Companies Dominating the Military Simulation and Virtual Training Landscape
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Northrop Grumman Corporation
Thales Group
Cubic Corporation
CAE Inc.
Elbit Systems
Rockwell Collins Inc.
BAE Systems
Bohemia Interactive Simulations
Lockheed Martin Corporation
L3 Link Training & Simulation
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of military simulation and virtual training is evaluated at USD 14.47 billion.
Military Simulation and Virtual Training Market size was over USD 13.9 billion in 2024 and is poised to exceed USD 25.57 billion by 2037, witnessing over 4.8% CAGR during the forecast period i.e., between 2025-2037.
North America industry is predicted to hold largest revenue share by 2037, on account of favorable government initiatives and the availability of advanced military infrastructure in the region.
The major players in the market are Northrop Grumman Corporation, Thales Group, Cubic Corporation, CAE Inc., Elbit Systems, Rockwell Collins Inc., BAE Systems, Bohemia Interactive Simulations, Lockheed Martin Corporation, L3 Link Training & Simulation, and others.
