Military Simulation and Virtual Training Market Analysis North America, APAC, Europe, Middle East and Africa, South America - US, China, Russia, UK, Germany - Size and Forecast 2024-2028
| Published: Dec 2023 | Pages: 173 | SKU: IRTNTR43276 |
Military Simulation and Virtual Training Market 2024-2028
The military simulation and virtual training market size is estimated to grow at a CAGR of 5.8% between 2023 and 2028. The market size is forecast to increase by USD 6.04 billion.
The report includes a comprehensive outlook on the military simulation and virtual training market offering forecasts for the industry segmented by Product, which comprises flight simulators, maritime simulators, and combat simulators. Additionally, it categorizes Environment into synthetic and gaming and covers Geography regions, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
Increasing investments in simulation activities are notably driving market growth. Simulations are realistic computerized scenarios that can be used to depict a real-time scenario and train prospective soldiers. As a result, armed forces across the world are readily shifting to simulation-based and virtual training. Defense ministries are increasingly opting for simulation-based games consisting of cloud computing, artificial intelligence (AI), and big data. In June 2021, the Department of Defense in the US spent USD 874 million on AI-related projects. For instance, as of March 2022, the Department of Defense in the US invested in 685 projects involving data science, AI, and cloud computing. In addition to this, the increasing popularity, as well as the adoption of LVC further, spurs the growth of the market. These increasing investments in technologically advanced yet cost-effective training modules will drive the growth of the market during the forecast period.
What will be the Size of the Military Simulation And Virtual Training Market During the Forecast Period?
Who are the Major Military Simulation and Virtual Training Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
BAE Systems Plc - The company offers military simulation and virtual training which provides performance insights using machine learning and the huge datasets generated by synthetic training to assist people working in hazardous environments, including military forces preparing for operations.
The military simulation and virtual training market report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
- Bohemia Interactive Simulations Ks
- CAE Inc.
- Cubic Corp.
- Fidelity Technologies Corp.
- Groupe Gorge
- HAVELSAN Inc.
- Inveris Training Solutions
- Kratos Defense and Security Solutions Inc.
- L3Harris Technologies Inc.
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Parker Hannifin Corp.
- Raytheon Technologies Corp.
- Rheinmetall AG
- Saab AB
- Teledyne Technologies Inc.
- Textron Inc.
- Thales Group
- The Boeing Co.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Regional Insight
Europe is estimated to contribute 49% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Another region offering significant growth opportunities to companies is North America. The military simulation and virtual training market in North America is expected to record a steady growth rate due to the rising investments by defence ministries in military training. The US and Canada dominate the market in the region. The US Department of Defense (DOD) is increasingly entering into strategic collaborations with training and simulation vendors. The vendors are continuously opting for inorganic growth as a result of increased demand for military simulation and virtual training in the region. For instance, in March 2021, CAE Inc. purchased an L3Harris military training unit with eyes on US programs. Such expansions will drive the growth of the regional military simulation and virtual training market during the forecast period.
Market Segmentation by Product
The market share growth by the flight simulators segment will be significant during the forecast period. The flight simulators segment of the market is expected to record a rapid growth rate during the forecast period. Major factors that promote the growth of the market segment are the rising demand for synthetic training environments and an increased emphasis on virtual boot camps.
Get a glance at the market contribution of various segments View PDF Sample
The flight simulators segment was the largest and was valued at USD 9.26 billion in 2018. Companies in the global market are extensively collaborating with technological partners to enhance their product offerings, such as multiple simulations and virtual training modules for the military. For instance, Rockwell Collins, a portfolio of United Technologies Corp., has partnered with Zen Technologies to offer a Full Mission Rotary Wing Simulator. The Indian Armed Forces use this product for ab initio training, conversion training, mission training, and high-fidelity level-D training. This simulator includes features such as a Mix of Flight-worthy Hardware, Avionics Components, and Simulated Instruments with training capabilities such as basic flying, advanced mission training, and full-flight mission training. The above-mentioned factors are likely to drive the demand for flight simulators across the world during the forecast period.
Military Simulation And Virtual Training Market: Key Trends and Challenges
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Trends
The rising use of AI in military simulation and virtual training is an emerging trend shaping market growth. Another major factor that is gaining prominence in the market is the use of AI in military simulations and combat training. AI has become one of the major technologies that can be used to make decisions owing to the advent of big data and data analytics. AI can be used to integrate Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance systems (C4ISR) capabilities. It can be extensively used in the fields of computational military reasoning and can be used to create realistic, immersive simulations enabling armies to incorporate the train-as-you-fight principles.
Moreover, AI and big data can also be used to understand the nature of training required along with effective modelling of simulations, resulting in an improved AI experience. It also helps soldiers with better knowledge retention and improves their performance. Such factors are expected to drive the market growth during the forecast period.
