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2021
Military Simulation And Training Market

Military Simulation and Training Market by Application (Airborne Simulation, Naval Simulation, and Ground Simulation) and Training Type (Live Training, Virtual Training, Constructive Training, and Gaming Simulation Training): Global Opportunity Analysis and Industry Forecast, 2021–2030

A14172
Pages: 261
Oct 2021 | 240 Views
   
Author(s) : Omkar Bachal , Sonia Mutreja
Tables: 87
Charts: 73
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Military Simulation and Training Market Statistics 2030 -

The global military simulation and training market was valued at $11.56 billion in 2020, and is projected to reach $20.58 billion by 2030, registering a CAGR of 6.2%. North America was the highest revenue contributor, accounting for $4.24 billion in 2020, and is estimated to reach $8.03 billion by 2030, with a CAGR of 6.9%. 

The spread of the COVID-19 pandemic has negatively impacted the global Military Simulation and Training market. Military simulation and training industry was expected to witness steady growth in 2020; however, due to the adverse impact of the widespread COVID-19 pandemic, it experienced a significant decline in the supply of training and simulation platforms applications. Major factors for the decline in the military simulation and training market are disruptions in manufacturing and supply chains across the globe.

Military simulation and training are a series of activities for developing the battlefield environment without actual hostilities. For effective training activities of the military personal without involving high cost for training, military simulation and training solution serves as an effective approach, which is highly adopted by military forces across the globe. Military simulation and training involve the use of high-end technology-enabled platforms that provide the military personnel with effective operational capability. Military simulation and training solutions reduce the live equipment utilization, thus increasing cost-effectiveness. The military simulation and training solutions find their major application in armed forces, naval forces, and air military forces.

Military-Simulation-and-Training-Market

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Factors such as increase in territorial conflicts worldwide and rise in defense expenditure are expected to drive the growth of the military simulation and training market. However, high costs associated with military simulation and training services & products restrain the market growth. On the contrary, contracts & agreements with military forces and defense modernization are projected to offer lucrative growth opportunities for the market players.

The global military simulation and training market is segmented into application, training type, and region. Depending on application, the market is segregated into airborne simulation, naval simulation, and ground simulation. On the basis of training type, it is fragmented into live training, virtual training, constructive training, and gaming simulation training. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Leading players and their key business strategies have been analyzed in the report to gain a competitive insight into the market. The key players covered in the report include CAE, Inc., Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Meggitt PLC, Northrop Grumman Corporation, Raytheon Technologies, Rheinmetall AG, SAAB AB, Textron Inc., and Thales Group. 

Military Simulation and Training Market
By Application

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Airborne Simulation segment is projected as the most lucrative segments

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Increase in territorial conflicts worldwide

In recent years, numerous nations have been witnessing increased risks of wars and conflicts. The recent political upheaval that happened in Afghanistan in August 2021 has brought the country in a permanent state of chaos. Moreover, rise in terrorist attacks and violent conflicts in the country is expected to lead to more unfavorable situations across neighboring nations.  Furthermore, numerous wars and minor conflicts are ongoing in several countries globally, most of which are in the Middle East, Northwest Asia, and sub-Saharan Africa. Thus, nations across the world are investing in simulation and training technologies to train the military force for upcoming possible threats. Thus, all these factors are anticipated to propel the growth of the global small arms market during the forecast period

Rise in defense expenditure

The global defense expenditure has seen exponential growth in recent years. According to the Stockholm International Peace Research Institute (SIPRI), the global military expenditure has reached $1,981 billion in 2020 with a 2.6% year-on-year increase. To modernize the defense forces to tackle the rise in threats of wars and other internal conflicts, many nations are continuously increasing their defense spending to purchase and manufacture advanced security solutions. The military expenditure accounted for 2.4% of the global gross domestic product in 2020. Thus, increase in global military expenditure has augmented the adoption of simulation and training technology. Furthermore, advancements of weapons and attacking capabilities worldwide have fostered the demand for modernization and installation of sophisticated defense infrastructure by governments to be prepared for any unprecedented threats and offensive attacks from foreign countries. Militaries across the globe are investing in the simulation and training solutions for effective operations of advanced security systems and handle the activities. Hence, increase in defense expenditure is expected to open new avenues for the growth of the military simulation and training market during the forecast period  

Military Simulation and Training Market
By Training Type

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Live Training segment is projected as the most lucrative segments

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Contracts and agreements with military forces

Military agencies are the key consumers of simulation and training solutions & services. Procurement activities of these simulation and training solutions are planned by considering the budget allocations and security severity. The commencement of the simulation and training solutions is likely to be carried out through long-term agreements and contracts between defense department and solution suppliers of simulation and training solutions. These agreements mention a set of requirements that must be met in a certain timeframe. These contracts and agreements are associated with long-term business opportunities with these military agencies as well. Thus, market participants need to focus on winning the contracts and agreements to gain a competitive advantage in the global market.

