Global Military Aerospace Simulation and Training Market Growth 2019-2024

Military Aerospace Simulation and Training includes the aerospace simulators, training devices and related services for military. They are commonly purchased by governments of countries who have strong air forces and military aircrafts.
Aerospace simulator and training device are devices that artificially re-create aircraft flight and the environment in which it flies, for pilot training, design, or other purposes. It includes replicating the equations that govern how aircraft fly, how they react to applications of flight controls, the effects of other aircraft systems, and how the aircraft reacts to external factors such as air density, turbulence, wind shear, cloud, precipitation, etc.

Currently in the global military aerospace simulator population, United States has an absolutely leading position with a share of over 58%, after it is China with a share of over 4.8%, then followed by UK, Canada, France, Austria. The six countries have a share of about 73.7%.
Most of the leading military aerospace training and simulation suppliers have recorded revenue growth and do not expect any slowdown as their customers continue to look towards simulators as a way to reduce costs, while improving the readiness of their pilots. While much of the growth in the military aerospace simulation market has been generated by orders for new simulators, orders for existing equipment upgrades are also contributing to the total market.
Although Chinese military aerospace training and simulation industry started later than the developed countries, it has already had a big development in recent years. Due to fierce competition in the international market as well as the core technology monopoly, China Air Force has to spend a lot of money to introduce foreign aircraft simulator or spend high cost for training people abroad, it resulted the high cost of domestic pilot training, and the operating costs cannot be reduced. For reasons of national defense need as well as domestic civil market demand, flight simulation equipment industry belongs to the industries which need rapid development.

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

This report presents a comprehensive overview, market shares, and growth opportunities of Military Aerospace Simulation and Training market by product type, application, key manufacturers and key regions and countries.

This study considers the Military Aerospace Simulation and Training value and volume 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 11.7.
Full Flight Simulator
Flight Training Device
Computer Based Training
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Fixed-wing Aircraft
Rotary-wing Aircraft

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.
Boeing
Lockheed Martin
Northrop Grumman
CAE
Thales
FlightSafety
CSTS Dinamika
Kratos
L-3 Communications
Rockwell Collins
Textron
BAE Systems
Rheinmetall
Bluesky
Moreget

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers 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 Aerospace Simulation and Training consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Military Aerospace Simulation and Training market by identifying its various subsegments.
Focuses on the key global Military Aerospace Simulation and Training manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Military Aerospace Simulation and 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 consumption of Military Aerospace Simulation and 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.