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Global Market for Military Aerospace Simulation and Training

Dublin, Feb. 15, 2023 (GLOBE NEWSWIRE) -- The "Military Aerospace Simulation and Training: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Military Aerospace Simulation and Training estimated at US$8.5 Billion in the year 2022, is projected to reach a revised size of US$12.4 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.

Virtual, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$7.7 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Live segment is readjusted to a revised 4.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 4.6% CAGR

The Military Aerospace Simulation and Training market in the U.S. is estimated at US$2.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 4.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.

Select Competitors (Total 44 Featured) -

• Advanced Simulation Corporation

• BAE Systems PLC

• Bluedrop Training & Simulation

• Boeing Company

• CACI International, Inc.

• CAE, Inc.

• Cubic Corporation

• Flyit Simulators, Inc.

• L3 Link Training & Simulation

• Rockwell Collins, Inc.

• SYTRONICS, Inc.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Report Metrics:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• Impact of Covid-19 and a Looming Global Recession

• Military Aerospace Simulation and Training - Global Key Competitors Percentage Market Share in 2020 (E)

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2020 (E)