Global operator training simulators (OTS) market is expected to witness significant growth over the forecast period owing to increasing number of employees, aging workforce, safety and risk avoidance factors and new digital generation workers. Also, technological advancements in the development of simulators anticipate the demand for operator training simulators.
Demographics and demand for a new operator is a key factor facilitating the growth of operator training simulator market. Companies are losing on most of their most experienced workers but still continue to push operations. Operators with experience are difficult to acquire in today’s market scenario. All these factors are increasing the risks associated with operating a plant. Furthermore, rising government regulations to maintain safe and environmental compliant operations while working efficiently and profitably are estimated to be a major driver supporting the market growth.
Gaining knowledge to train the new generation worker is another key factor anticipating the demand for operator training simulator. The increasing base of new workers coupled with the inappropriate knowledge and experience of industry operations are forcing companies to build more durable training programs. The process of simulation training is important for preventing accidents and incidents and providing knowledge on how to respond to worst scenarios in real life. Dynamic simulation is estimated to be one of the most convenient and best training methods for operator retention. Through this method, operators can get up to date training in less time and are qualified with a high level of confidence so that they can respond to abnormal conditions and prevent possible disasters under stress.
The technological improvement and innovation also contribute to the market growth. In May 2015, ExxonMobil Research Qatar announced a global commercial license for immersive 3D operator training simulator technology to EON Reality Inc. The new technology integrates ultra-realistic, the multi-angel immersive virtual reality for training process operators in oil & gas production, processing and transportation facilities. This new and innovative technology help in the development of simulators which help in combining both dynamic process training and fully functional three-dimensional models. These complex models include 3D interactive objects such as push buttons and active gauges; rotating valves; enhanced 4D sensors consisting of odors, tactile feedback, wind simulation and vibration; and natural gestures & voice commands.
The simulator solutions are designed to train process operators in manufacturing companies and other industries for the quick and efficient process. It includes information about tools, software technologies and methodologies consisting of application specific simulators and high-fidelity solutions that helps in replicating company operations. OTS system includes dynamic high fidelity, 2D, 3D, generic high fidelity and immersive virtual reality type solutions.
Immersive simulators are responsible for a 3D virtual atmosphere in which the graphical representation of the worker interacts with the virtual plant or upstream production assets, even before the real asset is accomplished. Suppliers are developing improved and efficient immersive virtual reality training simulators for control room operators. These simulators are very operative for training worker in the harmful industrial environment.
The market is fragmented by application into electric power industry, chemical industry, oil & gas, mining, pulp & paper industry and, refining industry. The market is estimated to expand primarily in nuclear, mining and, oil & gas industries. Decisions which are made at management and corporate level in these sectors are made to invest in operator training so as to reduce risks and, increase performance and safety.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. North America is projected to dominate the market owing to rising technological advancements in the development of simulators and changing consumer preferences.
Asia-Pacific is projected to witness the fastest growth over the decade. An increasing number of aging workers coupled with growing population base and rising awareness level among the people about the risk and safety factors are the drivers accentuating the growth of the market.
The key players operating in the industry are EON Reality Inc., Honeywell International Inc., AspenTech, Siemens, Mynah Technologies, AVEVA, ABB Group, Andritz Automation, Bayer AG, DuPont, DNV-GL, Hyperion Solutions Corporation, TRAX, Tecnatom, FLSmidth, GSE Systems and RSI.
In, January 2015, HyperionRSI Simulation was created by Hyperion Systems Engineering Ltd. and Research Solutions Inc. The company offers simulation solutions based on the IndissPlus simulation technology. It combines the experience of simulation specialists of Hyperion Systems Engineering Ltd. with the reported capability of the IndissPlus dynamic simulation technology, thus increasing the market share as one of the world’s largest control system-independent supplier of simulation solutions.
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