United States DoD Training and Simulation Market 2015-2019 with General Dynamics, L-3 LINK Simulation and Training, Lockheed Martin, Raytheon & SAAB Training USA Dominating

Nov 16, 2015, 12:10 ET from Research and Markets

DUBLIN, Nov. 16, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/4znxq9/dod_united) has announced the addition of the "DoD (United States) Training and Simulation Market 2015-2019" report to their offering.

The report forecasts the DoD (US) training and simulation market to decline at a CAGR of 0.14% over the period 2014-2019.

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.

Simulators have implemented Curved Cobra Display for flight simulators, which is already in use with the US military for joint terminal attack controllers (JTAC) training, tank simulation, flight simulation, and vehicle training. This highly portable, high-fidelity, and high-quality immersive screen is a major trend in military displays.

According to the report, UAVs are equipped with airframe, engine, autopilot, navigation system, sensor package, and a communication link to provide effective training and simulation services for army personnel. These vehicles are small in size and cost effective compared to manned aircraft for providing modernized, digital communication formats and ISR systems that are more secure and reliable.

Further, the report states that the initial investment for full-flight simulators is significant, and much of the cost is driven by aircraft OEMs' data package license fees, instruments, parts, and avionics. Between 1991 and 2006, the license cost increased by 260%, and the costs associated with maintenance and spare parts of the simulator are high.

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

For more information visit http://www.researchandmarkets.com/research/4znxq9/dod_united

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets