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North America Drone Simulator Market

2021

North America Drone Simulator Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware and Software), Simulator Type (Fixed and Portable), Drone Type (Fixed Wing and Rotary Wing), and Technology (Augmented Reality and Virtual Reality)

Publication Month: Oct 2021 | Report Code: TIPRE00025176 | No. of Pages: 114 | Category: Aerospace and Defense | Status: Published

Market Insights

North America Drone Simulator Market to Grow at a CAGR of 11.4% to reach US$ 535.17 million from 2021 to 2028

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The drone simulator market in North America is expected to reach US$ 535.17 million by 2028 from US$ 251.38 million in 2021; it is estimated to grow at a CAGR of 11.4% from 2021 to 2028.


The US, Canada, and Mexico are major economies in North America. Rising usage of drones in military and commercial purposes is the major factor driving the growth of the North America drone simulator market. Since more than a decade, armed forces from several countries have been using drones. Ground troops are employing small drones regularly. Military spending on unmanned aerial vehicles (UAVs) is rising as a fraction of overall military spending, which is propelling the growth of specialist drone manufacturers and simulator software developers. For instance, the preliminary examination of the Department of Defense's budget request for 2019 revealed that US$ 9.39 billion was invested in drone procurements, research and development initiatives, and manufacturing in United States. The amount is increased by 26% from the amount invested in 2018. In 2019, orders for at least 3,447 new unmanned air, ground, and marine systems were placed, representing a threefold increase over orders placed in 2018. Several drones are being developed specifically for surveillance purposes. Some drones, on the other hand, have been developed for vital missions, such as transporting weapons. Furthermore, drones are employed as loitering weapons. Drones are also employed in real-time to collect data on ongoing and life-threatening military missions using their intelligence, surveillance, and reconnaissance (ISR) capabilities. Hence, the demand for drone simulators is increasing as a result of the factors listed above.

North America is known for the highest rate of adoption of advanced technologies due to favorable government policies to boost innovation and strengthen infrastructure capabilities. As a result, any factor affecting performance of industries in the region hinders its economic growth. Currently, the US is the world's worst-affected country due to the COVID-19 outbreak, which has led governments to impose several limitations on industrial, commercial, and public activities in the country, to control the spread of infection. The led the drone manufacturers and drone MRO service providers witness significant loss during the pandemic. The drone manufacturer’s production volume decreased drastically, thereby hindering the adoption rate of different simulation solution. However, the governments of the US and Canada have maintained their defense spending levels. For instance, the defense spending in the US reached US$ 778 billion in 2020, with a yearly increase on 4.4% which led several drone manufacturers, UGV manufacturers, weapon, and combat system manufacturers to expedite the procurement rate of simulation systems. As a result, the COVID-19 pandemic and its consequences have had a nominal impact on the Drone Simulator market in North America

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America drone simulator market. The North America drone simulator market is expected to grow at a good CAGR during the forecast period.

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North America Drone Simulator Market Segmentation

North America Drone Simulator Market – By Component

  • Hardware
  • Software

North America Drone Simulator Market – By Simulator Type

  • Fixed
  • Portable

North America Drone Simulator Market – By Drone Type

  • Fixed Wing
  • Rotary Wing

North America Drone Simulator Market – By Technology

  • Augmented Reality
  • Virtual Reality

North America Drone Simulator Market, by Country

  • US
  • Canada
  • Mexico

North America Drone Simulator Market - Companies Mentioned

  • BLUEHALO
  • CAE Inc.
  • General Atomics
  • HAVELSAN A.S.
  • Israel Aerospace Industries Ltd.
  • L3Harris Technologies, Inc.
  • Leonardo S.p.A.
  • Quantum3D
  • SIMLAT UAS SIMULATION
  • SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Drone Simulator Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Bargaining Power of Buyers

4.2.2 Bargaining Power of Suppliers

4.2.3 Threat of New Entrants

4.2.4 Threat of Substitutes

4.2.5 Competitive Rivalry

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America Drone Simulator Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Rising Usage of Drones in Military and Commercial Purposes

