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What’s Driving the Operator Training Simulator Market Trends? | Key Players ANDRITZ Automation, ARA, Aspen Technology, AVEVA, DNV GL, DuPont, ESI Group, FLSmidth, Tecnatom, Trax Technologies

06-28-2019 10:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

What’s Driving the Operator Training Simulator Market

Operator Training Simulator Market is expected to exceed USD 20 billion by 2025. The ongoing technological advancements and the growing demand for skilled workforce will drive industry growth. These systems help in training the workforce with accurate simulation models of the plant, providing workers with in-depth process analysis of the plant, which will help to reduce hazardous accidents. The safe & efficient operations in the plant will benefit workers and increase the overall profitability of the company. In the Department of Energy (DOE), the Chemical Safety Committee reported that on an average, one accident per day occurs in the U.S. manufacturing plants with an estimated cost of over USD 2 million per incident. Such factors are increasing the adoption of simulators in several industries for providing effective training to workforce to reduce the risk-causing factors, positively impacting the operator training simulator market.

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The key players covered in this operator training simulator market
• ANDRITZ Automation
• ARA
• Aspen Technology
• AVEVA
• DNV GL
• DuPont
• EON Reality
• ESI Group
• FLSmidth
• GSE Systems
• Honeywell
• HyperionRSI Simulation + LinkedIn - Google Search
• Immerse
• Schneider Electric
• Siemens
• Tecnatom
• Trax Technologies

Some Points From Table Of Content: -
Chapter 3. Operator Training Simulator Market Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 – 2025
3.3. Industry ecosystem analysis
3.3.1. Technology providers
3.3.2. System integrators
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. Exoskeleton
3.4.2. Haptic technology
3.4.3. Head Mounted Displays (HMDs)
3.4.4. High-fidelity operator training simulator
3.5. Regulatory landscape
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Rising adoption in aerospace & defense sector
3.6.1.2. Stringent government regulations to maintain safe and environmental compliant operations in North America
3.6.1.3. High demand for skilled workforce in Europe
3.6.1.4. Increased efforts to reduce accidents and improve plant operations in Asia Pacific and Latin American
3.6.1.5. Rise in business expenses for training employees in MEA
3.6.2. Industry pitfalls & challenges
3.6.2.1. Interoperability concerns
3.6.2.2. High cost of implementation
3.7. Growth potential analysis

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The revenue graph of operator training simulator market is projected to foresee exponential growth owing to the continuous improvement in these products and rising emphasis on recruiting skilled workforce. Skill development helps to enhance productivity, safety, profitability, controllability, and stability of the enterprise operations. The increasing focus to reduce injuries and fatalities to maintain safe operations across various business verticals is expected to aid the operator training simulator market growth.

In the operator training simulator market, the simulator-based training is predicted to witness a high demand from several applications in industrial & commercial sectors. In the healthcare sector, the adoption of computer-based training solutions is growing rapidly. The training process of healthcare professionals is a complex & multidimensional process. The medical simulation offers various potential strategies for comprehensive & practical training and for safer patient care. This training also provides instant information to healthcare professionals about major errors or complications during practice sessions. It provides a unique learner-centered educational experience to healthcare trainees and helps them to acquire complex clinical skills and patient care expertise. Such factors are positively impacting the operator training simulator market growth.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/operator-training-simulator-market

The Asia Pacific operator training simulator market will expand at a rapid pace over the coming years due to the growing demand for highly-skilled workforce and the adoption of virtual training to ensure the safety of trainees and cost-effectiveness in oil & gas, aerospace & defense, mining, healthcare, and chemical sectors. The increased adoption of advanced technologies, such as the IoT and automated process, in China, India, Japan, Indonesia, and Singapore has reduced the number of plant accidents. Maintaining the safety of environments for operators remains a major concern for industries. These systems help in creating a framework that allows companies to methodically produce safety training for workforce.

Contact us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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