“Military Simulation And Training Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on military simulation and training market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for military simulation and training? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The military simulation and training market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Type: Live; Virtual; Constructive
- 2) By Environment: Synthetic; Gaming
- 3) By Technology: IoT (Internet Of Things); 5G (5th Generation Mobile Network); Big Data Analytics; Artificial Intelligence; Cloud Computing And Master Data Management; AR (Augmented Reality) And VR (Virtual Reality); Digital Twin; Robotic Process Automation
- 4) By Platform: Land; Maritime; Airborne
- 5) By Application: Army; Aviation; Naval
- Companies Mentioned: CAE Inc; Israel Aerospace Industries Ltd; Lockheed Martin Corporation; Meggitt PLC; Northrop Grumman Corporation
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the military simulation and training market are: CAE Inc., Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Meggitt PLC, Northrop Grumman Corporation, Raytheon Technologies, Rheinmetall AG, SAAB AB, Textron Inc., Thales Group, L-3 Communications Holdings Inc., Rockwell Collins Inc., Cubic Corporation, BAE Systems, and FAAC Incorporated.
The global military simulation and training market is expected to grow from $11.69 billion in 2022 to $12.59 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The military simulation and training market is expected to reach $16.27 billion in 2027 at a CAGR of 6.6%.
The military simulation and training market consists of revenues earned by entities by providing training-related products and services such as virtual battlefield in real-time, enabling ab-initio training, mission rehearsal, and flight operations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Military simulation and training refers to the handling of military equipment and weapons using simulation technology, which saves time and labour and potentially reducing technical wear on weapons and equipment, and is widely used in many forms of military equipment training.
North America was the largest region in the military simulation and training market in 2022. The regions covered in the military simulation and training report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of military simulation and training are life, virtual, and constructive. Live refers to a simulation in which actual people use genuine systems. Live is used in military simulation and training with a massive and costly logistical effort, whereas simulation is safer and less expensive, but does not provide participants with a comparable experience. It is provided through synthetic, and gaming environments using technologies such as IoT (internet of things), 5G (5th generation mobile network), big data analytics, artificial intelligence, cloud computing, master data management, AR (augmented reality) and VR (virtual reality), digital twin, and robotic process automation. It is performed on platforms such as land, maritime, and airborne, and used in applications such as the army, aviation, and naval.
The increase in defense expenditure is expected to propel the growth of the military simulation and training market going forward. Defense expenditure refers to the amount of money spent by a government on military measures or resources. Defense expenditure is increasing due to rising security challenges, such as violent extremism and separatist insurgencies, that require effective military training with numerous advantages, synthetic or virtual training. For instance, according to the data released by Stockholm International Peace Research Institute (SIPRI), a Sweden-based international institute providing analysis, and recommendations for armed conflict, military expenditure, and arms trade, in 2021, total global military expenditure grew by 0.7% in real terms to $2,113 billion. In addition, India, the third highest spender in the world, increased its military expenditure by 0.9% from 2020 to $76.6 billion in 2021. Therefore, the increase in defense expenditure is expected to drive the growth of the military simulation and training market.
Technological advancements have emerged as a key trend gaining popularity in the military simulation and training market. Major players operating in the market are focused on innovating new technologies to sustain their position in the market. For instance, in April 2026, Bohemia Interactive Simulations (BISim), a US-based developer and producer of advanced military simulation and training software, launched Mantle ETM. This new technology product is a specially developed platform for building simulated terrain for training, mission rehearsal, visualization, and terrain analysis. It is based on tried-and-true COTS components and professional design and development services. It offers a cloud-capable, custom terrain pipeline that integrates current terrain capabilities or offers a comprehensive end-to-end terrain development and management solution from scratch. It works with data, processes, servers, and runtimes. The Mantle ETM platform is built on sturdy commercial-off-the-shelf (COTS) components, including TerraTools components (for terrain generation), Blue Data Pipeline technologies in VBS4, and VBS World Server components (for terrain storage and server capabilities).