COVID-19 impact analysis 

The outbreak of the COVID-19 pandemic has negatively impacted the global military simulation and training market, owing to commute restrictions, and is expected to weaken the financial performance of the market players in 2020. It has impacted the overall economy, and contributors such as market participants are formulating strategic cost-saving plans. The major risk factors of the military simulation and training market participants are regulatory & policy changes, dependency on labor, working capital management, and liquidity & solvency management. Majority of the developing facilities of military simulation and training have been shut down during the pandemic due to commute restrictions, workforce unavailability, and supply chain disturbance.

Military Simulation and Training Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

North America would exhibit the highest CAGR of 6.9% during 2021-2030.

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Key Benefits For Stakeholders

  • This study presents analytical depiction of the market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.
  • The military simulation and training market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Application

  • Airborne Simulation
  • Naval Simulation
  • Ground Simulation

By Training Type

  • Live Training
  • Virtual Training
  • Constructive Training
  • Gaming Simulation Training

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Spain
    • France
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • CAE, Inc.
  • Israel Aerospace Industries Ltd.
  • Lockheed Martin Corporation
  • Meggitt PLC
  • Northrop Grumman Corporation 
  • Raytheon Technologies 
  • Rheinmetall AG 
  • SAAB AB
  • Textron Inc.
  • Thales Group
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Key player positioning, 2020
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in territorial conflicts worldwide
3.5.1.2.Growth in defense expenditure

3.5.2.Restraint

3.5.2.1.High costs associated with military simulation and training services & products

3.5.3.Opportunities

3.5.3.1.Contracts and agreements with military forces
3.5.3.2.Defense modernization

3.6.COVID-19 impact analysis

3.6.1.Evolution of outbreaks
3.6.2.Macroeconomic impact analysis
3.6.3.Microeconomic impact analysis
3.6.4.Impact on industry analysis

CHAPTER 4:MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION

4.1.Overview
4.2.Airborne Simulation

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Naval Simulation

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Ground Simulation

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

CHAPTER 5:MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE

5.1.Overview
5.2.Live Training

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Virtual Training

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Constructive Training

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Gaming Simulation Training

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

CHAPTER 6:MILITARY SIMULATION AND TRAINING MARKET, BY REGION

6.1.Overview
6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by application
6.2.3.Market size and forecast, by training type
6.2.4.Market size and forecast, by country

6.2.4.1.U.S.

6.2.4.1.1.Market size and forecast, by application
6.2.4.1.2.Market size and forecast, by training type

6.2.4.2.Canada

6.2.4.2.1.Market size and forecast, by application
6.2.4.2.2.Market size and forecast, by training type

6.2.4.3.Mexico

6.2.4.3.1.Market size and forecast, by application
6.2.4.3.2.Market size and forecast, by training type

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by application
6.3.3.Market size and forecast, by training type
6.3.4.Market size and forecast, by country

6.3.4.1.UK

6.3.4.1.1.Market size and forecast, by application
6.3.4.1.2.Market size and forecast, by training type

6.3.4.2.Germany

6.3.4.2.1.Market size and forecast, by application
6.3.4.2.2.Market size and forecast, by training type

6.3.4.3.France

6.3.4.3.1.Market size and forecast, by application
6.3.4.3.2.Market size and forecast, by training type

6.3.4.4.Spain

6.3.4.4.1.Market size and forecast, by application
6.3.4.4.2.Market size and forecast, by training type

6.3.4.5.Rest of Europe

6.3.4.5.1.Market size and forecast, by application
6.3.4.5.2.Market size and forecast, by training type

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by application
6.4.3.Market size and forecast, by training type
6.4.4.Market size and forecast, by country

6.4.4.1.China

6.4.4.1.1.Market size and forecast, by application
6.4.4.1.2.Market size and forecast, by training type

6.4.4.2.Japan

6.4.4.2.1.Market size and forecast, by application
6.4.4.2.2.Market size and forecast, by training type

6.4.4.3.South Korea

6.4.4.3.1.Market size and forecast, by application
6.4.4.3.2.Market size and forecast, by training type

