Figure 1. Research Method Flow Chart 9
Figure 2. Breakdown of Primary Research 11
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2027 15
Figure 5. North America Virtual Training and Simulation Market, 2017-2027, $ mn 17
Figure 6. Impact of COVID-19 on Business 20
Figure 7. Primary Drivers and Impact Factors of North America Virtual Training and Simulation Market 22
Figure 8. Primary Restraints and Impact Factors of North America Virtual Training and Simulation Market 25
Figure 9. Investment Opportunity Analysis 29
Figure 10. Porter’s Fiver Forces Analysis of North America Virtual Training and Simulation Market 32
Figure 11. Breakdown of North America Virtual Training and Simulation Market by Component, 2020-2027, % of Revenue 36
Figure 12. Contribution to North America 2021-2027 Cumulative Revenue by Component, Value ($ mn) and Share (%) 37
Figure 13. North America Virtual Training and Simulation Market: Hardware, 2017-2027, $ mn 38
Figure 14. North America Virtual Training and Simulation Market: Headsets, 2017-2027, $ mn 40
Figure 15. North America Virtual Training and Simulation Market: Combat Tools, 2017-2027, $ mn 41
Figure 16. North America Virtual Training and Simulation Market: Hand Gloves, 2017-2027, $ mn 42
Figure 17. North America Virtual Training and Simulation Market: Hearing Aids, 2017-2027, $ mn 43
Figure 18. North America Virtual Training and Simulation Market: Mannequins, 2017-2027, $ mn 44
Figure 19. North America Virtual Training and Simulation Market: Gaming Consoles, 2017-2027, $ mn 45
Figure 20. North America Virtual Training and Simulation Market: Other Hardware, 2017-2027, $ mn 46
Figure 21. North America Virtual Training and Simulation Market: Software & Service, 2017-2027, $ mn 47
Figure 22. Breakdown of North America Virtual Training and Simulation Market by Product Type, 2020-2027, % of Revenue 48
Figure 23. Contribution to North America 2021-2027 Cumulative Revenue by Product Type, Value ($ mn) and Share (%) 49
Figure 24. North America Virtual Training and Simulation Market: Conventional Virtual Training, 2017-2027, $ mn 50
Figure 25. North America Virtual Training and Simulation Market: Virtual Reality Based Training, 2017-2027, $ mn 51
Figure 26. Breakdown of North America Virtual Training and Simulation Market by End User, 2020-2027, % of Revenue 53
Figure 27. Contribution to North America 2021-2027 Cumulative Revenue by End User, Value ($ mn) and Share (%) 53
Figure 28. North America Virtual Training and Simulation Market: Education, 2017-2027, $ mn 54
Figure 29. North America Virtual Training and Simulation Market: Entertainment, 2017-2027, $ mn 55
Figure 30. North America Virtual Training and Simulation Market: Defense & Security, 2017-2027, $ mn 56
Figure 31. North America Virtual Training and Simulation Market: Civil Aviation, 2017-2027, $ mn 57
Figure 32. North America Virtual Training and Simulation Market: Healthcare & Medical Industry, 2017-2027, $ mn 58
Figure 33. North America Virtual Training and Simulation Market: Other End Users, 2017-2027, $ mn 59
Figure 34. Breakdown of North America Virtual Training and Simulation Market by Country, 2020 and 2027, % of Revenue 61
Figure 35. Contribution to North America 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 62
Figure 36. U.S. Virtual Training and Simulation Market, 2017-2027, $ mn 64
Figure 37. Canada Virtual Training and Simulation Market, 2017-2027, $ mn 66
Figure 38. Virtual Training and Simulation Market in Mexico, 2017-2027, $ mn 68
Figure 39. Growth Stage of North America Virtual Training and Simulation Industry over the Forecast Period 70
North America virtual training and simulation market is expected to grow by 13.7% annually in the forecast period and reach $183.5 billion by 2027 driven by the growing awareness, cost-effective benefits of virtual training and simulation, and rising applications across industry verticals. Highlighted with 23 tables and 39 figures, this 87-page report “North America Virtual Training and Simulation Market 2020-2027 by Component (Hardware, Software), Product Type (Conventional, VR), End User (Education, Entertainment, Defense & Security, Healthcare), and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire North America virtual training and simulation market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America virtual training and simulation market in every aspect of the classification from perspectives of Component, Product Type, End User, and Country. Based on Component, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section. • Hardware o Headsets o Combat Tools o Hand Gloves o Hearing Aids o Mannequins o Gaming Consoles o Other Hardware • Software & Service Based on Product Type, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section. • Conventional Virtual Training • Virtual Reality Based Training Based on End User, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section. • Education o e-Learning o Game-based Learning • Entertainment • Defense & Security o Air-Borne Defence & Security o Naval Defence & Security o Ground Defence & Security • Civil Aviation • Healthcare & Medical Industry • Other End Users Geographically, the following national/local markets are fully investigated: • U.S. • Canada • Mexico For each key country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of key national markets by Component, Product Type, and End User over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Key Players (this may not be a complete list and extra companies can be added upon request): ANSYS, Inc. BAE Systems CAE Inc. Cubic Corporation Kratos Defence & Security Solutions, Inc. L-3 Link Simulation & Training Laerdal Medical Corporation Lockheed Martin Corporation ON24, Inc. QinetiQ Group PLC Saab AB The DiSTI Corporation (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
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