The global simulator market was valued at USD 18.07 billion in 2023 and is expected to grow from USD 19.67 billion in 2024 to USD 32.38 billion by 2032, with a compound annual growth rate (CAGR) of 6.4% during the forecast period. North America led the market, accounting for a 36.75% share in 2023.

The simulator market refers to the industry that develops and sells simulators, which are computer-based systems designed to replicate real-world environments or processes for training, education, research, or entertainment purposes. Simulators are widely used in various industries, including aviation, military, healthcare, automotive, gaming, and virtual reality (VR).

List of Key Players Mentioned in the Report:

• CAE Inc. (Canada)
• Raytheon Technologies Corporation(U.S.)
• L3 Harris Technologies Inc. (U.S.)
• BAE Systems Plc (U.K.)
• Boeing Company (U.S.)
• Frasca International Inc (U.S.)
• Tecknotrove Systems Pvt Ltd (India)
• Kongsberg Group (Norway)
• Indra Sistemas, SA (Spain)
• PulseWorks LLC (U.S.)
• Cre8tive Rooms LLC (U.K.)

Browse In-depth Summary of This Research Insight:

https://www.fortunebusinessinsights.com/simulator-market-107016

COVID-19 Impacts:

Simulator Deliveries Were Delayed Due to COVID-19 Pandemic