The global pilot training market size was valued at USD 7.07 billion in 2022. The market is projected to grow from USD 8.09 billion in 2023 to USD 20.02 billion by 2030, exhibiting a CAGR of 13.8% during the forecast period.
Pilot training represents a comprehensive and all-encompassing program that incorporates both theoretical instruction and practical flight training, complemented by simulator-based exercises. The escalating shortage of pilots is projected to serve as a catalyst for the expansion of the global market. Fortune Business Insights presents this information in their report titled "Global Pilot Training Market, 2023–2030."
Informational Source:
https://www.fortunebusinessinsights.com/pilot-training-market-107092
List of Key Players Profiled in the Pilot Training Market Report:
Segments
Rapid Growth of Airplane Segment Fueled by Airlines' Fleet Expansion
By aircraft type, the segment is categorized into airplane and helicopter.
The airplane segment is poised to dominate and experience the highest growth rate, driven by the notable expansion of airline fleets.