6.4.4.4.India

6.4.4.4.1.Market size and forecast, by application
6.4.4.4.2.Market size and forecast, by training type

6.4.4.5.Rest of Asia-Pacific

6.4.4.5.1.Market size and forecast, by application
6.4.4.5.2.Market size and forecast, by training type

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by application
6.5.3.Market size and forecast, by training type
6.5.4.Market size and forecast, by country

6.5.4.1.Latin America

6.5.4.1.1.Market size and forecast, by application
6.5.4.1.2.Market size and forecast, by training type

6.5.4.2.Middle East

6.5.4.2.1.Market size and forecast, by application
6.5.4.2.2.Market size and forecast, by training type

6.5.4.3.Africa

6.5.4.3.1.Market size and forecast, by application
6.5.4.3.2.Market size and forecast, by training type

CHAPTER 7:COMPANY PROFILES

7.1.CAE Inc.

7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Operating business segments
7.1.4.Product portfolio
7.1.5.Business performance
7.1.6.Key strategic moves and developments

7.2.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI)

7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Operating business segments
7.2.4.Product portfolio
7.2.5.Business performance

7.3.LOCKHEED MARTIN CORPORATION

7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Operating business segments
7.3.4.Product portfolio
7.3.5.Business performance
7.3.6.Key strategic moves and developments

7.4.MEGGITT PLC

7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Operating business segments
7.4.4.Product portfolio
7.4.5.Business performance

7.5.NORTHROP GRUMMAN CORPORATION

7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Operating business segments
7.5.4.Product portfolio
7.5.5.Business performance
7.5.6.Key strategic moves and developments

7.6.RAYTHEON TECHNOLOGIES CORPORATION

7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Operating business segments
7.6.4.Product portfolio
7.6.5.Business performance
7.6.6.Key strategic moves and developments

7.7.RHEINMETALL AG

7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Operating business segments
7.7.4.Product portfolio
7.7.5.Business performance
7.7.6.Key strategic moves and developments

7.8.SAAB AB

7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Operating business segments
7.8.4.Product portfolio
7.8.5.Business performance
7.8.6.Key strategic moves and developments

7.9.TEXTRON INC.

7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Operating business segments
7.9.4.Product portfolio
7.9.5.Business performance
7.9.6.Key strategic moves and developments

7.10.THALES GROUP

7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Operating business segments
7.10.4.Product portfolio
7.10.5.Business performance
7.10.6.Key strategic moves and developments

