Companies and Markets
Market Research A to Z | Company Profiles A to Z | Register | Contact Us
+44 (0) 203 086 8600 Call us on

Military simulation market worth nearly $9bn

Industry Sector

Defence

Published

1 November 2011

Author

Mike King

Type of News

General

The military simulation and virtual training market is forecast to experience considerable expansion over the next ten years, with militaries worldwide ready to utilise simulation technology in order to achieve two key objectives: To cut costs and to provide first class training for troops. This research report has determined that the value of the military simulation and virtual training market in 2011 will reach $8.75bn, and expects that the market will witness growth in multiple sectors over the coming years.

Military simulation products and equipment are sought by defence ministries on a global scale in order to provide life-like training for servicemen and women in the land, air, and sea domains. As a consequence, military simulation is no longer confined only to the field of aircraft simulation, as although the aviation sector will continue to play a major role within the industry and wider market, simulations linked to combat operations, medical treatment, maintenance, modelling, and unmanned systems, mean that virtual training can now take place through multiple scenarios and on multiple platforms. In addition, the development of transportable simulation systems, and the introduction of day-night, urban and rural, and adverse weather condition technology, means that training can be tailored to specific needs and individual missions.

A shift within the market towards simulated training environments where users can 'plug-in' to a virtual on-line system will also create multiple opportunities for military users. Within this format, both troops and commanders will be able to utilise a virtual environment that can be used to train forces in the face of new threats. Both tactical and doctrinal approaches will be enhanced, as military personnel will engage in feedback and modelling, as well as simulated combat operations in order to test out new theories and to maintain troop readiness.

The report contains 146 charts and figures that add visual analysis in order to explain developing trends within the military simulation and virtual training market. This report provides forecasts for the period 2011-2021 in terms of value (US$) for the military simulation and virtual training market as well as for the flight and non-flight submarkets that together form the overall market figure. In addition, 11 further flight and non-flight submarkets are quantified, analysed and forecast from 2011-2021, as well as 15 leading national military simulation and virtual training markets. The report provides profiles of 35 leading companies operating within the market, and includes eight interviews with market leading companies within the field of military simulation and training, providing expert insight alongside the report's analysis.

http://www.companiesandmarkets.com/r.ashx?id=1DQUBOY5A673016

Visitor Comments

All posts are pre-moderated and must obey the house rules.

Change Currency

GBP
USD

Become an Affiliate

Do you manage an industry specific website or blog? Are you looking to monetise your web traffic further? Are you a B2B website?

Why not offer your visitors industry specific strategic market reports and company profiles? Our Affiliate Program enables you to provide quality content on your website and to earn money from passing on visitors to our website. If a sale is made from your visitor, you earn commission (a fixed percentage of the price of a product).

Custom Research

Cannot find what you need? We can tailor a report for you. Complete the Custom Research Form and we will provide a quote.

Accessibility
Close

Contrast settings

Text size settings