In an emergency situation, there is no room for error, due to which people working in emergency circumstances need proper planning and training. Emergency management simulators are used to visualize, plan, and train in order to be prepared for natural and man-made disasters, resulting in high situational awareness. These simulators allow the trainees to train under stressful but safe environment, helps in cost reduction, and results in less property damage.
Increase in demand for preparedness in industries such as law enforcement and healthcare is one of the most important factors that is expected to fuel the market. On the other hand, growing number of terrorist attacks, and emergency situations across the globe have compelled the government to be prepared for these unforeseen situations, thus resulting in increased demand for emergency management simulators.
Emergency Management Simulator Market: Competitive Landscape
Tecknotrove Systems (I) pvt Ltd
Incorporated in 2002, Tecknotrove Systems (I) pvt Ltd is headquartered in Mumbai, India. The company designs and manufactures advanced training simulators for industries such as mining, airports, ports, defense, military, and transport & logistics. The company’s operations are spread over 16 countries across Asia, Europe, Africa, and America.
Pisys
Headquartered in Aberdeen, Scotland, Pisys was founded in 2003. The company offers emergency training simulators for various industries. Pisys provides emergency training simulators under operations training simulators. Other products offered by the company include directional drilling training simulator and pipeline integrity management.
Environmental Tectonics Corporation
ETC Simulation was founded in 1969. It is headquartered in Orlando, Florida, U.S. The company has an employee base of 280, and has operations in 90 countries across the globe. ETC Simulation provides engineered solutions, service, and support through two segments: Aerospace Solutions and Commercial/Industrial Systems.
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TSC Simulation
Headquartered in Nottingham, U.K., TSC Simulation supplies simulation products and solutions to clients in various industries including oil, gas, chemical, nuclear, and pharmaceutical process. The company’s portfolio includes simulation hardware, software, and support services.
Emergency Management Simulator Market: Dynamics
Use of Technologically Advanced Techniques for Simulations
Currently, the market players are making enormous efforts to introduce new technologies and techniques for simulation in order to make the simulation training more effective and realistic. Virtual reality (VR) techniques has been introduced to make the trainees prepared for real life situations in a better way. These factors are expected to drive the market growth to a great extent.