LIST OF TABLES

TABLE 01.MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 02.MILITARY SIMULATION AND TRAINING MARKET FOR AIRBORNE SIMULATION, BY REGION, 2020–2030 ($MILLION)
TABLE 03.MILITARY SIMULATION AND TRAINING MARKET FOR NAVAL SIMULATION, BY REGION, 2020–2030 ($MILLION)
TABLE 04.MILITARY SIMULATION AND TRAINING MARKET FOR GROUND SIMULATION, BY REGION, 2020–2030 ($MILLION)
TABLE 05.MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 06.MILITARY SIMULATION AND TRAINING MARKET FOR LIVE TRAINING, BY REGION, 2020–2030 ($MILLION)
TABLE 07.MILITARY SIMULATION AND TRAINING MARKET FOR VIRTUAL TRAINING, BY REGION, 2020–2030 ($MILLION)
TABLE 08.MILITARY SIMULATION AND TRAINING MARKET FOR CONSTRUCTIVE TRAINING, BY REGION, 2020–2030 ($MILLION)
TABLE 09.MILITARY SIMULATION AND TRAINING MARKET FOR GAMING SIMULATION TRAINING, BY REGION, 2020–2030 ($MILLION)
TABLE 10.MILITARY SIMULATION AND TRAINING MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 11.NORTH AMERICA MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 12.NORTH AMERICA MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 13.U.S. MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 14.U.S. MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 15.CANADA MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 16.CANADA MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 17.MEXICO MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 18.MEXICO MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 19.EUROPE MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 20.EUROPE MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 21.UK MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 22.UK MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 23.GERMANY MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 24.GERMANY MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 25.FRANCE MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 26.FRANCE MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 27.SPAIN MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 28.SPAIN MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 29.REST OF EUROPE MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 30.REST OF EUROPE MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 31.ASIA-PACIFIC MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 32.ASIA-PACIFIC MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 33.CHINA MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 34.CHINA MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 35.JAPAN MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 36.JAPAN MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 37.SOUTH KOREA MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 38.SOUTH KOREA MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 39.INDIA MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 40.INDIA MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 41.REST OF ASIA-PACIFIC MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 42.REST OF ASIA-PACIFIC MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 43.LAMEA MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 44.LAMEA MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 45.LATIN AMERICA MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 46.LATIN AMERICA MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 47.MIDDLE EAST MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 48.MIDDLE EAST MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 49.AFRICA MILITARY SIMULATION AND TRAINING MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 50.AFRICA MILITARY SIMULATION AND TRAINING MARKET, BY TRAINING TYPE, 2020–2030 ($MILLION)
TABLE 51.CAE INC.: COMPANY SNAPSHOT
TABLE 52.CAE INC.: OPERATING SEGMENTS
TABLE 53.CAE INC.: PRODUCT PORTFOLIO
TABLE 54.CAE INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 55.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): COMPANY SNAPSHOT
TABLE 56.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): OPERATING SEGMENTS
TABLE 57.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): PRODUCT PORTFOLIO
TABLE 58.LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
TABLE 59.LOCKHEED MARTIN CORPORATION: OPERATING SEGMENTS
TABLE 60.LOCKHEED MARTIN CORPORATION: PRODUCT PORTFOLIO
TABLE 61.LOCKHEED MARTIN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 62.MEGGITT PLC: COMPANY SNAPSHOT
TABLE 63.MEGGITT PLC: OPERATING SEGMENTS
TABLE 64.MEGGITT PLC: PRODUCT PORTFOLIO
TABLE 65.NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT
TABLE 66.NORTHROP GRUMMAN CORPORATION: OPERATING SEGMENTS
TABLE 67.NORTHROP GRUMMAN CORPORATION: PRODUCT PORTFOLIO
TABLE 68.NORTHROP GRUMMAN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 69.RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
TABLE 70.RAYTHEON TECHNOLOGIES CORPORATION: OPERATING SEGMENTS
TABLE 71.RAYTHEON TECHNOLOGIES CORPORATION: PRODUCT PORTFOLIO
TABLE 72.RAYTHEON TECHNOLOGIES CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 73.RHEINMETALL AG: COMPANY SNAPSHOT
TABLE 74.RHEINMETALL AG: OPERATING SEGMENTS
TABLE 75.RHEINMETALL AG: PRODUCT PORTFOLIO
TABLE 76.RHEINMETALL AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 77.SAAB AB: COMPANY SNAPSHOT
TABLE 78.SAAB AB: OPERATING SEGMENTS
TABLE 79.SAAB AB: PRODUCT PORTFOLIO
TABLE 80.SAAB AB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 81.TEXTRON INC: COMPANY SNAPSHOT
TABLE 82.TEXTRON INC: OPERATING SEGMENTS
TABLE 83.TEXTRON INC: PRODUCT PORTFOLIO
TABLE 84.TEXTRON INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 85.THALES GROUP: COMPANY SNAPSHOT
TABLE 86.THALES GROUP: OPERATING SEGMENTS
TABLE 87.THALES GROUP: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.MILITARY SIMULATION AND TRAINING MARKET, BY SEGMENTATION, 2021–2030
FIGURE 03.MILITARY SIMULATION AND TRAINING MARKET, BY REGION, 2021–2030
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021*
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 12.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 13.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 14.KEY PLAYER POSITIONING (2020)
FIGURE 15.MILITARY SIMULATION AND TRAINING MARKET SHARE, BY APPLICATION, 2020–2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF MILITARY SIMULATION AND TRAINING MARKET FOR AIRBORNE SIMULATION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF MILITARY SIMULATION AND TRAINING MARKET FOR NAVAL SIMULATION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF MILITARY SIMULATION AND TRAINING MARKET FOR GROUND SIMULATION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.MILITARY SIMULATION AND TRAINING MARKET SHARE, BY TRAINING TYPE, 2020–2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF MILITARY SIMULATION AND TRAINING MARKET FOR LIVE TRAINING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF MILITARY SIMULATION AND TRAINING MARKET FOR VIRTUAL TRAINING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF MILITARY SIMULATION AND TRAINING MARKET FOR CONSTRUCTIVE TRAINING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF MILITARY SIMULATION AND TRAINING MARKET FOR GAMING SIMULATION TRAINING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.MILITARY SIMULATION AND TRAINING MARKET, BY REGION, 2020–2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF MILITARY SIMULATION AND TRAINING MARKET, BY COUNTRY,  2020–2030 (%)
FIGURE 26.U.S. MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 27.CANADA MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 28.MEXICO MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF MILITARY SIMULATION AND TRAINING MARKET, BY COUNTRY,  2020–2030 (%)
FIGURE 30.UK MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 31.GERMANY MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 32.FRANCE MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 33.SPAIN MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 34.REST OF EUROPE MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 35.COMPARATIVE SHARE ANALYSIS OF MILITARY SIMULATION AND TRAINING MARKET, BY COUNTRY,  2020–2030 (%)
FIGURE 36.CHINA MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 37.JAPAN MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 38.SOUTH KOREA MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 39.INDIA MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 40.REST OF ASIA-PACIFIC MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 41.COMPARATIVE SHARE ANALYSIS OF MILITARY SIMULATION AND TRAINING MARKET, BY COUNTRY,  2020–2030 (%)
FIGURE 42.LATIN AMERICA MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 43.MIDDLE EAST MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 44.AFRICA MILITARY SIMULATION AND TRAINING MARKET, 2020–2030 ($MILLION)
FIGURE 45.CAE INC.: NET SALES, 2019–2021 ($MILLION)
FIGURE 46.CAE INC.: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 47.CAE INC.: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 48.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): REVENUE, 2018–2020 ($MILLION)
FIGURE 49.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 50.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): REVENUE SHARE BY REGION, 2019 (%)
FIGURE 51.LOCKHEED MARTIN CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 52.LOCKHEED MARTIN CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 53.LOCKHEED MARTIN CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 54.MEGGITT PLC: NET SALES, 2018–2020 ($MILLION)
FIGURE 55.MEGGITT PLC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 56.MEGGITT PLC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 57.NORTHROP GRUMMAN CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 58.NORTHROP GRUMMAN CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 59.NORTHROP GRUMMAN CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 60.RAYTHEON TECHNOLOGIES CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 61.RAYTHEON TECHNOLOGIES CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 62.RAYTHEON TECHNOLOGIES CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 63.RHEINMETALL AG: REVENUE, 2018–2020 ($MILLION)
FIGURE 64.RHEINMETALL AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.SAAB AB: REVENUE, 2018–2020 ($MILLION)
FIGURE 66.SAAB AB: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 67.SAAB AB: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 68.TEXTRON INC: NET SALES, 2018–2020 ($MILLION)
FIGURE 69.TEXTRON INC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 70.TEXTRON INC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 71.THALES GROUP: NET SALES, 2018–2020 ($MILLION)
FIGURE 72.THALES GROUP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 73.THALES GROUP: REVENUE SHARE BY REGION, 2020 (%)

