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01 Oct 2021  |  North America  |  Market Research

Global Training and Simulation Competitive Landscape, 2021–2029

Commercial Companies and Service Providers will Increasingly Enter the Market as Low Costs Drive the Rapid Development of Commercial Technologies

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The training and simulation market will continue to grow and evolve as countries continue to move away from live training to virtual and constructive systems. The market has shown strong resilience to the effects of the COVID-19 pandemic, and a decline in live training capabilities has led to greater adoption of virtual solutions to offset a loss i...

The building management system (BMS) market in the Gulf Cooperative Council (GCC) is witnessing the emergence of innovative technologies such as building information modeling (BIM) and 3D printing. These technologies are causing significant disruptions, influencing how buildings are managed and shifting roles away from traditional skills towards te...

Vehicle leasing presents a solution for a growing number of challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. Businesses need to focus on their core products and services and, therefore, outsource support activities related to mobility, ranging from fleet purchasing to remark...

The Paris Accord of 2015 is a major landmark for global climate action and move toward a zero-carbon society. Understandably, this has led to a vast interest in renewable power across the globe. However, this alone is not enough to decarbonize the global community. Hydrogen is fast becoming a key component in the transition from a petroleum econ...

Major automotive OEMs globally are now incorporating active safety and automated vehicle technologies in their future vehicle line-ups to enhance safety and driver comfort. To gauge the suitability of each technology, continuous testing and validation is a must. Based on supportive legislation, several regions across the globe have been identified ...

Technology in Asia-Pacific has grown significantly in recent years, and countries in the region have been quick to adopt fast-growing technologies, such as IoT and connected cars, and embrace digitalization. However, the COVID-19 pandemic presented substantial challenges, including disruptions in the semiconductor supply chain, which affected the a...

The world's energy system is becoming more decentralized, with significant investments in generation assets at the commercial, industrial, and residential levels. One solution that has become popular is the installation of engines, as they can provide immediate base load or backup power. In today's competitive and regulated power engine market, ori...

The infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) market is experiencing rapid growth in Latin America. As in the rest of the world, cloud infrastructure and platforms form the foundation for digital economies. Over the past decade, they have driven technological modernization, from the migration of applications and data to th...

The 2020s have been dubbed the decade of energy storage, and 2024 confirmed this to be true. Battery energy storage CAPEX surged to $65.6 billion, up from $48.9 billion in 2023. This was achieved despite a reduction in battery pack costs in 2024 that meant project costs declined by around 10% across all geographies. The ongoing clean energy transit...