Police and military simulation training market: Growth opportunities led Arotech Corp. and Ascent Flight Training Holdings – Technavio – Longview News-Journal

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Updated: December 9, 2022 @ 9:53 pm
Technavio has announced its latest market research report titled Global Police and Military Simulation Training Market 2023-2027
Global 5-D Building Information Modeling Market 2022-2026 (PRNewsfoto/Technavio)

Technavio has announced its latest market research report titled Global Police and Military Simulation Training Market 2023-2027
Global 5-D Building Information Modeling Market 2022-2026 (PRNewsfoto/Technavio)
NEW YORK, Dec. 9, 2022 /PRNewswire/ — The police and military simulation training market size is forecasted to increase by USD 4,885.06 million from 2022 to 2027, at a CAGR of 6.53%, according to the recent market study by Technavio. The growth of the market will be driven by cost-effective virtual training, the increasing demand for UAV flight simulators, and the increasing M&A, collaborations, and partnerships.

Technavio categorizes the global police and military simulation training market as a part of the aerospace and defense market, which covers products and companies engaged in the production of aerial platforms used for commercial and general aviation; defense platforms used under naval, land, and air domains; arms and ammunition; defense electronics; defense logistics equipment; and space platforms, equipment, and launch vehicles.
Charts and data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the sample report
Technavio has extensively analyzed 15 major vendors, including Arotech Corp., Ascent Flight Training Holdings, BAE Systems Plc, Berkshire Hathaway Inc., Bohemia Interactive Simulations ks, Cubic Corp., General Dynamics Mission Systems Inc., H SIM, Indra Sistemas SA, Israel Aerospace Industries Ltd., Kratos Defense and Security Solutions Inc, L3Harris Technologies Inc., Lockheed Martin Corp., Meggitt Plc, Northrop Grumman Corp., Raytheon Technologies Corp., Rheinmetall AG, Saab AB, and Virtra Inc.
Key benefits for industry players and stakeholders –
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Customer landscape – Analysis of price sensitivity, adoption lifecycle, customer purchase basket, adoption rates, and purchase criteria by Technavio
Download the sample to get a holistic overview of the police and military simulation market by industry experts to evaluate and develop growth strategies.
The market is segmented by product (flight, combat, and maritime) and application (air, naval, and ground).
Segmentation by end-user (inclusion/exclusion)
The flight segment grew gradually by USD 5,181.90 million between 2017 and 2021. Flight simulators are used for training pilots by creating a virtual environment for various aspects of a flight. They enhance the skills of pilots. Currently, several major military aircraft deals are under process, which will drive the growth of the flight segment. The governments of many countries are acquiring new flight simulators to train their pilots. These factors are expected to drive the growth of the flight segment during the forecast period.
To get detailed insights about inclusions and exclusions, buy report.
Related reports –
Military body-worn camera market by end-user and geography – Forecast and analysis 2022-2026 – size is estimated to increase by USD 268.49 million from 2021 to 2026, with an accelerated CAGR of 5.44%, according to the recent market study by Technavio. Furthermore, this report extensively covers market segmentation by end-user (defense sector and homeland security sector) and geography (APAC, North America, Europe, South America, and Middle East and Africa). 
Military robots market by product and geography – Forecast and analysis 2022-2026 – size is estimated to increase by USD 8.19 billion from 2022 to 2027, with an accelerated CAGR of 8.15%, according to the recent market study by Technavio. The strengthening of border surveillance and patrolling is one of the key factors driving the market growth.
What are the key data covered in the police and military simulation training market?
Police and Military Simulation Training Market Scope
Report Coverage
Details
Page number
169
Base year
2022
Historic Period
2017 -2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 6.53%
Market growth 2023-2027
USD 4,885.06 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
5.64
Regional analysis
North America, APAC, Europe, Middle East and Africa, and South America
Performing contribution
North America at 36%
Key countries
US, Canada, China, UK, and Germany
Competitive landscape
Leading companies, market positioning of vendors, competitive strategies, and industry risks
Companies profiled
Arotech Corp., Ascent Flight Training Holdings, BAE Systems Plc, Berkshire Hathaway Inc., Bohemia Interactive Simulations ks, Cubic Corp., General Dynamics Mission Systems Inc., H SIM, Indra Sistemas SA, Israel Aerospace Industries Ltd., Kratos Defense and Security Solutions Inc, L3Harris Technologies Inc., Lockheed Martin Corp., Meggitt Plc, Northrop Grumman Corp., Raytheon Technologies Corp., Rheinmetall AG, Saab AB, and Virtra Inc.
Market dynamics
Parent market analysis; market growth inducers and obstacles; fast-growing and slow-growing segment analysis for the forecast period
Customization preview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Browse for Technavio’s industrials market reports
Table of contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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