Growth Opportunities in the European Defense Training and Simulation Market

Virtual Training and Joint Environments Drive Transformational Growth

In this research service, the publisher overviews the European defense training and simulation (T&S) market, highlighting key growth drivers, restraints, and opportunities. As regional conflicts continue, T&S reinforces its role as a key asset to keep European militaries strong against adversaries.

This study examines current market trends, identifies key original equipment manufacturers and companies to watch, and offers insights into T&S projects and contracts. Additionally, it explores the role of T&S in the regional military landscape and technology trends sparking innovation in the industry.

The United States plans to reduce military aid to Europe, leading to calls for North Atlantic Treaty Organization (NATO) members to increase defense spending beyond the usual 2% of their Growth Domestic Product (GDP). While the European defense industry has worked toward self-sufficiency, funding for procurement and training may decline. In response, European defense departments are turning to commercial off-the-shelf technology, which can be quickly adapted from sectors like healthcare and mobility. This shift allows for faster acquisition and shorter delivery timelines, aiding market growth.