Radar Simulator Market Insights
Radar simulator market is likely to witness an impressive CAGR of 5.2% during the forecast period. The growing affordability of radar simulators over live training, along with the emergence of modern warfare systems is bolstering the global radar simulator market.
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Radar Simulator Market - Snapshot
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Growth
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5.2% for the next five years
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Major Product Type
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Operator training
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Major Application Type
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Military
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Dominant Component Type
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Hardware
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Region with the highest demand
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North America
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Key Players
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Adacel ASX, Acewavetech, ARI Simulation, Buffalo Computer Graphics, Cambridge Pixel Ltd., Harris Corporation, Mercury Systems Inc., Micro Nav Limited, Presagis Canada Inc., and Rockwell Collins.
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Radar Simulator Market Share: By Product Type
Based on the product type, the market is segmented as system testing and operator training. The operator training segment is estimated to lead the market, driven by the rising claim in various applications, such as navigation, search, weather monitoring, surveillance, fire control, and mission rehearsal, among a host of others.
Radar Simulator Market Share: By Application Type
Based on the application type, the market is segmented as military and commercial. The military segment is anticipated to be the faster-growing segment in the coming five years. This growth can be majorly attributed to the development of modern warfare systems, such as electronic warfare and network-centric warfare, which call for radar simulators for their functional testing. Another significant factor that has influenced the high growth of this segment is the claim for skilled and trained military personnel.
Radar Simulator Market Share: By Component Type
Based on the component type, the market is segmented as hardware and software. The hardware segment is projected to be the faster-growing segment during the forecast period. The growing intricacies in simulating different real-time scenarios with the purpose to deliver best learning for operators signify the dominance of this segment. Another factor that is bolstering the growth of the segment is the simulation of different warfare scenarios, which needs imitating radar hardware.
Radar Simulator Market Share: By Region
In terms of regions, the North American region was estimated to account for the largest share of the radar simulator market in 2018. The US and Canada are the growth engines of the region. North America is expected to maintain its dominance during the forecast period, owing to the regional presence of some of the giant radar simulator manufacturers, such as Cambridge Pixel Ltd (US), Harris Corporation (US), Buffalo Computer Graphics (US), Mercury Systems, Inc. (US), Textron Systems (US), Rockwell Collins (US), and Presagis Canada Inc. (Canada), among a host of others. Europe and Asia-Pacific are also expected to offer considerable growth opportunities in the coming five years.
Some of the major players in the radar simulator market are Adacel ASX, Acewavetech, ARI Simulation, Buffalo Computer Graphics, Cambridge Pixel Ltd., Harris Corporation, Mercury Systems, Inc., Micro Nav Limited, Presagis Canada Inc., and Rockwell Collins.
Market Scope & Segmentation
Radar simulator is something that used to produce synthetic range profiles for aircraft, while the currently the advanced simulators are used in generating synthetic aperture radar data. Some of the features of the simulators that can be noted are user-friendly pulse modulations, powerful image, convenient interface, and many others.
Radar simulator can be for system testing as well as for operator training. They are available in the form of hardware and software and can be useful in both military as well as commercial aircraft options.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Radar Simulator Market Research Report - Features
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Market Segmentation
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4 ways
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Regions Covered
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4
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Countries/Sub-Regions Covered
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15
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The radar simulator market is segmented into the following categories.
Radar Simulator Market Size, Share, & Forecast, by Product Type:
- System Testing
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Product Type Analysis: Fixed and Portable)
- Operator Training
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Product Type Analysis: Fixed and Portable)
Radar Simulator Market Size, Share, & Forecast, by Application Type:
- Military
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Application Type Analysis: Airborne, Marine, and Ground)
- Commercial
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Application Type Analysis: Airborne, Marine, and Ground)
Radar Simulator Market Size, Share, & Forecast, by Component Type:
- Hardware (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Software (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Radar Simulator Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of product types by application type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
