The Military Simulation and Virtual Training Sector is Set to be Worth $9,601 M in 2016, According to a New Study on ASDReports

Thursday 21 January 2016, Amsterdam

The report, now available on ASDReports, Military Simulation, Modelling and Virtual Training Market Report 2016-2026: Top Companies, Forecasts & Analysis For Airborne, Ground, Maritime & Other Simulation & Training Platforms report indicates that the Military Simulation and Virtual Training sector is set to be worth $9,601m in 2016 due to the increasing technical sophistication of the technology.

Alessandra Giovanzanti, visiongain’s defence analyst and the author of the report commented that: “In a time of budget constraints and rapid technology advances, simulation and virtual training solutions represent a critical asset for all countries to ensure full capability and readiness of their military forces. Interoperability, Immersiveness, Networked training, Portable & Wearable devices, will be the keywords for the future outlook of the market.”

The 637 page report contains 543 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the Military Simulation and Virtual Training market. Visiongain provides a range of forecasts for the period 2016-2026 as well as for four submarket sectors: Airborne, Maritime, Ground and Other Simulation and Training.  The four submarket forecasts are revealed at the global level and also for each of the twelve leading national markets as well as the ROW.

In addition, these twelve leading national markets are analysed by visiongain over the period 2016-2026 while the ‘Rest of the World’ market includes unprecedented qualitative analysis of a further four national markets. The report also provides profiles of eighteen leading companies operating within the market and includes four exclusive expert interviews with: Jan Seidel, Head of Business Development and Support, Rheinmetall Defence Electronics; Juan Pablo Torres, CEO, MASA Group; Barry Po, Senior Director - Product and Business Development, NGRAIN and; Capt. Paolo Trotta, Project Officer - Attack Helicopter, Italian Army Aviation.