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The Global Military Simulation and Training Market is expected to reach $18.53 billion by 2027 growing at a CAGR of 6.2% from 2020 to 2027. Military simulation and training is a technology utilized for providing training services for maintenance and system used for military warfare procedures. Military simulation and virtual training are a vital part of military activities. It is a time-effective and cost-saving approach and is significantly utilized by the defense sector where it is utilized for the training of workforce for facilitating personnel with new techniques and procedures, to develop and measure new tactics as well as higher responsibilities and effectiveness of new weapons. Factors such as a decrease in military spending plans in developed countries, rise in the number of political disputes and civil unrest across the globe and adoption of virtual training to guarantee the safety of trainees and cost-effectiveness are propelling the growth of the market. However, the high complexity of simulator systems is restraining the growth of the market. Based on the end user, the ground simulation segment is going to have a lucrative growth during the forecast period which can be attributed to the rising investment for military ground equipment from emerging economies across the globe. The key vendors mentioned are Aai Corporation, BAE Systems, Boeing Company, Bohemia Interactive Simulations, CAE, Cubic Corporation, Fidelity Technologies Corporation, General Dynamics Information Technology, Inc., Israel Aerospace Industries Ltd., Kratos Defense & Security Solutions, Inc, L3 Link Training & Simulation, Lockheed Martin Corporation, Northrop Grumman Corporation, Rheinmetall AG and Rockwell Collins Inc. Types Covered: • Automatic Operation • Manual Operation Training Types Covered: • Constructive Training • Gaming Simulation Training • Live Training • Virtual Training Applications Covered: • Combat Support • Explosive Ordnance Disposal • Firefighting • Intelligence, Surveillance, and Reconnaissance (ISR) • Mine Clearance • Search And Rescue • Transportation End Users Covered: • Airborne Simulation • Ground Simulation • Naval Simulation Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2019 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Military Simulation and Training Market, By Type
5.1 Introduction
5.2 Automatic Operation
5.3 Manual Operation
6 Global Military Simulation and Training Market, By Training Type
6.1 Introduction
6.2 Constructive Training
6.3 Gaming Simulation Training
6.4 Live Training
6.5 Virtual Training
7 Global Military Simulation and Training Market, By Application
7.1 Introduction
7.2 Combat Support
7.3 Explosive Ordnance Disposal
7.4 Firefighting
7.5 Intelligence, Surveillance, and Reconnaissance (ISR)
7.6 Mine Clearance
7.7 Search And Rescue
7.8 Transportation
8 Global Military Simulation and Training Market, By End User
8.1 Introduction
8.2 Airborne Simulation
8.3 Ground Simulation
8.4 Naval Simulation
9 Global Military Simulation and Training Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Strategic Benchmarking
11 Vendors Landscape
11.1 Aai Corporation
11.2 BAE Systems
11.3 Boeing Company
11.4 Bohemia Interactive Simulations
11.5 CAE
11.6 Cubic Corporation
11.7 Fidelity Technologies Corporation
11.8 General Dynamics Information Technology, Inc.
11.9 Israel Aerospace Industries Ltd.
11.10 Kratos Defense & Security Solutions, Inc.
11.11 L3 Link Training & Simulation
11.12 Lockheed Martin Corporation
11.13 Northrop Grumman Corporation
11.14 Rheinmetall AG
11.15 Rockwell Collins Inc.
List of Data Tables
1 Global Military Simulation and Training Market Outlook, By Region (2019-2027) ($MN)
2 Global Military Simulation and Training Market Outlook, By Type (2019-2027) ($MN)
3 Global Military Simulation and Training Market Outlook, By Automatic Operation (2019-2027) ($MN)
4 Global Military Simulation and Training Market Outlook, By Manual Operation (2019-2027) ($MN)
5 Global Military Simulation and Training Market Outlook, By Training Type (2019-2027) ($MN)
6 Global Military Simulation and Training Market Outlook, By Constructive Training (2019-2027) ($MN)
7 Global Military Simulation and Training Market Outlook, By Gaming Simulation Training (2019-2027) ($MN)
8 Global Military Simulation and Training Market Outlook, By Live Training (2019-2027) ($MN)
9 Global Military Simulation and Training Market Outlook, By Virtual Training (2019-2027) ($MN)
10 Global Military Simulation and Training Market Outlook, By Application (2019-2027) ($MN)
11 Global Military Simulation and Training Market Outlook, By Combat Support (2019-2027) ($MN)
12 Global Military Simulation and Training Market Outlook, By Explosive Ordnance Disposal (2019-2027) ($MN)
13 Global Military Simulation and Training Market Outlook, By Firefighting (2019-2027) ($MN)
14 Global Military Simulation and Training Market Outlook, By Intelligence, Surveillance, and Reconnaissance (ISR) (2019-2027) ($MN)
15 Global Military Simulation and Training Market Outlook, By Mine Clearance (2019-2027) ($MN)
16 Global Military Simulation and Training Market Outlook, By Search And Rescue (2019-2027) ($MN)
17 Global Military Simulation and Training Market Outlook, By Transportation (2019-2027) ($MN)
18 Global Military Simulation and Training Market Outlook, By End User (2019-2027) ($MN)
19 Global Military Simulation and Training Market Outlook, By Airborne Simulation (2019-2027) ($MN)
20 Global Military Simulation and Training Market Outlook, By Ground Simulation (2019-2027) ($MN)
21 Global Military Simulation and Training Market Outlook, By Naval Simulation (2019-2027) ($MN)
22 North America Military Simulation and Training Market Outlook, By Type (2019-2027) ($MN)
23 North America Military Simulation and Training Market Outlook, By Training Type (2019-2027) ($MN)
24 North America Military Simulation and Training Market Outlook, By Application (2019-2027) ($MN)
25 North America Military Simulation and Training Market Outlook, By End User (2019-2027) ($MN)
26 Europe Military Simulation and Training Market Outlook, By Type (2019-2027) ($MN)
27 Europe Military Simulation and Training Market Outlook, By Training Type (2019-2027) ($MN)
28 Europe Military Simulation and Training Market Outlook, By Application (2019-2027) ($MN)
29 Europe Military Simulation and Training Market Outlook, By End User (2019-2027) ($MN)
30 Asia Pacific Military Simulation and Training Market Outlook, By Type (2019-2027) ($MN)
31 Asia Pacific Military Simulation and Training Market Outlook, By Training Type (2019-2027) ($MN)
32 Asia Pacific Military Simulation and Training Market Outlook, By Application (2019-2027) ($MN)
33 Asia Pacific Military Simulation and Training Market Outlook, By End User (2019-2027) ($MN)
34 South America Military Simulation and Training Market Outlook, By Type (2019-2027) ($MN)
35 South America Military Simulation and Training Market Outlook, By Training Type (2019-2027) ($MN)
36 South America Military Simulation and Training Market Outlook, By Application (2019-2027) ($MN)
37 South America Military Simulation and Training Market Outlook, By End User (2019-2027) ($MN)
38 Middle East & Africa Military Simulation and Training Market Outlook, By Type (2019-2027) ($MN)
39 Middle East & Africa Military Simulation and Training Market Outlook, By Training Type (2019-2027) ($MN)
40 Middle East & Africa Military Simulation and Training Market Outlook, By Application (2019-2027) ($MN)
41 Middle East & Africa Military Simulation and Training Market Outlook, By End User (2019-2027) ($MN)