Traditional military virtual training is mainly flight simulators with training missions including how to fly in battle, how to recover in an emergency, how to coordinate air support with ground operations, etc. Nowadays the virtual reality technology is gradually used in the military virtual training. In virtual reality military training, a computer-generated environment simulates reality by means of interactive devices that send and receive information and are worn as goggles, headsets, gloves, or body suits. They are more cost savings.

Factors, such as complexity of simulator systems, lack of interoperability, concerns with simulation training, and difficulty for manufacturers to keep pace with the growing simulation industry may inhibit the growth of the military simulation and training market. The US military has been using virtual reality for training purposes since at least 2012 with proprietary hardware and software. Examples of simulations currently used include flight simulations, battlefield simulations, and medic training. These simulations help soldiers train for dangerous settings in a more cost effective manner than traditional approaches.

COTS game modifications become a cost effective alternative to normal training. With this digital training soldiers learn important lessons and do get more responsible, which might save lives in the future. There is a shift in the type of military simulation. Nowadays behavioral activities and interaction between humans and virtual characters is much more important than it used to be. Military simulators are further refined in the future. The use of virtual reality in simulation has just begun and it can expect much more of this in the military field.We forecast that the AGAR of virtual reality for Military will be 37% in the 2016E-2021F and the market size will be 944 million USD in 2021.

According to this study, over the next five years the Military Virtual Training market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 11300 million by 2024, from US$ 9930 million in 2019. In particular, this report presents the global revenue market share of key companies in Military Virtual Training business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Military Virtual Training market by product type, application, key companies and key regions.

This study considers the Military Virtual Training value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.

Traditional Military Virtual Training

Virtual Reality Based Military Training

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.

Flight Simulation

Battlefield Simulation

Medic Training (battlefield)

Vehicle Simulation

Virtual Boot Camp

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Spain

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

L-3 Link Simulation and Training

Boeing

CAE Inc

FlightSafety International

Thales

Lockheed Martin

Cubic Corporation

Rheinmetall Defence

Raytheon

Rockwell Collins

Elbit Systems

Virtual Reality Media

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Military Virtual Training market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of Military Virtual Training market by identifying its various subsegments.

Focuses on the key global Military Virtual Training players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Military Virtual Training with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the size of Military Virtual Training submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2019-2024 Global Military Virtual Training Market Report (Status and Outlook)

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global Military Virtual Training Market Size 2014-2024

2.1.2 Military Virtual Training Market Size CAGR by Region

2.2 Military Virtual Training Segment by Type

2.2.1 Traditional Military Virtual Training

2.2.2 Virtual Reality Based Military Training

2.3 Military Virtual Training Market Size by Type

2.3.1 Global Military Virtual Training Market Size Market Share by Type (2014-2019)

2.3.2 Global Military Virtual Training Market Size Growth Rate by Type (2014-2019)

2.4 Military Virtual Training Segment by Application

2.4.1 Flight Simulation

2.4.2 Battlefield Simulation

2.4.3 Medic Training (battlefield)

2.4.4 Vehicle Simulation

2.4.5 Virtual Boot Camp

2.5 Military Virtual Training Market Size by Application

2.5.1 Global Military Virtual Training Market Size Market Share by Application (2014-2019)

2.5.2 Global Military Virtual Training Market Size Growth Rate by Application (2014-2019)

3 Global Military Virtual Training by Players

3.1 Global Military Virtual Training Market Size Market Share by Players

3.1.1 Global Military Virtual Training Market Size by Players (2017-2019)

3.1.2 Global Military Virtual Training Market Size Market Share by Players (2017-2019)

3.2 Global Military Virtual Training Key Players Head office and Products Offered

3.3 Market Concentration Rate Analysis

3.3.1 Competition Landscape Analysis

3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)

