Press release
operator training simulator market in Asia Pacific Region is Expected to expand at a rapid pace By 2025
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.Key Players;
• Andritz Group
• DuPont Inc.
• ESI Group
• FLSmidth & Co. A/S
• Yokogawa Electric Corporation
• Siemens AG
• Schneider Electric SE
• HyperionRSI Simulation
• Honeywell International Inc
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.
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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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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.
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3. Operator Training Simulator Industry 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
The technology is widely-used in large-scale projects for ensuring the safety of the field & control room operator in a plant. Industries are using virtual systems that integrate simulation with Virtual Reality (VR-OTS) for providing effective training with a sense of real environment, boosting operator training simulator market growth. The 3D simulation connects control room operators to field & maintenance operators, providing them a 3D virtual view of the entire plant, improving safety and enabling operators to perform tasks in a simulated environment.
The key players operating in the operator training simulator market include ABB Group, FLSmidth & Co. A/S, Immerse Learning, Applied Research Associate, Inc., Honeywell International, Inc., Siemens AG, and Schneider Electric SE, among others. These companies are engaged in the manufacturing of advanced systems for training operators to work in high-fidelity, 2D or 3D virtual environments.
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