- In December 2022, Lockheed Martin Corporation, listed on LMT, and Sintavia, LLC announced a collaboration to explore the potential of metal additive manufacturing (AM) as an alternative to castings and forgings. This partnership aims to improve supply chain efficiency and produce more detailed parts with greater design flexibility, including technologies such as friction stir AM, electron beam-directed energy deposition, and laser powder bed fusion
- In July 2022, Simultec Magurele, a Romanian subsidiary of Israeli defense electronics company Elbit Systems, announced plans to provide flight simulators for the Asia-Pacific region. These simulators will be used for the Blackhawk S-70i and Bell 412EP helicopters
- In November 2021, Cubic Corporation introduced its NextAdvantage portfolio of Live, Virtual, and Constructive (LVC) training solutions at the Interservice/Industry Training, Simulation, and Education Conference
- In April 2020, Saab AB entered into a three-year agreement with the U.K. Ministry of Defence to provide ongoing support and services for the Direct Fire Weapon Effects Simulator (DFWES) capability
- In February 2020, Rheinmetall AG signed a contract with the German Army to deliver AGDUS laser duel simulators for the Puma Infantry Fighting Vehicle (IFV)
Frequently Asked Questions
The market is segmented based on Global Live Laser-Based Training and Simulation Platforms Market Segmentation, By Component (Hardware and Software), Application (Flight Simulation, Battlefield Simulation and Defense, Medic Training, Vehicle Simulation, Airborne Simulation, Naval Simulation, and Ground Simulation), End User (Defense Security, Civil Aviation, Education, E-Learning, Game-Based Learning, and Entertainment) - Industry Trends and Forecast to 2032
.
The Global Live Laser Based Training And Simulation Platforms Market size was valued at USD 13.54 USD Billion in 2024.
The Global Live Laser Based Training And Simulation Platforms Market is projected to grow at a CAGR of 4.2% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