3.4 New Products and Potential Entrants

3.5 Mergers & Acquisitions, Expansion

4 Military Virtual Training by Regions

4.1 Military Virtual Training Market Size by Regions

4.2 Americas Military Virtual Training Market Size Growth

4.3 APAC Military Virtual Training Market Size Growth

4.4 Europe Military Virtual Training Market Size Growth

4.5 Middle East & Africa Military Virtual Training Market Size Growth

5 Americas

5.1 Americas Military Virtual Training Market Size by Countries

5.2 Americas Military Virtual Training Market Size by Type

5.3 Americas Military Virtual Training Market Size by Application

5.4 United States

5.5 Canada

5.6 Mexico

5.7 Key Economic Indicators of Few Americas Countries

6 APAC

6.1 APAC Military Virtual Training Market Size by Countries

6.2 APAC Military Virtual Training Market Size by Type

6.3 APAC Military Virtual Training Market Size by Application

6.4 China

6.5 Japan

6.6 Korea

6.7 Southeast Asia

6.8 India

6.9 Australia

6.10 Key Economic Indicators of Few APAC Countries

7 Europe

7.1 Europe Military Virtual Training by Countries

7.2 Europe Military Virtual Training Market Size by Type

7.3 Europe Military Virtual Training Market Size by Application

7.4 Germany

7.5 France

7.6 UK

7.7 Italy

7.8 Russia

7.9 Spain

7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa

8.1 Middle East & Africa Military Virtual Training by Countries

8.2 Middle East & Africa Military Virtual Training Market Size by Type

8.3 Middle East & Africa Military Virtual Training Market Size by Application

8.4 Egypt

8.5 South Africa

8.6 Israel

8.7 Turkey

8.8 GCC Countries

9 Market Drivers, Challenges and Trends

9.1 Market Drivers and Impact

9.1.1 Growing Demand from Key Regions

9.1.2 Growing Demand from Key Applications and Potential Industries

9.2 Market Challenges and Impact

9.3 Market Trends

10 Global Military Virtual Training Market Forecast

10.1 Global Military Virtual Training Market Size Forecast (2019-2024)

10.2 Global Military Virtual Training Forecast by Regions

10.2.1 Global Military Virtual Training Forecast by Regions (2019-2024)

10.2.2 Americas Market Forecast

10.2.3 APAC Market Forecast

10.2.4 Europe Market Forecast

10.2.5 Middle East & Africa Market Forecast

10.3 Americas Forecast by Countries

10.3.1 United States Market Forecast

10.3.2 Canada Market Forecast

10.3.3 Mexico Market Forecast

10.3.4 Brazil Market Forecast

10.4 APAC Forecast by Countries

10.4.1 China Market Forecast

10.4.2 Japan Market Forecast

10.4.3 Korea Market Forecast

10.4.4 Southeast Asia Market Forecast

10.4.5 India Market Forecast

10.4.6 Australia Market Forecast

10.5 Europe Forecast by Countries

10.5.1 Germany Market Forecast

10.5.2 France Market Forecast

10.5.3 UK Market Forecast

10.5.4 Italy Market Forecast

10.5.5 Russia Market Forecast

10.5.6 Spain Market Forecast

10.6 Middle East & Africa Forecast by Countries

10.6.1 Egypt Market Forecast

10.6.2 South Africa Market Forecast

10.6.3 Israel Market Forecast

10.6.4 Turkey Market Forecast

10.6.5 GCC Countries Market Forecast

10.7 Global Military Virtual Training Forecast by Type

10.8 Global Military Virtual Training Forecast by Application

11 Key Players Analysis

11.1 L-3 Link Simulation and Training

11.1.1 Company Details

11.1.2 Military Virtual Training Product Offered

11.1.3 L-3 Link Simulation and Training Military Virtual Training Revenue, Gross Margin and Market Share (2017-2019)

11.1.4 Main Business Overview

11.1.5 L-3 Link Simulation and Training News

11.2 Boeing

11.2.1 Company Details

11.2.2 Military Virtual Training Product Offered

11.2.3 Boeing Military Virtual Training Revenue, Gross Margin and Market Share (2017-2019)

11.2.4 Main Business Overview

11.2.5 Boeing News

11.3 CAE Inc

11.3.1 Company Details

11.3.2 Military Virtual Training Product Offered

11.3.3 CAE Inc Military Virtual Training Revenue, Gross Margin and Market Share (2017-2019)

11.3.4 Main Business Overview

11.3.5 CAE Inc News

11.4 FlightSafety International

11.4.1 Company Details

11.4.2 Military Virtual Training Product Offered

11.4.3 FlightSafety International Military Virtual Training Revenue, Gross Margin and Market Share (2017-2019)

11.4.4 Main Business Overview

11.4.5 FlightSafety International News

11.5 Thales

11.5.1 Company Details

11.5.2 Military Virtual Training Product Offered

11.5.3 Thales Military Virtual Training Revenue, Gross Margin and Market Share (2017-2019)

11.5.4 Main Business Overview

11.5.5 Thales News

11.6 Lockheed Martin

11.6.1 Company Details

11.6.2 Military Virtual Training Product Offered

11.6.3 Lockheed Martin Military Virtual Training Revenue, Gross Margin and Market Share (2017-2019)

11.6.4 Main Business Overview

11.6.5 Lockheed Martin News

11.7 Cubic Corporation

11.7.1 Company Details

11.7.2 Military Virtual Training Product Offered

11.7.3 Cubic Corporation Military Virtual Training Revenue, Gross Margin and Market Share (2017-2019)

11.7.4 Main Business Overview

11.7.5 Cubic Corporation News

11.8 Rheinmetall Defence

11.8.1 Company Details

11.8.2 Military Virtual Training Product Offered

11.8.3 Rheinmetall Defence Military Virtual Training Revenue, Gross Margin and Market Share (2017-2019)

11.8.4 Main Business Overview

11.8.5 Rheinmetall Defence News

11.9 Raytheon

11.9.1 Company Details

11.9.2 Military Virtual Training Product Offered

11.9.3 Raytheon Military Virtual Training Revenue, Gross Margin and Market Share (2017-2019)

11.9.4 Main Business Overview

11.9.5 Raytheon News

11.10 Rockwell Collins

11.10.1 Company Details

11.10.2 Military Virtual Training Product Offered

11.10.3 Rockwell Collins Military Virtual Training Revenue, Gross Margin and Market Share (2017-2019)

11.10.4 Main Business Overview

11.10.5 Rockwell Collins News

11.11 Elbit Systems

11.12 Virtual Reality Media

12 Research Findings and Conclusion

List of Tables and Figures

Table Product Specifications of Military Virtual Training

Figure Military Virtual Training Report Years Considered

Figure Market Research Methodology