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The global military simulation and training market size reached approximately USD 11.89 billion in 2023. The market is estimated to grow at a CAGR of 6.3% in the forecast period of 2024-2032, reaching a value of around USD 20.61 billion by 2032.
Military simulation and training encompass a set of activities that are performed with the help of technology-enabled platforms to offer military personnel an immersive training experience. This training method is cost-effective, flexible, and safe and aids soldiers in enhancing their military tactics and strategies.
Based on components, the market is bifurcated into solutions and services. On the basis of training type, the market is divided into live training, virtual training, and constructive training. Based on environment, the market is classified into synthetic environment and gaming environment.
The military simulation and training market segmentation, on the basis of application, includes army, naval, and aviation. The major regional markets of military simulation and training include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the military simulation and training market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Aviation occupies a significant portion of the global military simulation and training market share, owing to the high number of complexities and safety issues involved with the aviation sector. A military simulation programme aids military pilots in honing their flying and navigation skills by offering an immersive flying experience in a controlled environment without any physical risk. Furthermore, the surge in the deployment of military training aircraft, which offers basic flight training and is easier to operate for trainees, also aids the market growth.
As per the military simulation and training market analysis, North America accounts for a substantial share of the global market, due to the rapid adoption of high-tech military simulators in the region. Factors such as increased investment in the defence sector, coupled with growing advancements in the military field, also offer a positive market outlook.
Subsequently, the Asia Pacific is expected to gain sizeable growth in the forecast period, owing to the surge in military expenditure for simulation training programmes.
RTX Corp. is an aerospace and defence conglomerate, founded in 2020, with its headquarters in Virginia, the United States. Its product portfolio includes aircraft engines, avionics, air defence systems, drones, and satellites, among others.
Rheinmetall AG, incorporated in 1889, is an integrated automotive and arms manufacturer, based in Dusseldorf, Germany. The company offers custom-made military training solutions such as e-learning, sub-task training, and complex simulator formations, among others.
Thales SA, incorporated in 2000, is one of the leading manufacturers of devices and equipment for the aerospace and defence sector. The company readily invests in technology such as AI, cybersecurity, and quantum technology, among others, to provide high-tech solutions for the military sector.
Other military simulation and training market players include BAE Systems plc, Boeing Co., Elbit Systems Ltd., FlightSafety International Inc., Textron Systems Corporation, and Cubic Corp., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Component |
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Breakup by Training Type |
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Breakup by Environment |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Military Simulation and Training Market Analysis
8.1 Key Industry Highlights
8.2 Global Military Simulation and Training Historical Market (2018-2023)
8.3 Global Military Simulation and Training Market Forecast (2024-2032)
8.4 Global Military Simulation and Training Market by Component
8.4.1 Solutions
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Services
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Military Simulation and Training Market by Training Type
8.5.1 Live Training
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Virtual Training
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Constructive Training
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Military Simulation and Training Market by Environment
8.6.1 Synthetic Environment
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Gaming Environment
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Military Simulation and Training Market by Application
8.7.1 Army
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Naval
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Aviation
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.8 Global Military Simulation and Training Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Military Simulation and Training Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Military Simulation and Training Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Military Simulation and Training Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Military Simulation and Training Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Military Simulation and Training Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 RTX Corp.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Rheinmetall AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Thales SA
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 BAE Systems plc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Boeing Co.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Elbit Systems Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 FlightSafety International Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Textron Systems Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Cubic Corp.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Military Simulation and Training Market: Key Industry Highlights, 2018 and 2032
2. Global Military Simulation and Training Historical Market: Breakup by Component (USD Billion), 2018-2023
3. Global Military Simulation and Training Market Forecast: Breakup by Component (USD Billion), 2024-2032
4. Global Military Simulation and Training Historical Market: Breakup by Training Type (USD Billion), 2018-2023
5. Global Military Simulation and Training Market Forecast: Breakup by Training Type (USD Billion), 2024-2032
6. Global Military Simulation and Training Historical Market: Breakup by Environment (USD Billion), 2018-2023
7. Global Military Simulation and Training Market Forecast: Breakup by Environment (USD Billion), 2024-2032
8. Global Military Simulation and Training Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global Military Simulation and Training Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global Military Simulation and Training Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Military Simulation and Training Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Military Simulation and Training Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Military Simulation and Training Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Military Simulation and Training Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Military Simulation and Training Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Military Simulation and Training Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Military Simulation and Training Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Military Simulation and Training Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Military Simulation and Training Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Military Simulation and Training Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Military Simulation and Training Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Military Simulation and Training Market Structure
In 2023, the market reached an approximate value of USD 11.89 billion.
The market is projected to grow at a CAGR of 6.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 20.61 billion by 2032.
The major market drivers are the growing demand for safe military training practices, rising investments in the defence sector, and a surge in geopolitical conflicts.
The key trends of the market include increased implementation of AI and machine learning into military simulation programmes, growing applications of AR and VR in military training, and favourable government initiatives that are aimed at achieving safe and smart military training.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Different components are solutions and services.
The key players in the market are RTX Corp., Rheinmetall AG, Thales SA, BAE Systems plc, Boeing Co., Elbit Systems Ltd., FlightSafety International Inc., Textron Systems Corporation, Cubic Corp., among others.
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