World Military Simulations & Virtual Training Market Review Now Available at MarketPublishers.com

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The world military simulation market is projected to grow at 6.75% CAGR over the forecast period to value USD 6.7 billion by 2021, driven by both internal and external security threats, territorial disputes and modernization initiatives undertaken by armed forces globally. New report “The Global Military Simulations and Virtual Training Market 2011–2021” drawn up by iCD Research has been recently published by Market Publishers Ltd.

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The world military simulation market is projected to grow at 6.75% CAGR over the forecast period to value USD 6.7 billion by 2021, driven by both internal and external security threats, territorial disputes and modernization initiatives undertaken by armed forces globally. The global military simulation market is projected to be dominated by the US over the forecast period, followed by the Asia-Pacific, European and Latin American regions. However, the market share of Europe in the global market is projected to increase over the next decade due to a shift from actual to virtual training.

New report “The Global Military Simulations and Virtual Training Market 2011–2021” drawn up by iCD Research has been recently published by Market Publishers Ltd.

Report Details:

Title: The Global Military Simulations and Virtual Training Market 2011–2021
Published: January, 2012
Pages: 181
Price: US$ 4,800
http://marketpublishers.com/report/industry/other_industries/global_military_simulations_n_virtual_training_market_20112021.html

The research report provides true and unbiased insights into the global military simulations and virtual training market dynamics. Its scope comprises:

  •     analysis of the global military simulations and virtual training market size from 2011 through 2021;
  •     analysis of defense budget spending pattern by region;
  •     insights on the region wise defense modernization initiatives;
  •     sub-sector analysis of the military simulations and virtual training market;
  •     analysis of key global military simulations and virtual training market by country;
  •     key competitor profiling specifically focusing on the military simulations and virtual training market.

Report Contents:

1 Introduction

1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence

2 Executive Summary

3 Global Military Simulation Market Size and Drivers

3.1 Military Simulation Market Size and Forecast 2011–2021
3.1.1 Global military simulation market to show positive growth over the forecast period
3.2 Global Military Simulation Market – Regional Analysis
3.2.1 North America dominates the global military simulation market
3.2.2 Demand for flight simulators in the US to support market growth
3.2.3 Demand for military simulators in Europe expected to increase despite defense budget cuts
3.2.4 Military simulators market expected to grow at a CAGR of XX% in the Asia-Pacific region
3.2.5 Markets in the Middle East to record increased military simulators expenditure
3.2.6 Military simulators and virtual training programs market in Latin America expected to register a CAGR of XX% over the forecast period
3.2.7 Markets in Africa expected to increase over the forecast period
3.3 Military Simulation Sub–Sector Market Size Composition
3.3.1 Maritime simulation market to record strong CAGR growth
3.3.2 Market size of flight simulators expected to grow at a CAGR of XX% over the forecast period
3.3.3 Market size of combat simulators expected to rise at a CAGR of XX% over the forecast period
3.3.4 Market for maritime simulators expected to increase and reach US$XX billion by 2021
3.3.5 Market size of helicopter simulators expected to grow at a CAGR of XX% over the forecast period
3.3.6 Market size of maintenance simulators expected to decline over the forecast period
3.4 Demand Drivers and Growth Stimulators
3.4.1 Defense budget cuts and the cost effectiveness offered by military simulators driving demand
3.4.2 Modernization initiatives to spur demand for military simulators and virtual training programs
3.4.3 Environmental issues prompting a shift from real to virtual training
3.5 Defense Budget Expenditure Review
3.5.1 European capital expenditure expected to increase over the forecast period
3.5.2 Asian defense budgets expected to increase at a robust pace
3.5.3 North American defense expenditure projected to decline marginally over the forecast period
3.5.4 Modernization programs projected to drive defense expenditure in South American countries
3.5.5 Military budgets of African countries expected to increase over the forecast period
3.5.6 Defense budgets of Middle Eastern countries projected to increase over the forecast period
3.6 Defense Modernization Review
3.6.1 Financial constraints causing delays in European defense modernization programs
3.6.2 Defense budgets of Asian countries projected to be driven by competitive arms acquisitions
3.6.3 Global financial crisis leading to defense budget cuts in the North American region
3.6.4 Need to replace aging equipment driving South American defense expenditure
3.6.5 Security threats increasing the defense budget of African countries
3.6.6 Demand for air defense systems is projected to increase in the Middle East

4 Industry Trends, Recent Developments and Challenges

4.1 Technological Developments
4.1.1 Collimated displays to achieve enhanced field of view and focus
4.1.2 Improvised explosive device (IED) trainer simulator
4.1.3 Submarine tracker simulator
4.2 Market Trends
...

More new market research reports by the publisher can be found at iCD Research page.

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Tanya Rezler
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