The Global Military Simulation and Virtual Training Market 2015-2025
The Global Military Simulation and Virtual Training Market 2015-2025 report, published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
Key Findings
The global military simulation and virtual training market is expected to be worth US$10.4 billion in 2015, and is expected increase to US$15.8 billion by 2025, representing a CAGR of 4.20% during the forecast period.
The market is anticipated to be dominated by North America followed by Asia- Pacific and Europe. The US is the largest spender, with a cumulative expenditure of US$48.9 billion over the next decade.
In terms of segments, flight simulators are expected to account for 60% of the global military simulation market, followed by maritime, and combat simulators, occupying 20% each.
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Synopsis
This report offers detailed analysis of the global military simulation and virtual training marketwith market size forecasts covering the next ten years. This report will also analyze factors that influence demand for the global simulation and virtual training market, key market trends, and challenges faced by industry participants. In particular, it provides an in-depth analysis of the following:
Global military simulation and virtual training market size and drivers: detailed analysis of the global military simulation and virtual training market during 2015–2025, including highlights of the demand drivers and growth stimulators for armored vehicles. It also provides a snapshot of the spending and modernization patterns of different regions around the world
Recent developments and industry challenges: insights into technological developments in the global military simulation and virtual training market, and a detailed analysis of the changing preferences of global simulation and virtual training market departments around the world. It also provides trends of the changing industry structure and the challenges faced by the industry participants
SWOT analysis of global military simulation and virtual training market: analysis of the industry characteristics by determining the strengths, weaknesses, opportunities, and threats faced by the global simulation and virtual training industry.
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Table of Contents
1 Introduction
1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence
2 Executive Summary
3 Global Military Simulation and Virtual Training Market Size and Drivers
3.1 Military Simulation and Virtual Training Market Size and Forecast 2015-2025
3.1.1 Global military simulation market to show positive growth over the forecast period
3.2 Global Military Simulation and Virtual Training Market - Regional Analysis
3.2.1 North America is expected to lead the global military simulation and virtual training market
3.2.2 Flight simulators are expected to be the main drivers to support growth in the US market
3.2.3 Military simulation market to show robust growth in the Asia-Pacific region
3.2.4 European military simulation and virtual training market expected to increase despite defense budget pressures
3.2.5 Markets in the Middle East to record robust spending on military simulation
3.2.6 Brazil to dominant the military virtual training and simulation market in the Latin American region
3.2.7 African markets expected to witness a gradual increase in military simulation spending
3.3 Military Simulation and Virtual Training Sub-Sector Market Size Composition
3.3.1 Market size of flight simulators expected to grow at a CAGR of 4.85% over the forecast period
3.3.2 Maritime simulation market is consistently growing at the global level
3.3.3 Combat Simulators market to experience a marginal increase
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