OTS Market Set for Rapid Growth
The Operator Training Simulators (OTS) market for software and services is expanding. The retiring workforce, lack of experienced operators, and manufacturing expansion in emerging markets are major drivers for OTS.
Operator training simulators are defined as dynamic simulators designed to train process operators using process simulators in the process industries. The study includes information about software technologies, tools, and methodologies that are both high fidelity solutions that replicate plant operations exactly and generic simulators that are process or application specific. Operator training simulation systems considered in the study include 2D, 3D, generic high fidelity, dynamic high fidelity, and virtual type applications.
Currently, the market is at a inflection point. There is a lot of interesting things happening with respect to users, suppliers, and technology. Many experienced operators are retiring, operators in emerging countries change jobs every couple of years, and safety concerns are some of the factors driving the OTS market. Users need training that helps them learn quickly and retain the information. Operators need to feel confident that the operators can respond to abnormal conditions and avert potential disasters. Suppliers are responding with dynamic high fidelity solutions that include 2D, 3D, and immersive reality training. In addition, OTS in the cloud is starting to be an integrated part of the training solution.
Strategic Issues
This study provides an in-depth analysis of the OTS market for process manufacturing by industry segment and geographic region. In addition, it provides insightful analysis of key issues that will impact this market in the future. Strategic issues covered include:
- What are the factors that are driving the OTS market growth?
- How can suppliers respond to the demand?
- How will new technologies improve operator retention?
- Which OTS functional categories are growing the fastest? And from which suppliers?
- Which industries and regions offer the greatest growth opportunities?
