Simulation technology has traditionally been a resilient and stable market due to the essential requirement for flight simulation trainers for the world's air forces; however, technological developments in emerging submarkets have acted to spur extensive growth within a diverse range of simulation and training areas. These advances have led many major nations to purchase military simulation technology, viewing it as an essential component in their military capabilities. As a consequence, Visiongain has determined that the value of the global military simulation and virtual training market in 2012 will reach $9.03bn.
COTS providers ensure that technological growth is proceeding at an immense pace. Whilst the defence industry was initially a key pioneer in computing technology; growth in the civilian sector has meant that advances in the civilian technology sector have, in many cases, outstripped the defence industry. The military simulation and virtual training market has consequently become far more pluralistic in terms of suppliers and numerous opportunities exist to invest in smaller niche firms.
Visiongain anticipates that the COTS phenomenon will lead to increased growth in the number of providers of military simulation products. The military simulation market will increasingly demand greater realism in its simulated environments, which will provide opportunities for smaller firms to remain competitive against companies with a major market presence. Further, Visiongain anticipates a growing role for joint ventures in providing market access to emerging markets.
The military simulation market will continue to be led by the US and major European states, however their position as leading national markets will be challenged by emerging powers in the Middle East and Asia in the years to come. The rising economic powers of Asia will represent a strong element of the growth which will drive the military simulation market throughout the decade.
The report contains 200 tables, charts and graphs that add visual analysis in order to explain developing trends within the military simulation and virtual training market. Visiongain provides forecasts for the period 2012-2022 in terms of value (US$) for the global military simulation and virtual training market, as well as for 12 submarkets (High Performance Jet, Rotary Wing, Transport Aircraft, Unmanned Aerial Vehicles, Other (Flight), Combat, Maintenance, Vehicles, Cultural Language and Intelligence, Medical, Command & Modelling, Naval) of the military simulation and virtual training market. In addition, 15 leading national military simulation and virtual training markets are forecast and analysed by Visiongain over the period 2012-2022. The report also provides profiles of 66 leading companies operating within the market, and includes 5 exclusive interviews with principal military simulation and virtual training companies, providing expert insight alongside Visiongain analysis.
This report has been compiled by combining information obtained from a very wide and rich mixture of primary and secondary research sources, producing a broad industry overview. Visiongain sought opinions from leading figures in the military simulation and virtual training market to underpin the analysis of market drivers and restraints. The study draws on a diverse range of official corporate and governmental announcements, media reports, policy documents, industry statements and expert opinion as a basis for discussing and predicting developments in the military simulation and virtual market between 2012 and 2022.
Visiongain considers that this methodology results in an accurate, objective mixture of analyses and forecasts.
Chapter 1 comprises the executive summary and outline of the report.
Chapter 2 of this report offers an introduction to the military simulation and virtual training market.
Chapter 3 provides an overview of the military simulation and virtual training market. This chapter provides spending forecasts and analysis of growth over the period 2012 to 2022 for the global military simulation and virtual training market, as well analyses of the fastest growing military simulation and virtual training submarkets and national markets. The chapter also analyses the market share of each military simulation and virtual training submarket and national market over the forecast period. Lastly, cumulative sales for the global military simulation and virtual training market, submarkets, and national markets are analysed.
Chapter 4 focuses on 12 submarkets that constitute the military simulation and virtual training market, plus the total flight and non-flight military simulation and virtual training markets. The chapter provides spending forecasts for each of these submarkets for the period 2012 to 2022.
Chapter 5 focuses on 15 leading national military simulation and virtual training markets, plus the rest of the world (RoW) market, that combine to form the global military simulation and virtual training market.
The chapter includes details of significant developments, contracts, and accompanying national spending forecasts for the period 2012 to 2022.
Chapter 6 supplies a SWOT analysis, discussing the main strengths, weaknesses, opportunities and threats to the military simulation and virtual training market in the period 2012-2022.
Chapter 7 features 5 interviews from leading company experts within the field of military simulation and virtual training:
Chapter 8 outlines and profiles 66 major defence companies and institutions operating within the military simulation and virtual training market.
Chapter 9 is a summary of the report, outlining the main conclusions of the analyses.
Chapter 10 is a glossary of acronyms used throughout the report.