5.1.2 Surging Expenditure in Research and Development for Military Simulation

5.2 Market Restraints

5.2.1 Complexity of Drone Simulator Systems Related Issues

5.3 Market Opportunities

5.3.1 Rising Defence Spending

5.4 Future Trends

5.4.1 Implementation of AI

5.5 Impact Analysis of Drivers and Restraints

6. Drone Simulator Market – North America Analysis

6.1 North America Drone Simulator Market Overview

6.2 North America Drone Simulator Market –Revenue and Forecast to 2028 (USD Million)

7. North America Drone Simulator Market Analysis – by Component

7.1 Overview

7.2 North America Drone Simulator Market Breakdown, By Component, 2020 and 2028

7.3 Hardware

7.3.1 Overview

7.3.2 Hardware: Drone Simulator Market Revenue and Forecast to 2028 (US$ million)

7.4 Software

7.4.1 Overview

7.4.2 Software: Drone Simulator Market Revenue and Forecast to 2028 (US$ million)

8. North America Drone Simulator Market Analysis – By Simulator Type

8.1 Overview

8.2 North America Drone Simulator Market, by Simulator Type (2020 and 2028)

8.3 Fixed

8.3.1 Overview

8.3.2 Fixed: Drone Simulator Market– Revenue and Forecast to 2028 (US$ million)

8.4 Portable

8.4.1 Overview

8.4.2 Portable: Drone Simulator Market– Revenue and Forecast to 2028 (US$ million)

9. North America Drone Simulator Market Analysis – By Drone Type

9.1 Overview

9.2 North America Drone Simulator Market, by Drone Type (2020 and 2028)

9.3 Fixed Wing

9.3.1 Overview

9.3.2 Fixed Wing: Drone Simulator Market– Revenue and Forecast to 2028 (US$ million)

9.4 Rotary Wing

9.4.1 Overview

9.4.2 Rotary Wing: Drone Simulator Market– Revenue and Forecast to 2028 (US$ million)

10. North America Drone Simulator Market Analysis – By Technology

10.1 Overview

10.2 North America Drone Simulator Market, by Technology (2020 and 2028)

10.3 Augmented Reality

10.3.1 Overview

10.3.2 Augmented Reality: Drone Simulator Market– Revenue and Forecast to 2028 (US$ million)

10.4 Virtual Reality

10.4.1 Overview

10.4.2 Virtual Reality: Drone Simulator Market– Revenue and Forecast to 2028 (US$ million)

11. North America Drone Simulator Market – Country Analysis

11.1 Overview

11.1.1 North America Drone Simulator Market Breakdown, by Country

11.1.1.1 US Drone Simulator Market, Revenue and Forecast to 2028

11.1.1.1.1 US Drone Simulator Market Breakdown, By Component

11.1.1.1.2 US Drone Simulator Market Breakdown, By Simulator Type

11.1.1.1.3 US Drone Simulator Market Breakdown, By Drone Type

11.1.1.1.4 US Drone Simulator Market Breakdown, By Technology

11.1.1.2 Canada Drone Simulator Market, Revenue and Forecast to 2028

11.1.1.2.1 Canada Drone Simulator Market Breakdown, By Component

11.1.1.2.2 Canada Drone Simulator Market Breakdown, By Simulator Type

11.1.1.2.3 Canada Drone Simulator Market Breakdown, By Drone Type

11.1.1.2.4 Canada Drone Simulator Market Breakdown, By Technology

11.1.1.3 Mexico Drone Simulator Market, Revenue and Forecast to 2028

11.1.1.3.1 Mexico Drone Simulator Market Breakdown, By Component

11.1.1.3.2 Mexico Drone Simulator Market Breakdown, By Simulator Type

11.1.1.3.3 Mexico Drone Simulator Market Breakdown, By Drone Type

11.1.1.3.4 Mexico Drone Simulator Market Breakdown, By Technology

12. Impact of COVID-19 Pandemic on North America Drone Simulator Market

12.1 North America

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 Merger and Acquisition

14. Company Profiles

14.1 L3Harris Technologies, Inc.

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 General Atomics.

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Israel Aerospace Industries Ltd.

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Leonardo S.p.A.

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 HAVELSAN A.S.

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 CAE Inc.

