Military Simulation and Training Market Growth, Analysis & Forecast by 2021

1. MilitarySimulationandTrainingMarket Growth,Analysis&Forecastby2021 The report "Military Simulation and Training Market by Application (Airborne Simulation, Naval Simulation, & Ground Simulation), Training Type (Live Training, Virtual Training, Constructive Training, & Gaming Simulation Training), and Region - Global Forecast to 2021", published by MarketsandMarkets,themarketisestimatedtobeUSD10.31Billionin2016andisprojectedtoreachUSD 12.67 Billion by 2021, at a CAGR of 4.20% during the forecastperiod. Download PDF Brochure @https://www.marketsandmarkets.com/pdfdownload.asp?id=661 Browse 80 market data Tables and 58 Figures spread through 155 Pages and in-depth TOC on "Military Simulation and Training Market" http://www.marketsandmarkets.com/Market- Reports/military-simulation-virtual-training- market-661.html Early buyers will receive 10% customization on thisreport. Factors, such as rising instances of political and civil unrest, declining defense budgets of developed economies, and overarching need to rationalize training expenditure are expectedto drive the military simulation and trainingmarket. Thegroundapplicationsegmentisprojectedtogrowatthehighestrateduringtheforecastperiod On the basis of application, the ground segment is estimated to grow at the highest rate due to rise in procurement of land systems, such as combat training simulation systems, turret team training simulators, tacticaltrainingsimulators,amongothers.Thesesimulatorsystemsareindemandformilitarycombinedarms applications and missions. Gaming simulation segment is estimated to grow at the highest rate during the forecastperiod Basedontrainingtype,theMilitarySimulationandTrainingMarkethasbeensegmentedintolive,virtual, constructive, and gaming simulation. The live training segment is expected to account for the maximum market share during the forecast period. However, the gaming simulation segment is estimated to grow at thehighestrateduetotheincreasingdemandforgamingsimulationfortraining,tacticsanalysis,andmission preparation.Gamingsimulationisanimportanttooltoimparttrainingtowarfightersbyrecreatingbattlefield. The military simulation and training market in Asia-Pacific is expected to grow at the highestrate The market for military simulation and training is estimated to be the largest in North America. However, this marketinAPACisexpectedtogrowatthehighestrateduetoincreasingdefensebudgetsofmajoreconomies (China, India, South Korea, and Australia) in the region, and rising R&D expenditure for military simulation and training. Military Simulation and Virtual Training Marketecosystem

2. The military simulation and training market comprises training device providers, such as Lockheed Martin Corporation (U.S.), Northrop Grumman Corporation (U.S.), CAE, Inc. (U.S.), Thales Group (France), and L-3 Communications Holdings, Inc. (U.S.), among others, and component manufacturers, such as Raytheon Company (U.S.), Rockwell Collins Inc. (U.S.), Cubic Corporation (U.S.), and Rheinmetall AG (Germany), among others. They offer advanced technology systems, products, and services. They also provide a broad range of management, engineering, technical, communications, and information services, simulation capabilities, and trainingservices. • Target Audience for thisReport • Manufacturers of Defense Equipment • Military and Defense Organizations • Government Agencies • Subcomponent Manufacturers • Original Equipment Manufacturers(OEMs) • Technology Providers • Military Simulator Manufacturers • Military Simulation ServiceProviders • Military SimulatorDistributors • Military Equipment Manufacturers such as Aircraft Ship, SubmarineRotorcraft • Inquiry Before Buying:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=661 • AboutMarketsandMarkets • MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitudeofclientsacross8differentindustrialverticals.Wespecializeinconsultingassignmentsandbusiness research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities,identifymostimportantcustomers,write“Attack,avoidanddefend”strategies,identifysources of incremental revenues for both the company and itscompetitors. • M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets andentirevaluechainsfordeeperunderstandingoftheunmetinsightsalongwithmarketsizingandforecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of thenumbers. • WeatMarketsandMarketsareinspiredtohelpourclientsgrowbyprovidingaptbusinessinsightwithourhuge market intelligencerepository. • Contact: • Mr. Shelly Singh MarketsandMarkets™ INC. 630 DundeeRoad • Suite430 • Northbrook, IL60062 • USA : 1-888-600-6441