(EMAILWIRE.COM, February 05, 2019 ) The global flight simulator market is projected to grow from USD 6.18 Billion in 2016 to USD 7.54 Billion by 2021, at a CAGR of 4.1% during the forecast period. The base year considered for the study is 2015 and the forecast period is from 2016 to 2021.

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The market size estimation for various segments and subsegments of the global flight simulator market was arrived through extensive secondary research sources, such as Airbus and Boeing aircraft market outlook, ICFI Aerospace and raw material outlook, Federal Aviation Administration, and Avalon World fleet forecast; corroboration with primaries; and further market triangulation with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to acquire the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets, and finally presented in this report.

The ecosystem of the global flight simulator market comprises raw material suppliers, manufacturers, distributors, and end users. Some of the key market players include CAE Inc. (Canada), L-3 Communications Holdings, Inc. (U.S.), FlightSafety International Inc. (U.S.), Thales Group (France), The Boeing Company (U.S.), and Rockwell Collins, Inc. (U.S.), among others. These players adopt strategies, such as agreements, partnerships, new product developments, contracts, and business expansions to strengthen their positions in the global market. They are also focusing on the development of new products with higher precision and reduced weight, by investing considerable amount of their revenue into R&D.

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