Global Military Simulation and Virtual Training Market Reach US$128.5 billion to 2028
The Global Military Simulation and Virtual Training Market 2018-2028 report provides Obstacles affecting sector growth, Segment Analysis, 14 leading companies, Market size and CAGR growth analysis, 2018-2028
September 28, 2018 /MarketersMedia/ —
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.
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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.
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Table of Contents:
Executive Summary
Global Military Simulation and Virtual Training Market – Overview
Global Military Simulation and Virtual Training By Region, 2018-2028
Global Military Simulation and Virtual Training By Segment, 2018-2028
Market Dynamics
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
Segment Analysis: Flight Simulators
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Segment Analysis: Maritime Simulators
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Segment Analysis: Combat Simulators
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Global Military Simulation and Virtual Training Market – Regional Analysis
Global Military Simulation and Virtual Training – Regional Overview, 2018 & 2028
Regional Analysis: North America
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Asia Pacific
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Europe
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Middle East
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Latin America
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Africa
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
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)
Key Programs Analysis
Description of key programs
Delivery period, units and total expenditure
Competitive Landscape Analysis
Competitive analysis – 14 leading companies
Major Products and Services
Financial Analysis covering Revenue, Operating Profit and Net Profit
Financial Deal and Contracts
Disclaimer
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