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For those who are unfamiliar, major market constraints are lack of simulators for complex systems; growing adoption of gaming technology and presence of several private players in the market. Mergers and acquisition is seen to be the most prevailing trend in the market.
According to Research and Markets, the aerospace and military training & simulation market has recorded several mergers and acquisitions in the past year, despite continued uncertainty in the market caused by sequestration.
Among leading companies operating in the segment, we have CAE, L-3 Simulation & Training, Rockwell Collins and FlightSafety International Inc.