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 SIMLAT UAS SIMULATION

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 BLUEHALO

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Quantum3D

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Word Index

LIST OF TABLES

Table 1. North America Drone Simulator Market – Revenue and Forecast to 2028 (USD Million)

Table 2. North America Drone Simulator Market, Revenue and Forecast To 2028 – By Country (USD Mn)

Table 3. US Drone Simulator Market, Revenue and Forecast to 2028 – By Component (USD Mn)

Table 4. US Drone Simulator Market, Revenue and Forecast to 2028 – By Simulator Type (USD Mn)

Table 5. US Drone Simulator Market, Revenue and Forecast to 2028 – By Drone Type (USD Mn)

Table 6. US Drone Simulator Market, Revenue and Forecast to 2028 – By Technology (USD Mn)

Table 7. Canada Drone Simulator Market, Revenue and Forecast to 2028 – By Component (USD Mn)

Table 8. Canada Drone Simulator Market, Revenue and Forecast to 2028 – By Simulator Type (USD Mn)

Table 9. Canada Drone Simulator Market, Revenue and Forecast to 2028 – By Drone Type (USD Mn)

Table 10. Canada Drone Simulator Market, Revenue and Forecast to 2028 – By Technology (USD Mn)

Table 11. Mexico Drone Simulator Market, Revenue and Forecast to 2028 – By Component (USD Mn)

Table 12. Mexico Drone Simulator Market, Revenue and Forecast to 2028 – By Simulator Type (USD Mn)

Table 13. Mexico Drone Simulator Market, Revenue and Forecast to 2028 – By Drone Type (USD Mn)

Table 14. Mexico Drone Simulator Market, Revenue and Forecast to 2028 – By Technology (USD Mn)

Table 15. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Drone Simulator Market Segmentation

Figure 2. North America Drone Simulator Market Segmentation – By Country

Figure 3. North America Drone Simulator Market Overview

Figure 4. Hardware Segment is Expected to Dominate the Market by Component

Figure 5. Fixed Segment held Largest Market Share in 2020

Figure 6. Fixed Wing Segment held Largest Market Share in 2020

Figure 7. US held Largest Market Share in 2020

Figure 8. Porter’s Five Forces Analysis

Figure 9. Expert Opinion

Figure 10. North America Drone Simulator Market: Impact Analysis of Drivers and Restraints

Figure 11. North America Drone Simulator Market – Revenue and Forecast to 2028 (USD Million)

Figure 12. North America Drone Simulator Market Revenue Share, By Component (2020 and 2028)

Figure 13. North America Hardware: Drone Simulator Market Revenue and Forecast to 2028 (US$ million)

Figure 14. North America Software: Drone Simulator Market Revenue and Forecast to 2028(US$ million)

Figure 15. North America Drone Simulator Market Revenue Share, by Simulator Type (2020 and 2028)

Figure 16. North America Fixed: Drone Simulator – Revenue and Forecast to 2028 (US$ million)

Figure 17. North America Portable: Drone Simulator Market– Revenue and Forecast to 2028 (US$ million)

Figure 18. North America Drone Simulator Market Revenue Share, by Drone Type (2020 and 2028)

Figure 19. North America Fixed Wing: Drone Simulator – Revenue and Forecast to 2028 (US$ million)

Figure 20. North America Rotary Wing: Drone Simulator Market– Revenue and Forecast to 2028 (US$ million)

Figure 21. North America Drone Simulator Market Revenue Share, by Technology (2020 and 2028)

Figure 22. North America Augmented Reality: Drone Simulator – Revenue and Forecast to 2028 (US$ million)

Figure 23. North America Virtual Reality: Drone Simulator Market– Revenue and Forecast to 2028 (US$ million)

Figure 24. North America Drone Simulator Market, By Key Country-Revenue (2020) (USD Mn)

Figure 25. North America Drone Simulator Market Breakdown, by Country, 2020 & 2028 (%)

Figure 26. US Drone Simulator Market, Revenue and Forecast, 2018–2028 (USD Mn)

Figure 27. Canada Drone Simulator Market, Revenue and Forecast, 2018–2028 (USD Mn)

Figure 28. Mexico Drone Simulator Market, Revenue and Forecast, 2018–2028 (USD Mn)

Figure 29. Impact of COVID-19 Pandemic in North American Country Markets

  1. BLUEHALO
  2. CAE Inc.
  3. General Atomics
  4. HAVELSAN A.S.
  5. Israel Aerospace Industries Ltd.
  6. L3Harris Technologies, Inc.
  7. Leonardo S.p.A.
  8. Quantum3D
  9. SIMLAT UAS SIMULATION
  10. SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America drone simulator market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America drone simulator market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the drone simulator market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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