 
 

Military training is a crucial component for every military forces to ensure operational effectiveness of the forces on the battlefield situations. The global military simulation and training market is expected to witness significant growth, owing to rise in defense spending related to the development of military system & weaponries as well as lower casualties of military personnel on the usage of military simulation and training activities. Changing geopolitical situations and increasing defense modernization activities are creating operational efficient simulation and training activities. North America is a leader in the military simulation and training market, owing to adoption of smart technologies in military forces.

The global military simulation and training market is a fairly consolidated market in which limited market participants are operating in the global market. Market participants are focused to develop their sales footprints by entering into long-term contracts and agreements with the military forces. Moreover, market players are expanding the company facilities, and focused in the product development activities to gain competitive advantage. Numerous developments have been carried out by top companies, such as CAE Inc., Lockheed Martin, Northrop Grumman, Raytheon Technologies, Rheinmetall AG, SAAB AB, Textron Inc., and Thales Group, which strengthen the growth of the global military simulation and training market. The impact of COVID-19 significantly affected the global military simulation and training market in 2020. Furthermore, the market witnessed negative growth or significant downfall in 2020. However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

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FREQUENTLY ASKED QUESTIONS?
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A. Airborne Simulation, Naval Simulation, and Ground Simulation are the different types of military simulation & training

A. The global military simulation and training market was valued at $11,564.18 million in 2020, and is projected to reach $20,576.15 million by 2030, registering a CAGR of 6.2%.

A. The report sample for global Military Simulation and Training market report can be obtained on demand from the website.

A. Adoption of the smart technology enabled live training and simultion technology is the key trend in the global market

A. Increase in territorial conflicts worldwide, Growth in defense expenditure are the key factors support the growth of the market

A. The company profiles of the top players of the market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the industry along with their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated

A. CAE, Inc., Northrop Grumman Corporation , Thales Group are key market players operting in the global market

A. The U.S., Germany and China are the key matured markets growing in the Military Simulation and Training industry

A. High costs associated with military simulation and training services & products, Contracts and agreements with military forces, and Defense modernization are known and unknown adjacencies impacting the Military Simulation and Training market

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