Press release
Operator Training Simulator Market: What are the Future Growth Opportunities? Top Plyers: ANDRITZ Automation, ARA, Aspen Technology, AVEVA, DNV GL, DuPont, EON Reality, ESI Group, FLSmidth, Honeywell, Schneider Electric, Siemens, Tecnatom
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 simulator market.
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Growth Drivers:
o Rising adoption in aerospace & defense sector
o Stringent government regulations to maintain safe and environmental compliant operations in North America
o High demand for skilled workforce in Europe
o Increased efforts to reduce accidents and improve plant operations in Asia Pacific and Latin American
o Rise in business expenses for training employees in MEA
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.
The key players covered in operator training simulator market study: -
1. ANDRITZ Automation
2. ARA
3. Aspen Technology
4. AVEVA
5. DNV GL
6. DuPont
7. EON Reality
8. ESI Group
9. FLSmidth
10. GSE Systems
11. Honeywell
12. Immerse
13. Schneider Electric
14. Siemens
15. Tecnatom
16. Trax Technologies
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.
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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 operator training simulator 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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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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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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