The Global Military Simulation and Virtual Training Market 2018-2028

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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.

Synopsis

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.

Lockheed Martin
Boeing
CAE
Thales
Rockwell Collins
L-3 Link Training and Simulation
SaaB
Rheinmetall AG
Airbus
Cubic Global Defense Inc
Fidelity Technologies Corporation
Meggitt Training Systems
VirTra Systems
FAAC

Table of Contents

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

Frequently asked questions

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