Seattle, WA -- (SBWIRE) -- 11/14/2019 -- 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.

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.

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Major Players operating in market: This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering: L-3 Link Simulation & Training, CAE, Boeing, Thales, FlightSafety, Airbus, Lockheed Martin, BAE Systems, Raytheon, Cubic, Rheinmetall Defence, ANSYS, Saab, Elbit Systems, Rockwell Collins.

Market Segment by Type, covers
Hardware
Software

Market Segment by Applications, can be divided into
Military
Civil Aviation
Medical
Entertainment
Other

Scope of the Report:
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 worldwide market for Virtual Training is expected to grow at a CAGR of roughly 17.6% over the next five years, will reach 96300 million US$ in 2024, from 36400 million US$ in 2019, according to a new WMR study.

This report focuses on the Virtual Training in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categories the market based on manufacturers, regions, type and application.

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