Operator Training Simulator Market to see Huge Growth by 2029

The global operator training simulator market is anticipated to grow at a CAGR of nearly 9.8% during the forecast period. The major players operating in the operator training simulator market including ABB Group, Applied Research Associate, Inc., Andritz Automation, Aspen Technology Inc., Aveva Group PLC, DNV-GL, DuPont, FLSmidth, Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. are inclined towards adopting various R&D strategies such as mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, catering to stay competitive in the market. These key players are also focusing on introducing innovative technologies in their operating training simulator solutions to attract significant market share across the globe.

For instance, in May 2021, CORYS Simulation (HyperionRSI Simulation) announced its participation in developing VR and digital twins for new reactors with Human Design Group, Theoris, and EDF. Also, in September 2021, the Airports Authority of India (AAI) selected ALSIM for building and designing simulators for different applications. It includes Multi Crew Coordination (MCC), Flight Simulator Training Device (FSTD), and Flight Navigation and Procedure Trainer (FNPT).

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered- 

  • By Component
  • By Operator type
  • By End-User Industry

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- ABB Group, Applied Research Associate, Inc., Andritz Automation, Aspen Technology Inc., Aveva Group PLC, DNV-GL, DuPont, FLSmidth, Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp., among others.

Operator Training Simulator Market Segmentation

By Component

  • Hardware
  • Software
  • Service

By Operator Type

  • Console Operator
  • Field Operator

By End-User 

  • Automotive & Transportation
  • Aerospace & Defense
  • Energy & Power
  • Oil & Gas
  • Medical & Healthcare
  • Others (Manufacturing)

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Regional Analysis           

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

Company Profiles 

  • ABB Group
  • Ansys, Inc.
  • Bae Systems
  • Cae Inc.
  • Cubic Corp.
  • ESI Group
  • FLSmidth
  • Kratos Defense & Security Solutions, Inc.
  • L3 Link Training & Simulation
  • Lockheed Martin Corp.
  • On24, Inc.
  • Saab Ab
  • Schneider Electric SE
  • Siemens AG
  • The Disti Corp.
  • Vendor Adoption Matrix
  • Yokogawa Electric Corp.

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