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The global military simulation and virtual training programs market is expected to value US$10.4 billion in 2015 and increase at a CAGR of 4.20% to reach US$15.8 billion by 2025. The market consists of three simulation categories: flight, combat, and maritime.
Reasons To Buy
"The Global Military Simulation and Virtual Training Market 2015-2025 - Market Size and Drivers: Market Profile" allows you to:
- Gain insight into the Military Simulation and Virtual Training market with current and forecast market values.
- Understand the key drivers and attractiveness parameters of the global Military Simulation and Virtual Training market.
- Understand the various factors impacting the growth of the Military Simulation and Virtual Training market.
Table of Contents
1.1 What is this Report About?
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence
2 Global Military Simulation and Virtual Training Market Size and Drivers
2.1 Military Simulation and Virtual Training Market Size and Forecast 2015-2025
2.1.1 Global military simulation market to show positive growth over the forecast period
2.2 Global Military Simulation and Virtual Training Market - Regional Analysis
2.2.1 North America is expected to lead the global military simulation and virtual training market
2.2.2 Flight simulators are expected to be the main drivers to support growth in the US market
2.2.3 Military simulation market to show robust growth in the Asia-Pacific region
2.2.4 European military simulation and virtual training market expected to increase despite defense budget pressures
2.2.5 Markets in the Middle East to record robust spending on military simulation
2.2.6 Brazil to dominant the military virtual training and simulation market in the Latin American region
2.2.7 African markets expected to witness a gradual increase in military simulation spending
2.3 Military Simulation and Virtual Training Sub-Sector Market Size Composition
2.3.1 Market size of flight simulators expected to grow at a CAGR of 4.85% over the forecast period
2.3.2 Maritime simulation market is consistently growing at the global level
2.3.3 Combat Simulators market to experience a marginal increase
2.4 Demand Drivers and Growth Stimulators
2.4.1 Restrictive defense budgets driving demand for simulation and virtual training
2.4.2 Modernization initiatives to spur demand for military simulators and virtual training programs
2.5 Defense Budget Spending Review
2.5.1 North American defense expenditure projected to decline marginally during the forecast period
2.5.2 Asian defense budgets expected to increase at a robust pace
2.5.3 European capital expenditure expected to increase during the forecast period
2.5.4 Modernization programs likely to drive defense expenditure in South American countries
2.5.5 Military budgets of African countries expected to increase during the forecast period
2.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period
2.6 Defense Modernization Review
2.6.1 Financial constraints causing delays in European defense modernization programs
2.6.2 Defense budgets of Asian countries likely to be driven by competitive arms acquisitions
2.6.3 Global economic slowdown leading to defense budget cuts in the North American region
2.6.4 Need to replace aging equipment driving South American defense expenditure
2.6.5 Security threats increasing the defense budget of African countries
2.6.6 Demand for military simulators is likely to increase in the Middle East
3.2 About SDI
List of Tables
Table 1: Global Military Simulation and Virtual Training Market Overview
Table 2: Global Military Simulation and Virtual Training Market Overview, 2015-2025
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