Military Simulation and Virtual Training Market Size, Share & Trends Analysis Report By Platform Type (Flight, Vehicle, Battlefield, Virtual Boot Camp), By Application (Ground, Air, Naval), And Segment Forecasts, 2018 - 2025

Published: Dec, 2018 | Pages: 120 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global military simulation & virtual training market size is expected to reach USD 15.07 billion by 2025, according to a study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 4.2% over the forecast period. Rising political instability and disputes coupled with growing adoption of simulators and virtual training methods to safeguard the trainees are expected to drive the market. Rising prices of armed components and environmental concerns are expected to fuel demand for virtual training practices from defense sector.

Over the past decade, the military simulation & virtual training market is gaining prominence as it is considered as a cost-effective solution for training the armed personnel to ensure their safety. However, the procurement of simulator and virtual training devices is primarily dependent on the purchase of military equipment such as fighter aircrafts, tanks, gunneries, submarines, armored vehicles, helicopters, naval ships, and Unmanned Aerial Vehicles (UAVs). The current and future military expenditure are expected to influence growth of the market from 2018 to 2025.

North America accounted for around 36% of global military spending in 2017 and is expected to lead the military simulation and virtual training market over the next few years. This growth can be attributed to the increasing demand and high defense expenditure of countries, such as U.S. and Canada. However, Asia Pacific is expected to expand at the highest CAGR of 5.0% over the forecast period majorly driven by the increasing investments in the defense sector in countries such as China and India, which accounted for around 17% of the global military spending in 2017.

Further key findings from the study suggest:

•  Flight simulation segment is expected to lead the military simulation and virtual training market over the forecast period owing to high spending in the aero-defense industry

•  Air application segment is expected to continue leading over the forecast period due to wide adoption of flight simulation techniques to reduce the penetration of live training, thus helping the government reduce operating costs

•  The platform segment is expected to reach USD 2.59 billion by 2025, growing at an accelerating CAGR of 4.3% over the forecast period

•  North America is expected to be the largest regional segment over the forecast period owing to the huge investments in the U.S. defense industry

•  Prominent industry participants include L-3 Technologies, Inc.; Lockheed Martin Corporation; Thales Group; and The Raytheon Company among others.

