The global drone simulator market size is expected to reach USD 2.46 billion by 2030, according to a new study by Polaris Market Research. The report “Drone Simulator Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software); By Drone; By System (Fixed, Portable); By Application; By Device; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The growing demand for the simulators in the defense & military and commercial sector for training, mapping, and surveying applications is expected to drive industry growth. Furthermore, rising defense spending and the adoption of UAVs due to their cost-effectiveness are essential factors driving demand.
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In addition, the growing demand for the UAVs for training purposes in the military sector is rising as it reduces physical damage and causalities during the sessions. The adoption of synthetic training environments across developing economies such as India, Brazil, Japan, and China to replicate real-world conditions is likely to complement the industry growth.
The COVID-19 pandemic had a negative impact on the demand for the market owing to the negligible production of software and hardware required for the development of UAVs, and the reduction in training activities due to the global lockdown haltered the market. Moreover, stringent government rules have also created hindrances in industry growth.
Drone Simulator Market Report Highlights
Polaris Market Research has segmented the drone simulator market report based on component, drone, system, application, device and region:
Drone Simulator, Component Outlook (Revenue - USD Billion, 2018 - 2030)
Drone Simulator, Drone Outlook (Revenue - USD Billion, 2018 - 2030)
Drone Simulator, System Outlook (Revenue - USD Billion, 2018 - 2030)
Drone Simulator, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Drone Simulator, Device Outlook (Revenue - USD Billion, 2018 - 2030)
Drone Simulator, Regional Outlook (Revenue - USD Billion, 2018 - 2030)