Wed, Apr 09, 2014
CAE, L-3 Communications, FlightSafety International, Thales Group Top The List Of Simulator Manufacturers
Industry analyst Research and Markets has added the report "Global Helicopter Simulators Market 2014-2018 with CAE, FlightSafety International, L-3 Communications & Thales Group Dominating" to their offerings.
According to the report, the Global Helicopter Simulators market is growing at an increasing rate due to the overall developments in the technology and quality of simulation products. Among the various factors that are driving the market, increasing demand for pilots and helicopters is expected to have the highest impact on the market, mainly due to the increasing demand from the Civil segment of the market.
Helicopter pilot training institutes around the world generate the majority of the revenue in the Global Helicopter Simulators market. There is also increasing interest in full flight simulators rather than in certain types of simulation software that have limited features as they are cost-effective. Full flight simulators are available in four levels, Levels A-D, with Level D being the most sophisticated with all the latest features such as flight simulator, acceleration onset cueing, latency (engineering), Stewart platform, and collimation.
The most attractive feature of a full flight simulator is the ability to provide training within an original helicopter shell and with advanced cockpit features. Hence, this increase in demand for full flight simulation products is due to their advanced features and the ability to use them in training programs for various aircraft including jets, helicopters, and fighter planes. This rising demand is also favorable for vendors due to the high profit margin and high maintenance cost involved. Therefore, the increasing demand for full flight simulators is expected to have a high, positive impact on the Global Helicopter Simulators market during the forecast period.
Further, the report states that despite the presence of several drivers, the growth of the Global Helicopter Simulators market is faced with some serious challenges. Among these, the high initial cost of simulator systems is expected to be the most threatening challenge because cost is one of the key buying criteria in the Global Helicopter Simulators market.
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