Global Radar Simulator Market Report: Information by Product (System Testing and Operator Training), Application (Military and Commercial),...

Radar Simulator Market is Estimated to reach CAGR of 35% for the Forecast period till 2023

Global Radar Simulator Market Report: Information by Product (System Testing and Operator Training), Application (Military and Commercial), Component (Hardware and Software), Platform (Airborne, Marine, and Ground), and Region—Forecast till 2023

Market Highlights
Since World War II, radar has been considered as an integral part of any defense inventory. Radar technology is used for tracking and detecting the movement of intruders from air, land, or sea. These radars assist in providing the range, angle, and velocity of an object. The introduction of 3D radar technology and rise in the use of unmanned aerial vehicles (UAVs) are the major factors boosting the market growth for radar simulator, globally.
The factors driving the growth of the market are the emergence of modern warfare systems and affordability of simulator training. However, the high cost of radar systems is hampering the market growth. The opportunities for this market are increasing R&D activities in the field of military simulation and increasing defense expenditure in emerging economies.
North America is expected to grow substantially in the global radar simulator market during the forecast period. Since North America is the base for major companies, such as Buffalo Computer Graphics, Cambridge Pixel Ltd, Harris Corporation, Mercury Systems, Inc., the market is expected to grow in this region. Moreover, countries such as the US and Canada are expected to have significant growth during the forecast period. The Middle East & Africa and Europe show prominent growth rate due to the fast-paced growth in the aviation sector. As a result, the market growth for radar simulator will rise during the forecast period.

Key Players
The key players in the radar simulator market are AAI Corporation (US), Acewavetech (South Korea), Adacel Technologies Limited (Australia), ARI Simulation (India), Buffalo Computer Graphics (US), Cambridge Pixel Ltd (US), Harris Corporation (US), Mercury Systems, Inc. (US), Rockwell Collins (US), Ultra Electronics Inc. (UK), Presagis Canada Inc. (Canada), and Micro Nav Limited (UK).
Radar Simulator Market Research Report - Global Forecast till 2023 -Report image 00
Radar Simulator Market | MRFR
Scope of the Report:
This study provides an overview of the global radar simulator market, tracking four market segments across five regions. The report studies the key players, providing a five-year annual trend analysis that highlights market size, volume, and share in North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years in each region. The study segments the global radar simulator market by product, application, platform, component, and region.

  • Product
    • System Testing
    • Operator Training
  • Application
    • Military
    • Commercial
  • Component                             
    • Hardware
    • Software
  • Platform                   
    • Airborne
    • Marine
    • Ground
  • By Regions
    • North America
    • Europe
    • Asia-Pacific
    • Middle East & Africa
    • Latin America
The report on the global radar simulator market by Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of the qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecast market size, in terms of value and volume, and the technological, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.