The drone simulator market in APAC is expected to reach US$ 346.18 million by 2028 from US$ 123.93 million in 2021; it is estimated to grow at a CAGR of 15.8% from 2021 to 2028.
Several businesses and start-ups are currently studying and developing unmanned aerial vehicles (UAVs) with autonomous tools driven by artificial intelligence (AI) and machine learning (ML). The AI-powered simulators show the user how to deploy and control the drone in the field by plotting its expected flight path. For instance, Lockheed Martin, an aerospace and defense giant, provides the "Desert Hawk III" with a simulation system; this drone, intended for field usage, can be piloted by a single operator. Before takeoff, the simulation system can control the drone's predicted timing and handle any issues that arise during the flight. As a result of these advancements, technology-based hostilities between countries are escalating. Therefore, APAC countries hold huge potential for the military drone simulators market.
Based on drone type, the Europe drone simulator market fixed has been segmented into fixed wing and rotary wing. Fixed wing segment led the APAC drone simulator market in 2020. The fixed-wing drones use wings, like a regular airplane, for flight. Fixed-wing drones are significantly efficient since they utilize energy to move ahead rather than wasting it on holding themselves up in the air. Fixed-wing UAVs can be deployed to transport a variety of payloads and data-link devices. The fixed-wing aircraft has the most fantastic range of all the aircraft types. Quantum 3D provides a UAV Simulator for operator and pilot training, mission commander training, and image interpreter training across a variety of mission scenarios. The simulator is intended to conduct mission-specific or operational training by simulating a general aerodynamic model in conjunction with sensor and camera simulations.
The COVID-19 pandemic has severely impacted APAC due to wide disease spread; countries in this region are among the highly populated ones and, thus, are at greater risk of infection spread. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has affected major economies such as China, India, Australia, and Japan, which are experiencing inflation. India is the worst-hit country by the pandemic in this region. Many global brands and technological companies are headquartered in APAC. The limitations imposed by governments to control the spread of COVID-19, the impact of the disease on populations of different countries in the region, and current inability to optimally utilize production facilities are the key factors impacting military spending of Asian countries. Defense budgets have been drastically cut, resulting in low interest in drone simulators and other high-tech systems. Therefore, the COVID-19 pandemic is likely to continue to hinder the drone simulator market growth in APAC in the coming years.
The APAC drone simulator market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the APAC drone simulator market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data as well as to gain more analytical insights into the topic. The participants typically involved in this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the APAC drone simulator market. CAE Inc.; HAVELSAN A.S.; Israel Aerospace Industries Ltd.; L3Harris Technologies, Inc.; Leonardo S.p.A.; and SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED are among the key players operating in the market in this region.
TABLE OF CONTENTS
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. APAC 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. APAC Drone Simulator Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Drones Being More Widely Used in Military and Commercial Applications
5.1.2 Boost in Military Simulation Research and Development Funds
5.2 Market Restraints
5.2.1 Worries About Drone Simulator Systems' Complexity
5.3 Market Opportunities
5.3.1 Boost in Defence Spending
5.4 Future Trends
5.4.1 AI Getting Popular
5.5 Impact Analysis of Drivers and Restraints
6. Drone Simulator Market - APAC Analysis
6.1 APAC Drone Simulator Market Overview
