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Virtual Training-Global Market Insights and Sales Trends 2024
Synopsis
Virtual training is a simulated virtual environment which is created to assess the capabilities of trainees to select the right resource. The virtual training simulation is of two kinds, namely instructor-led training and non-instructor-supported training. Simulation, by definition is a process of imitation of an operation of a real world system or a process. Growing awareness virtual training and simulation has positively driven the market growth. Fields such as civil aviation, military, e-learning, serious gaming, simulation-based gaming, entertainment, digital manufacturing, and healthcare use the technology widely, due to it’s the advantages such as ease handling & understanding, offers virtual environment as close as real one, and efficiency of training.
The global Virtual Training market size is expected to reach US$ 188980 million by 2029, growing at a CAGR of 15.4% from 2023 to 2029. The market is mainly driven by the significant applications of Virtual Training in various end use industries. The expanding demands from the Military, Civil Aviation, Medical and Entertainment, are propelling Virtual Training market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software segment is estimated at % CAGR for the next seven-year period.
Global Virtual Training key players include L-3 Link Simulation & Training, CAE, Boeing, Thales, FlightSafety, etc. Global top five manufacturers hold a share about 30%. North America is the largest market, with a share about 45%, followed by Europe, with a share about 25 percent. In terms of product, Hardware is the largest segment, with a share about 65%. And in terms of application, the largest application is Entertainment, followed by Military, Civil Aviation, Medical, etc.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Virtual Training, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Virtual Training market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Virtual Training market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Virtual Training sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Virtual Training covered in this report include L-3 Link Simulation & Training, CAE, Boeing, Thales, FlightSafety, Airbus, Lockheed Martin, BAE Systems and Raytheon, etc.
The global Virtual Training market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
L-3 Link Simulation & Training
CAE
Boeing
Thales
FlightSafety
Airbus
Lockheed Martin
BAE Systems
Raytheon
Cubic
Rheinmetall Defence
ANSYS
Saab
Elbit Systems
Rockwell Collins
Global Virtual Training market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Virtual Training market, Segment by Type:
Hardware
Software
Global Virtual Training market, by Application
Military
Civil Aviation
Medical
Entertainment
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Virtual Training companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Virtual training is a simulated virtual environment which is created to assess the capabilities of trainees to select the right resource. The virtual training simulation is of two kinds, namely instructor-led training and non-instructor-supported training. Simulation, by definition is a process of imitation of an operation of a real world system or a process. Growing awareness virtual training and simulation has positively driven the market growth. Fields such as civil aviation, military, e-learning, serious gaming, simulation-based gaming, entertainment, digital manufacturing, and healthcare use the technology widely, due to it’s the advantages such as ease handling & understanding, offers virtual environment as close as real one, and efficiency of training.
The global Virtual Training market size is expected to reach US$ 188980 million by 2029, growing at a CAGR of 15.4% from 2023 to 2029. The market is mainly driven by the significant applications of Virtual Training in various end use industries. The expanding demands from the Military, Civil Aviation, Medical and Entertainment, are propelling Virtual Training market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software segment is estimated at % CAGR for the next seven-year period.
Global Virtual Training key players include L-3 Link Simulation & Training, CAE, Boeing, Thales, FlightSafety, etc. Global top five manufacturers hold a share about 30%. North America is the largest market, with a share about 45%, followed by Europe, with a share about 25 percent. In terms of product, Hardware is the largest segment, with a share about 65%. And in terms of application, the largest application is Entertainment, followed by Military, Civil Aviation, Medical, etc.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Virtual Training, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Virtual Training market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Virtual Training market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Virtual Training sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Virtual Training covered in this report include L-3 Link Simulation & Training, CAE, Boeing, Thales, FlightSafety, Airbus, Lockheed Martin, BAE Systems and Raytheon, etc.
The global Virtual Training market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
L-3 Link Simulation & Training
CAE
Boeing
Thales
FlightSafety
Airbus
Lockheed Martin
BAE Systems
Raytheon
Cubic
Rheinmetall Defence
ANSYS
Saab
Elbit Systems
Rockwell Collins
Global Virtual Training market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Virtual Training market, Segment by Type:
Hardware
Software
Global Virtual Training market, by Application
Military
Civil Aviation
Medical
Entertainment
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Virtual Training companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Virtual Training
1.1 Virtual Training Market Overview
1.1.1 Virtual Training Product Scope
1.1.2 Virtual Training Market Status and Outlook
1.2 Global Virtual Training Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Virtual Training Market Size by Region (2018-2029)
1.4 Global Virtual Training Historic Market Size by Region (2018-2023)
1.5 Global Virtual Training Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Virtual Training Market Size (2018-2029)
1.6.1 North America Virtual Training Market Size (2018-2029)
