The drone simulator market in MEA is expected to reach US$ 80.62 million by 2028 from US$ 43.69 million in 2021; it is estimated to grow at a CAGR of 9.1% from 2021 to 2028.
Despite severe economic contractions caused by the COVID-19 pandemic and the series of lockdown restriction imposed across many countries, expenditure on military and defense climbed dramatically in SAM countries. Furthermore, organizations are creating networks to encourage the use of drones, resulting in the growth of the drone simulator industry, creating profitable conditions for drone simulator suppliers. The MEA has the presence of several drone simulator manufacturers, such as HAVELSAN Inc., Israel Aerospace Industries Ltd., and Simlat Ltd., which bolsters the market growth in the region. The use of drones to deliver medical supplies across the MEA has positively impacted the drone simulator market in the region. For instance, Zipline had been trialing its drone delivery systems for the transportation of lightweight medical supplies in Rwanda and Ghana for years. In June 2021, the company's CEO said that the company had delivered at least 2.6 million COVID-19 vaccine doses in Ghana and also planned to deliver over 2.4 million more vaccines with a particular focus on remote areas, by the end of 2021. This factor is influencing the growth of the drone simulator market in the MEA. Additionally, wide deployment of AI is among the other factors expected to fuel the demand for drone simulator in MEA.
Based on technology, virtual reality segment led the MEA drone simulator market in 2020. Virtual reality-based (VR-based) drone simulators allow users to immerse themselves in virtual reality for training. Going beyond software, these simulators employ other ways, such as water spray, wind effect, vibration, and physical motion, to make the immersive effect more realistic. Companies are also providing virtual reality simulators for educational purposes.
The MEA drone simulator market is majorly affected by disruptions in supply chains during the COVID-19 pandemic. This is mainly ascribed to the closed borders of countries. Further, the demand for drones decreased in 2020 in the MEA countries. This has resulted in the loss of businesses of drone simulator manufacturers offering their products to end users in the MEA. Moreover, the demand for advanced drone components, including various types of portable drone simulator for military drone fleet and commercial aviation fleet among the drone manufacturers, military forces, and MRO service providers, decreased significantly in 2020.
The MEA 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 MEA 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 MEA. CAE Inc.; HAVELSAN A.S.; Israel Aerospace Industries Ltd.; L3Harris Technologies, Inc.; Leonardo S.p.A.; SIMLAT UAS SIMULATION; 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. MEA 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. MEA Drone Simulator Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Military and Commercial Applications Witnessing Usage of Drones
5.1.2 Significant Investment Rise in Research and Development for Military Simulation
5.2 Market Restraints
5.2.1 Concerns Regarding Sophisticated Design of Drones
5.3 Market Opportunities
5.3.1 Huge Defence Spending
5.4 Future Trends
5.4.1 Wide Deployment of AI
5.5 Impact Analysis of Drivers and Restraints
6. Drone Simulator Market - MEA Analysis
6.1 MEA Drone Simulator Market Overview
6.2 MEA Drone Simulator Market -Revenue and Forecast to 2028 (USD Million)
7. MEA Drone Simulator Market Analysis - by Component
7.1 Overview
7.2 MEA 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. MEA Drone Simulator Market Analysis - By Simulator Type
8.1 Overview
8.2 MEA 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. MEA Drone Simulator Market Analysis - By Drone Type
9.1 Overview
9.2 MEA 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. MEA Drone Simulator Market Analysis - By Technology
10.1 Overview
10.2 MEA 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. MEA Drone Simulator Market - Country Analysis
11.1 Overview
11.1.1 MEA Drone Simulator Market Breakdown, By Country
11.1.1.1 Saudi Arabia Drone Simulator Market, Revenue and Forecast to 2028 (USD Mn)
11.1.1.1.1 Saudi Arabia Drone Simulator Market Breakdown, By Component
11.1.1.1.2 Saudi Arabia Drone Simulator Market Breakdown, By Simulator Type
11.1.1.1.3 Saudi Arabia Drone Simulator Market Breakdown, By Drone Type
11.1.1.1.4 Saudi Arabia Drone Simulator Market Breakdown, By Technology
11.1.1.2 UAE Drone Simulator Market, Revenue and Forecast to 2028 (USD Mn)
11.1.1.2.1 UAE Drone Simulator Market Breakdown, By Component
11.1.1.2.2 UAE Drone Simulator Market Breakdown, By Simulator Type
11.1.1.2.3 UAE Drone Simulator Market Breakdown, By Drone Type
11.1.1.2.4 UAE Drone Simulator Market Breakdown, By Technology
11.1.1.3 South Africa Drone Simulator Market, Revenue and Forecast to 2028 (USD Mn)
11.1.1.3.1 South Africa Drone Simulator Market Breakdown, By Component
