Virtual Training System Market, Global Outlook and Forecast 2023-2030
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.
This report aims to provide a comprehensive presentation of the global market for Virtual Training System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Virtual Training System. This report contains market size and forecasts of Virtual Training System in global, including the following market information:
Global Virtual Training System Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Virtual Training System market was valued at US$ 70540 million in 2022 and is projected to reach US$ 142150 million by 2029, at a CAGR of 10.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Virtual Training System 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 Virtual Training System Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Virtual Training System Market Segment Percentages, by Type, 2022 (%)
Hardware
Software
Global Virtual Training System Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Virtual Training System Market Segment Percentages, by Application, 2022 (%)
Military
Civil Aviation
Medical
Entertainment
Others
Global Virtual Training System Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Virtual Training System Market Segment Percentages, By Region and Country, 2022 (%)
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 Virtual Training System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Virtual Training System revenues share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Virtual Training System, market overview.
Chapter 2: Global Virtual Training System market size in revenue.
Chapter 3: Detailed analysis of Virtual Training System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Virtual Training System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
