Fast Market Research announces the availability of the new TechNavio report, "Global Military Aerospace Simulation and Training Market 2015-2019", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 08/18/2015 -- A military flight simulator is used to artificially re-create aircraft flight and various aspects of the flight environment. A flight simulator is categorized into two types, viz. full flight simulators (FFS) and flight simulation training devices (FSTD). Full flight simulator is the replica of a specific type or model and series of an aircraft cockpit, whereas FSTD replicates flight controls and devices.
There are four levels of FFS: Level A to D. Level D refers to the highest standard, and provides acceleration in all six degrees of freedom (DOF). A flight simulator includes aircraft, environment and cueing simulation.
Technavio analysts forecast the global military aerospace simulation and training market to grow at a CAGR of -1.46% during 2014-2019.
Commenting on the report, an analyst from Technavio's team said, "One major trend in this market is the LVC-based Training. As the military is facing tighter budgets for expensive live exercises, simulated training has become extremely important. Live exercises are much more costly than flight simulators. Training in a flight simulator is 5-20% cheaper than airborne training and one of the safer options for trainees. About 31% of the military pilot training is done on a simulator. "
Get More Details on this Report and a Full Table of Contents at Global Military Aerospace Simulation and Training Market 2015-2019
According to the report, one key driver of this market is the aging Fleet of Military Aircraft. Military forces across the globe are looking to reduce the work on their aircraft as they have clocked many hours because of the increase in operations. For extending the service lives of the aircraft, military forces are eliminating training mission as they put more stress on the aircraft and they have to wait longer for replacements. This will drive the growth of the market.
Further, the report states that one of the major challenges is the issues with Simulator Workspace. Simulators require restricted work space with rotation and limited operation. Also, the actuators, which contain oil, are causing environmental problems.
The key players in the Global Military Aerospace Simulation and Training Market are Boeing (Defence, Space and Security), CAE, Kratos Defense and Security Solutions, L-3 Communications and Rheinmetall Defence Electronics while other prominent vendors include BAE Systems, Northrop Grumman, Textron Systems and Thales Training &Simulation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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