The Worldwide Training Simulators Industry is Expected to Reach $69.9 Billion by 2027 - ResearchAndMarkets.com

DUBLIN--()--The "Training Simulators Market Research Report by Components, End-user, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Training Simulators Market size was estimated at USD 31.98 billion in 2021, USD 36.35 billion in 2022, and is projected to grow at a CAGR of 13.92% to reach USD 69.93 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Training Simulators Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Training Simulators Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Training Simulators Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Training Simulators Market?

4. What is the competitive strategic window for opportunities in the Global Training Simulators Market?

5. What are the technology trends and regulatory frameworks in the Global Training Simulators Market?

6. What is the market share of the leading vendors in the Global Training Simulators Market?

7. What modes and strategic moves are considered suitable for entering the Global Training Simulators Market?

Market Dynamics

Drivers

  • Growing demand for skilled employees in healthcare and industrial sector
  • Rising need to train pilots to cater to the increase in air travel
  • Stringent government regulations to maintain safe and environmental complaint operations

Restraints

  • High cost of installation

Opportunities

  • Increasing acceptance of virtual training to ensure safety
  • Growing demand for unmanned systems for defense and commercial applications

Challenges

  • Data sharing concerns for customized simulator modeling

Companies Mentioned

  • Airbus SAS
  • ARI Simulation
  • Avion Group
  • AVT Simulation
  • Bohemia Interactive Simulations
  • CAE Inc.
  • ECA Group
  • Elite Simulation Solutions
  • FlightSafety International
  • Frasca International, Inc.
  • Indra Sistemas SA
  • Kongsberg Maritime
  • L3Harris Technologies
  • Oktal Sydac
  • Precision Flight Controls, Inc.
  • Raytheon Technologies
  • Rheinmetall AG
  • Saab AB
  • Simcom Aviation Training
  • ST Engineering
  • Thales SA
  • The Boeing Company
  • TruSimulation + Training Inc.
  • Virtra
  • VSTEP BV

For more information about this report visit https://www.researchandmarkets.com/r/eteqkf

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900