Albany, NY -- (SBWIRE) -- 02/12/2014 -- This report is the result of SDI’s extensive market and company research, covering the global military simulation and virtual training industry. It provides detailed analysis of both, historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.
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Why was the report written?
“The Global Military Simulation and Virtual Training Systems Market 2014–2024” offers the reader detailed analysis of the global military simulation and virtual training systems market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.
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.
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What makes this report unique and essential to read?
“The Global Military Simulation and Virtual Training Systems Market 2014–2024” provides detailed analysis of the current industry size and growth expectations from 2014 to 2024, including highlights of key growth stimulators. It also benchmarks the industry against key global markets, and provides detailed understanding of emerging opportunities in specific areas.
Key Features and Benefits
The report provides detailed analysis of the market for military simulation and virtual training systems during 2014–2024, 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.
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Table of Contents
1.1 What is this Report About?
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence
3 Global Military Simulation and Virtual Training Market Size and Drivers
3.1 Military Simulation and Virtual Training Market Size and Forecast 2014-2024
3.1.1 Global military simulation market to show positive growth over the forecast period
3.2 Global Military Simulation and Virtual Training Market - Regional Analysis
4 Industry Trends, Recent Developments and Challenges
4.1 Technological Developments
4.1.1 Cobra Curved Display Flight Simulator, the world\'s first panadome spherical projection simulator
4.1.2 Improvised explosive device (IED) trainer simulator
4.1.3 Collimated displays to achieve enhanced field of view and focus
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5 SWOT Analysis of the Military Simulation and Virtual Training Market
5.1.1 Cost effectiveness of simulators and virtual training systems
5.1.2 Ageing aircraft and helicopter fleet stimulating demand for simulators
5.1.3 Ability to meet diverse training requirements
5.1.4 Deferred training and environmental policies
6 Country Analysis - Military Simulation and Virtual Training Market
6.1 United States Market Size and Forecast 2014-2024
6.1.1 Flight simulators expected to be the largest spend category in the US
6.1.2 Combat simulators expected to constitute the second-largest market share in the US
8 Competitive Landscape and Strategic Insights
8.1 Competitive Landscape Overview
8.1.1 Lockheed Martin Corporation: overview
8.1.2 Lockheed Martin Corporation: products and services
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