Military Virtual Training Market

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.

Military Virtual Training Market 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