Market Analysis and Insights: Global Military Simulation, Modeling and Virtual Training Market
The global Military Simulation, Modeling and Virtual Training market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Live accounting for % of the Military Simulation, Modeling and Virtual Training global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Army segment is altered to an % CAGR throughout this forecast period.
China Military Simulation, Modeling and Virtual Training market size is valued at US$ million in 2021, while the North America and Europe Military Simulation, Modeling and Virtual Training are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Military Simulation, Modeling and Virtual Training landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
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Global Military Simulation, Modeling and Virtual Training Scope and Market Size
Military Simulation, Modeling and Virtual Training market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Military Simulation, Modeling and Virtual Training market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Live
Virtual
Constructive
Gaming Simulation
Segment by Application
Army
Air Force
Navy
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
BAE Systems Plc
Boeing Company
Elbit Systems Ltd.
Leonardo SpA
Lockheed Martin Corporation
InVeris Training Solutions (Meggit Plc)
Airbus Group SE
CAE Inc.
General Dynamics Corporation
Northrop Grumman Corporation
Raytheon Technologies Corporation
Rheinmetall AG
Saab AB
Thales Group
Cubic Corporation
FAAC Incorporated
Bohemia Interactive Simulations (BISim)
Singapore Technologies Engineering Ltd (ST Engineering)
AnyLogic Company
AVT Simulation Inc.