Market Overview:
The global military simulation and training market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for live, virtual, constructive and gaming simulation training across different applications such as air, sea and land. On the basis of type, the global military simulation and training market has been segmented into live training, virtual training, constructive training and gaming simulationtraining. Livetrainingis expected to hold a dominant share in the overall market duringthe forecast period owingto its ability toprovidereal-timeexperienceand feedbacks.
Product Definition:
Military simulation and training is the use of simulations or simulations techniques to improve or maintain military capabilities.
Live Training:
Live training is a term used for providing training to an employee or group of employees by having them work in the presence of their trainer. The method provides benefits such as increased learning ability, better retention and focus, improved creativity and innovation, reduced time-to-learning etc.
Virtual Training:
Virtual training is a simulation technology that delivers an experience of real-world situations in a controlled environment. It involves the use of software and hardware to create the virtual environment where trainees can learn and practice without any risk or harm to themselves. Virtual training has gained popularity over traditional methods owing to its cost effectiveness, safety, and high quality attributes.
Application Insights:
The air application segment dominated the global military simulation and training market in 2017. This can be attributed to the increasing use of military aircraft for various purposes, including logistics, troop transport, medical evacuations and combat operations. Furthermore, an increase in terrorist activities has led to a rise in demand for ground-based simulators that train pilots on how to best tackle such situations.
The land application segment is expected to witness significant growth over the forecast period owing to ongoing conflicts across different regions of the world. For instance, according with data published by IHS Markit Analysis Services Unit (ASU), there were more than 3700 active conflicts globally as of 2018 involving around 20 million people involved or affected by these conflicts worldwide.
Regional Analysis:
North America dominated the global military simulation and training market in 2016. The U.S. is a major contributor to the growth of this regional market owing to its robust defense budget, which is one of the highest among all countries across the globe.
The Asia Pacific region accounted for a revenue share of over 15% in 2016 owing to growing investments by governments across various countries such as China.
Europe also contributed significantly towards overall revenue generation in 2016 due to presence of several key industry players such as Giesecke+Devrient GmbH & Co., Lutz Kettner GmbH, Sensortech Systems Inc., Thales Group France S.A.
Growth Factors:
- Increasing demand for military simulation and training from emerging economies due to increasing defence budgets
- Proliferation of new technologies and platforms that require advanced simulation capabilities
- Growing need for effective and efficient training to meet the challenges of modern warfare
- Emergence of virtual reality and augmented reality as promising technologies for military simulation and training
- Rising focus on safety, security, accuracy, realism, and cost-effectiveness in military simulation
Scope Of The Report
Report Attributes
Report Details
Report Title
Military Simulation and Training Market Research Report
By Type
Live Training, Virtual Training, Constructive Training, Gaming Simulation Training
By Application
Air, Sea, Land
By Companies
Lockheed Martin, Northrop Grumman, L-3 Communications Holdings, Thales, Rockwell Collins, The Raytheon, Meggitt, Saab, Rheinmetall, Cubic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Military Simulation and Training Market Report Segments:
The global Military Simulation and Training market is segmented on the basis of:
Types
Live Training, Virtual Training, Constructive Training, Gaming Simulation Training
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Air, Sea, Land
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lockheed Martin
- Northrop Grumman
- L-3 Communications Holdings
- Thales
- Rockwell Collins
- The Raytheon
- Meggitt
- Saab
- Rheinmetall
- Cubic
Highlights of The Military Simulation and Training Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Live Training
- Virtual Training
- Constructive Training
- Gaming Simulation Training
- By Application:
- Air
- Sea
- Land
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Military Simulation and Training Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Military simulation and training is a process of using computer-based models to train military personnel in tactics, techniques, procedures (TTPs), and battlefield skills.
Some of the key players operating in the military simulation and training market are Lockheed Martin, Northrop Grumman, L-3 Communications Holdings, Thales, Rockwell Collins, The Raytheon, Meggitt, Saab, Rheinmetall, Cubic.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Military Simulation and Training Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Military Simulation and Training Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Military Simulation and Training Market - Supply Chain
4.5. Global Military Simulation and Training Market Forecast
4.5.1. Military Simulation and Training Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Military Simulation and Training Market Size (000 Units) and Y-o-Y Growth
4.5.3. Military Simulation and Training Market Absolute $ Opportunity
5. Global Military Simulation and Training Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Military Simulation and Training Market Size and Volume Forecast by Type
5.3.1. Live Training
5.3.2. Virtual Training
5.3.3. Constructive Training
5.3.4. Gaming Simulation Training
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Military Simulation and Training Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Military Simulation and Training Market Size and Volume Forecast by Application
6.3.1. Air
6.3.2. Sea
6.3.3. Land
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Military Simulation and Training Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Military Simulation and Training Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Military Simulation and Training Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Military Simulation and Training Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Military Simulation and Training Demand Share Forecast, 2019-2029
9. North America Military Simulation and Training Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Military Simulation and Training Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Military Simulation and Training Market Size and Volume Forecast by Application
9.4.1. Air
9.4.2. Sea
9.4.3. Land
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Military Simulation and Training Market Size and Volume Forecast by Type
9.7.1. Live Training
9.7.2. Virtual Training
9.7.3. Constructive Training
9.7.4. Gaming Simulation Training
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Military Simulation and Training Demand Share Forecast, 2019-2029
10. Latin America Military Simulation and Training Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Military Simulation and Training Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Military Simulation and Training Market Size and Volume Forecast by Application
10.4.1. Air
10.4.2. Sea
10.4.3. Land
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Military Simulation and Training Market Size and Volume Forecast by Type
10.7.1. Live Training
10.7.2. Virtual Training
10.7.3. Constructive Training
10.7.4. Gaming Simulation Training
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Military Simulation and Training Demand Share Forecast, 2019-2029
11. Europe Military Simulation and Training Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Military Simulation and Training Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Military Simulation and Training Market Size and Volume Forecast by Application
11.4.1. Air
11.4.2. Sea
11.4.3. Land
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Military Simulation and Training Market Size and Volume Forecast by Type
11.7.1. Live Training
11.7.2. Virtual Training
11.7.3. Constructive Trainng
11.7.4. Gaming Simulation Training
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Military Simulation and Training Demand Share, 2019-2029
12. Asia Pacific Military Simulation and Training Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Military Simulation and Training Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Military Simulation and Training Market Size and Volume Forecast by Application
12.4.1. Air
12.4.2. Sea
12.4.3. Land
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Military Simulation and Training Market Size and Volume Forecast by Type
12.7.1. Live Training
12.7.2. Virtual Training
12.7.3. Constructive Training
12.7.4. Gaming Simulation Training
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Military Simulation and Training Demand Share, 2019-2029
13. Middle East & Africa Military Simulation and Training Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Military Simulation and Training Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Military Simulation and Training Market Size and Volume Forecast by Application
13.4.1. Air
13.4.2. Sea
13.4.3. Land
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Military Simulation and Training Market Size and Volume Forecast by Type
13.7.1. Live Training
13.7.2. Virtual Training
13.7.3. Constructive Training
13.7.4. Gaming Simulation Training
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Military Simulation and Training Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Military Simulation and Training Market: Market Share Analysis
14.2. Military Simulation and Training Distributors and Customers
14.3. Military Simulation and Training Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lockheed Martin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Northrop Grumman
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. L-3 Communications Holdings
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thales
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rockwell Collins
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. The Raytheon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Meggitt
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Saab
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rheinmetall
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cubic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook