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The global helicopter simulator market is expected to grow at a compound annual growth rate of 3.38 percent between 2016 and 2021.
ELITE Simulation Solutions debuted the TH22SM, their single seat piston helicopter trainer with motion actuation, on Aug. 4, 2016. In other recent developments, Airbus Helicopters Japan launched their first full-flight simulator for their helicopter training and simulation school in Japan (the company occupies 54 percent of Japanese helicopter market share). Iran’s defense also inducted a 209 tactical helicopter simulator on Aug. 7, 2016.
One of the key factors contributing to market growth is the growing demand for commercial aircraft. Hands-on helicopter training has become very expensive, resulting in increased popularity for the helicopter simulator market.
Additionally, a simulator allows aspiring pilots to train in the most severe conditions, something a regular trainer cannot provide. An increasing demand for pilots and helicopters, especially from the civilian segment of the market, is expected to have a high impact on the market.
The regulatory authorities of major countries have made use of simulators mandatory for certain hours. This has provided a major boost to the market, especially in Asia-Pacific, where simulator use was minimal in the past.
Furthermore, despite a few drivers, the development of the global helicopter simulator business is confronted with some serious difficulties. A high initial investment is expected to be the most debilitating challenge, since expense is one of the key purchasing criteria.
Rockwell Collins, Mechtronix and Thales Group are some of the key players in the Global Helicopter Simulator Market.