Pilot Training Market Growth $20.39 Billion By 2032 % CAGR 13.2%

Pilot Training Market Size Worth $20.39 Billion By 2032 | CAGR: 13.2%


The global pilot training market size is expected to reach USD 20.39 billion by 2032, according to a new study by Polaris Market Research. The report “Pilot Training Market Share, Size, Trends, Industry Analysis Report, By Aircraft Type (Airplane, Helicopter); By License Type; By Training Program; By Training Mode; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Market growth is attributable to the increasing expansion activities by global players through collaborations and partnerships with a view to improving their share in the global market and grabbing students' attention towards the pilot training program. For instance, in November 2023, Western Michigan University entered a partnership with Allegiant Air, a travel company, to enable access to mentorship and conditional employment opportunities for its students. This partnership addresses the global pilot shortage along with the growing demand for air travel globally. As the companies step forward with strategic partnerships with increased placement opportunities, there will be a chance of gaining traction in the job market due to the rising unemployment rates at peak levels.  

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Most of the airlines are starting pilot training institutes to tackle pilot shortages. In 2022, Alaska Airlines and Horizon Air are initiating the Ascend Pilot Academy in collaboration with the Hillsboro Aero Academy. This will help meet the rising demand for pilots among both airlines, as they are expecting to hire more than 2,000 pilots by 2025. The rise in retirements among pilots is driving the demand for pilot training programs. According to the Regional Airline Association, America will lose half of its pilots due to retirements in the coming 15 years. America Airlines is expecting an increase in the retirements of pilots by more than 5,000 to 15,000 in the next seven years. This trend will facilitate the requirement for pilot training programs throughout the forecast timeframe.

Pilot Training Market Report Highlights

  • The airplane segment is anticipated to witness the highest growth in the coming years due to the growing demand for commercial airplanes.
  • The commercial pilot license segment accounts for the largest market share owing to rising global trade.
  • The commercial pilot training segment is projected to experience a larger revenue share due to the growing demand for commercial pilots.
  • The Flight Training segment is expected to witness significant growth due to its effectiveness in providing the required skills and practical experience.
  • Europe is projected to register the largest growth rate in the study period owing to the rising establishment of pilot training programs.
  • Asia Pacific is expected to have the fastest growth owing to the rising demand for air travel and increasing initiatives to promote the aviation industry.
  • The global players include BAA Training, CAE Inc, Epic Flight Academy, FlightSafety International, Global Training & Aviation, Indra Sistemas, L3Harris Technologies & US Aviation.

Polaris Market Research has segmented the pilot training market report based on aircraft type, license type, training program, training mode, and region:

Pilot Training, Aircraft Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Airplane
    • Airbus 320
      • Flight Training
      • Simulator Training
      • Ground Training
      • Recurrent Training
    • Boeing 737
      • Flight Training
      • Simulator Training
      • Ground Training
      • Recurrent Training
    • Others
  • Helicopter

Pilot Training, License Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Commercial Pilot License
  • Private Pilot License
  • Airline Transport Pilot License               

Pilot Training, Training Program Outlook (Revenue - USD Billion, 2019 - 2032)

  • Commercial Pilot Training Program
  • Cadet Pilot Training Program
  • Others

Pilot Training, Training Mode Outlook (Revenue - USD Billion, 2019 - 2032)

  • Flight Training
  • Simulator Training
  • Ground Training
  • Recurrent Training

Pilot Training, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Pilot Training Market Report Scope

Report Attributes

Details

Market Size Value in 2024

USD 7.57 billion

Revenue Forecast in 2032

USD 20.39 billion

CAGR

13.2% from 2024 – 2032

Base Year

2023

Historical Data

2019 – 2022

Forecast Period

2024 – 2032

Quantitative Units

Revenue in USD billion and CAGR from 2024 to 2032

Segments Covered

By Aircraft Type, By License Type, By Training Program, By Training Mode, By Region

Regional Scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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