The Key Players in Global Military Aerospace Simulation and Training Market 2015-2019

Monday 10 August 2015, Amsterdam

Market Research Report Press Release The report recognizes the following companies as the key players in the Global Military Aerospace Simulation and Training Market: Boeing (Defence, Space and Security), CAE, Kratos Defense and Security Solutions, L-3 Communications and Rheinmetall Defence Electronics.

Other Prominent Vendors in the market are BAE Systems, Northrop Grumman, Textron Systems and Thales Training &Simulation.

Commenting on the report, an analyst said, “One major trend in this market is the LVC-based Training. As the military is facing tighter budgets for expensive live exercises, simulated training has become extremely important. Live exercises are much more costly than flight simulators. Training in a flight simulator is 5-20% cheaper than airborne training and one of the safer options for trainees. About 31% of the military pilot training is done on a simulator. ”

According to the report, one key driver of this market is the aging Fleet of Military Aircraft. Military forces across the globe are looking to reduce the work on their aircraft as they have clocked many hours because of the increase in operations. For extending the service lives of the aircraft, military forces are eliminating training mission as they put more stress on the aircraft and they have to wait longer for replacements. This will drive the growth of the market.

Further, the report states that one of the major challenges is the issues with Simulator Workspace. Simulators require restricted workspace with rotation and limited operation. Also, the actuators, which contain oil, are causing environmental problems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.


 
Global Military Aerospace Simulation and Training Market 2015-2019

Global Military Aerospace Simulation and Training Market 2015-2019

Publish date : August 2015
Report code : ASDR-212487
Pages : 67

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