Military Simulation and Virtual Training Market Analysis

  • Report ID: 2639
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Military Simulation and Virtual Training Market Analysis

The military simulation and virtual training market is segmented by application into ground, air and naval, out of which, the ground segment is estimated to hold the largest market share owing to the rise in procurement of land systems, such as combat training simulation systems, turret team training simulators and tactical training simulators, among others.

Our in-depth analysis of the global market includes the following segments

By Platform Type

  • Flight
  • Vehicle
  • Battlefield
  • Virtual Boot Camp

By Application

  • Ground
  • Air
  • Naval
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Author Credits:  Dhruv Bhatia


  • Report ID: 2639
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of military simulation and virtual training is estimated at USD 13.77 billion.

Military Simulation and Virtual Training Market size was valued at USD 13.26 billion in 2023 and is likely to cross USD 24.39 billion by 2036, registering more than 4.8% CAGR during the forecast period i.e., between 2024-2036.

North America industry is predicted to hold largest revenue share by 2036, on account of favorable government initiatives and the availability of advanced military infrastructure in the region.

The major players in the market are Northrop Grumman Corporation, Thales Group, Cubic Corporation, CAE Inc., Elbit Systems, Rockwell Collins Inc., BAE Systems, Bohemia Interactive Simulations, Lockheed Martin Corporation, L3 Link Training & Simulation, and others.
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