Technology

Police And Military Simulation Training Market size is set to grow by USD 5.38 billion from 2024-2028, cost-effective virtual training boost the market, Technavio

Published

3 months ago

June 19, 2024

NEW YORK, June 19, 2024 /PRNewswire/ — The global police and military simulation training market size is estimated to grow by USD 5.38 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.78% during the forecast period. Cost-effective virtual training is driving market growth, with a trend towards education via ste. However, high investments required for simulation systems poses a challenge. Key market players include Arotech, Ascent Flight Training Holdings, BAE Systems Plc, Berkshire Hathaway Inc., Bohemia Interactive Simulations ks, Cubic Corp., General Dynamics Mission Systems Inc., H SIM, Indra Sistemas SA, Israel Aerospace Industries Ltd., Kratos Defense and Security Solutions Inc., L3Harris Technologies Inc., Lockheed Martin Corp., Meggitt Plc, Northrop Grumman Corp., RTX Corp., Rheinmetall AG, Saab AB, and Virtra Inc.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Police And Military Simulation Training Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.78%

Market growth 2024-2028

USD 5383.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.23

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 42%

Key countries

US, UK, China, Germany, and Canada

Key companies profiled

Arotech, Ascent Flight Training Holdings, BAE Systems Plc, Berkshire Hathaway Inc., Bohemia Interactive Simulations ks, Cubic Corp., General Dynamics Mission Systems Inc., H SIM, Indra Sistemas SA, Israel Aerospace Industries Ltd., Kratos Defense and Security Solutions Inc., L3Harris Technologies Inc., Lockheed Martin Corp., Meggitt Plc, Northrop Grumman Corp., RTX Corp., Rheinmetall AG, Saab AB, and Virtra Inc

Market Driver

The Police and Military Simulation Training Market is experiencing significant growth due to advanced technologies like STE and Dynamic Synthetic Environments (DSE). STE offers combined-arms training by replicating various platforms and complex operating environments, enhancing cognitive, physical, and social elements. DSE, built on the Open Geospatial Consortium Common Database, provides a constantly changing and evolving synthetic environment for military personnel to acquire essential skills. Real-time database modifications based on trainee actions make these simulations more accurate and realistic, fueling market growth.

The simulation training market for police and military is experiencing significant growth. This market includes products for tactical training, digital simulation, and practical exercises. Trends in this sector include the use of virtual reality and artificial intelligence. These technologies enable more realistic and effective training scenarios. Comprehensive training programs cover various areas such as communication, marksmanship, and crisis management. Companies offer customizable solutions to meet specific client needs. The ultimate goal is to prepare professionals for real-life situations, ensuring public safety and security.

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Market Challenges

The police and military simulation training market has experienced cost reduction due to COTS and SWaP requirements. However, high operational costs persist, including installation expenses for space, infrastructure, personnel, and maintenance. These training academies, often located in urban areas, incur additional costs from trainee movement. Simulator units, especially military ones, are expensive, totaling a few million dollars, and certification costs add to the expense. Collectively, these high costs may hinder market growth during the forecast period.The Police and Military Simulation Training market faces several challenges. These include the need for advanced technology in creating realistic training environments, ensuring effective communication and coordination between teams, and providing comprehensive training programs that cover various scenarios. Additionally, budget constraints and the need for continuous updates to keep up with emerging threats require innovative solutions. The use of virtual and augmented reality technologies, cloud-based platforms, and artificial intelligence are some potential ways to address these challenges and enhance the overall effectiveness of simulation training.

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Segment Overview

This police and military simulation training market report extensively covers market segmentation by

Product 1.1 Flight1.2 Combat1.3 MaritimeApplication 2.1 Air2.2 Naval2.3 GroundGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Flight- The global police and military simulation training market is experiencing growth due to increasing procurement of new and upgraded aircraft. Flight simulators, a key component of this market, provide pilots with realistic training experiences. These simulators come in two types: full-flight and flight simulation training devices. Full-flight simulators replicate an airplane cockpit, while FSTDs mimic the cockpit controls. Training in these simulators enhances pilots’ skills and keeps them updated with advanced technologies. Major military aircraft deals are driving market expansion, making it a significant investment area for countries looking to modernize their aviation sectors.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Police and Military Simulation Training market encompasses the development and deployment of applications for serving various sectors. This market caters to commercial needs, particularly in the areas of aviation and land segments. Product pricing is a crucial factor, as is understanding buying behavior in these sectors. Political and social scenarios significantly impact the market dynamics. System component providers play a vital role in supplying digital battlefield products, including virtual pilot training for unmanned aerial systems. Strict regulatory approvals are necessary for these applications, making the process challenging. Maintenance crew training is essential for military fleets, with education via STE (Science, Technology, Engineering) and advanced tools like 3D simulation and portable simulators. Upcoming trends include head-worn VR systems and promotions to boost market growth.

