Military Simulation And Training Market Share

Statistics for the 2023 & 2024 Military Simulation And Training market share, created by Mordor Intelligence™ Industry Reports. Military Simulation And Training share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Market Share of Military Simulation And Training Industry

The military simulators and training market is semi-consolidated and dominated by players such as Collins Aerospace (RTX Corporation), CAE Inc., Rheinmetall AG, FlightSafety International Inc., and THALES. Simulator manufacturers are required to build a brand and reach out to geographical extremes to get customers. Manufacturers may have the first-mover advantage if they can attract customers for the simulators for new vehicle platforms, as simulators tend to be reconfigured or upgraded to support newer variants, providing the players with continuous revenue inflow.

Mergers and acquisitions are expected to help the players by increasing their addressable market. For instance, in March 2021, CAE Inc. announced the acquisition of L3Harris Technologies' Military Training business for USD 1.05 billion. Such acquisitions are expected to help the companies expand their market presence and their revenue share in the market during the forecast period. In the coming future, growing demand from end-users is expected to create some intense competitive rivalry where the companies offering the best products for a limited budget, along with other affiliate services, will reap the most benefits.

Military Simulation And Training Market Leaders

  1. Rheinmetall AG

  2. CAE Inc.

  3. THALES

  4. FlightSafety International Inc.

  5. Collins Aerospace (RTX Corporation)

*Disclaimer: Major Players sorted in no particular order

Military Simulation And Training Market Concentration

The Military Simulators and Training Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)