Challenge
The high cost of simulation training is a significant challenge hindering market growth. One of the major factors that are hindering the growth of the market includes the high cost of military simulation training products and software. An increase in the number of investments by defense ministries in military training, along with a significant cost reduction by simulations and virtual training modules, drives the growth of the market. The cost of military simulations is very high, as they are more innovative and advanced. Also, military simulators need a variety of peripheral products such as TV screens and various controlling equipment along with virtual private networks (VPN) and networking infrastructure, thereby raising the overall cost of operation.
Further, this is coupled with the high cost of certifications and the adherence to various training standards issued by the IMO. Though most of the time, certifications are passed on from the OEMs, at other times, the training academy must apply for them individually. This adds up to the high cost of operations, which hinders the growth of the military simulation and virtual training market during the forecast period.
Customer Landscape
The report includes the adoption lifecycle of the market, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on market penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Military Simulation and Virtual Training Market Customer Landscape
Segment Overview
The military simulation and virtual training market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2022
- Product Outlook
- Flight simulators
- Maritime simulators
- Combat simulators
- Environment Outlook
- Synthetic
- Gaming
- Region Outlook
- North America
- The U.S.
- Canada
- South America
- Chile
- Brazil
- Argentina
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
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Military Simulation And Virtual Training Market Scope |
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Report Coverage |
Details |
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Page number |
173 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.8% |
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Market Growth 2024-2028 |
USD 6.04 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
3.54 |
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Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
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Performing market contribution |
Europe at 49% |
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Key countries |
US, China, Russia, UK, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
BAE Systems Plc, Bohemia Interactive Simulations ks, CAE Inc., Cubic Corp., Fidelity Technologies Corp., Groupe Gorge, HAVELSAN Inc., Inveris Training Solutions, Kratos Defense and Security Solutions Inc., L3Harris Technologies Inc., Lockheed Martin Corp., Northrop Grumman Corp., Parker Hannifin Corp., Raytheon Technologies Corp., Rheinmetall AG, Saab AB, Teledyne Technologies Inc., Textron Inc., Thales Group, and The Boeing Co. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Military Simulation And Virtual Training Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2024 and 2028
- Precise estimation of the market size and its contribution of the market in focus to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market across North America, APAC, Europe, Middle East and Africa, and South America
- A thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of market companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Environment
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global military simulation and virtual training market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global military simulation and virtual training market 2018 - 2022 ($ billion)
- 4.2 Product Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
- 4.3 Environment Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Environment Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Flight simulators - Market size and forecast 2023-2028
- Exhibit 34: Chart on Flight simulators - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Flight simulators - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Flight simulators - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Flight simulators - Year-over-year growth 2023-2028 (%)
- 6.4 Maritime simulators - Market size and forecast 2023-2028
- Exhibit 38: Chart on Maritime simulators - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Maritime simulators - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Maritime simulators - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Maritime simulators - Year-over-year growth 2023-2028 (%)
- 6.5 Combat simulators - Market size and forecast 2023-2028
- Exhibit 42: Chart on Combat simulators - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Combat simulators - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Combat simulators - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Combat simulators - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Product
- Exhibit 46: Market opportunity by Product ($ billion)
- Exhibit 47: Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Environment
- 7.1 Market segments
- Exhibit 48: Chart on Environment - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Environment - Market share 2023-2028 (%)
- 7.2 Comparison by Environment
- Exhibit 50: Chart on Comparison by Environment
- Exhibit 51: Data Table on Comparison by Environment
- 7.3 Synthetic - Market size and forecast 2023-2028
- Exhibit 52: Chart on Synthetic - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Synthetic - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Synthetic - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Synthetic - Year-over-year growth 2023-2028 (%)
- 7.4 Gaming - Market size and forecast 2023-2028
- Exhibit 56: Chart on Gaming - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Gaming - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Gaming - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Gaming - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Environment
- Exhibit 60: Market opportunity by Environment ($ billion)
- Exhibit 61: Data Table on Market opportunity by Environment ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2023-2028 (%)
- Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 APAC - Market size and forecast 2023-2028
- Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.5 Europe - Market size and forecast 2023-2028
- Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Russia - Market size and forecast 2023-2028
- Exhibit 95: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Russia - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Russia - Year-over-year growth 2023-2028 (%)
- 9.11 UK - Market size and forecast 2023-2028
- Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.12 Germany - Market size and forecast 2023-2028
- Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ billion)
- Exhibit 108: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 BAE Systems Plc
- Exhibit 115: BAE Systems Plc - Overview
- Exhibit 116: BAE Systems Plc - Business segments
- Exhibit 117: BAE Systems Plc - Key offerings
- Exhibit 118: BAE Systems Plc - Segment focus
- 12.4 Bohemia Interactive Simulations ks
- Exhibit 119: Bohemia Interactive Simulations ks - Overview
- Exhibit 120: Bohemia Interactive Simulations ks - Product / Service
- Exhibit 121: Bohemia Interactive Simulations ks - Key offerings
- 12.5 CAE Inc.