6.2 APAC Drone Simulator Market -Revenue and Forecast to 2028 (USD Million)
7. APAC Drone Simulator Market Analysis - by Component
7.1 Overview
7.2 APAC 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. APAC Drone Simulator Market Analysis - By Simulator Type
8.1 Overview
8.2 APAC 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. APAC Drone Simulator Market Analysis - By Drone Type
9.1 Overview
9.2 APAC 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. APAC Drone Simulator Market Analysis - By Technology
10.1 Overview
10.2 APAC 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. APAC Drone Simulator Market - Country Analysis
11.1 Overview
11.1.1 APAC Drone Simulator Market Breakdown, by Country
11.1.1.1 China Drone Simulator Market, Revenue and Forecast to 2028 (USD Mn)
11.1.1.1.1 China Drone Simulator Market Breakdown, By Component
11.1.1.1.2 China Drone Simulator Market Breakdown, By Simulator Type
11.1.1.1.3 China Drone Simulator Market Breakdown, By Drone Type
11.1.1.1.4 China Drone Simulator Market Breakdown, By Technology
11.1.1.2 Japan Drone Simulator Market, Revenue and Forecast to 2028 (USD Mn)
11.1.1.2.1 Japan Drone Simulator Market Breakdown, By Component
11.1.1.2.2 Japan Drone Simulator Market Breakdown, By Simulator Type
11.1.1.2.3 Japan Drone Simulator Market Breakdown, By Drone Type
11.1.1.2.4 Japan Drone Simulator Market Breakdown, By Technology
11.1.1.3 India Drone Simulator Market, Revenue and Forecast to 2028 (USD Mn)
11.1.1.3.1 India Drone Simulator Market Breakdown, By Component
11.1.1.3.2 India Drone Simulator Market Breakdown, By Simulator Type
11.1.1.3.3 India Drone Simulator Market Breakdown, By Drone Type
11.1.1.3.4 India Drone Simulator Market Breakdown, By Technology
11.1.1.4 South Korea Drone Simulator Market, Revenue and Forecast to 2028 (USD Mn)
11.1.1.4.1 South Korea Drone Simulator Market Breakdown, By Component
11.1.1.4.2 South Korea Drone Simulator Market Breakdown, By Simulator Type
11.1.1.4.3 South Korea Drone Simulator Market Breakdown, By Drone Type
11.1.1.4.4 South Korea Drone Simulator Market Breakdown, By Technology
11.1.1.5 Australia Drone Simulator Market, Revenue and Forecast to 2028 (USD Mn)
11.1.1.5.1 Australia Drone Simulator Market Breakdown, By Component
11.1.1.5.2 Australia Drone Simulator Market Breakdown, By Simulator Type
11.1.1.5.3 Australia Drone Simulator Market Breakdown, By Drone Type
11.1.1.5.4 Australia Drone Simulator Market Breakdown, By Technology
11.1.1.6 Rest of APAC Drone Simulator Market, Revenue and Forecast to 2028 (USD Mn)
11.1.1.6.1 Rest of APAC Drone Simulator Market Breakdown, By Component
11.1.1.6.2 Rest of APAC Drone Simulator Market Breakdown, By Simulator Type
11.1.1.6.3 Rest of APAC Drone Simulator Market Breakdown, By Drone Type
11.1.1.6.4 Rest of APAC Drone Simulator Market Breakdown, By Technology
12. Impact of COVID-19 Pandemic on APAC Drone Simulator Market
12.1 APAC
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 Israel Aerospace Industries Ltd.
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 Leonardo S.p.A.
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 HAVELSAN A.S.
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 CAE Inc.
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 SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED
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
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. APAC Drone Simulator Market - Revenue and Forecast to 2028 (USD Million)
Table 2. APAC Drone Simulator Market, Revenue and Forecast To 2028 - By Country (USD Mn)
Table 3. China Drone Simulator Market, Revenue and Forecast to 2028 - By Component (USD Mn)
Table 4. China Drone Simulator Market, Revenue and Forecast to 2028 - By Simulator Type (USD Mn)
Table 5. China Drone Simulator Market, Revenue and Forecast to 2028 - By Drone Type (USD Mn)
Table 6. China Drone Simulator Market, Revenue and Forecast to 2028 - By Technology (USD Mn)
Table 7. Japan Drone Simulator Market, Revenue and Forecast to 2028 - By Component (USD Mn)
Table 8. Japan Drone Simulator Market, Revenue and Forecast to 2028 - By Simulator Type (USD Mn)
Table 9. Japan Drone Simulator Market, Revenue and Forecast to 2028 - By Drone Type (USD Mn)
