DoD (United States) Training and Simulation Market 2015-2019

Nov 11, 2015, 16:58 ET from Reportlinker

NEW YORK, Nov. 11, 2015 /PRNewswire/ --

About DoD (US) training and simulation
Training and simulation help improve the agility of the soldiers and the defense personnel, making them battle ready. As a result, the defense authorities widely invest on attaining cheaper and effective training solutions. As the live training programs are expensive and logistically difficult, the countries worldwide are focusing on simulators, which are affordable as compared to any other form of training. The US Department of Defense (DoD) training and simulation is classified into three applications: the US Army, the US Air Force (USAF) and the US Navy. Military training and simulation provide the soldiers, civilians, and leaders with the development, training, ability, and education necessary to carry out missions of the US Armed Forces. The US DoD is taking significant cost-cutting initiatives across its military to cope with their fiscal concerns. The US DoD is currently focussed on attaining cheaper and efficient solutions for their training requirements.

Technavio's analysts forecast the DoD (US) training and simulation market to decline at a CAGR of 0.14% over the period 2014-2019.

Covered in this report
The report provides a comprehensive overview of the market shares and market segmentation by application. It also presents the market landscape and a corresponding analysis of the five major vendors in the market.

In addition, the report discusses the primary drivers influencing the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key vendors
- General Dynamics
- L-3 LINK Simulation and Training
- Lockheed Martin
- Raytheon
- SAAB Training USA

Other prominent vendors
- CAE
- Kratos Defense and Security Solutions
- Rockwell Collins
- Teledyne Brown Engineering
- Thales

Key market driver
- Increase in number of military training aircraft
- For a full, detailed list, view our report

Key market challenge
- Defense budget cuts
- For a full, detailed list, view our report

Key market trend
- Emergence of training through mobile devices and smartphones
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Read the full report: http://www.reportlinker.com/p03375993-summary/view-report.html

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