Military Simulation and Virtual Training Industry 2024

1
The Global Military Simulation and Virtual
Training Market 2014-2024 by Strategic Defence
Intelligence

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2
The Global Military Simulation and Virtual
Training Market 2014-2024

• The collection of Defense Technology market
  research reports has a new addition of The
  Global Military Simulation and Virtual Training
  Market 2014-2024 on RnRMarketResearch.com.
• What are the key drivers behind recent market
  changes?
• The defense ministries around the world are
  taking significant cost cutting initiatives
  across their militaries in order to cope with
  their reduced financial resources. Governments
  are downsizing their militaries and cutting down
  on training budgets. As a result, militaries are
  currently focusing on attaining cheaper and more
  effective solutions for their training
  requirements. Many countries have claimed to have
  reorganized their militaries, so that they are
  smaller but more powerful, they intend to achieve
  the same through innovative simulation and
  virtual training systems. Governments consider
  live training programs to be expensive and
  logistically difficult, whereas simulators area
  more cost effective and agile alternative.
  Therefore, militaries are gradually moving
  towards a balanced mix of live training and
  simulator training for their forces.
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3
The Global Military Simulation and Virtual
Training Market 2014-2024

• For example, Air Force pilots undergo extensive
  flight training in academies and the live flight
  training exercises are very expensive. The US Air
  Force claims to spend approximately US2.9
  million to train a fighter jet pilot and
  US600,000 to train an airlift pilot. The
  militaries are incorporating flight simulators in
  order to cut down on the live flight training
  hours which results in significant cost savings.
  Most of the leading military training and
  simulation suppliers have recorded significant
  revenue growth and do not expect any slowdown as
  their customers continue to look towards
  simulators as a way to reduce costs, while
  improving the readiness of their pilots. While
  much of the growth in the military simulation
  market has been generated by orders for new
  simulators, orders for existing equipment
  upgrades are also contributing to the total
  market.
• Complete Report is available _at_ http//www.rnrmarke
  tresearch.com/the-global-military-simulation-and-v
  irtual-training-market-2014-2024-market-report.htm
  l .

4
The Global Military Simulation and Virtual
Training Market 2014-2024

• Key Features and Benefits
• The report provides detailed analysis of the
  market for military simulation and virtual
  training systems during 20142024, including
  factors that influence why countries are
  investing or cutting expenditure on military
  simulation and virtual training systems. It
  provides detailed expectations of growth rates
  and projected total expenditure.
• Recent years have witnessed an increase in the
  joint ventures and partnership programs in the
  simulation and virtual training sector. The
  countries around the globe are working on several
  simulation platforms. With the help of joint
  ventures, these companies have been successful in
  sharing technological know-how in an endeavor to
  save cost. The collaborative projects also serve
  the purpose of significantly reducing the
  research and development time which is crucial in
  building military simulation platforms. A
  significant number of countries are investing in
  the development of their domestic military
  simulation industry by establishing strategic
  alliances and technology transfer agreements with
  global manufacturers.
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  http//www.rnrmarketresearch.com/contacts/request-
  sample?rname148457 .

5
The Global Military Simulation and Virtual
Training Market 2014-2024

• Key Market Issues
• Historically, military simulators have been
  applied in narrowly focused contexts to achieve
  specific sets of goals. If no single system could
  fulfill the objectives of a given training
  exercise, a new system was constructed or the
  objectives of the exercise modified to
  accommodate the capabilities at hand. The need
  for interoperability between different military
  simulation systems is growing as the complexity
  of modern war fighting rises above the handling
  capacity of large models. Therefore, the
  development of consistent model federations has
  become as important as the development of new
  (interoperable) models. However, complex military
  simulation systems belong to the class of
  model-based information systems, and the
  principal aspects of such information systems are
  an abstraction from reality. Various experiments
  with the high-resolution combat simulation
  systems and some modules implementing basic
  command and control functionality have shown that
  there is a challenge for combining model-based
  information systems.
• Complete Report is available _at_ http//www.rnrmarke
  tresearch.com/the-global-military-simulation-and-v
  irtual-training-market-2014-2024-market-report.htm
  l

6
The Global Military Simulation and Virtual
Training Market 2014-2024

• Simple task trainers, such as firing simulators
  for the use of firearms, and computer-assisted
  teaching, such as driving simulators are mainly
  used by the armed forces in the basic training of
  individual soldiers. However, most military
  situations require the use of highly specialized
  equipment and consequently high caliber
  simulators, such as a flight or armored tank
  simulators, have been developed. The development
  and use of high-fidelity simulators has risen
  sharply over the last five years, particularly
  for activities that require the mastering of a
  specific skill, such as flying or tank combat.
  The military simulation markets require high
  fidelity or duplicate fidelity human-machine
  interface controls. High fidelity means, the
  product is nearly identical to the original
  equipment in look and feel, while duplicate
  fidelity requires the product to have the actual
  look and feel of the original equipment. These
  controls are used to simulate applications in
  fixed and rotor aircraft, military vehicles,
  radar tracking, imaging equipment, missile firing
  and many others. As high-fidelity simulators are
  identical to the original equipment, development
  is cost heavy.
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7
The Global Military Simulation and Virtual
Training Market 2014-2024

• The US is the biggest market for military
  simulation and virtual training in the world, but
  the current economic crisis is expected to have
  an adverse impact. After downgrading the US
  governments credit rating, SP officials insist
  that they were accurate in their conclusion that
  the US will have difficulty getting its deficits
  under control. Slowing rates of manufacturing
  growth and weak levels of consumer spending do
  not bode well for the countrys economic future.
  Additionally, since the government does not want
  to increase taxes, budget cuts in various aspects
  of the economy, including defense, seem to be the
  way forward including via sequestration. Due to
  the global economic and financial crisis,
  increases in military expenditure have
  decelerated considerably over the last five
  years. The US and many European countries have
  reduced their defense budgets for two years in
  succession and this is projected to continue in
  the forecast period.
• Complete Report is available _at_ http//www.rnrmarke
  tresearch.com/the-global-military-simulation-and-v
  irtual-training-market-2014-2024-market-report.htm
  l
• .

8
The Global Military Simulation and Virtual
Training Market 2014-2024

• These factors are expected to result in a cut in
  the defense budgets of major European nations and
  adversely affect sales for almost all military
  equipment, including military simulators and
  virtual training systems. Even though the market
  is expected to grow for military simulation and
  virtual training during the forecast period,
  research and development efforts are expected to
  be affected as the companies catering to the
  demand are expected to concentrate more on
  meeting existing orders than investing on new
  product inventions.
• Key Highlights
• Numerous countries including the US, Russia,
  China, India and the UK are currently involved in
  the procurement of a range of military equipment
  including, rotorcraft, naval surface combatants
  and armored vehicles, in order to replace their
  ageing fleets and obsolete weapons. Therefore,
  they are rapidly inducting new technology into
  their militaries which projects a significant
  need for training for personnel.
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  http//www.rnrmarketresearch.com/contacts/request-
  sample?rname148457 .

9
The Global Military Simulation and Virtual
Training Market 2014-2024

• For more details contact Mr. Priyank Tiwari
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