- The key vendors in the Global Business Jets Simulators Market 2014-2018 are CAE Inc., FlightSafety International Inc., Level 3 Communication Holdings and Rockwell Collins Inc.
London, 23 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Business Jets Simulators Market 2014-2018. One of the major trends in the market is the increasing demand for full flight simulators because of their flexibility and cost effectiveness.
A business jet simulator is a device that artificially creates the experience of a business jet cockpit and various environmental factors such as climate and terrain effects thereby building a real-time flying experience for the user. These simulators are used for pilot training and entertainment purposes, and are available in various price ranges addressing different demands.
“The increase in demand for full flight simulation products is because of their advanced features and the ability to use them in training programs for various aircraft including business jets, helicopters, and fighter planes,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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