The Growing Importance of Drone Simulators for Defense Components
The Drone Simulator Market is projected to grow from USD 799 million in 2022 to USD 1,501 million by 2027, at a CAGR of 13.4% from 2022 to 2027, according to a report by MarketsandMarkets. The report, titled “Drone Simulator Market by Application (Commercial, Military), Component (Software, Hardware), Device Type (Augmented Reality, Virtual Reality), Drone Type (Fixed Wing, Rotary...
Drone Simulator Market Worth $1,501 Million by 2027 at a CAGR of 13.4%
The Drone Simulator Market size is projected to grow from USD 799 million in 2022 to USD 1,501 million by 2027, at a CAGR of 13.4% from 2022 to 2027. Drone simulators are designed to resemble the operation of a real-world system or process associated with drone flying instruction. It is an application that enables drone pilots to train on a computer without risking damage to a real model....
Drone Simulator Market Opportunities and Challenges by 2022
The Drone Simulator Market is projected to grow from an estimated USD 376.9 Million in 2017 to USD 764.7 Million by 2022, at a CAGR of 15.20% from 2017 to 2022. The increasing use of drones for commercial and military applications has led to increased demand for drone pilots across the globe, thereby fueling the growth of the drone simulator market.
Key Market Players
Major players...