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Operator Training Simulator (OTS) Market Research Outlook

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Operator Training Simulation (OTS) is virtual-based training mechanism, which uses a computer program to model the time-varying behaviour of a system. OTS systems were first deployed to train pilots on aeroplane simulators. Driven by the progress of OTS, training centers are using it to train, qualify, and educate personnel about machinery, operations of the plant, machine handling and managing abnormality during process manufacturing. OTS is now extensively used by process manufactures including Chemicals, Oil & Gas, Electric Power, and such others. In process plants, OTS is used to train staff not only in handling controls and processes but also handling abrupt disruptions in the plant.

The market for operator training simulator is expanding rapidly driven by lack of talent pool, retiring of experienced workforce, increasing safety incidents, and emergence of millennial workforce requiring advance training methods for effective training.

According to Quadrant Knowledge Solutions latest research on “Operator Training Simulators (OTS) Market Outlook“, the market is expected to grow at a CAGR of 10.6% during 2016-2020. According to research findings, 3D visualisation and immersive virtual-reality based OTS systems is expected to find significant adoption during the forecasted years. While high cost for virtual-reality based systems is still a major inhibiting factor, the increased benefits in terms of faster learning and retention is expected to drive the market.

Press Release: http://quadrant-solutions.com/quadrant-research-announces-operator-training-simulator-ots-market-outlook-study/

Strategic Insights – Operator Training Simulator (OTS) Market

This research services address key strategic questions, such as

  • What are the short-term and long-term growth opportunities in operator training simulator (OTS) and immersive training simulators (ITS) market and its segments?
  • What are the major factors driving and inhibiting the market growth?
  • Which regions and countries offer the maximum growth opportunities?
  • How are the market positioning of the leading suppliers?
  • What are the key strategic issues of the market with a technology users and suppliers perspective?
  • What are the major trends that are influencing the market growth and technology development?

Table of Contents – Operator Training Simulator (OTS) Market

Executive Overview

  • Key Findings
  • Market Characteristics and Analysis

Scope

  • Market Definition
  • Segmentation
  • Research Scope
  • Currency Exchange Rates
  • Market Size and Forecast Definition

Drivers & Restraints

  • Key Factors Driving the Market Growth
  • Key Factors Restraining the Market Growth

Market Size and Forecast Analysis

  • Market Forecast Analysis – Total Market
  • Market Forecast by Revenue Type
    • Software
    • Services
  • Market Forecast by Regions
    • North America
    • Europe, Middle East and Africa
    • Asia
    • Latin America
  • Market Forecast by OTS Software Type
    • Generic
    • Dynamic High Fidelity
    • 3D Immersive High Fidelity
  • Market Forecast by Industry Verticals
    • Chemicals & Petrochemicals
    • Nuclear Power Generation
    • Thermal Power Generation
    • Oil & Gas
    • Refining
    • Metals & Mining
    • Others

Market Share and Competitive Analysis

  • Market Share Analysis
    • Leading Suppliers of Operator Training SImulators (OTS)
    • Market Share Analysis
    • Competitive Assessment
    • Leading Supplier Analysis
  • Market Share by Revenue Type
    • Software
    • Services
  • Market Share by Regions
    • North America
    • Europe, Middle East and Africa
    • Asia
    • Latin America
  • Market Share Analysis by OTS Software Type
    • Generic
    • Dynamic High Fidelity
    • 3D Immersive High Fidelity
  • Market Share Analysis by Industry Verticals
    • Chemicals & Petrochemicals
    • Nuclear Power Generation
    • Thermal Power Generation
    • Oil & Gas
    • Refining
    • Metals & Mining
    • Others

Strategic Technology and Market Trends 

About Quadrant Knowledge Solutions

Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business, and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as strategic knowledge partner. Our research and consulting deliverable is designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environment.

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