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Military Simulation and Virtual Training Industry 2024

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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. – PowerPoint PPT presentation

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Title: Military Simulation and Virtual Training Industry 2024


1
The Global Military Simulation and Virtual
Training Market 2014-2024 by Strategic Defence
Intelligence
  • Explore all reports for Defense Technology
    market
  • _at_
  • www.rnrmarketresearch.com/reports/public-sector/de
    fense/defense-technology

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.
  • Request sample copy of this report _at_
    http//www.rnrmarketresearch.com/contacts/request-
    sample?rname148457 .

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.
  • Request sample copy of this report _at_
    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.
  • Request sample copy of this report _at_
    http//www.rnrmarketresearch.com/contacts/request-
    sample?rname148457

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.
  • Request sample copy of this report _at_
    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
    sales_at_rnrmarketresearch.com / 18883915441

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