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What are the key factors driving operator training simulator market? | Key player are Aspen Technology, AVEVA, DNV GL, DuPont, ESI Group, FLSmidth, Honeywell, Schneider Electric, Siemens, Tecnatom

07-04-2019 07:34 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

operator training simulator market

operator training simulator market

The increasing penetration of robotic technology, especially within the industrial sector is slated to drive the global operator training simulator market over the coming years. According to a report by Global Market Insights, Inc., the operator training simulator market is anticipated to exceed $20 billion by 2025.

How is the product demand from the energy and power sector impacting industry outlook?
Currently, several countries, especially developed ones are engaging in grid modernization by replacing existing traditional central station grid designs with sustainable distributed power sources. Meanwhile, emerging economies are involved in constructing new power grids with an extensive range of distributed generation sources. This transformation in electric grids worldwide will fuel the adoption of simulators in the energy and power sector, thereby impelling the operator training simulators market.

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How will operator training simulator market perform in the healthcare sector?
Computer-based training solutions offer numerous potential strategies in the healthcare sector for comprehensive and practical training and better patient care. Moreover, through medical simulation, healthcare professionals can also attain instant information pertaining to major errors or complications during practice sessions. Such benefits would positively influence operator training simulator market growth from the healthcare industry.

Key Companies in Global Operator Training
Simulator Market: -

• ANDRITZ Automation
• Aspen Technology
• Designing Digitally, Inc.
• DuPont
• EON Reality
• ESI Group
• FLSmidth
• Honeywell

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Will advancements in VR technology boost industry outlook?

Operator training simulators are extensively used for large-scale VR projects to guarantee the safety of the field and control room operator within a plant. Businesses are using virtual reality systems that combine simulation with VR-OTS to deliver effective training with a sense of real environment. Technology like 3D simulations can facilitate a connection between control room operators and maintenance operators, offering them a 3D virtual view of the whole plant. Such advancements will further boost product demand.

What factors are anticipated to drive the Asia Pacific operator training simulator market?
The high penetration of virtual training to ensure cost-effectiveness and safety of trainees across multiple industries along with increasing demand for experienced workers will primarily drive market growth in the region. Additionally, acceptance of advanced technologies such as IoT and automation will further propel product demand in the Asia Pacific.

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Contact us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688

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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