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Market Research Report

The Global Military Simulation and Virtual Training Market 2018-2028

Published by GlobalData Product code 295783
Published Content info 185 Pages
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The Global Military Simulation and Virtual Training Market 2018-2028
Published: July 27, 2018 Content info: 185 Pages
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This report provides detailed analysis of both, historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.
Description

Summary

The global military simulation and virtual training market is primarily driven by military platform procurement programs undertaken by several armed forces across the globe. Also, militaries are incorporating simulation based training techniques to ensure safety, cut down operating costs and wear and tear of machinery associated with real time training.

With a number of defense ministries across the globe looking to improve the cost effectiveness of operations, the need for low-cost simulators with advanced artificial intelligence (AI) is expected to surge over the forecast period. Moreover, the technology to develop military training simulators has become more affordable, which in turn resulted in the growth of homeland security and border patrol simulators.

The Global Military Simulation and Virtual Training Market 2018-2028 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for military simulation and training equipment, key market trends, and challenges faced by industry participants.

Scope

  • The Global Military Simulation and Virtual Training Market is projected to value US$10.2 billion in 2018 and is expected to grow at a CAGR of 3.12% during the forecast period.
  • The cumulative market for global expenditure on military simulation and virtual training will reach US$128.5 billion over the forecast period.
  • In terms of segments, the military simulation and virtual training market is split into three segments: combat, flight, and maritime.
  • During the forecast period, flight simulators will lead the global military simulation and virtual training market, with a share of 53.8%, followed by the maritime segment and combat simulators segments over the forecast period.

Reasons to buy

  • Determine prospective investment areas based on a detailed trend analysis of the global military simulation and virtual training market over the next ten years.
  • Gain in-depth understanding about the underlying factors driving demand for different military simulation segments in the top spending countries across the world and identify the opportunities offered by each of them.
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels that are driving the global military simulation and virtual training market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global military simulation and virtual training market.
  • Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top military simulator providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Table of Contents
Product Code: DF0161SR

Table of Contents

Executive Summary 07

Global Military Simulation and Virtual Training Market - Overview 10

  • Global Military Simulation and Virtual Training By Region, 2018-2028
  • Global Military Simulation and Virtual Training By Segment, 2018-2028

Market Dynamics 16

  • Demand Drivers: Analysis of factors that trigger spending within the sector
  • Trends: Prevalent practices, industry consolidation and procurement patterns within the market
  • Technological Developments : New products, processes and innovations recently inducted within the sector
  • Key Challenges: Obstacles affecting sector growth

Global Military Simulation and Virtual Training Market - Segment Analysis 27

  • Segment Analysis: Flight Simulators 30
  • Market size and CAGR growth analysis, 2018-2028
  • Change in market share, 2018-2028
  • Segment Analysis: Maritime Simulators 31
  • Market size and CAGR growth analysis, 2018-2028
  • Change in market share, 2018-2028
  • Segment Analysis: Combat Simulators 32
  • Market size and CAGR growth analysis, 2018-2028
  • Change in market share, 2018-2028

Global Military Simulation and Virtual Training Market - Regional Analysis 33

  • Global Military Simulation and Virtual Training - Regional Overview, 2018 & 2028
  • Regional Analysis: North America 34
  • Market size and CAGR growth analysis, 2018-2028
  • Change in market share, 2018-2028
  • Top Suppliers
  • Regional Analysis: Asia Pacific 36
  • Market size and CAGR growth analysis, 2018-2028
  • Change in market share, 2018-2028
  • Top Suppliers
  • Regional Analysis: Europe 38
  • Market size and CAGR growth analysis, 2018-2028
  • Change in market share, 2018-2028
  • Top Suppliers
  • Regional Analysis: Middle East 40
  • Market size and CAGR growth analysis, 2018-2028
  • Change in market share, 2018-2028
  • Top Suppliers
  • Regional Analysis: Latin America 42
  • Market size and CAGR growth analysis, 2018-2028
  • Change in market share, 2018-2028
  • Top Suppliers
  • Regional Analysis: Africa 44
  • Market size and CAGR growth analysis, 2018-2028
  • Change in market share, 2018-2028
  • Top Suppliers

Global Military Simulation and Virtual Training Market - Trend Analysis 46

  • Top 10 Global Growth Opportunities Scores
  • Global Military Simulation and Virtual Training - Country Overview, 2018 & 2028
  • Leading Segments in Key Countries
  • Country Analysis - 14 leading companies
  • Market size and CAGR growth analysis, 2018-2028
  • Change in market share, 2018-2028
  • Segmental Share (%), 2018-2028
  • Country Share (%), 2018 & 2028
  • Major Suppliers
  • Segmental Analysis

Military Simulation and Virtual Training Market - Future Outlook (The Road Ahead) 110

  • Key Programs Analysis 113
  • Description of key programs
  • Delivery period, units and total expenditure

Competitive Landscape Analysis 127

  • Competitive analysis - 14 leading companies
  • Major Products and Services
  • Financial Analysis covering Revenue, Operating Profit and Net Profit
  • Financial Deal and Contracts
  • Disclaimer 185
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