The globaal military T&S market has been broken down into three end-user segments: Air, Land and Naval end users. It provides an analysis of accessible revenue to the market by regions (Africa, Asia-Pacific, Central Asia, Europe, Latin America, Middle-East, and North America), training equipment, and training services. Revenue for training equipment is further broken down by training equipment types: simulators, computer-based training (CBT), and augmented training. Overall, this research service covers 70 countries and the forecast period is 2013-2022, with 2013 as the base year. From a competitive perspective, leading systems OEMs are being assessed through their main programs and regional performance.

Key Questions This Study Will Answer
  • Can a supplier break into a saturated market with a niche training capability to build subsequent market presence across its whole portfolio?
  • Which companies operate in the military T&S market? What strategies have they employed, and what products and services do they offer?
  • What is the impact of adopting next-generation technologies such as unmanned aerial systems (UAS) and what are the unique requirements for UAS training?
  • What new technologies are on the horizon and how will they revolutionise the market?
  • Do end users really value virtual training and simulators as a substitute for live training? How does this impact buying habits?
  • Can suppliers develop their business models to be flexible enough to meet the changing demands, rapid deployment requirements, and conflicts across the spectrum?

Executive Summary 
  • The global military training and simulation (T&S) market is forecast to generate revenue opportunities up to $ x billion in 2013 and to offer slightly decreasing revenue between 2013 and 2022.
    - A slow decline in revenue is observed due to the Sequestration on the US Department of Defense (DoD) budget enacted in early 2013. As the United States accounts for x % of the total T&S market, its continued decline triggers an overall negative CAGR of x % at the global level for 2013–2022.
    - This trend is further emphasised by Western European countries' financial constraints, also registering negative CAGRs during the short and medium terms. Stabilisation in the United States and Europe is expected from 2018 onwards.
    - Meanwhile, Eastern regions comprising the Middle East, Central Asia, and Asia-Pacific (APAC) are recording steady market growth, hence presenting a total cumulative market size of $ x billion of accessible revenue for 2013–2022.
    - Financial uncertainties in Latin America and regional instability in Africa tend to negatively impact market opportunities and therefore offer limited revenue during the forecast period. 
  • The air segment is forecast to remain the most attractive one between 2013 and 2022 as compared to the land and naval domains, accounting for more than x % of the addressable opportunities or a total market size of $ x billion in 2013 that may slightly decrease to $ x billion by 2022. 
  • Whereas the market representation by end users remains nearly unchanged during the forecast period, the most notable growth to be registered will concern the shifting interest from end users. As a matter of fact, end users are increasingly looking at enhanced support and services from the defence industry against training equipment acquisitions. In this regard, training services opportunities are expected to reach a cumulative market size of $ x billion for 2013–2022. 
  • With regard to the training equipment market segment, interest in augmented training solutions is forecast to increase over the next x years, with an aggregate market size potentially reaching $ x billion, while simulators will still account for the largest segment.