Global Military Training and Simulation Market Assessment

LVC is Key to Overcoming Tactical Challenges, Albeit in the Distant Future

  • Research Code : M8FB-01-00-00-00
  • SKU : AE00011-GL-MR_00011
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  • Release Date : 03-Apr-2013
  • Region : Global
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Pressurised defence budgets and changing military priorities are expected to significantly affect the training and simulation market growth. However, this negative impact is mitigated by transitioning economies extending their fleet sizes and the global modernisation trend, comprising mostly new procurements of advanced weapon systems and complex combat platforms. This market assessment provides analysis on the military training market evolution, both at global and regional levels, across 7 regions, depending on end-user segments (Air, Land, and Naval) for platform-based training, system-based training, and platform maintenance-based training. Finally, this study evaluates the forecast rate of live, virtual, constructive, and LVC training.

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