Military Virtual Training Market Scope
Military virtual training is an interactive and immersive training method by the computer-generated atmosphere of interactive devices that receive and send data by means of gloves, goggles, bodysuits or headsets. Use of data gloves and head mounted displays (HMD) facilitate military people to interact with objects within a virtual atmosphere. Military virtual training is a cost-effective technique as compared to conventional training methods. For instance, using flight simulators than actual aircraft for airborne training. It enables them to do practices but without the risk of death or a serious injury. The key factor driving the military virtual training market is increasing government initiative to streamline the training process for military and defense operations.
According to AMA, the Global Military Virtual Training market is expected to see growth rate of 4.58%
Fragmented nature of market owing to numerous players present in the market. The government of key countries is focusing on a military virtual training program. For instance, the United States Training Environment Cross Functional Team is planning to move its operations from Fort Leavenworth, Kan., army installation to Central Florida Research Park. It will also have 2,200 square feet there for virtual Training & Simulation program. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Military Virtual Training market throughout the predicted period.
L-3 Link Simulation and Training (United States), Boeing (United States), CAE Inc. (Canada), Flight Safety International (United States), Thales (France), Lockheed Martin (United States), Cubic Corporation (United States), Rheinmetall Defense (Germany), Raytheon (United States), Rockwell Collins (United States) and Northrop Grumman Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Meggitt PLC (United Kingdom), SAAB AB (Sweden) and Elbit Systems (Israel).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Military Virtual Training market , by Application (Flight Simulation, Battlefield Simulation, Medic Training (battlefield), Vehicle Simulation and Virtual Boot Camp) and Region with country level break-up.
On the basis of geography, the market of Military Virtual Training has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Emphasizing On Portable Simulation Systems for Providing Tailored Solutions for Virtual Training
- The Emergence of Virtual Reality in Flight Simulation, Virtual Boot Camp, Battlefield Simulation, And Others
- Growing Adoption of Simulator Training Practices in Developed Economies
- Increasing Defense Expenditures in the Developing Economies
- Rising Adoption of Virtual Training Owing To Cost-Effectiveness by Defense Ministries
- Increasing R&D Activities in the Field Of Military Virtual Training
- Technological Advancements in the Area of Military Virtual Training
- Increasing Focus on Training and Safety in Defense Sector
- Complexity Involved In Simulator and Military Virtual Training
- Resistance to Acceptance towards Military Virtual Training Program
- Lack of Investment for R&D in Developing Countries
Key Target AudienceManufacturers of Defense Equipment, Military and Defense Organizations, Government Agencies, Subcomponent Manufacturers, Original Equipment Manufacturers (OEMs), Technology Providers, Military Simulator Manufacturers, Military Simulation Service Providers, Military Simulator Distributors and Military Equipment Manufacturers such as Aircraft Ship, Submarine Rotorcraft