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Research and Markets (http://www.researchandmarkets.com/research/d3f968/indian_air_trainin)
has announced the addition of Frost & Sullivan's new report "Indian
Air Training and Simulation Market Assessment" to their offering.
The air training and simulation market in India is in a growing stage.
The major participants operating in the market are CAE-Macmet, Thales,
Hindustan Aeronautics Limited (HAL), BAe Systems and Rheinmetall. There
are other smaller companies operating in this market along with a number
of software companies that cater to the software requirements of
simulators. Simulators are available for different types of combat
aircrafts, helicopters, general purpose and transport aircrafts. The
market for computerised wargaming and live training by non-state
participants is yet to emerge.
Research Overview:
This Frost & Sullivan research service titled Indian
Air Training and Simulation Market Assessment provides overview of
the total Indian air training and simulation market in India. It
provides an in-depth examination of the top three competitors in
addition to tracking the progress of other market participants.
This analysis is available through our Defence Growth Partnership
Services programme. With continuous access to intelligence and resources
from all seven perspectives of the Complex Business Universe, the Growth
Partnership Services programme ensures that you and your Growth Team are
able to maintain a 360 Degree Perspective of the market. This
comprehensive, objective information allows your company to mitigate
risk, identify new opportunities, and drive effective strategies for
growth. For more information on this custom subscription service, please
click here.
Market Overview:
Armed Forces Modernisation Programme to Create Growth Opportunities in
Indian Air Training and Simulation Market
The air training and simulation market in India is at a growth stage and
is set for a compound annual growth rate (CAGR) of 6.5 per cent from
2009 to 2017. The market will experience steady expansion as a result of
the modernisation programme of the Indian armed forces, providing more
opportunities to overseas as well as private participants. Policies for
FDI and private sector participation will be more favourable over the
long term. To gain greater market share, companies should design easily
upgradeable and interoperable simulators.
"Currently, cost/safety/time benefits, coupled with the modernisation
programme of the Indian Armed Forces, are the two most important factors
driving this market," notes the analyst of this research. "These factors
will continue to be the most important drivers for the market over the
long term." The need for cost savings in terms of original equipment
wear and tear, fuel, man-hours and soldier safety during training will
boost market prospects. Moreover, the need for training arising as a
result of the procurement of new military equipment under the
modernisation programme of the Indian Armed Forces will have a
significant impact on this market.
With the Indian Armed Forces' requirement of no cost-no commitment
trials on full-fledged simulators for technical evaluation and the
lowest price preference, the biggest challenge is to manufacture
low-cost, yet technologically advanced simulators.
"For overseas as well as indigenous companies, strategic alliances like
joint ventures, memorandum of understandings/agreements, offset
partnership are very significant," advises the analyst. "Choosing the
right company to forge an alliance with in terms of technical know-how,
local market knowledge, brand image and past relations with the Indian
military and paramilitary forces will be a vital success factor." Indian
software companies will also have a major role to play in this market.
Their role will be as partners in designing and supplying software for
simulators.
Key Topics Covered:
Executive Summary
Market Engineering Research Methodology
Market Segmentation
Industry Challenges, Market Drivers and Market Restraints
Market Forecasts
Market Analysis
Indian Armed Forces Projects and Procurement Scene
Strategic Conclusions and Recommendations
For more information visit http://www.researchandmarkets.com/research/d3f968/indian_air_trainin
Contact:Laura WoodSenior Managerpress@researchandmarkets.comFax
from USA: 646-607-1907Fax from rest of the world: +353-1-481-1716
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