Military Simulation and Virtual Training Market

Mumbai, India (PressExposure) August 18, 2009 -- Military Simulation and Virtual Training Market 2009-2019 Our latest defence report ( [] ) covers the exciting opportunities presented by one of the defence industry’s growing markets. Our market study examines leading users of military simulation and virtual training, and outlines the requirements driving global growth. We assess the commercial prospects for companies offering military simulation products and services. This analytical report defines the current state of the military simulation and virtual training market and discusses its potential for growth from 2009 onwards, with market forecasting at the global and national levels.

Our analysis has concluded that worldwide government spending on simulation and virtual training in 2008 totalled $7.9bn. There are already a host of commercial and customised simulation and training products in use for a widening range of applications. We analyse the combination of factors that are resulting in the increasing uptake of simulation by armed forces around the world. Military decision-makers are working out strategies for benefiting from the latest technological breakthroughs in this sector. We detail the capability gaps that armed forces will be seeking to fill by relying more and more on simulation for elements of their training programmes over our forecast period.

How much do individual countries plan to spend on military simulation and virtual training between 2009 and 2019? Where are the growth opportunities over the next decade? How are emerging technologies changing the face of military training around the world? These critical questions and many more can be answered by us in-depth research presented in this report.

A comprehensive analysis of the global military simulation and virtual training market:

Military Simulation and Virtual Training Market 2009-2019 examines the global market for defence-related simulation and virtual training from an impartial standpoint. We offer a review of contracting activity, and products and services, based on our analysis of information obtained from multiple sources. The report draws on official corporate and governmental announcements, media reports, policy documents, industry statements and expert opinion. Military Simulation and Virtual Training Market 2009-2019 provides detailed sales forecasts for the global simulation market and leading national markets; a SWOT analysis; discussions of commercial and technological trends; and assessments of commercial drivers and restraints. This report also includes in-depth original interviews with leading industry experts. This package of analyses cannot be obtained anywhere else.

Why you should buy Military Simulation and Virtual Training Market 2009-2019:

The main benefits from you purchasing this report:

* You will come to understand the current state of the military simulation and virtual training market and form a clear vision of how it is set to develop, based on market forecasts, from 2009 to 2019.

* You will be able to examine detailed global sales forecasts, as well as national sales forecasts for the 12 leading national markets.

* You will gain an insight into the market’s potential by examining the major commercial drivers and restraints.

* You will learn how armed forces around the world are deploying modelling and simulation technology to fill capability gaps.

* You will find out how the leading players in the military simulation and virtual training market are performing.

* You will acquire an awareness of how technological advances are shaping market prospects.

* You will appreciate the range of factors affecting market growth with our analysis of strengths, weaknesses, opportunities and threats.

You will learn what leading experts think the future holds by reading four original interviews discussing topics such as: advances in constructive simulations; the prospects for commercial-off-the shelf products; the use of 3-D technology for maintenance training; and developments in combat medicine simulation techniques. Adoption of military simulation and virtual training is expected to increase steadily over the next decade, despite general economic uncertainty and pressure on defence budgets. As long as new defence platforms are being acquired for the use of armed forces around the world, operators will require complementary training. Simulation is increasingly being seen as a highly attractive, cost-effective solution for multiple defence-related applications.

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Press Release Submitted On: August 18, 2009 at 6:34 am
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