virtual, and constructive (LVC) training, the pilot is put in an environment very similar to the challenges faced on a battlefield. This training prepares military pilots for combat missions, which includes emergency evacuation and coordination with ground operations.”

Browse full report with TOC@ https://marketreportscenter.com/reports/344108/global-helicopter-simulator-market-2016-2020

According to the report, growing demand for helicopter simulators will be a key driver for market growth. The demand for helicopters is significantly increasing due its wide range of commercial and military applications, some of which include tourism, oil and gas exploration activities, and corporate purpose. According to Honeywell Civil Helicopter Purchase Outlook (17th annual), it is expected that 4,750-5,250 fleet of new civil rotorcraft will be delivered during 2015-2019.

Further, the report states that high initial cost of simulators will be a challenge against the market growth. A massive initial investment is required for simulators, and a large percentage of the cost involves aircraft OEM data package license fees, instruments, parts, and avionics. The cost of maintenance and spare parts for a simulator is also expensive. Simulator maintenance requires a high-ceiling building to conduct regular checks and to ensure the system is still fully...