Thursday 2 April 2015, Amsterdam
The new report recognizes the following companies as the key players in the Global Military Simulation and Virtual Training Market: BAE Systems plc, L-3 Link Simulation and Training UK Ltd., Northrop Grumman Corp, Saab AB and Thales SA.
Other Prominent Vendors in the market are: Boeing Company, Bohemia Interactive Simulations, CAE, Combat Training Solutions, General Dynamics Information Technology, Israel Aerospace Industries, Kratos Defense, Meggitt Training Systems, Rheinmetall Defence, Selex Es and Textron Systems.
Commenting on the report, an analyst from the report's team said: “Collimated displays to achieve cross-cockpit viewing, allowing the pilot and co-pilot to achieve maximum view is one of the trends emerging in the market. These displays provide continuous, high-brightness, and high-resolution imagery to the flight crew above the required field of view, making them perfect for training in simulators.”
According to the report, military simulation and virtual training play a crucial role in the overall training of air force trainees, which in turn drives the growth of the Global Aviation Simulator market. There has been a rise in demand for training facilities globally so that combat trainees can get the required skill set before going for a live training program.
Further, the report states that one of the challenges is the limited opportunities in emerging markets and smaller nations as these simulators and systems are expensive, and the cost of service after purchase is high.
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.