This report provides readers with a comprehensive analysis of the Military Simulations and Virtual Training Market market through 20112021, including highlights of the demand drivers and growth stimulators for Military Simulations and Virtual Training Market . It also provides an insight on the spending pattern and modernization pattern in different regions around the world.

The global Military Simulation and Virtual Training Programs market is valued at US$3.5 billion in 2011. The market consists of five simulation categories: flight, helicopter, combat, maritime and maintenance. The value of the market is expected to increase at a CAGR of 6.75% over the forecast period, to reach a value of US$6.7 billion by 2021.

• Gain insight into the Military Simulations and Virtual Training Market market with current and forecast market values.
• Understand the key drivers and attractiveness parameters of the global Military Simulations and Virtual Training Market market.
• Understand the various factors impacting the growth of the Military Simulations and Virtual Training Market market.

2 Global Military Simulation Market Size and Drivers
2.1 Military Simulation Market Size and Forecast 20112021
2.1.1 Global military simulation market to show positive growth over the forecast period
2.2 Global Military Simulation Market Regional Analysis
2.2.1 North America dominates the global military simulation market
2.2.2 Demand for flight simulators in the US to support market growth
2.2.3 Demand for military simulators in Europe expected to increase despite defense budget cuts
2.2.4 Military simulators market expected to grow at a CAGR of 7.62% in the Asia-Pacific region
2.2.5 Markets in the Middle East to record increased military simulators expenditure
2.2.6 Military simulators and virtual training programs market in Latin America expected to register a CAGR of 7.59% over the forecast period
2.2.7 Markets in Africa expected to increase over the forecast period
2.3 Military Simulation SubSector Market Size Composition
2.3.1 Maritime simulation market to record strong CAGR growth
2.3.2 Market size of flight simulators expected to grow at a CAGR of 7.87% over the forecast period
2.3.3 Market size of combat simulators expected to rise at a CAGR of 6.72% over the forecast period
2.3.4 Market for maritime simulators expected to increase and reach US$1.2 billion by 2021
2.3.5 Market size of helicopter simulators expected to grow at a CAGR of 3.77% over the forecast period
2.3.6 Market size of maintenance simulators expected to decline over the forecast period
2.4 Demand Drivers and Growth Stimulators
2.4.1 Defense budget cuts and the cost effectiveness offered by military simulators driving demand
2.4.2 Modernization initiatives to spur demand for military simulators and virtual training programs
2.4.3 Environmental issues prompting a shift from real to virtual training
2.5 Defense Budget Expenditure Review
2.5.1 European capital expenditure expected to increase over the forecast period
2.5.2 Asian defense budgets expected to increase at a robust pace
2.5.3 North American defense expenditure projected to decline marginally over the forecast period
2.5.4 Modernization programs projected to drive defense expenditure in South American countries
2.5.5 Military budgets of African countries expected to increase over the forecast period
2.5.6 Defense budgets of Middle Eastern countries projected to increase over the forecast period
2.6 Defense Modernization Review
2.6.1 Financial constraints causing delays in European defense modernization programs
2.6.2 Defense budgets of Asian countries projected to be driven by competitive arms acquisitions
2.6.3 Global financial crisis leading to defense budget cuts in the North American region
2.6.4 Need to replace aging equipment driving South American defense expenditure
2.6.5 Security threats increasing the defense budget of African countries
2.6.6 Demand for air defense systems is projected to increase in the Middle East

3 Appendix
3.1 Methodology
3.2 Contact Us
3.3 About ICD Research
3.4 Disclaimer