It is estimated that the market for unmanned aircraft training would reach US$ 265.2 million in 2023 and expand at a robust 15.6% CAGR from 2023 to 2033. In regard to UAV training, UAV training and stimulation is defined as a model that the pilot utilizes to understand how a system or process in the real world functions.
This stimulation and training method helps to improve the drone pilot’s performance. This helps pilots gain more practical experience for real-world situations by providing a synthetic environment for them to operate in. The surge in demand for military drones is anticipated to boost market expansion.
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The usage of unmanned aerial vehicles (UAVs) has expanded quickly in a number of contexts, including maritime surveillance, oil and gas exploration, power plant assessments, and military tasks, among others, which calls for aircraft training. This is predicted to drive the unmanned aircraft training market’s growth throughout the course of the forecast year.
Major Stakeholders
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Da-jiang innovations science and technology co. Ltd.
- Aerovironment Inc.
- The Boeing Company
- Textron Inc.
- L3Harris Technologies Inc.
- Saab ab
- Parrot SA
- 3d robotics Inc.
- AscTec
- Xaircraft
- Israel aerospace industries ltd.
Key Driving Forces Accelerating the Market Growth
- The global unmanned aircraft training market is projected to reach US$ 1,130.1 million by 2033.
- The market witnessed 10.2% CAGR between 2018 and 2022.
- Remotely Piloted unmanned aircraft training in operation segment dominates the market with 76.6% market share in 2023.
- Under drone type, military unmanned aircraft training dominates the market and are valued at US$ 180.3 million in 2023.
- Based on region, demand for unmanned aircraft training expected to increase at CAGR of 16.4% in East Asia during the forecast period.
“Increase in Defence Expenditure to Boosts the Unmanned Aircraft Training Market,” says a Fact.MR analyst.
Market Development
Governments have invested in the development of drones and UAV technology. As a result, there has been a noticeable increase in the use of the UAVs and simulators by defence and law enforcement agencies around the world. The world militaries are now focused on maintaining small but capable aircraft, driving them to purchase a new generation of aircraft with advanced features and sophisticated cockpits. This factor creates a demand for pilot training on new aircraft interfaces, driving the procurement of corresponding training aircraft variants. During the anticipated period, these factors can help the global unmanned aircraft training market grow.
All the industry leader in ICT are making their own strategy to stand out from other competitors in the unmanned traffic management market. The brands like AirMap, Altitude Angel, Wing, Analytical Graphics, Inc., Delair, Unifly, DJI, Frequentis, Nova Systems, PrecisionHawk, Thales Group, Leonardo and others other leading players have rolled up their sleeves to enter the market and make their brand presence in the segment.
In order to reduce maintenance costs and operating costs, the global market for unmanned traffic management is mostly consolidated with few small and medium sized players.
Industry Research
By Drone Type :
- Fixed Wing Drone
- Rotary Wing Drone
By Operation :
- Autonomous Drone
- Remotely Piloted Drone
By Application :
- Filming & Photography
- Inspection & Maintenance
- Mapping & Surveying
- Precision Agriculture
- Surveillance & Monitoring
- Others
By End Use :
- Civil
- Commercial
- Military
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East and Africa (MEA)
The Unmanned Traffic Management (UTM) market report answers important questions which include:
- What does the status of the Unmanned Traffic Management (UTM) market look like after the forecast period?
- Which region has the highest contribution to the global Unmanned Traffic Management (UTM) market and why?
- Which players remain at the top of the global Unmanned Traffic Management (UTM) market?
- What opportunities are available for the Unmanned Traffic Management (UTM) market players to expand their production footprint?
- Which segment has the maximum impact on the global Unmanned Traffic Management (UTM) market?
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