Los Angeles, CA -- (SBWIRE) -- 12/28/2018 -- Virtual training is a simulated virtual environment which is created to assess the capabilities of trainees to select the right resource. The virtual training simulation is of two kinds, namely instructor-led training and non-instructor-supported training. Simulation, by definition is a process of imitation of an operation of a real world system or a process.

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Growing awareness virtual training and simulation has positively driven the market growth. Fields such as civil aviation, military, e-learning, serious gaming, simulation-based gaming, entertainment, digital manufacturing, and healthcare use the technology widely, due to it's the advantages such as ease handling & understanding, offers virtual environment as close as real one, and efficiency of training.

Virtual training is a training method in which a simulated virtual environment is used. In this environment an instructor is able to explain, show or test certain abilities that can contribute to the learning process. It is used in wide area of applications, including in flight simulation, simulation-based gaming, serious games, healthcare training, energy, transportation training, e-learning, military & navy, digital manufacturing, and others. The most proportion of Virtual Training is used for entertainment, and the revenue proportion is about 35.5% in 2016.

North America region is the largest supplier of Virtual Training, with a production market share nearly 44% in 2016. Europe is the second largest supplier of Virtual Training, enjoying production market share nearly 25.2% in 2016.

North America is the largest sales place, with a sales market share nearly 28.8% in 2016. Following North America, Europe is the second largest sales place with the sales market share of 27%.

The Virtual Training market was valued at 36400 Million US$ in 2017 and is projected to reach 114500 Million US$ by 2025, at a CAGR of 15.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Virtual Training.

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The following manufacturers are covered in this report:

L-3 Link Simulation & Training

CAE

Boeing

Thales

FlightSafety

Airbus

Lockheed Martin

BAE Systems

Raytheon

Cubic

Rheinmetall Defence

ANSYS

Saab

Elbit Systems

Rockwell Collins

Virtual Training Breakdown Data by Type

Hardware

Software

Virtual Training Breakdown Data by Application

Military

Civil Aviation

Medical

Entertainment

Other

Virtual Training Production by Region

United States

Europe

China

Japan

South Korea

Other Regions

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The study objectives are:

To analyze and research the global Virtual Training status and future forecast?involving, production, revenue, consumption, historical and forecast.

To present the key Virtual Training manufacturers, production, revenue, market share, and recent development.

To split the breakdown data by regions, type, manufacturers and applications.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Virtual Training :

History Year: 2013 - 2017

Base Year: 2017

Estimated Year: 2018

Forecast Year: 2018 - 2025