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Pilot Training Market Size, Share, Overview, Industry Trends & Growth by 2030

10-04-2024 09:57 AM CET | Aerospace & Defense

Press release from: Fortune Business Insights Pvt Ltd ™

Pilot Training Market

Pilot Training Market

The global pilot training market size was valued at USD 2.35 billion in 2021 and touched USD 2.96 billion in 2022. This market is estimated to reach USD 20.21 billion by 2029, exhibiting a CAGR of 31.55% during 2022-2029. Launch of technologically advanced aircraft and rising adoption of virtual reality are likely to fuel industry growth. Fortune Business Insights™ shares this information in its report titled "Pilot Training Market, 2022-2029."

𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/pilot-training-market-107092

𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭

• CAE Inc.(Canada)
• Lufthansa Aviation Training GmbH. (Germany)
• L3 Harris Technologies Inc.(U.S.)
• Flight Safety International (U.S.)
• Pan AM Flight Academy (U.S.)
• ATP Flight School. (U.S.)
• Thrust Flight. (U.S.)
•Airbus Flight Academy. (France)
•Indra Sistemas S.A (Spain)
•BAA Training (Lithuania)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬
𝐅𝐥𝐢𝐠𝐡𝐭 𝐓𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐝𝐮𝐞 𝐭𝐨 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐫𝐨𝐦 𝐒𝐤𝐢𝐥𝐥𝐞𝐝 𝐏𝐢𝐥𝐨𝐭𝐬
By training mode, the market is segmented into flight training and ground training. The flight training segment dominated the global market in 2021 due to the demand for flight training from skilled pilots.

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐏𝐢𝐥𝐨𝐭 𝐋𝐢𝐜𝐞𝐧𝐬𝐞 𝐭𝐨 𝐆𝐫𝐨𝐰 𝐚𝐭 𝐚 𝐅𝐚𝐬𝐭 𝐑𝐚𝐭𝐞 𝐀𝐭𝐭𝐫𝐢𝐛𝐮𝐭𝐚𝐛𝐥𝐞 𝐭𝐨 𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐀𝐢𝐫 𝐓𝐫𝐚𝐯𝐞𝐥
As per type of license, the market is classified into student pilot license, private pilot license, commercial pilot license, airline transport pilot license, and others. The commercial pilot segment is likely TO grow at with the highest CAGR over the forecast period due to rising air travel demand.

𝐀𝐢𝐫𝐩𝐥𝐚𝐧𝐞 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐎𝐰𝐢𝐧𝐠 𝐭𝐨 𝐑𝐢𝐬𝐢𝐧𝐠 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐢𝐞𝐬Based on aircraft type, the market is categorized into airplane and helicopter. The airplane segment is likely to lead due to rising aircraft deliveries.
Regionally, the market is classified into North America, Europe, Asia Pacific, and the rest of the world.

𝐀𝐬𝐤 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/pilot-training-market-107092

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬
𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐒𝐤𝐢𝐥𝐥𝐞𝐝 𝐏𝐢𝐥𝐨𝐭𝐬 𝐭𝐨 𝐅𝐨𝐬𝐭𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐆𝐫𝐨𝐰𝐭𝐡
Pilot training comprises a flight training syllabus encompassing ground and flight schools. It is conducted for 10 to 22 months. Increasing demand for skilled pilots may boost the adoption of advanced flight training methods. Furthermore, the rising adoption of safe travels worldwide is likely to elevate the adoption of advanced training systems. Moreover, the incorporation of advanced technologies and virtual reality is likely to elevate training systems' adoption. Also, the incorporation of innovative technologies in aircraft is likely to boost the demand for pilot training systems. These factors may drive the pilot training market growth.
However, initial certification costs of pilot training are likely to hinder market progress.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬
𝐏𝐫𝐞𝐬𝐞𝐧𝐜𝐞 𝐨𝐟 𝐌𝐚𝐣𝐨𝐫 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐭𝐨 𝐅𝐨𝐬𝐭𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚
North America is projected to dominate the pilot training market share due to the presence of key players. The market in North America stood at USD 0.74 billion in 2021 and is expected to gain a huge portion of the global market share in the coming years. Further, the presence of several airports and well-established training centers is likely to elevate market growth.

In Europe, the presence of numerous training centers for pilots such as Airbus Flight Academy may elevate the adoption of pilot training. Further, the presence of advanced simulator systems may bolster market progress.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐄𝐧𝐭𝐞𝐫 𝐢𝐧𝐭𝐨 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 𝐭𝐨 𝐏𝐫𝐨𝐯𝐢𝐝𝐞 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐓𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐭𝐨 𝐏𝐢𝐥𝐨𝐭𝐬
The prominent companies operating in the market enter into partnerships to provide advanced training to pilots and enhance their brand image. For example, CAE partnered with Joby Aviation in June 2022. This partnership was undertaken by both companies for training pilots using the eVTOL platform. Joby Aviation shall overlook the landing aircraft and all-electric vertical take-off while CAE focuses on the provision and development of training devices. This strategy may enhance their product offerings and boost brand image. Furthermore, companies invest in innovations, research and development, industrial automation, and expansions to enhance their market position.

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭
𝐀𝐮𝐠𝐮𝐬𝐭 𝟐𝟎𝟐𝟐- CAE signed a 15-year partnership agreement with Qantas Group to start a new training center in Sydney, Australia.

𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/pilot-training-market-107092

𝐑𝐞𝐚𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

𝐔.𝐒. 𝐏𝐢𝐥𝐨𝐭 𝐓𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/u-s-pilot-training-market-108918

𝐌𝐢𝐥𝐢𝐭𝐚𝐫𝐲 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/military-communications-market-102696

𝐔𝐧𝐝𝐞𝐫𝐰𝐚𝐭𝐞𝐫 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/underwater-connectors-market-106577

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

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