PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Need for Joint Training Programmes Boosts European Military Synthetic Training & Simulation Markets - Frost & Sullivan finds that the European Military Synthetic Training and Simulation Markets earned revenues of $1.1 billion in 2006 and estimates this to reach $1.8 billion in 2015
Need for Joint Training Programmes Boosts European Military Synthetic Training & Simulation Markets

 

NewswireToday - /newswire/ - London, United Kingdom, 2007/03/27 - Frost & Sullivan finds that the European Military Synthetic Training and Simulation Markets earned revenues of $1.1 billion in 2006 and estimates this to reach $1.8 billion in 2015.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The need for joint military training exercises allied with benefits of time and cost efficiencies are boosting the European markets for military synthetic training and simulation. As the market expands, new entrants are increasingly entering the fray and intensifying competition.

Frost & Sullivan (defence.frost.com) finds that the European Military Synthetic Training and Simulation Markets earned revenues of $1.1 billion in 2006 and estimates this to reach $1.8 billion in 2015.

"As European countries increase cooperation in joint military training programmes to promote improved training efficiency and cost reductions in net-centric warfare (NCW) environments, the markets for military synthetic training and simulation will expand, " explains Frost & Sullivan Research Analyst Marie-France Mann. "The switch to joint training will mean that a series of networked simulation devices will need to be procured even as current systems will have to be upgraded, networked or replaced."

Besides, despite procurement costs, European militaries are likely to acknowledge the time and cost efficiency benefits offered by simulated training equipment. Operation and maintenance expenditures incurred while using simulated training devices for military training purposes are significantly lower than that incurred using actual military equipment.

"Time efficiency is also an important factor as more training can be imparted on simulators compared to actual systems," adds Ms. Mann. "In terms of personnel safety, simulation helps avoid injuries and accidents that can occur during actual training."

Despite the optimistic scenario, contracts are decreasing in number. This situation is compelling subcontractors to win at least a segment of these contracts in order to survive and avoid exiting the market altogether. Also, as the number of participants increases, competition is intensifying and the market is becoming fragmented placing tremendous pressure on small- and medium-sized contractors.

"Manufacturers must aim to design open and highly interoperable architectures to meet next generation synthetic training requirements necessitated by joint training programmes," advises Ms. Mann. "Being proactive on design, delivery and service capabilities together with a focus on innovation will be key to achieving product differentiation and market success."

If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the latest analysis of the Military Synthetic Training and Simulation Markets in Europe, then send an e-mail to Srividhya Parthasarathy, Corporate Communications, at sparthasarathy[.]frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. We will send you the information via email upon receipt of the above information.

Military Synthetic Training and Simulation Markets in Europe is part of the Aerospace and Defence Subscription. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are also available.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

List of key industry participants: QinetiQ, Thales France, Thales UK - T and S, CAE, KONSGBERG, SAIC, Ruag, Concurrent, BAE SYSTEMS, DASSAULT AVIATION, Boeing, Giat Industries, EADS, Lockheed Martin, L3 Communications, Barco, Agusta Westland, X Sens, Pennwell, Quantum 3D, BlueRidge Simulation, SAAB, Meggitt, Sagem Defense Securite, Military Training ans Simulation News, RS Real Simulator, Simotron, KMW, BVR Systems, 3d Perception.


List of key words in this press release: military training, European markets for synthetic military training and simulation, military, Europe, markets, synthetic military training and simulation, simulation, joint military training programmes, NCW, net-centric warfare, networked simulation devices, European militaries, simulated training equipment, simulators

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Military/Defense/Homeland Security articles,
CATCH Visitors via Your Competitors Announcements!


Need for Joint Training Programmes Boosts European Military Synthetic Training & Simulation Markets

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Srividhya Parthasarathy 
+91-44-42044668 sparthasarathy[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Military/Defense/Homeland Security via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Military/Defense/Homeland Security Most Recent Related Newswires:

Naval Group Delivers the First Gowind®2500 Corvette, ENS ELFATEH, to the Egyptian Navy
Leonardo and Thales to Demonstrate their Next Generation Threat Warner and Directed Infra-Red Counter Measure Protection System with the UK MoD
Leonardo Teams with Discovery Air Defence and Inzpire to Deliver a Solution for Air Support to Defence Operational Training Programme
Thales Invests in Two New UK-based Trials and Training Centres for Autonomous Systems
Leonardo - Major Presence At the World's Leading Defence and Security Exhibition DSEI, Opening Tomorrow in London
Modern Integrated Soldiers - Thales Group Unveils New Generation Assault Rifle F90MBR
Army Re-Ups with IBM for $135 Million in Cloud Services
U.S. DoD Budget Assessment Recognizes a New Administration with New Priorities Finds Frost & Sullivan
Royal Canadian Navy Taps Thales for In-Service Support for up to 35 Years
OPTSAT-3000 Earth Observation Satellite for Italy's Ministry of Defence is Ready to be Launched
Norwegian Police Directorate Chooses AW169 as their New Law Enforcement Helicopter
AW119Kx Helicopter to Provide Surveillance, Monitoring for New York City Department of Environmental Protection Police
New Contract Will See Leonardo Continue to Keep UK Typhoon Jets Protected from Threats
Geopolitical Factors Drive Growth of Global Airborne Maritime Surveillance Aircraft Market Finds Frost & Sullivan
Leonardo DRS Completes Acquisition of Daylight Solutions

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow Ltd

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)