Simulators Market Expansion Outlook: $29.87 Billion by 2029 Forecast

November 14, 2025 by The Business Research Company

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What Is The Predicted Market Size Trajectory For The Simulators Market From 2025 To 2034?

The overall market encompassing simulators has experienced consistent expansion lately; projections indicate this figure will climb from $22.59 billion in 2024 to $23.38 billion by 2025, reflecting a compound annual growth rate (CAGR) of 3.5%. This upward trajectory observed over the past period stems from several key factors, including the increasing incorporation of augmented reality (AR), the demand for training solutions within the automotive and aviation sectors, heightened utilization in military and defense contexts, the broadening scope of healthcare simulation, and the deployment of simulated settings for vocational instruction across industries.

Anticipating robust expansion, the market centering on simulators is projected to reach a valuation of $29.87 billion by the year 2029, achieving this through a compound annual growth rate (CAGR) of 6.3% across the forthcoming years. This upswing during the projection timeline stems from several key factors, notably the increased emphasis on bespoke educational approaches, the penetration of the market into various industry segments, the enhanced ability of these tools to be tailored and adjusted, the proliferation of simulated settings for educational purposes, and advanced simulation for industrial and mechanical equipment. Key developments shaping this period involve progress in virtual reality technologies, the incorporation of augmented reality elements, greater utilization of game-based learning techniques, advancements in remote instruction methodologies, and the growth of simulation specifically within the healthcare domain.

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What Are The Drivers Pushing New Developments In The Simulators Market?

Future expansion of the simulator market is anticipated to be fueled by the escalating need for aviation personnel to pilot aircraft for transporting goods and people, as well as executing diverse aviation-related functions. These essential tools, simulators, are indispensable in modern pilot education, offering a risk-free setting where trainees can hone their abilities and accumulate practical knowledge, permitting them to master complex procedures like fault diagnosis and learning from errors without endangering real aircraft or personnel. Reinforcing this trend, data from the US Bureau of Labor Statistics in August 2024 forecasted a 5% rise in employment for commercial and airline pilots between 2023 and 2033; consequently, the heightened requirement for qualified aviators is directly stimulating the expansion within the simulator sector.

What Are The Major Segments Identified In The Simulators Market?

The simulators market covered in this report is segmented –

1) By Type: Full Mission Bridge Simulators, Full Flight Simulators, Driving Simulators, Fixed Based Simulators, Flight Training Devices, Vessel Traffic Control Simulators, Land Forces Training Simulators, Full Mission Flight Simulators, Air Traffic Control Simulators

2) By Technique: Live, Virtual, Game Based, Constructive

3) By Platform: Airborne, Land, Maritime

4) By Application: Training, Research And Development, Vehicle Assistance

5) By Industry: Aerospace And Defense, Manufacturing, Oil And Gas, Healthcare, Automotive, Electrical And Electronics, Other Industries

Subsegments:

1) By Full Mission Bridge Simulators: Ship Handling Simulators, Navigation Simulators, Environmental Simulation Systems

2) By Full Flight Simulators: Fixed-Wing Aircraft Simulators, Rotary-Wing Aircraft Simulators

3) By Driving Simulators: Car Driving Simulators, Truck Driving Simulators, Heavy Equipment Simulators

4) By Fixed Based Simulators: Ground School Simulators, Desktop Simulators

5) By Flight Training Devices: Procedure Trainers, Part-Task Trainers

6) By Vessel Traffic Control Simulators: Radar Simulators, AIS (Automatic Identification System) Simulators

How Are Emerging Market Trends Shaping The Simulators Industry Landscape?

Leading corporations within the simulator sector are concentrating efforts on engineering sophisticated offerings, notably mining simulators, with the primary aims of refining operator training, bolstering workplace safety protocols, and optimizing overall efficiency across mining operations. A mining simulator fundamentally serves as a dedicated instructional apparatus that mirrors actual geological settings and heavy machinery, thus affording personnel the opportunity to rehearse and hone competencies within a risk-free and regulated space. To illustrate, in September 2024, Immersive Technologies, an organization situated in Australia that specializes in mining technology, released their Immersive Technologies IM360+. This particular device, the Immersive Technologies IM360+, represents state-of-the-art simulation for subterranean mining, distinguished by its incorporation of sophisticated stereoscopic three-dimensional visuals alongside RealView head tracking capabilities, all engineered to maximize both training efficacy and operational security by fostering skill acquisition within a deeply realistic and engaging setting.

Which Global Market Leaders Are Shaping The Future Of The Simulators Sector?

Major companies operating in the simulators market include CAE Inc., The Boeing Company, FlightSafety Inc., Thales Group, Airbus SAS, Raytheon Technologies Corporation, SimScale GmbH, Frasca International Inc., Kongsberg Gruppen ASA, Saab AB, Tecknotrove Systems Pvt. Ltd., Indra Sistemas S.A, Elbit Systems Ltd., Northrop Grumman Corporation, BAE Systems plc, Dassault Systèmes SE, The AnyLogic Company, Simulations Plus Inc., Materialise NV, HAVELSAN A.S, Emerson Electric Co., Siemens AG, Rockwell Automation Inc., Schneider Electric SE, Autodesk Inc., Ansys Inc., Altair Engineering Inc., The MathWorks Inc., Cybernet Systems Corp., Bentley Systems Incorporated, PTC Inc., CPFD Software LLC, Design Simulation Technologies Inc., Synopsys Inc., Simio LLC, Lanner Group Ltd., SIMUL8 Corporation, CONSELF Srl, SolidWorks Corporation

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Which Regional Markets Are Contributing Most To The Simulators Industry Expansion?

North America was the dominating region in the simulators market in 2024. The regions covered in the simulators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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