MRO Magazine

Research and Markets: Global Military Training & Simulation Market Report – Analysis, Technologies & Forecasts 2016-2023

January 11, 2016
By Business Wire News


Research and Markets ( has announced the addition of the “Analysis of the Global Military Training & Simulation Market” report to their offering.

The analysis of the global military training and simulation market is broken down into four end-user segments: air, land, naval, and joint. Accessible revenues are analyzed by region (Africa, Asia-Pacific, Central Asia, Europe, Latin America, Middle-East, and North America), training equipment, and training services. This study covers 85 countries.

Revenues for training equipment are further broken down by training equipment types: simulators, computer-based training, augmented training, and services. The forecast period is 2015-2023, with 2014 as the base year.

Key Findings:

  • A slow decline is observed due to the impact of the sequestration on the US Department of Defense (DoD) budget enacted in early 2013 and a similar budget reduction within NATO countries.
  • Rising threats across Europe and ongoing deployments in the Middle East and Africa are, however, mitigating such market decline, ensuring high combat readiness. As a result, the global military training and simulation market will witness a very flat growth during the forecast period.
  • Financial uncertainties in Latin America and Central Asian countries and the oil price drops are impacting the military’s available funding and training expenditures, with potential repercussions on accessible opportunities to be measured from the medium term.

Report Structure:

1. Executive Summary

2. Market Overview

3. Drivers and Restraints-Total Military Training and Simulation Market

4. Forecasts and Trends-Total Military Training and Simulation Market

5. Market Share and Competitive Analysis-Total Military Training and Simulation Market

6. Mega Trends and Industry Convergence Implications

7. Air Segment Analysis

8. Land Segment Analysis

9. Naval Segment Analysis

10. Joint Segment Analysis

11. Asia-Pacific Analysis

12. Europe Analysis

13. Middle East and Africa Analysis

14. North America Analysis

15. Rest of the World Analysis

16. The Last Word

17. Appendix

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Aerospace and Defence