North America Drone Simulator Market Dynamics and Trends by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

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)

Report Date : Oct 2021
Report Code : TIPRE00025176

Category : Aerospace and Defense
Status : Published

Available Report Formats :
No. of Pages : 114

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

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.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

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

North America Drone Simulator Report Scope

Report Attribute	Details
Market size in 2021	US$ 251.38 Million
Market Size by 2028	US$ 535.17 Million
Global CAGR (2021 - 2028)	11.4%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Component Hardware Software By Simulator Type Fixed and Portable By Drone Type Fixed Wing and Rotary Wing By Technology Augmented Reality and Virtual Reality
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	BLUEHALO CAE Inc. General Atomics HAVELSAN A.S. Israel Aerospace Industries Ltd. L3Harris Technologies, Inc. Leonardo S.p.A. Quantum3D SIMLAT UAS SIMULATION

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the North America Drone Simulator Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

North America Drone Simulator Market Report Snapshots

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