Light Simulator Market Set for 4.7% CAGR Growth, Driven by Rising Global Pilot Training Demand

The worldwide flight simulator market was valued at USD 5.90 billion in 2024 and is expected to grow to USD 6.21 billion in 2025. Forecasts indicate the market will expand further to USD 8.59 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.7% during 2025-2032.

Overview of Flight Simulators

Flight simulators are sophisticated training devices combining electrical and mechanical components to realistically replicate the experience of piloting an aircraft. They provide a safe, controlled environment for pilots to hone their skills without the risks or costs associated with real flight hours. Their adoption spans commercial airlines, military training programs, aviation education, and research institutions, driven by cost efficiency and operational safety.

Impact of COVID-19 and Market Recovery

The COVID-19 pandemic caused a notable decline in the market as airlines deferred non-essential maintenance and upgrades, reducing simulator usage. However, with the industry’s gradual recovery, demand for pilots and maintenance personnel is rising, subsequently boosting the need for flight simulators.

Rising Pilot Demand as a Growth Driver

Global aviation has witnessed robust growth due to increased air traffic and tourism, contributing to higher revenues for airlines. Yet, a wave of premature pilot retirements has created a skilled labor shortage. The urgent need for both first officers and captains is fueling greater demand for flight simulation training systems to prepare pilots for commercial operations.

Challenges

Despite strong growth prospects, the high initial capital expenditure for simulators and related infrastructure can be a barrier for smaller training institutions and financially constrained airlines.

Industry Highlights

• Thales Group recently installed an AW139 Level D Full Flight Simulator for Atlantic Airways, tailored to the Faroe Islands’ aviation training needs.
• Leading market players such as CAE Inc., FlightSafety International, L3Harris Technologies, Boeing, and Thales Group are actively engaging in mergers, acquisitions, technological innovation, and new product development to strengthen their market positions.

Notable Developments

In February 2025, Microsoft Flight Simulator (MSFS 2024) announced the addition of the Cessna 185F Skywagon to its free “Famous Flyer” series, developed in partnership with Carenado, enhancing its virtual fleet offerings.

Key Companies Profiled

• CAE Inc. (Canada)
• FlightSafety International Inc. (U.S.)
• L3Harris Technologies Inc. (U.S.)
• The Boeing Company (U.S.)
• Thales Group (France)
• TRU Simulation + Training Inc. (U.S.)
• Raytheon Technologies Corporation (U.S.)
• Indra Sistemas S.A. (Spain)
• Aero Simulation Inc. (U.S.)
• HALVESAN (Turkey)

Regional Insights

• North America dominated the market in 2024 with a valuation of USD 2.11 billion, largely due to the presence of major OEMs.
• Europe held the second-largest share, supported by budget-conscious training demands, safety regulations, and a focus on sustainability and operational efficiency.

Segment Analysis

• The Full Flight Simulator segment led the market, favored for its realistic, risk-free training environment that allows pilots to practice without real aircraft.