11.1.1.3.2 South Africa Drone Simulator Market Breakdown, By Simulator Type
11.1.1.3.3 South Africa Drone Simulator Market Breakdown, By Drone Type
11.1.1.3.4 South Africa Drone Simulator Market Breakdown, By Technology
11.1.1.4 Rest of MEA Drone Simulator Market, Revenue and Forecast to 2028 (USD Mn)
11.1.1.4.1 Rest of MEA Drone Simulator Market Breakdown, By Component
11.1.1.4.2 Rest of MEA Drone Simulator Market Breakdown, By Simulator Type
11.1.1.4.3 Rest of MEA Drone Simulator Market Breakdown, By Drone Type
11.1.1.4.4 Rest of MEA Drone Simulator Market Breakdown, By Technology
12. Impact of COVID-19 Pandemic on MEA Drone Simulator Market
12.1 MEA
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 SIMLAT UAS SIMULATION
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 SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED
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
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. MEA Drone Simulator Market - Revenue and Forecast to 2028 (USD Million)
Table 2. MEA Drone Simulator Market, Revenue and Forecast to 2028 - By Country (USD Mn)
Table 3. Saudi Arabia Drone Simulator Market, Revenue and Forecast to 2028 - By Component (USD Mn)
Table 4. Saudi Arabia Drone Simulator Market, Revenue and Forecast to 2028 - By Simulator Type (USD Mn)
Table 5. Saudi Arabia Drone Simulator Market, Revenue and Forecast to 2028 - By Drone Type (USD Mn)
Table 6. Saudi Arabia Drone Simulator Market, Revenue and Forecast to 2028 - By Technology (USD Mn)
Table 7. UAE Drone Simulator Market, Revenue and Forecast to 2028 - By Component (USD Mn)
Table 8. UAE Drone Simulator Market, Revenue and Forecast to 2028 - By Simulator Type (USD Mn)
Table 9. UAE Drone Simulator Market, Revenue and Forecast to 2028 - By Drone Type (USD Mn)
Table 10. UAE Drone Simulator Market, Revenue and Forecast to 2028 - By Technology (USD Mn)
Table 11. South Africa Drone Simulator Market, Revenue and Forecast to 2028 - By Component (USD Mn)
Table 12. South Africa Drone Simulator Market, Revenue and Forecast to 2028 - By Simulator Type (USD Mn)
Table 13. South Africa Drone Simulator Market, Revenue and Forecast to 2028 - By Drone Type (USD Mn)
Table 14. South Africa Drone Simulator Market, Revenue and Forecast to 2028 - By Technology (USD Mn)
Table 15. Rest of MEA Drone Simulator Market, Revenue and Forecast to 2028 - By Component (USD Mn)
Table 16. Rest of MEA Drone Simulator Market, Revenue and Forecast to 2028 - By Simulator Type (USD Mn)
Table 17. Rest of MEA Drone Simulator Market, Revenue and Forecast to 2028 - By Drone Type (USD Mn)
Table 18. Rest of MEA Drone Simulator Market, Revenue and Forecast to 2028 - By Technology (USD Mn)
Table 19. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Drone Simulator Market Segmentation
Figure 2. MEA Drone Simulator Market Segmentation - By Country
Figure 3. MEA 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. UAE held Largest Market Share in 2020
Figure 8. Porter's Five Forces Analysis
Figure 9. Expert Opinion
Figure 10. MEA Drone Simulator Market: Impact Analysis of Drivers and Restraints
Figure 11. MEA Drone Simulator Market - Revenue and Forecast to 2028 (USD Million)
Figure 12. MEA Drone Simulator Market Revenue Share, By Component (2020 and 2028)
Figure 13. MEA Hardware: Drone Simulator Market Revenue and Forecast to 2028 (US$ million)
Figure 14. MEA Software: Drone Simulator Market Revenue and Forecast to 2028(US$ million)
Figure 15. MEA Drone Simulator Market Revenue Share, by Simulator Type (2020 and 2028)
Figure 16. MEA Fixed: Drone Simulator - Revenue and Forecast to 2028 (US$ million)
Figure 17. MEA Portable: Drone Simulator Market- Revenue and Forecast to 2028 (US$ million)
Figure 18. MEA Drone Simulator Market Revenue Share, by Drone Type (2020 and 2028)
Figure 19. MEA Fixed Wing: Drone Simulator - Revenue and Forecast to 2028 (US$ million)
Figure 20. MEA Rotary Wing: Drone Simulator Market- Revenue and Forecast to 2028 (US$ million)
Figure 21. MEA Drone Simulator Market Revenue Share, by Technology (2020 and 2028)
Figure 22. MEA Augmented Reality: Drone Simulator - Revenue and Forecast to 2028 (US$ million)
Figure 23. MEA Virtual Reality: Drone Simulator Market- Revenue and Forecast to 2028 (US$ million)
Figure 24. MEA Drone Simulator Market, by Key Country - Revenue (2020) (USD Mn)
Figure 25. MEA Drone Simulator Market Breakdown, By Country, 2020 & 2028 (%)
Figure 26. Saudi Arabia Drone Simulator Market, Revenue and Forecast To 2028 (USD Mn)
Figure 27. UAE Drone Simulator Market, Revenue and Forecast To 2028 (USD Mn)
Figure 28. South Africa Drone Simulator Market, Revenue and Forecast To 2028 (USD Mn)
Figure 29. Rest of MEA Drone Simulator Market, Revenue and Forecast To 2028 (USD Mn)
Figure 30. Impact of COVID-19 Pandemic in MEA Country Markets
The List of Companies - Middle East and Africa Drone Simulator Market
- CAE Inc.
- HAVELSAN A.S.
- Israel Aerospace Industries Ltd.
- L3Harris Technologies, Inc.
- Leonardo S.p.A.
- SIMLAT UAS SIMULATION
- SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED