2018-2023 Global Military Virtual Training Market Report (Status and Outlook)
NxtGen Reports recently added a new market research report in its offerings titled, "2018-2023 Global Military Virtual Training Market Report (Status and Outlook)".
(EMAILWIRE.COM, October 25, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Military Virtual Training market for 2018-2023.
Traditional military virtual training is mainly flight simulators with training missions including how to fly in battle, how to recover in an emergency, how to coordinate air support with ground operations, etc. Nowadays the virtual reality technology is gradually used in the military virtual training. In virtual reality military training, a computer-generated environment simulates reality by means of interactive devices that send and receive information and are worn as goggles, headsets, gloves, or body suits. They are more cost savings.
Factors, such as complexity of simulator systems, lack of interoperability, concerns with simulation training, and difficulty for manufacturers to keep pace with the growing simulation industry may inhibit the growth of the military simulation and training market. The US military has been using virtual reality for training purposes since at least 2012 with proprietary hardware and software. Examples of simulations currently used include flight simulations, battlefield simulations, and medic training. These simulations help soldiers train for dangerous settings in a more cost effective manner than traditional approaches.
COTS game modifications become a cost effective alternative to normal training. With this digital training soldiers learn important lessons and do get more responsible, which might save lives in the future. There is a shift in the type of military simulation. Nowadays behavioral activities and interaction between humans and virtual characters is much more important than it used to be. Military simulators are further refined in the future. The use of virtual reality in simulation has just begun and it can expect much more of this in the military field.We forecast that the AGAR of virtual reality for Military will be 37% in the 2016E-2021F and the market size will be 944 million USD in 2021.
Over the next five years, this report projects that Military Virtual Training will register a 2.2% CAGR in terms of revenue, reach US$ 11300 million by 2023, from US$ 9930 million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Military Virtual Training market by product type, application, key companies and key regions.
To calculate the market size, this report considers value generated from the sales of the following segments:
Segmentation by product type:
Traditional Military Virtual Training
Virtual Reality Based Military Training
Segmentation by application:
Flight Simulation
Battlefield Simulation
Medic Training (battlefield)
Vehicle Simulation
Virtual Boot Camp
We can also provide the customized separate regional or country-level reports, for the following regions:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
L-3 Link Simulation and Training
Boeing
CAE Inc
FlightSafety International
Thales
Lockheed Martin
Cubic Corporation
Rheinmetall Defence
Raytheon
Rockwell Collins
Elbit Systems
Virtual Reality Media
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Military Virtual Training market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Military Virtual Training market by identifying its various subsegments.
Focuses on the key global Military Virtual Training players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Military Virtual Training with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Military Virtual Training submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-military-virtual-training-market
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Traditional military virtual training is mainly flight simulators with training missions including how to fly in battle, how to recover in an emergency, how to coordinate air support with ground operations, etc. Nowadays the virtual reality technology is gradually used in the military virtual training. In virtual reality military training, a computer-generated environment simulates reality by means of interactive devices that send and receive information and are worn as goggles, headsets, gloves, or body suits. They are more cost savings.
Factors, such as complexity of simulator systems, lack of interoperability, concerns with simulation training, and difficulty for manufacturers to keep pace with the growing simulation industry may inhibit the growth of the military simulation and training market. The US military has been using virtual reality for training purposes since at least 2012 with proprietary hardware and software. Examples of simulations currently used include flight simulations, battlefield simulations, and medic training. These simulations help soldiers train for dangerous settings in a more cost effective manner than traditional approaches.
COTS game modifications become a cost effective alternative to normal training. With this digital training soldiers learn important lessons and do get more responsible, which might save lives in the future. There is a shift in the type of military simulation. Nowadays behavioral activities and interaction between humans and virtual characters is much more important than it used to be. Military simulators are further refined in the future. The use of virtual reality in simulation has just begun and it can expect much more of this in the military field.We forecast that the AGAR of virtual reality for Military will be 37% in the 2016E-2021F and the market size will be 944 million USD in 2021.
Over the next five years, this report projects that Military Virtual Training will register a 2.2% CAGR in terms of revenue, reach US$ 11300 million by 2023, from US$ 9930 million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Military Virtual Training market by product type, application, key companies and key regions.
To calculate the market size, this report considers value generated from the sales of the following segments:
Segmentation by product type:
Traditional Military Virtual Training
Virtual Reality Based Military Training
Segmentation by application:
Flight Simulation
Battlefield Simulation
Medic Training (battlefield)
Vehicle Simulation
Virtual Boot Camp
We can also provide the customized separate regional or country-level reports, for the following regions:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
L-3 Link Simulation and Training
Boeing
CAE Inc
FlightSafety International
Thales
Lockheed Martin
Cubic Corporation
Rheinmetall Defence
Raytheon
Rockwell Collins
Elbit Systems
Virtual Reality Media
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Military Virtual Training market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Military Virtual Training market by identifying its various subsegments.
Focuses on the key global Military Virtual Training players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Military Virtual Training with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Military Virtual Training submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-military-virtual-training-market
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Contact Information:
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results