- Exhibit 122: CAE Inc. - Overview
- Exhibit 123: CAE Inc. - Business segments
- Exhibit 124: CAE Inc. - Key offerings
- Exhibit 125: CAE Inc. - Segment focus
- 12.6 Cubic Corp.
- Exhibit 126: Cubic Corp. - Overview
- Exhibit 127: Cubic Corp. - Product / Service
- Exhibit 128: Cubic Corp. - Key offerings
- 12.7 Fidelity Technologies Corp.
- Exhibit 129: Fidelity Technologies Corp. - Overview
- Exhibit 130: Fidelity Technologies Corp. - Business segments
- Exhibit 131: Fidelity Technologies Corp. - Key offerings
- Exhibit 132: Fidelity Technologies Corp. - Segment focus
- 12.8 Groupe Gorge
- Exhibit 133: Groupe Gorge - Overview
- Exhibit 134: Groupe Gorge - Product / Service
- Exhibit 135: Groupe Gorge - Key offerings
- 12.9 HAVELSAN Inc.
- Exhibit 136: HAVELSAN Inc. - Overview
- Exhibit 137: HAVELSAN Inc. - Product / Service
- Exhibit 138: HAVELSAN Inc. - Key offerings
- 12.10 Kratos Defense and Security Solutions Inc.
- Exhibit 139: Kratos Defense and Security Solutions Inc. - Overview
- Exhibit 140: Kratos Defense and Security Solutions Inc. - Business segments
- Exhibit 141: Kratos Defense and Security Solutions Inc. - Key offerings
- Exhibit 142: Kratos Defense and Security Solutions Inc. - Segment focus
- 12.11 L3Harris Technologies Inc.
- Exhibit 143: L3Harris Technologies Inc. - Overview
- Exhibit 144: L3Harris Technologies Inc. - Business segments
- Exhibit 145: L3Harris Technologies Inc. - Key news
- Exhibit 146: L3Harris Technologies Inc. - Key offerings
- Exhibit 147: L3Harris Technologies Inc. - Segment focus
- 12.12 Lockheed Martin Corp.
- Exhibit 148: Lockheed Martin Corp. - Overview
- Exhibit 149: Lockheed Martin Corp. - Business segments
- Exhibit 150: Lockheed Martin Corp. - Key news
- Exhibit 151: Lockheed Martin Corp. - Key offerings
- Exhibit 152: Lockheed Martin Corp. - Segment focus
- 12.13 Northrop Grumman Corp.
- Exhibit 153: Northrop Grumman Corp. - Overview
- Exhibit 154: Northrop Grumman Corp. - Business segments
- Exhibit 155: Northrop Grumman Corp. - Key news
- Exhibit 156: Northrop Grumman Corp. - Key offerings
- Exhibit 157: Northrop Grumman Corp. - Segment focus
- 12.14 Parker Hannifin Corp.
- Exhibit 158: Parker Hannifin Corp. - Overview
- Exhibit 159: Parker Hannifin Corp. - Business segments
- Exhibit 160: Parker Hannifin Corp. - Key news
- Exhibit 161: Parker Hannifin Corp. - Key offerings
- Exhibit 162: Parker Hannifin Corp. - Segment focus
- 12.15 Raytheon Technologies Corp.
- Exhibit 163: Raytheon Technologies Corp. - Overview
- Exhibit 164: Raytheon Technologies Corp. - Business segments
- Exhibit 165: Raytheon Technologies Corp. - Key news
- Exhibit 166: Raytheon Technologies Corp. - Key offerings
- Exhibit 167: Raytheon Technologies Corp. - Segment focus
- 12.16 Saab AB
- Exhibit 168: Saab AB - Overview
- Exhibit 169: Saab AB - Business segments
- Exhibit 170: Saab AB - Key news
- Exhibit 171: Saab AB - Key offerings
- Exhibit 172: Saab AB - Segment focus
- 12.17 Thales Group
- Exhibit 173: Thales Group - Overview
- Exhibit 174: Thales Group - Business segments
- Exhibit 175: Thales Group - Key news
- Exhibit 176: Thales Group - Key offerings
- Exhibit 177: Thales Group - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 178: Inclusions checklist
- Exhibit 179: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 180: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 181: Research methodology
- Exhibit 182: Validation techniques employed for market sizing
- Exhibit 183: Information sources
- 13.5 List of abbreviations
- Exhibit 184: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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military simulation and virtual training market market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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