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Information Procurement
                   1.2 Purchased Database
                       1.2.1 GVR's internal database
                   1.3 Research Methodology
                   1.4 Geographic Scope & Assumptions
                   1.5 Region/Country Wise Market Calculation
                       1.5.1 Region /country wise market: Base estimates
                       1.5.2 Region/country market: CAGR calculation
                   1.6 Region-based Segment Share Calculation
                   1.7 List of Primary Sources
                   1.8 List of Secondary Sources
Chapter 2 Executive Summary
Chapter 3 Market Definitions
                   3.1 Market Segmentation
Chapter 4 Industry Outlook
                   4.1 Market Snapshot
                   4.2 Global Military Simulation and Virtual Training Market Trends
                       4.2.1 Platform segment trends
                       4.2.2 Application segment trends
                       4.2.3 Region segment trends
                   4.3 Value Chain Analysis
                       4.3.1 Vendor Landscape
                   4.4 Market Variable Analysis
                       4.4.1 Market driver analysis
                       4.4.2 Market restraint analysis
                       4.4.3 Market opportunity analysis
                   4.5 Penetration and Growth Prospect Mapping
                   4.6 Military Simulation and Virtual Training Market Key Company Analysis, 2017
                   4.7 Business Environment Analysis Tool                       
                       4.7.1 Military Simulation and Virtual Training market: PEST analysis
                       4.7.2 Military Simulation and Virtual Training market: PORTERS analysis
                   4.8 Competitive Landscape
                       4.8.1 Key innovators
                       4.8.2 Key strategic initiatives, by company
                       4.8.3 Key strategic initiatives, by Region
                       4.8.4 Key strategic initiatives, by technology
Chapter 5 Military Simulation and Virtual Training Market: Platform Solution Analysis
                   5.1 Flight Simulation
                       5.1.1 Flight Simulation Military Simulation and Virtual Training market, 2015 - 2025 (USD million)
                   5.2 Vehicle Simulation
                       5.2.1 Vehicle Simulation Military Simulation and Virtual Training market, 2015 - 2025 (USD million)
                   5.3 Battlefield Simulation
                       5.3.1 Battlefield Simulation Military Simulation and Virtual Training market, 2015 - 2025 (USD million)
                   5.4 Virtual Boot Camp
                       5.4.1 Virtual Boot Camp Military Simulation and Virtual Training market, 2015 - 2025 (USD million)
Chapter 6 Military Simulation and Virtual Training Market: Application Segment Analysis
                   6.1 Ground
                       6.1.1 Ground military simulation and virtual training market, 2015 - 2025 (USD million)
                   6.2 Air
                       6.2.1 Air military simulation and virtual training market, 2015 - 2025 (USD million)
                   6.3 Naval
                       6.3.1 Naval military simulation and virtual training market, 2015 - 2025 (USD million)
Chapter 7 Military Simulation and Virtual Training Market: Regional Outlook
                   7.1 North America
                       7.1.1 North America Military Simulation and Virtual Training market, by country, 2015 - 2025
                       7.1.2 North America Military Simulation and Virtual Training market, by platform, 2015 - 2025
                       7.1.3 North America Military Simulation and Virtual Training market, by application, 2015 - 2025
                       7.1.4 U.S.
                           7.1.4.1 U.S. Military Simulation and Virtual Training market, by platform, 2015 - 2025
                           7.1.4.2 U.S. Military Simulation and Virtual Training market, by application, 2015 - 2025
                       7.1.5 Canada
                           7.1.5.1 Canada Military Simulation and Virtual Training market, by platform, 2015 - 2025
                           7.1.5.2 Canada Military Simulation and Virtual Training market, by application, 2015 - 2025
                   7.2 Europe
                       7.2.1 Europe Military Simulation and Virtual Training market, by country, 2015 - 2025
                       7.2.2 Europe Military Simulation and Virtual Training market, by platform, 2015 - 2025
                       7.2.3 Europe Military Simulation and Virtual Training market, by application, 2015 - 2025
                       7.2.4 U.K.
                           7.2.4.1 U.K. Military Simulation and Virtual Training market, by platform, 2015 - 2025
                           7.2.4.2 U.K. Military Simulation and Virtual Training market, by application, 2015 - 2025
                       7.2.5 Germany
                           7.2.5.1 Germany Military Simulation and Virtual Training market, by platform, 2015 - 2025
                           7.2.5.2 Germany Military Simulation and Virtual Training market, by application, 2015 - 2025
                       7.2.6 France
                           7.2.6.1 France Military Simulation and Virtual Training market, by platform, 2015 - 2025
                           7.2.6.2 France Military Simulation and Virtual Training market, by application, 2015 - 2025
                   7.3 Asia Pacific
                       7.3.1 Asia Pacific Military Simulation and Virtual Training market, by country, 2015 - 2025
                       7.3.2 Asia Pacific Military Simulation and Virtual Training market, by platform, 2015 - 2025
                       7.3.3 Asia Pacific Military Simulation and Virtual Training market, by application, 2015 - 2025
                       7.3.4 China
                           7.3.4.1 China Military Simulation and Virtual Training market, by platform, 2015 - 2025
                           7.3.4.2 China Military Simulation and Virtual Training market, by application, 2015 - 2025
                       7.3.5 Japan
                           7.3.5.1 Japan Military Simulation and Virtual Training market, by platform, 2015 - 2025
                           7.3.5.2 Japan Military Simulation and Virtual Training market, by application, 2015 - 2025
                       7.3.6 India
                           7.3.6.1 India Military Simulation and Virtual Training market, by platform, 2015 - 2025
                           7.3.6.2 India Military Simulation and Virtual Training market, by application, 2015 - 2025
                   7.4 Latin America
                       7.4.1 Latin America Military Simulation and Virtual Training market, by country, 2015 - 2025
                       7.4.2 Latin America Military Simulation and Virtual Training market, by platform, 2015 - 2025
                       7.4.3 Latin America Military Simulation and Virtual Training market, by application, 2015 - 2025
                       7.4.4 Brazil
                           7.4.4.1 Brazil Military Simulation and Virtual Training market, by platform, 2015 - 2025
                           7.4.4.2 Brazil Military Simulation and Virtual Training market, by application, 2015 - 2025
                       7.4.5 Mexico
                           7.4.5.1 Mexico Military Simulation and Virtual Training market, by platform, 2015 - 2025
                           7.4.5.2 Mexico Military Simulation and Virtual Training market, by application, 2015 - 2025
                   7.5 Middle East & Africa
                       7.5.1 Middle East & Africa Military Simulation and Virtual Training market, by platform, 2015 - 2025
                       7.5.2 Middle East & Africa Military Simulation and Virtual Training market, by application, 2015 - 2025
Chapter 8 Company Profiles
                   8.1 Aai Corporation
                       8.1.1 Company Overview
                       8.1.2 Financial Performance
                       8.1.3 Product Benchmarking
                       8.1.4 Recent Developments
                   8.2 BAE Systems
                       8.2.1 Company Overview
                       8.2.2 Financial Performance
                       8.2.3 Product Benchmarking
                       8.2.4 Recent Developments
                   8.3 Boeing
                       8.3.1 Company Overview
                       8.3.2 Financial Performance
                       8.3.3 Product Benchmarking
                       8.3.4 Recent Developments
                   8.4 Bohemia Interactive Simulations
                       8.4.1 Company Overview
                       8.4.2 Financial Performance
                       8.4.3 Product Benchmarking
                       8.4.4 Recent Developments
                   8.5 CAE
                       8.5.1 Company Overview
                       8.5.2 Financial Performance
                       8.5.3 Product Benchmarking
                       8.5.4 Recent Developments
                   8.6 Cubic Corporation
                       8.6.1 Company Overview
                       8.6.2 Financial Performance
                       8.6.3 Product Benchmarking
                       8.6.4 Recent Developments
                   8.7 General Dynamics Information Technology, Inc.
                       8.7.1 Company Overview
                       8.7.2 Financial Performance
                       8.7.3 Product Benchmarking
                       8.7.4 Recent Developments
                   8.8 Israel Aerospace Industries Ltd.
                       8.8.1 Company Overview
                       8.8.2 Financial Performance
                       8.8.3 Product Benchmarking
                       8.8.4 Recent Developments
                   8.9 Kratos Defense & Security Solutions, Inc.
                       8.9.1 Company Overview
                       8.9.2 Financial Performance
                       8.9.3 Product Benchmarking
                       8.9.4 Recent Developments
                   8.10 L3 Link Training & Simulation
                       8.10.1 Company Overview
                       8.10.2 Financial Performance
                       8.10.3 Product Benchmarking
                       8.10.4 Recent Developments
                   8.11 Lockheed Martin Corporation
                       8.11.1 Company Overview
                       8.11.2 Financial Performance
                       8.11.3 Product Benchmarking
                       8.11.4 Recent Developments
                   8.12 Meggitt Training Systems
                       8.12.1 Company Overview
                       8.12.2 Financial Performance
                       8.12.3 Product Benchmarking
                       8.12.4 Recent Developments
                   8.13 Northrop Grumman Corporation
                       8.13.1 Company Overview
                       8.13.2 Financial Performance
                       8.13.3 Product Benchmarking
                       8.13.4 Recent Developments
                   8.14 Raytheon Company
                       8.14.1 Company Overview
                       8.14.2 Financial Performance
                       8.14.3 Product Benchmarking
                       8.14.4 Recent Developments
                   8.15 Rheinmetall AG
                       8.15.1 Company Overview
                       8.15.2 Financial Performance
                       8.15.3 Product Benchmarking
                       8.15.4 Recent Developments
                   8.16 Rockwell Collins
                       8.16.1 Company Overview
                       8.16.2 Financial Performance
                       8.16.3 Product Benchmarking
                       8.16.4 Recent Developments
                   8.17 Saab AB
                       8.17.1 Company Overview
                       8.17.2 Financial Performance
                       8.17.3 Product Benchmarking
                       8.17.4 Recent Developments
                   8.18 Thales Group
                       8.18.1 Company Overview
                       8.18.2 Financial Performance
                       8.18.3 Product Benchmarking
                       8.18.4 Recent Developments

