Constraints related to civil aviation and military training and simulation industry
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.
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