Table 10. Japan Drone Simulator Market, Revenue and Forecast to 2028 - By Technology (USD Mn)
Table 11. India Drone Simulator Market, Revenue and Forecast to 2028 - By Component (USD Mn)
Table 12. India Drone Simulator Market, Revenue and Forecast to 2028 - By Simulator Type (USD Mn)
Table 13. India Drone Simulator Market, Revenue and Forecast to 2028 - By Drone Type (USD Mn)
Table 14. India Drone Simulator Market, Revenue and Forecast to 2028 - By Technology (USD Mn)
Table 15. South Korea Drone Simulator Market, Revenue and Forecast to 2028 - By Component (USD Mn)
Table 16. South Korea Drone Simulator Market, Revenue and Forecast to 2028 - By Simulator Type (USD Mn)
Table 17. South Korea Drone Simulator Market, Revenue and Forecast to 2028 - By Drone Type (USD Mn)
Table 18. South Korea Drone Simulator Market, Revenue and Forecast to 2028 - By Technology (USD Mn)
Table 19. Australia Drone Simulator Market, Revenue and Forecast to 2028 - By Component (USD Mn)
Table 20. Australia Drone Simulator Market, Revenue and Forecast to 2028 - By Simulator Type (USD Mn)
Table 21. Australia Drone Simulator Market, Revenue and Forecast to 2028 - By Drone Type (USD Mn)
Table 22. Australia Drone Simulator Market, Revenue and Forecast to 2028 - By Technology (USD Mn)
Table 23. Rest of APAC Drone Simulator Market, Revenue and Forecast to 2028 - By Component (USD Mn)
Table 24. Rest of APAC Drone Simulator Market, Revenue and Forecast to 2028 - By Simulator Type (USD Mn)
Table 25. Rest of APAC Drone Simulator Market, Revenue and Forecast to 2028 - By Drone Type (USD Mn)
Table 26. Rest of APAC Drone Simulator Market, Revenue and Forecast to 2028 - By Technology (USD Mn)
Table 27. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Drone Simulator Market Segmentation
Figure 2. APAC Drone Simulator Market Segmentation - By Country
Figure 3. APAC 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. China held Largest Market Share in 2020
Figure 8. Porter's Five Forces Analysis
Figure 9. Expert Opinion
Figure 10. APAC Drone Simulator Market: Impact Analysis of Drivers and Restraints
Figure 11. APAC Drone Simulator Market - Revenue and Forecast to 2028 (USD Million)
Figure 12. APAC Drone Simulator Market Revenue Share, By Component (2020 and 2028)
Figure 13. APAC Hardware: Drone Simulator Market Revenue and Forecast to 2028 (US$ million)
Figure 14. APAC Software: Drone Simulator Market Revenue and Forecast to 2028(US$ million)
Figure 15. APAC Drone Simulator Market Revenue Share, by Simulator Type (2020 and 2028)
Figure 16. APAC Fixed: Drone Simulator - Revenue and Forecast to 2028 (US$ million)
Figure 17. APAC Portable: Drone Simulator Market- Revenue and Forecast to 2028 (US$ million)
Figure 18. APAC Drone Simulator Market Revenue Share, by Drone Type (2020 and 2028)
Figure 19. APAC Fixed Wing: Drone Simulator - Revenue and Forecast to 2028 (US$ million)
Figure 20. APAC Rotary Wing: Drone Simulator Market- Revenue and Forecast to 2028 (US$ million)
Figure 21. APAC Drone Simulator Market Revenue Share, by Technology (2020 and 2028)
Figure 22. APAC Augmented Reality: Drone Simulator - Revenue and Forecast to 2028 (US$ million)
Figure 23. APAC Virtual Reality: Drone Simulator Market- Revenue and Forecast to 2028 (US$ million)
Figure 24. APAC Drone Simulator Market, by Key Country - Revenue (2020) (USD Mn)
Figure 25. APAC Drone Simulator Market Breakdown, by Country, 2020 & 2028 (%)
Figure 26. China Drone Simulator Market, Revenue and Forecast To 2028 (USD Mn)
Figure 27. Japan Drone Simulator Market, Revenue and Forecast To 2028 (USD Mn)
Figure 28. India Drone Simulator Market, Revenue and Forecast To 2028 (USD Mn)
Figure 29. South Korea Drone Simulator Market, Revenue and Forecast To 2028 (USD Mn)
Figure 30. Australia Drone Simulator Market, Revenue and Forecast To 2028 (USD Mn)
Figure 31. Rest of APAC Drone Simulator Market, Revenue and Forecast to 2028 (USD Mn)
Figure 32. Impact of COVID-19 Pandemic in APAC Country Markets
The List of Companies - Asia Pacific Drone Simulator Market
- CAE Inc.
- HAVELSAN A.S.
- Israel Aerospace Industries Ltd.
- L3Harris Technologies, Inc.
- Leonardo S.p.A.
- SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED