The Global Military Simulation and Virtual Training Market 2014-2024

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Published on March 15, 2014

Author: JSBMarketResearch

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The Global Military Simulation and Virtual Training Market 2014-2024: The Global Military Simulation and Virtual Training Market 2014-2024 Summary: Summary The defense ministries around the world are taking significant cost cutting initiatives across their militaries in order to cope with their reduced financial resources. Governments are downsizing their militaries and cutting down on training budgets. As a result, militaries are currently focusing on attaining cheaper and more effective solutions for their training requirements. Many countries have claimed to have reorganized their militaries, so that they are smaller but more powerful, they intend to achieve the same through innovative simulation and virtual training systems Governments consider live training programs to be expensive and logistically difficult, whereas simulators area more cost effective and agile alternative. Therefore, militaries are gradually moving towards a balanced mix of live training and simulator training for their forces. For example, Air Force pilots undergo extensive flight training in academies and the live flight training exercises are very expensive. The US Air Force claims to spend approximately US$2.9 million to train a fighter jet pilot and US$600,000 to train an airlift pilot. Key Benefits of this Report : Key Benefits of this Report The report provides detailed analysis of the market for military simulation and virtual training systems during 20142024, including factors that influence why countries are investing or cutting expenditure on military simulation and virtual training systems. It provides detailed expectations of growth rates and projected total expenditure. Recent years have witnessed an increase in the joint ventures and partnership programs in the simulation and virtual training sector. The countries around the globe are working on several simulation platforms. With the help of joint ventures, these companies have been successful in sharing technological know-how in an endeavor to save cost. The collaborative projects also serve the purpose of significantly reducing the research and development time which is crucial in building military simulation platforms. This report is the result of SDIs extensive market and company research, covering the global military simulation and virtual training industry. It provides detailed analysis of both, historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news. Key Market Issue: Key Market Issue Historically, military simulators have been applied in narrowly focused contexts to achieve specific sets of goals. If no single system could fulfill the objectives of a given training exercise, a new system was constructed or the objectives of the exercise modified to accommodate the capabilities at hand. The need for interoperability between different military simulation systems is growing as the complexity of modern war fighting rises above the handling capacity of large models. Therefore, the development of consistent model federations has become as important as the development of new (interoperable) models. However, complex military simulation systems belong to the class of model-based information systems, and the principal aspects of such information systems are an abstraction from reality. Various experiments with the high-resolution combat simulation systems and some modules implementing basic command and control functionality have shown that there is a challenge for combining model-based information systems. Simple task trainers, such as firing simulators for the use of firearms, and computer-assisted teaching, such as driving simulators are mainly used by the armed forces in the basic training of individual soldiers. However, most military situations require the use of highly specialized equipment and consequently high caliber simulators, such as a flight or armored tank simulators, have been developed. The development and use of high-fidelity simulators has risen sharply over the last five years, particularly for activities that require the mastering of a specific skill, such as flying or tank combat. Key Highlights: Key Highlights Numerous countries including the US, Russia, China, India and the UK are currently involved in the procurement of a range of military equipment including, rotorcraft, naval surface combatants and armored vehicles, in order to replace their ageing fleets and obsolete weapons. Therefore, they are rapidly inducting new technology into their militaries which projects a significant need for training for personnel. The quickly growing military aircraft is expected to be the major driver for the simulation and virtual training market, resulting in the flight simulators segment to be the largest during the forecast period. Helicopter Simulators is the second largest segment which is driven by the robust growth of the military rotorcraft market. Increasing demand for UAVs around the world is anticipated to drive the UAV simulator market during the forecast period. With the increased use of UAVs that are cost effective, for reconnaissance and surveillance missions, training the Air Force personnel is expected to become critical. UAVs equipped with advanced technologies serve as force multipliers and enable armed forces to deploy fewer personnel in a combat area, without compromising their capability to detect and counter potential threats posed by terrorist organizations, pirates, insurgents and illegal immigrants. This is the primary reason why deployment of unmanned spy aircraft in combat zones is growing and in turn is driving demand for UAV simulators, and related virtual training programs, across the globe . Related Market Research Report : Related Market Research Report Future of the Norwegian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019 Future of the Japanese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019 The Global Soldier Modernization Market 2014-2024 Future of the US Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019 The Global Military Electro Optical Infrared(EO/IR)Market 2014-2024 About JSB Market Research : About JSB Market Research Jsbmarketresearch.com is an online repository of an extensive collection of market research reports available online. This online portal contains high-quality reports with well-researched and high-quality content on a wide range of industries. These market research reports help us give a detailed insight into new opportunities in the industry, prevailing market trends, competitor analysis and future prospects. JSB’s reports are developed by the domain experts and publishers under a closely observed surveillance of industry specialists. Therefore, the researched data is well researched, well- organized and matching up to the best standards in the industry. Also JSB’s database consists of detailed insights of the leading players in the global market, products and trends. Find More Details Click On :- http://www.jsbmarketresearch.com/defense/r-The-Global-Military-Simulation-and-Virtual-Training-Market-2014-2024-83191 Contact Us: Contact Us Support & General Inquiries Mail : support@jsbmarketresearch.com 1-800-986-4312 Billing Support Mail : billing@jsbmarketresearch.com +91 22 412 366 50 Website http://www.jsbmarketresearch.com

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