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Operator Training Simulator Market Trends

Report ID: GMI1285
Published Date: Dec 2023
Report Format: PDF

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Operator Training Simulator Market Trends

Collaborative training environments could be an emerging trend that may strengthen the r market forecast. Simulators that support collaborative training exercises, where multiple operators can interact in the same virtual environment, are expected to gain traction. This trend enhances teamwork and communication skills among operators.

Citing an example, in June 2022, Schneider Electric and ETAP collaborated to integrate ETAP Power System Monitoring & Simulation (PSMS) and ETAP Operator Training Simulator (eOTS) with EcoStruxure Power Operation. This integration enables predictive analysis and model-driven power system training for operators and engineers. Through continuous real-time connectivity, EcoStruxure Power Operation systems can interface with ETAP Electrical Digital Twin. This connection empowers operators to comprehend power system behavior in diverse scenarios, allowing the design and validation of new operating procedures via the standard EcoStruxure Power Operation human-machine interface without risk to actual operations.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of operator training simulator was worth USD 13 billion in 2023 and is expected to register over 12% CAGR from 2024 to 2032, due to the escalating demand for a highly skilled workforce across industries worldwide.

The aerospace and defense end-user segment held 24% share of the operator training simulator industry in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, owing to their increasing reliance on operator training simulators to bolster preparedness and proficiency.

North America held over 36% share of the operator training simulator industry in 2023 due to the presence of a robust industrial landscape along with a spanning energy, manufacturing, and transportation sector, necessitating skilled operators in the region.

Schneider Electric SE, Andritz Automation, Aveva Group PLC, FLSmidth, AspenTech, Applied Research Associate, Inc., Tecnatom, Siemens AG, ABB Group, and Yokogawa Electric Corporation, are some of the major operator training simulator companies worldwide.