March 29, 2020

Drone Simulator Software Market will be growing at a CAGR of 17.2% during the forecast period from 2018 to 2026

According to a new market research report published by Credence Research “Drone Simulator Software Market – Growth, Future Prospects, and Competitive Analysis, 2018 – 2026”, the global market for drone simulator software is estimated to grow by 17.2% in the CAGR during the forecast period from 2018 to 2026.

Market Insights

Drones have emerged in the last few years as one of the most dynamic and promising sectors. Overall industry sales are expected to reach 3 Mn by the end of 2018, creating huge opportunities for adjacent markets such as drone simulator software. Apart from the defense sector, drones are now rapidly gaining momentum in the commercial and personal sectors. However, due to the significantly higher costs of these drones, training is a very important part for consumers who are willing to pilot a drone. Considering the complexity and difficulty of flying and controlling drones, drone simulators have gained immense importance over the last few years.

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The overall market for drone simulator software is driven primarily by the increasing consumption of drones worldwide. Since 2013, the total number of drones sold has more than quadrupled, driving the simulator software market significantly. Demand for drones has increased exponentially across applications such as surveillance, photography, delivery, and sport, among others. This further increased the need for related flight training, thus having a positive impact on the market growth of drone simulation. In addition, the ease of installing this software on your computer makes it even more popular to adopt. Training can be controlled by using existing gears such as keyboards, mouse or joysticks, making the drone simulator convenient and cost-effective.

The overall market for drone simulator software is categorized on the basis of the operating system and the application. On the basis of an operating system, the market is divided into Windows, Mac, and Linux. In terms of application, the market has been categorized as defense & law enforcement and commercial. In 2017, the defense & law enforcement segment led the market, accounting for more than 65 percent of the global market value. Geographically, the market is led by North America, which contributes more than 30% of the total market value. The market is mainly driven by the presence here of huge drone industry. In addition, the huge success and ever-increasing popularity of the Drone Racing League (DRL), the U.S. professional drone racing league, is further contributing to market growth here.

Some of the major players profiled in the report are Aegis Technologies, CAE, Inc., Zen Technologies Ltd., Leonardo S.p.A., HELI-X, Selex ES, RealFlight Software, ImmersionRC Ltd., L-3 Link Simulation & Training and Hotprops among others.

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[Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]

Report Scope by Segments

By Operating System Segment

  • Windows
  • Mac
  • Linux

By Application Segment

  • Defense & Law Enforcement
  • Commercial

By Geography Segment

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

Key questions answered in this report

  • What is the global market size?
  • What are the current trends affecting the drone simulator software market?
  • What are the valuable opportunities for the players?
  • What are the key strategies adopted by the leading players in the market?
  • Which are the emerging markets?

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