Market Research Overview

The Police and Military Simulation Training market encompasses the development, implementation, and delivery of training programs that utilize simulated environments to prepare personnel for real-world scenarios. These simulations can include various facets such as tactical operations, crisis management, digital forensics, and regulatory compliance. The benefits of simulation training are numerous, including cost savings, increased safety, and the ability to train in complex and dynamic situations that may be difficult or impossible to replicate in real life. The use of technology, such as virtual reality and artificial intelligence, further enhances the realism and effectiveness of these training programs. The global market for Police and Military Simulation Training is expected to grow significantly in the coming years due to increasing demand for advanced and immersive training solutions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductFlightCombatMaritimeApplicationAirNavalGroundGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

Technology

SK hynix Applies CXL Optimization Solution to Linux

Published

51 mins ago

September 23, 2024

HMSDK, a proprietary memory control solution lauded for its performance, is now available on Linux, the world’s largest open source operating systemHMSDK optimizes performance between heterogeneous memories, increasing bandwidth by 30% and performance by over 12%The company will foster the ecosystem by increasing software competitiveness as well as AI memory such as HBM

SEOUL, South Korea, Sept. 22, 2024 /PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) announced today that the key features of its Heterogeneous Memory Software Development Kit (HMSDK)1 are now available on Linux2, the world’s largest open source operating system.

1Heterogeneous Memory Software Development Kit (HMSDK): SK hynix’s proprietary software development kit. It enables effective memory control, improving the performance of heterogeneous memory systems such as CXL memory.

2Linux: An operating system developed in 1991 by Linus Torvalds that has since expanded to become the world’s largest open source operating system. Most operating systems for cloud systems and supercomputers, as well as smartphones, cars, and appliances, are built on Linux.

HMSDK is SK hynix’s proprietary software for optimizing the operation of Compute Express Link (CXL)3, which is gaining attention as a next-generation AI memory technology along with High Bandwidth Memory (HBM). Having received global recognition for HMSDK’s performance, SK hynix is now integrating it with Linux. This accomplishment marks a significant milestone for the company as it highlights the company’s competitiveness in software, adding to the recognition for its high-performance memory hardware such as HBM.

3Compute Express Link (CXL): A next-generation interface that efficiently connects CPU, GPU, memory, and other components in high-performance computing systems to support massive, ultra-fast computation. By applying CXL to existing memory modules, the capacity can be expanded by more than 10 times.

In the future, developers around the world working on Linux will be able to use SK hynix’s technology as the industry standard for CXL memory, putting the company in an advantageous position for global collaboration on next-generation memory.

SK hynix’s HMSDK enhances memory package’s bandwidth by over 30% without modifying existing applications. It achieves this by selectively allocating memory based on the bandwidth between existing memory and expanded CXL memory. Additionally, the software improves performance by more than 12% over conventional systems through optimization based on access frequency, a feature which relocates frequently accessed data to faster memory.

The semiconductor industry anticipates full commercialization of CXL in the second half of 2024, coinciding with the release of the first server CPUs featuring the “CXL 2.0” specification. In preparation for this, SK hynix is currently validating CXL 2.0 memory in 96 GB and 128 GB capacities with customers. The company plans to begin mass production by the end of the year.

“For the development and spread of AI systems such as large language models (LLMs), it is now necessary to significantly improve not only semiconductors but also the level of system applications to support them,” said Youngpyo Joo, Head of Software Solution at SK hynix. “With this Linux integration and collaboration, we will strive to improve our status as a total AI memory solutions provider by innovating technologies and expanding the ecosystem in this field.”

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top-tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”), flash memory chips (“NAND flash”), and CMOS Image Sensors (“CIS”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

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SOURCE SK hynix Inc.

Technology

TeraBox Is Set to Provide Premier Cloud Storage Solutions to Top Indonesian University Faculty and Students

Published

51 mins ago

September 23, 2024

Transforming Classrooms: TeraBox’s 1TB Free Cloud Storage Becomes Essential for Educators and Students

TOKYO, Sept. 23, 2024 /PRNewswire/ — TeraBox (“TeraBox” or “the Company”), a globally trusted cloud storage service headquartered in Tokyo, also a favored cloud storage solution among Indonesian users, held its first large-scale campus event at prominent Indonesian universities such as University Diponegoro, Universitas Indonesia, and Institut Teknologi Sepuluh Nopember. The company hosted numerous offline events, attracting interactions from more than 30,500 students and teachers, and handed out 85,000 flyers. Event videos posted on the universities’ official Instagram and YouTube accounts received tens of thousands of views. TeraBox looks forward to deepening its collaboration with academic institutions to offer innovative cloud storage solutions for students.

