Annual Growth Rate Projected To Be More Than Five Percent
The flight simulator market is projected to grow from $5.7 billion in 2019 to $7.7 billion by 2025, at a CAGR of 5.2% from 2019 to 2025. Flight simulators have been witnessing a growing demand due to characteristics, such as reliability and provision of safe flight operations. Acceptance of virtual training to ensure aviation safety, such as risk associated with the life of the pilot and aircraft is also supporting the demand for flight simulators.