This new report from Stratview Research analyses the Drone Simulator Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Drone Simulator Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Drone Simulator Market is no different. Derived from the previous market scenario, the Drone Simulator Market is likely to witness an impressive CAGR of 16.2% during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
· Strategic segmentation
· Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
· Detailed Competitive Rivalry landscaping
· Market trend and forecast analysis
· Future Growth Boulevards
Market Share Analysis
Drone Simulator Market Share: By Platform Type
Based on the platform type, the market is segmented as military and commercial. The military segment is estimated to remain dominant, led by the easy affordability of drone simulators for training of military pilots and operators, against live training employing real drones.
Drone Simulator Market Share: By Device Type
Based on the device type, the market is segmented as augmented reality and virtual reality. The augmented reality segment is projected to register a higher growth during the forecast period. The growth of this segment is driven by the increasing adoption of augmented reality drone simulators in military applications which recommends a better training experience to pilots by using the real-world environment.
Drone Simulator Market Share: By Region
In terms of regions, the North American region was estimated to be the largest market for drone simulator in 2018. Countries in this region, such as the US and Canada, are depicting an increase in the adoption of simulators in the drone industry. The European and the Asia-Pacific regions are also expected to witness a high growth owing to the rising employment of drone simulators for gaming applications, such as drone racing.
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