In an era where digital resources are integral to academic success, TeraBox is committed to becoming an essential tool for students, providing a secure and efficient way to save and share curriculum files and materials, simplifying file management. By offering a massive 1TB (1024GB) of free cloud storage space per account, TeraBox alleviates the challenges of managing extensive educational materials, such as e-books, digital textbooks, learning notes, and experimental data in the new semester to come. Furthermore, TeraBox enhances productivity by enabling students to engage in online assignments and collaborative projects, fostering sharing, collaboration, and communication among students and between students and teachers. TeraBox not only addresses issues related to insufficient memory on devices like smartphones and laptops, but also significantly boosts efficiency in data management in an environmentally friendly manner.

Understanding the need for seamless collaboration, TeraBox features user-friendly sharing options that allow students and faculties to create links with just one click. This facilitates easy sharing of multiple files simultaneously, which can greatly improve collaborative efforts among peers. Whether accessing files from mobile devices or desktops, students can manage their documents effortlessly anytime and anywhere. Feedback from offline surveys reveals that many users in Indonesia are impressed with TeraBox’s offering of 1TB (1024GB) of free storage space. This generous storage not only meets the needs of university students for sharing various social and lifestyle content but also eliminates the necessity of creating multiple accounts with other storage services to fulfill their storage requirements.

As of July 2024, TeraBox boasts over 320 million registered users worldwide, with more than 20 million active daily users across over 231 countries and regions. The platform ensures top-tier security by employing advanced measures such as TLS/SSL protocols, encryption algorithms, and access controls. TeraBox is accredited with ISO standards (ISO 27001/27701/27018) certifications to protect the safety of data storage and transmission. These technologies also guarantee the stored and transmitted information is safe through client-side endpoint encryption within a large-scale distributed system architecture.

About TeraBox

TeraBox, developed by Flextech Inc., is a globally trusted cloud storage app headquartered in Tokyo, Japan. With a focus on intelligent, efficient, and secure cloud storage, TeraBox is dedicated to providing users with innovative and user-friendly solutions for their data storage needs. Download the TeraBox App on Android, iOS, Linux, Mac, and Windows devices, or visit www.terabox.com for online access. To learn more about the fantastic Referral Program, please visit the provided site.

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SOURCE Flextech Inc.

Technology

Elmo Motion Control Exhibiting at Industrial Automation Show in Shanghai, China

Published

51 mins ago

September 23, 2024

Elmo brings live demonstrations to present the power of motion to Hall 5.1 in Booth E181.

PETAH TIKVA, Israel, Sept. 23, 2024 /PRNewswire/ — Elmo Motion Control, a global technology leader in motion control solutions, announces its participation at the annual IAS (Industrial Automation Show) exhibition at NECC in Shanghai, China, from September 24 to September 28. At the show, Elmo will display the Platinum line of servo drives, which include fully certified Functional Safety capabilities in small yet powerful packages, and conduct live demonstrations.

Elmo’s featured demonstrations will include an operating customer XYZT stage dynamic demo with four-axis movement controlled by a single multi-axis servo drive – the Platinum Quartet. Also on the floor will be a multi-axis gantry machine from our customer PBA Systems PTE Ltd and more. In addition, visitors can be the first in China to see the future of motion control – the next-generation motion controller with artificial intelligence readiness and a new line of multi-axis servo drives.

“We look forward to greeting visitors at this year’s show and presenting the latest Elmo products. On display throughout our booth is the future of motion control and the experience of seeing our multi-axis products in action. This year, we created an environment for machine developers to learn about advanced motion performance for any application in real-time,” stated Dr. Wayne Chen, Elmo China GM.

About Elmo Motion Control

Elmo has been a motion control technology leader for over 35 years, with millions of servo drives working 24/7 worldwide. Elmo offers complete motion control solutions from design to delivery of cutting-edge servo drives, network-based multi-axis motion controllers, and integrated servo motors. All solutions can be customized and configured using Elmo’s proprietary advanced and easy-to-use software tools for any machine in any industry, such as semiconductors, lasers, robots, life sciences, industrial automation, AGV, and more. The company employs more than 350 personnel with headquarters in Israel and offices in the United States, China, Germany, Italy, Korea, Singapore, and an additional manufacturing facility in Poland. Elmo has a worldwide distribution network. By advancing motion control with state-of-the-art technology, Elmo makes smart machines even smarter. As of 2022, Elmo is a Bosch Rexroth company.

For more information, visit www.elmomc.com or email marketing@elmomc.com.

Elmo Motion Control:
Robert Dugan, Marketing Manager at Elmo Motion Control
T: +972-(3)-929-2300 (ext. 368)
E: robertd@elmom.com

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SOURCE Elmo Motion Control, Ltd.