Simulators and virtual training devices are used to reproduce the conditions experienced on the flight deck of aerial platforms, naval vessels, and usage of weapons, target systems, armored vehicles, and missiles exactly.
Technavio’s analysts forecast the global military simulation and virtual training market to grow at a CAGR of 4.2% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global military simulation and virtual training market for 2017-2021. To calculate the market size, the report considers the new installations, shipments, sales, volume, retrofit, replacement, spares, and aftermarket services.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Military Simulation and Virtual Training Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - CAE - L3 Link Simulation & Training - Lockheed Martin - Rockwell Collins - Saab
Other prominent vendors - Barco - Boeing - Fidelity Technologies - Thales - TRU Simulation + Training
Market driver - Expensive real-time military training - For a full, detailed list, view our report
Market challenge - Ambiguities in simulator and virtual training systems - For a full, detailed list, view our report
Market trend - Emergence of portable simulation - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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