1.6.2 Europe Virtual Training Market Size (2018-2029)
1.6.3 Asia-Pacific Virtual Training Market Size (2018-2029)
1.6.4 Latin America Virtual Training Market Size (2018-2029)
1.6.5 Middle East & Africa Virtual Training Market Size (2018-2029)
2 Virtual Training Market by Type
2.1 Introduction
2.1.1 Hardware
2.1.2 Software
2.2 Global Virtual Training Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Virtual Training Historic Market Size by Type (2018-2023)
2.2.2 Global Virtual Training Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Virtual Training Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Virtual Training Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Virtual Training Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Virtual Training Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Virtual Training Revenue Breakdown by Type (2018-2029)
3 Virtual Training Market Overview by Application
3.1 Introduction
3.1.1 Military
3.1.2 Civil Aviation
3.1.3 Medical
3.1.4 Entertainment
3.1.5 Other
3.2 Global Virtual Training Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Virtual Training Historic Market Size by Application (2018-2023)
3.2.2 Global Virtual Training Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Virtual Training Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Virtual Training Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Virtual Training Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Virtual Training Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Virtual Training Revenue Breakdown by Application (2018-2029)
4 Virtual Training Competition Analysis by Players
4.1 Global Virtual Training Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Virtual Training as of 2022)
4.3 Date of Key Players Enter into Virtual Training Market
4.4 Global Top Players Virtual Training Headquarters and Area Served
4.5 Key Players Virtual Training Product Solution and Service
4.6 Competitive Status
4.6.1 Virtual Training Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 L-3 Link Simulation & Training
5.1.1 L-3 Link Simulation & Training Profile
5.1.2 L-3 Link Simulation & Training Main Business
5.1.3 L-3 Link Simulation & Training Virtual Training Products, Services and Solutions
5.1.4 L-3 Link Simulation & Training Virtual Training Revenue (US$ Million) & (2018-2023)
5.1.5 L-3 Link Simulation & Training Recent Developments
5.2 CAE
5.2.1 CAE Profile
5.2.2 CAE Main Business
5.2.3 CAE Virtual Training Products, Services and Solutions
5.2.4 CAE Virtual Training Revenue (US$ Million) & (2018-2023)
5.2.5 CAE Recent Developments
5.3 Boeing
5.3.1 Boeing Profile
5.3.2 Boeing Main Business
5.3.3 Boeing Virtual Training Products, Services and Solutions
5.3.4 Boeing Virtual Training Revenue (US$ Million) & (2018-2023)
5.3.5 Thales Recent Developments
5.4 Thales
5.4.1 Thales Profile
5.4.2 Thales Main Business
5.4.3 Thales Virtual Training Products, Services and Solutions
5.4.4 Thales Virtual Training Revenue (US$ Million) & (2018-2023)
5.4.5 Thales Recent Developments
5.5 FlightSafety
5.5.1 FlightSafety Profile
5.5.2 FlightSafety Main Business
5.5.3 FlightSafety Virtual Training Products, Services and Solutions
5.5.4 FlightSafety Virtual Training Revenue (US$ Million) & (2018-2023)
5.5.5 FlightSafety Recent Developments
5.6 Airbus
5.6.1 Airbus Profile
5.6.2 Airbus Main Business
5.6.3 Airbus Virtual Training Products, Services and Solutions
5.6.4 Airbus Virtual Training Revenue (US$ Million) & (2018-2023)
5.6.5 Airbus Recent Developments
5.7 Lockheed Martin
5.7.1 Lockheed Martin Profile
5.7.2 Lockheed Martin Main Business
5.7.3 Lockheed Martin Virtual Training Products, Services and Solutions
5.7.4 Lockheed Martin Virtual Training Revenue (US$ Million) & (2018-2023)
5.7.5 Lockheed Martin Recent Developments
5.8 BAE Systems
5.8.1 BAE Systems Profile
5.8.2 BAE Systems Main Business
5.8.3 BAE Systems Virtual Training Products, Services and Solutions
5.8.4 BAE Systems Virtual Training Revenue (US$ Million) & (2018-2023)
5.8.5 BAE Systems Recent Developments
5.9 Raytheon
5.9.1 Raytheon Profile
5.9.2 Raytheon Main Business
5.9.3 Raytheon Virtual Training Products, Services and Solutions
5.9.4 Raytheon Virtual Training Revenue (US$ Million) & (2018-2023)
5.9.5 Raytheon Recent Developments
5.10 Cubic
5.10.1 Cubic Profile
5.10.2 Cubic Main Business
5.10.3 Cubic Virtual Training Products, Services and Solutions
5.10.4 Cubic Virtual Training Revenue (US$ Million) & (2018-2023)
5.10.5 Cubic Recent Developments
5.11 Rheinmetall Defence
5.11.1 Rheinmetall Defence Profile
5.11.2 Rheinmetall Defence Main Business
5.11.3 Rheinmetall Defence Virtual Training Products, Services and Solutions
5.11.4 Rheinmetall Defence Virtual Training Revenue (US$ Million) & (2018-2023)
5.11.5 Rheinmetall Defence Recent Developments
5.12 ANSYS
5.12.1 ANSYS Profile
5.12.2 ANSYS Main Business
5.12.3 ANSYS Virtual Training Products, Services and Solutions
5.12.4 ANSYS Virtual Training Revenue (US$ Million) & (2018-2023)
5.12.5 ANSYS Recent Developments
5.13 Saab
5.13.1 Saab Profile
5.13.2 Saab Main Business
5.13.3 Saab Virtual Training Products, Services and Solutions
5.13.4 Saab Virtual Training Revenue (US$ Million) & (2018-2023)
5.13.5 Saab Recent Developments
5.14 Elbit Systems
5.14.1 Elbit Systems Profile
5.14.2 Elbit Systems Main Business
5.14.3 Elbit Systems Virtual Training Products, Services and Solutions
5.14.4 Elbit Systems Virtual Training Revenue (US$ Million) & (2018-2023)
5.14.5 Elbit Systems Recent Developments
5.15 Rockwell Collins
5.15.1 Rockwell Collins Profile
5.15.2 Rockwell Collins Main Business
5.15.3 Rockwell Collins Virtual Training Products, Services and Solutions
5.15.4 Rockwell Collins Virtual Training Revenue (US$ Million) & (2018-2023)
5.15.5 Rockwell Collins Recent Developments
6 North America
6.1 North America Virtual Training Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Virtual Training Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Virtual Training Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Virtual Training Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Virtual Training Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Virtual Training Market Dynamics
11.1 Virtual Training Industry Trends
11.2 Virtual Training Market Drivers
11.3 Virtual Training Market Challenges
11.4 Virtual Training Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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