The US Fighter Jet & Military Aircraft Simulation Market size is valued at USD 5.6 billion in 2023 & is estimated to grow at a CAGR of around 12.04% during the forecast period, i.e., 2024-30.
Increasing Adoption of Artificial Intelligence (AI) and Virtual Reality (VR) to Boost Market Growth – In recent years, Artificial Intelligence (AI) and Virtual Reality (VR) are increasingly being adopted by aircraft simulation systems providers like Frasca International, CAE Inc., etc., to enhance the effectiveness and provide real-time training to the US military. These technologies allow the creation of virtual & highly realistic environments, including the visual and auditory aspects of aircraft operations, which helps the trainees to feel as if they are on an actual aircraft, thus increasing the effectiveness of training.
For instance, in 2022, the company CAE Inc. announced the launch of the CAE 700MXR Flight Simulator to deliver an unrivaled training experience for the airmen. These recently launched technologically advanced systems make the training process more engaging & immersive than conventional training since these systems incorporate real-world data augmentation & improved immersion. As a result, the US Department of Defense is increasingly adopting aircraft simulator systems based on AI & VR technologies to enhance learning experiences, consequently boosting the US Fighter Jet and Military Aircraft Simulation Market.
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US Fighter Jet & Military Aircraft Simulation Market Size, Share & Industry Trends Analysis - By Aircraft Type (Fighter Jet, Military Aircraft), By Solution (Hardware, Software, Services), By Simulation Type (Full Flight Simulator, Flight Training Devices, Fixed Base Simulator, Mission Simulator, Virtual Aircraft Training, Maintenance Trainers, Weapons Loading Trainer, Part Task Trainer , Others)
-By Region
Companies are strengthening their presence in the US Fighter Jet & Military Aircraft Simulation market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services
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