In March 2022, BAE Systems, a UK-based arms, security, and aerospace company, acquired Bohemia Interactive Simulations for $200 million. With this acquisition, BAE Systems is better positioned to satisfy its clients' increasing demands in the rapidly developing global military training industry, and offer next-generation virtual systems to assist the US military and its allies in preparing for future situations. Bohemia Interactive Simulations is a Czech-based software development and advanced military training and simulation solutions company.
The countries covered in the military simulation and training market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The military simulation and training market research report is one of a series of new reports from The Business Research Company that provides military simulation and training market statistics, including military simulation and training industry global market size, regional shares, competitors with a military simulation and training market share, detailed military simulation and training market segments, market trends and opportunities, and any further data you may need to thrive in the military simulation and training industry. This military simulation and training market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Military Simulation And Training Market Characteristics
3. Military Simulation And Training Market Trends And Strategies
4. Military Simulation And Training Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Military Simulation And Training Market
- 4.2. Ukraine-Russia War Impact On Military Simulation And Training Market
- 4.3. Impact Of High Inflation On Military Simulation And Training Market
5. Military Simulation And Training Market Size And Growth
- 5.1. Global Military Simulation And Training Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Military Simulation And Training Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Military Simulation And Training Market Segmentation
- 6.1. Global Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Live
- Virtual
- Constructive
- 6.2. Global Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Synthetic
- Gaming
- 6.3. Global Military Simulation And Training Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- IoT (Internet Of Things)
- 5G (5th Generation Mobile Network)
- Big Data Analytics
- Artificial Intelligence
- Cloud Computing And Master Data Management
- AR (Augmented Reality) And VR (Virtual Reality)
- Digital Twin
- Robotic Process Automation
- 6.4. Global Military Simulation And Training Market, Segmentation By Platform, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Land
- Maritime
- Airborne
- 6.5. Global Military Simulation And Training Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Army
- Aviation
- Naval
7. Military Simulation And Training Market Regional And Country Analysis
- 7.1. Global Military Simulation And Training Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Military Simulation And Training Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Military Simulation And Training Market
- 8.1. Asia-Pacific Military Simulation And Training Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Military Simulation And Training Market
- 9.1. China Military Simulation And Training Market Overview
- 9.2. China Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Military Simulation And Training Market
- 10.1. India Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Military Simulation And Training Market
- 11.1. Japan Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Military Simulation And Training Market
- 12.1. Australia Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Military Simulation And Training Market
- 13.1. Indonesia Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Military Simulation And Training Market
- 14.1. South Korea Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Military Simulation And Training Market
- 15.1. Western Europe Military Simulation And Training Market Overview
- 15.2. Western Europe Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Military Simulation And Training Market
- 16.1. UK Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Military Simulation And Training Market
- 17.1. Germany Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Military Simulation And Training Market
- 18.1. France Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Military Simulation And Training Market
- 19.1. Eastern Europe Military Simulation And Training Market Overview
- 19.2. Eastern Europe Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Military Simulation And Training Market
- 20.1. Russia Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Military Simulation And Training Market
- 21.1. North America Military Simulation And Training Market Overview
- 21.2. North America Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Military Simulation And Training Market
- 22.1. USA Military Simulation And Training Market Overview
- 22.2. USA Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Military Simulation And Training Market
- 23.1. South America Military Simulation And Training Market Overview
- 23.2. South America Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Military Simulation And Training Market
- 24.1. Brazil Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Military Simulation And Training Market
- 25.1. Middle East Military Simulation And Training Market Overview
- 25.2. Middle East Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Military Simulation And Training Market
- 26.1. Africa Military Simulation And Training Market Overview
- 26.2. Africa Military Simulation And Training Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Military Simulation And Training Market, Segmentation By Environment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Military Simulation And Training Market Competitive Landscape And Company Profiles
- 27.1. Military Simulation And Training Market Competitive Landscape
- 27.2. Military Simulation And Training Market Company Profiles
- 27.2.1. CAE Inc
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Israel Aerospace Industries Ltd
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Lockheed Martin Corporation
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Meggitt PLC
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Northrop Grumman Corporation
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Military Simulation And Training Market
29. Military Simulation And Training Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer