Middle East & Africa Drone Simulator Market

Market Introduction

The MEA comprises various well-established economies, such as South Africa, the UAE, and Saudi Arabia. The military sector in many Middle East countries is in the growth stage; thus, they are putting greater efforts to enhance the strength of their military forces. As per the Global Firepower website data, Egypt, Turkey, Israel, Saudi Araba, and Iran are among the prominent countries in the region with good military strength. Besides, government bodies are making massive investments in strengthening their respective armed forces. According to the International Institute for Strategic Studies (IISS), Saudi Arabia is a country with the largest military investments in the region. Riyadh's defense budget was more than the combined budget of the next five biggest spenders (Israel, Iraq, Algeria, Iran, and Oman) in the MEA. Substantial military investments enable these countries to adopt advanced technologies, such as drone simulators. According to SIPRI data, in 2020, South Africa, Saudi Arabia, and the UAE invested US$ 3,151 million, US$ 57,519 million, and US$ 17,725, respectively, in the efforts to strengthen their military forces.    

The MEA drone simulator market is majorly affected by disruptions in supply chains during the COVID-19 pandemic. This is mainly ascribed to the closed borders of countries. Further, the demand for drones decreased in 2020 in the MEA countries. This has resulted in the loss of businesses of drone simulator manufacturers offering their products to end users in the MEA. Moreover, the demand for advanced drone components, including various types of portable drone simulator for military drone fleet and commercial aviation fleet among the drone manufacturers, military forces, and MRO service providers, decreased significantly in 2020.

Market Overview and Dynamics

The drone simulator market in MEA is expected to grow from US$ 43.69 million in 2021 to US$ 80.62 million by 2028; it is estimated to grow at a CAGR of 9.1% from 2021 to 2028. Since more than a decade, armed forces from several countries have been using drones. Ground troops are employing small drones regularly. Military spending on unmanned aerial vehicles (UAVs) is rising as a fraction of overall military spending, which is propelling the growth of specialist drone manufacturers and simulator software developers. Several drones are being developed specifically for surveillance purposes. Some drones, on the other hand, have been developed for vital missions, such as transporting weapons. Countries such as UAE and Azerbaijan utilize remotely controlled unmanned aerial vehicles (UAVs) to carry weapons for defense forces. Furthermore, drones are employed as loitering weapons. Drones are also employed in real-time to collect data on ongoing and life-threatening military missions using their intelligence, surveillance, and reconnaissance (ISR) capabilities. Hence, the demand for drone simulators is increasing as a result of the factors listed above.  

Key Market Segments

MEA drone simulator market is segmented into component, simulator type, drone type, technology, and country. Based on component, the MEA drone simulator market is bifurcated into hardware and software. Hardware segment held the largest market share in 2020. Based on simulator type, the MEA drone simulator market is bifurcated into fixed and portable. Fixed segment held the largest market share in 2020. Based on drone type, MEA drone simulator market is bifurcated into fixed wing and rotary wing. Fixed wing segment held the largest market share in 2020. Similarly based on technology the MEA drone simulator market is bifurcated into augmented reality and virtual reality. Virtual reality segment held the largest market share in 2020. Based on country, the MEA drone simulator market is segmented into Saudi Arabia, South Africa, UAE, and rest of MEA. UAE held the largest market share in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the drone simulator market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are CAE Inc.; HAVELSAN A.S.; Israel Aerospace Industries Ltd.; L3Harris Technologies, Inc.; Leonardo S.p.A.; SIMLAT UAS SIMULATION; and SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED.          

Reasons to buy report

• To understand the MEA drone simulator market landscape and identify market segments that are most likely to guarantee a strong return.
• Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA drone simulator market.
• Efficiently plan M&A and partnership deals in MEA drone simulator market by identifying market segments with the most promising probable sales.
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA drone simulator market.
• Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA Drone Simulator Market Segmentation

MEA Drone Simulator Market - By Component

• Temperature Calibrator
• Pressure Calibrator
• Electrical Calibrator
• Multifunction Process Calibrator
• Hardware
• Software

MEA Drone Simulator Market - By Simulator Type

• Fixed
• Portable

MEA Drone Simulator Market - By Drone Type  

• Fixed Wing
• Rotary Wing

MEA Drone Simulator Market - By Technology

• Augmented Reality
• Virtual Reality

MEA Drone Simulator Market - By Country

• Saudi Arabia
• South Africa
• UAE
• Rest of MEA

MEA Drone Simulator Market - Company Profiles

• CAE Inc.
• HAVELSAN A.S.
• Israel Aerospace Industries Ltd.
• L3Harris Technologies, Inc.
• Leonardo S.p.A.
• SIMLAT UAS SIMULATION
• SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED

Middle East & Africa Drone Simulator Market Strategic Insights

Middle East & Africa Drone Simulator Market Report Highlights

Middle East & Africa Drone Simulator Market Country and Regional Insights