Jay Clemens
Technavio has released a new report that estimates the global unmanned aerial vehicle flight training and simulation market’s compound annual growth rate at 6.06 percent from 2014 through 2019.
The report indicates that the growing demand for UAVs over the forecast period will drive the market, which will also see an increase in the use of synthetic vision concepts, Reportlinker said Wednesday.
Technavio cited cyber attacks as a major challenge for the market.
The report profiles the following tier-one market players:
- BAE Systems
- CAE
- Israel Aerospace Industries
- L-3 Link Simulation and Training
- Northrop Grumman
- Selex ES
- Simlat
- Textron Systems
- Thales
