1. Market Research
  2. > Aerospace and Defense
  3. > Aerospace
  4. > Aviation
  5. > Aircraft Market Trends
Military Synthetic and Digital Training Solution Market - A Global and Regional Analysis: Focus on Application, Immersion Technology, Component, Business Model, Type and Country - Analysis and Forecast, 2021-2026

Military Synthetic and Digital Training Solution Market - A Global and Regional Analysis: Focus on Application, Immersion Technology, Component, Business Model, Type and Country - Analysis and Forecast, 2021-2026

  • August 2021
  • 204 pages
  • ID: 6130511
  • Format: PDF
  • BIS Research

Summary

Table of Contents

Global Military Synthetic and Digital Training Solution Market is Expected to Reach $17,385.8 Million by 2026

Market Report Coverage - Military Synthetic and Digital Training Solution

Market Segmentation

• Application: Combat and Personnel Training, MRO Training, Leadership and Skill Assessment, Medical Training
• By Immersion Technology: Fully Immersed and Partially Immersed
• Component: Hardware and Software
• Business Model: Direct Purchase and Pay-as-Service
• Type: Aerial Simulator, Naval Simulator, Ground Simulator, and Cyber

Regional Segmentation

• North America: U.S. and Canada
• Europe: France, Germany, Russia, U.K., Rest-of-Europe
• Asia-Pacific: China, Japan, India, and Rest-of-Asia-Pacific
• Rest-of-the-World: Africa, Latin America, Middle East

Market Growth Drivers

• Rising Demand for Virtual Simulation Training for Ensuring Safety of Trainees and Cost-Effectiveness
• Rising R&D Activities for Development of Military Simulation System
• Integration of Synthetic Training Environment (STE) in Next-Generation Equipment
• Improvement in Communication Technologies

Market Challenges

• High Production and Deployment Cost of Systems
• High Complexity Associated with Simulation System
• Prone to Cyber Attack

Market Opportunities

• Developing a Multi-Domain Battle Training System
• Partnership Opportunities with Telecom and AR/VR Manufacturers
• Remote Training Solution

Key Companies Profiled

Airbus S.A.S., Boeing, CAE Inc., ECA Group, General Dynamics Mission Systems, Inc., Indra Sistemas, S.A., Kongsberg, L3Harris Technologies, Inc., Leidos, Leonardo S.p.A., Northrop Grumman, Reiser Simulation and Training (RST), Saab, ST Engineering, Thales Group, The DiSTI Corporation

How This Report Can Add Value

Product/Innovation Strategy: The product segment helps the reader in understanding the different types of applications and their market potential globally. Moreover, the study provides the reader with a detailed understanding of military synthetic and digital training solutions regarding products (i.e., immersion technology, component, business model, and type). Additionally, comprehensive coverage of various key certifications of the companies has also been added to the study.

Key Questions Answered in the Report

• Which region is expected to be leading the global military synthetic and digital training solution market by 2026?
• What are the key developmental strategies implemented by the key players to sustain in this highly competitive market?
• What are the futuristic trends in this market, and how is the market expected to change during the forecast period 2021-2026?
• What are the key drivers and challenges faced by the companies currently working in the global military synthetic and digital training solution market?
• What are the anticipated segments and applications expected to dominate the market share during the forecast period?
• What are the opportunities for the companies to expand their businesses in the global military synthetic and digital training solution market?
• What is the current and future revenue scenario of this market?

Military Synthetic and Digital Training Solution Market

The manufacturers ensure that the hardware and software integrated within the military synthetic and digital training solution are well matched within their scope of application.To ensure that users (military personnel) get the best possible simulation environment, the companies operating in the vertical are increasing their investment in research and development.

Some major technological development within the market encompasses cross-domain simulations and ultra-high-fidelity immersive experience.The market faces several technical and non-technical challenges, such as integrating software and hardware and operations on an open network.

However, these are expected to be eliminated over time from the market.

Impact of COVID -19 Military Synthetic and Digital Training Solution Market

The COVID-19 pandemic has accelerated the growth of the military synthetic and digital training solution market.The increasing geopolitical conflicts between nations due to rising cases of COVID-19 and the arms and ammunition escalation race across the globe have generated a demand for combat-ready troops across several nations.

Such situations have generated business opportunities for the market.However, limited logistics support and fund allocation toward acquiring new simulation technologies due to COVID-19 have also seized a few business opportunities.

Several companies have reported a loss of business and limited their fund toward R&D, which may impact the market in the long run. However, the gradual decline of COVID-19 cases will lead to a more stable ecosystem, opening new business opportunities for the global military synthetic and digital training solution market.

Military Synthetic and Digital Training Solution Industry Overview

The global military synthetic and digital training solution market has been growing rapidly over the past few years due to the rising demand for high-quality and high-fidelity simulators that offer comprehensive cross-domain training environments. Major key companies are acquiring smaller and emerging companies to increase their operational regions in various applications.

The global military synthetic and digital training solution market is estimated to reach $17,385.8 million in 2026, at a compound annual growth rate (CAGR) of 9.45% during the forecast period 2021-2026. The major driving factors for the huge revenues generated by the companies are the growing need for reliable technology for military simulation applications and the increasing demand for cross-domain simulations.

Market Segmentation

Military Synthetic and Digital Training Solution Market by Application

The global military synthetic and digital training solution market has been segmented based on various immersion application, including combat and personnel training, maintenance, repair and overhaul (MRO) training, leadership and skill assessment, and medical training.The combat and personnel training segment includes various sub-segments such as personnel training, aircraft, vehicle, and vessel.

These segments are also further divided into manned and unmanned vehicles.The aircraft segment will witness the highest market share in combat and personal training within the global military synthetic and digital training solution market.

The increasing cost of live combat and personnel training and the rising risk of fatal injuries during live training is the primary market driver supporting the usage of military simulators.

Military Synthetic and Digital Training Solution Market by Region

The regions discussed in this report include North America, Europe, Asia-Pacific, and Rest-of-the-World.North America is expected to account for the highest share of the global military synthetic and digital training solution market, owing to a significant number of companies based in the region.

The companies based in the North America region often supply international customers in Asia-Pacific, Europe, Middle East, and Africa.

Key Market Players and Competition Synopsis

Airbus S.A.S., Boeing, CAE Inc., ECA Group, General Dynamics Mission Systems, Inc., Indra Sistemas, S.A., Kongsberg, L3Harris Technologies, Inc., Leidos, Leonardo S.p.A., Northrop Grumman, Reiser Simulation and Training (RST), Saab, ST Engineering, Thales Group, The DiSTI Corporation

The companies profiled in the report have been selected post undergoing in-depth interviews with experts and understanding the details around companies such as product portfolio, annual revenues, market penetration, research and development initiatives, key developments, and domestic and international presence in the military synthetic and digital training solution industry.

Countries Covered
• North America
• U.S.
• Canada
• Europe
• Germany
• Russia
• France
• U.K.
• Rest-of-Europe
• Asia-Pacific
• China
• Japan
• India
• Rest-of-Asia-Pacific
• Rest-of-the-World
• Latin America
• Africa
• Middle East

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on