DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/z4fwrv/global_military) has announced the addition of the "Global Military Aerospace Simulation and Training Market 2015-2019" report to their offering.
The global military aerospace simulation and training market to grow at a CAGR of -1.46% during 2014-2019.
The report covers the present scenario and the growth prospects of the global military aerospace simulation and training market for the period 2015-2019. The market can be segmented into four divisions: Combat aircraft, combat helicopters and transport aircraft.
There are four levels of FFS: Level A to D. Level D refers to the highest standard, and provides acceleration in all six degrees of freedom (DOF). A flight simulator includes aircraft, environment and cueing simulation.
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
Key Vendors
- Boeing (Defence, Space and Security)
- CAE
- Kratos Defense and Security Solutions
- L-3 Communications
- Rheinmetall Defence Electronics
Other Prominent Vendors
- BAE Systems
- Northrop Grumman
- Textron Systems
- Thales Training &Simulation
For more information visit http://www.researchandmarkets.com/research/z4fwrv/global_military
