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Military Simulation and Training Market
Military Simulation and Training Market by Application (Airborne Simulation, Naval Simulation, and Ground
Simulation) and Training Type (Live Training, Virtual Training, Constructive Training, and Gaming
Simulation Training): Global Opportunity Analysis and Industry Forecast, 2021–2030
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Military Simulation and Training Market
The global military simulation and training market was valued at $11.56 billion in 2020, and is projected to reach
$20.58 billion by 2030, registering a CAGR of 6.2%. North America was the highest revenue contributor, accounting
for $4.24 billion in 2020, and is estimated to reach $8.03 billion by 2030, with a CAGR of 6.9%.
Military simulation and training are a series of activities for developing the battlefield environment without actual
hostilities. For effective training activities of the military personal without involving high cost for training, military
simulation and training solution serves as an effective approach, which is highly adopted by military forces across
the globe. Military simulation and training involve the use of high-end technology-enabled platforms that provide
the military personnel with effective operational capability.
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Military Simulation and Training Market
Key Benefits For Stakeholders
• This study presents analytical depiction of the market analysis along with the current trends and future
estimations to depict imminent investment pockets.
• The overall market opportunity is determined by understanding profitable trends to gain a stronger foothold.
• The report presents information related to key drivers, restraints, and opportunities of the market with a detailed
impact analysis.
• The military simulation and training market is quantitatively analyzed from 2020 to 2030 to benchmark the
financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
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Military Simulation and Training Market
Major Companies:
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CAE, Inc.
Israel Aerospace Industries Ltd.
Lockheed Martin Corporation
Meggitt PLC
Northrop Grumman Corporation
Raytheon Technologies
Rheinmetall AG
SAAB AB
Textron Inc.
Thales Group
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Military Simulation and Training Market
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