List of Tables

Table 1 Global Military Simulation and Virtual Training market, by region, 2015 - 2025 (USD Million)
Table 2 Global Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 3 Global Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 4 Flight Simulation Military Simulation and Virtual Training market, by region, 2015 - 2025 (USD Million)
Table 5 Vehicle Simulation Military Simulation and Virtual Training market, by region, 2015 - 2025 (USD Million)
Table 6 Battlefiel Simulation Military Simulation and Virtual Training market, by region, 2015 - 2025 (USD Million)
Table 7 Virtual Boot Camp Military Simulation and Virtual Training market, by region, 2015 - 2025 (USD Million)
Table 8 Ground Military Simulation and Virtual Training market, by region, 2015 - 2025 (USD Million)
Table 9 Air Military Simulation and Virtual Training market, by region, 2015 - 2025 (USD Million)
Table 10 Naval Military Simulation and Virtual Training market, by region, 2015 - 2025 (USD Million)
Table 11 North America Military Simulation and Virtual Training market, by country, 2015 - 2025 (USD Million)
Table 12 North America Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 13 North America Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 14 U.S. Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 15 U.S. Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 17 Canada Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 18 Canada Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 19 Europe Military Simulation and Virtual Training market, by country, 2015 - 2025 (USD Million)
Table 20 Europe Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 21 Europe Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 22 U.K. Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 23 U.K. Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 24 Germany Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 25 Germany Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 26 France Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 27 France Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 28 Asia Pacific Military Simulation and Virtual Training market, by country, 2015 - 2025 (USD Million)
Table 29 Asia Pacific Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 30 Asia Pacific Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 31 China Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 32 China Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 33 Japan Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 34 Japan Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 35 India Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 36 India Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 37 Latin America Military Simulation and Virtual Training market, by country, 2015 - 2025 (USD Million)
Table 38 Latin America Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 39 Latin America Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 40 Brazil Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 41 Brazil Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 42 Mexico Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 43 Mexico Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Table 44 MEA Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Table 45 MEA Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)

List of Figures

Fig.1 Market research process
Fig.2 Information procurement
Fig.3 Military Simulation and Virtual Training market segmentation
Fig.4 Military Simulation and Virtual Training market snapshot
Fig.5 Global Military Simulation and Virtual Training market, 2015 - 2025 (USD Million)
Fig.6 Global Military Simulation and Virtual Training market, by platform, 2015 - 2025 (USD Million)
Fig.7 Global Military Simulation and Virtual Training market, by application, 2015 - 2025 (USD Million)
Fig.8 Global Military Simulation and Virtual Training market, by region, 2015 - 2025 (USD Million)
Fig.9 Military Simulation and Virtual Training market: Value chain analysis
Fig.10 Global Military Simulation and Virtual Training market - Penetration and growth prospect mapping
Fig.11 Military Simulation and Virtual Training market: PORTER's analysis
Fig.12 Military Simulation and Virtual Training market share analysis, 2017
Fig.13 Military Simulation and Virtual Training market: PEST analysis
Fig.14 Military Simulation and Virtual Training market: Platform analysis
Fig.15 Military Simulation and Virtual Training market: Application analysis
Fig.16 Military Simulation and Virtual Training market: Technology analysis
Fig.17 Military Simulation and Virtual Training market: Regional analysis
Fig.18 North America Military Simulation and Virtual Training market - key takeaways
Fig.19 Europe Military Simulation and Virtual Training market - key takeaways
Fig.20 Asia Pacific Military Simulation and Virtual Training market - key takeaways
Fig.21 Latin America Military Simulation and Virtual Training market - key takeaways
Fig.22 Middle East and Africa Military Simulation and Virtual Training market - key takeaways