Global Military Simulation and Virtual Training Market 2016-2026

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The procurement of simulators is primarily dependent on the procurement of other military equipment such as aircraft, submarines, helicopters, armoured vehicles, UAVs, and naval ships. With the market for these systems expected to witness robust expenditure over the forecast period, military simulators will be much in demand. Factors such as internal and external security threats, territorial disputes, and modernization initiatives undertaken by the various armed forces across the world are driving the demand for conventional and unconventional military hardware and software

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Global Military Simulation and Virtual Training Market 2016-2026

  1. 1. Global Military Simulation and Virtual Training Market 2016-2026 Brought to you by:
  2. 2. ABSTRACT Key Findings: The Military Simulation and Virtual Training Market, valued at US$13.3 billion in 2016, is projected to grow at a CAGR of 2.90% over the 2016-2026 period, to US$17.7 billion by 2026 The market consists of three simulation categories: flight, combat, and maritime. Flight simulators are expected to account for 59% of the global military simulation market, followed by maritime simulators and combat simulators with shares of 21% and 20%, respectively North America dominates the sector with a share of 36.4%, followed by Europe and Asia Pacific with shares of 25.4% and 25.2%, respectively. The procurement of simulators is primarily dependent on the procurement of other military equipment such as aircraft, submarines, helicopters, armoured vehicles, UAVs, and naval ships. With the market for these systems expected to witness robust expenditure over the forecast period, military simulators will be much in demand. Factors such as internal and external security threats, territorial disputes, and modernization initiatives undertaken by the various armed forces across the world are driving the demand for conventional and unconventional military hardware and software
  3. 3. ABSTRACT 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 Simulation and Virtual Training Market 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 internal ministries of different countries within the 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.
  4. 4. Length Publisher Published Date 162 Pages Strategic Defence Intelligence July 31, 2016 Table of Contents Executive Summary Market – Overview Market Dynamics Segment Analysis Regional Review Military Analysis Trends Analysis – Key Defense Markets Key Programs Competitive Landscape Learn more about this report
  5. 5. ABOUT THE PUBLISHER Strategic Defence Intelligence provides a stream of continuously updated customer and competitor intelligence, as well as detailed research reports providing an unrivalled source of global information on the latest developments in the defence industry. Strategic Defence Intelligence's unique monitoring platform tracks global defence activity for over 2,500 companies and 65 product categories in real time and in a highly structured manner, giving a comprehensive and easily- searchable picture of all defence industry activity. View more reports from this publisher Other Titles from this Publisher The Global Military Aircraft Engines Market 2016-2026 The Global Military, IT, Data and Computing Market 2016-2026 Rolls-Royce Holding plc: Aerospace and Defense – Company Profile, SWOT & Financial Analysis
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