Traditional military virtual training is mainly flight simulators with training missions including how to fly in battle, how to recover in an emergency, how to coordinate air support with ground operations, etc. Nowadays the virtual reality technology is gradually used in the military virtual training. In virtual reality military training, a computer-generated environment simulates reality by means of interactive devices that send and receive information and are worn as goggles, headsets, gloves, or body suits. They are more cost savings.
This report contains market size and forecasts of Military Virtual Training in Global, including the following market information:
Global Military Virtual Training Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Military Virtual Training market was valued at 11090 million in 2021 and is projected to reach US$ 12830 million by 2028, at a CAGR of 2.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Traditional Military Virtual Training Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Military Virtual Training include L-3 Link Simulation and Training, Boeing, CAE Inc, FlightSafety International, Thales, Lockheed Martin, Cubic Corporation, Rheinmetall Defence and Raytheon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Military Virtual Training companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Military Virtual Training Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Military Virtual Training Market Segment Percentages, by Type, 2021 (%)
Traditional Military Virtual Training
Virtual Reality Based Military Training
Global Military Virtual Training Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Military Virtual Training Market Segment Percentages, by Application, 2021 (%)
Flight Simulation
Battlefield Simulation
Medic Training (Battlefield)
Vehicle Simulation
Virtual Boot Camp
Global Military Virtual Training Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Military Virtual Training Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Military Virtual Training revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Military Virtual Training revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
L-3 Link Simulation and Training
Boeing
CAE Inc
FlightSafety International
Thales
Lockheed Martin
Cubic Corporation
Rheinmetall Defence
Raytheon
Rockwell Collins
Elbit Systems
Virtual Reality Media