The radar simulator market is projected to grow from USD 2.21 Billion in 2016 to USD 2.85 Billion by 2022, at a CAGR of 4.36% from 2017 to 2022. The objective of this study is to analyze, define, describe, and forecast the radar simulator market based on product, application, component, and region. The report also focuses on the competitive landscape of this market by profiling companies based on their financial position, product portfolio, growth strategies, and analyzing their core competencies and market share to anticipate the degree of competition prevailing in the market. This report also tracks and analyzes competitive developments, such as partnerships, mergers & acquisitions, new product developments, and Research & Development (R&D) activities in the market. The base year considered for this study is 2016 and the forecast period is from 2017 to 2022.

The research methodology used to estimate and forecast the radar simulator market includes the study of data and revenue of key market players through secondary resources, such as annual reports, Federal Aviation Administration (FAA), International Air Transport Association (IATA), and Stockholm International Peace Research Institute (SIPRI). The bottom-up procedure was employed to arrive at the overall size of the market from the revenue of key market players. After arriving at the overall market size, the radar simulator market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry experts, such as CEOs, VPs, directors, executives, and engineers. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. Breakdown of profiles of primaries is shown in the figure given below:

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Market Ecosystem

The radar simulator market has been segmented on the basis of product, application, component, and region. Adacel Technologies Limited (Australia), ARI Simulation (India), AceWavetech (South Korea), Buffalo Computer Graphics (US), Cambridge Pixel Ltd (US), Harris Corporation (US), Mercury Systems, Inc. (US), Rockwell Collins (US), Ultra Electronics Inc. (UK), Textron Systems (US), Presagis Canada Inc. (Canada), and Micro Nav Limited (UK) are some of the manufacturers in this market. Contracts, new product launches, agreements, and acquisitions are the major strategies adopted by the key players in the market.

Target Audience for this Report

Manufacturers of Radar Simulator

Component Manufacturers of Radar Simulator

Aircraft Manufacturers

Radar Simulator Operator Training Bodies

Government and Certification Bodies

�This study answers several questions for stakeholders, primarily, which market segments to focus on during the next two to five years to prioritize their efforts and investments.�

Scope of the Report:

Radar Simulator Market, By Product

System Testing Fixed Portable

Operator Training Fixed Portable



Radar Simulator Market, By Application

Military Airborne Marine Ground

Commercial Airborne Marine Ground



Radar Simulator Market, By Component

Hardware

Software

Radar Simulator Market, By Region

North America

Europe

Asia Pacific

Middle East

Rest of the World

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for this report:

Geographic Analysis Further breakdown of the Rest of the World market

Company Information Detailed analysis and profiling of additional market players (up to five)

Additional Level Segmentation

The radar simulator market is projected to grow from an estimated USD 2.31 Billion in 2017 to USD 2.85 Billion by 2022, at a CAGR 4.36% from 2017 to 2022. The increasing affordability of radar simulators over live training is expected to drive the market. Another key factor that is going to influence this market is the emergence of modern warfare systems.

The radar simulator market has been segmented on the basis of product, application, component, and region. Based on product, the radar simulator market has been segmented into system testing and operator training. The operator training is going to lead the market due to the increasing demand in many applications such as navigation, search, weather monitoring, surveillance, fire control, and mission rehearsal, among others. For airborne applications, radar simulator is used for training commercial as well as fighter pilots and radar operators. For marine and ground applications, radar simulator is used in training centers for training Electronic Warfare (EW) personnel.

Based on application, the military segment is estimated to be the fastest-growing segment of the radar simulator market. This is mainly attributed to the emergence of modern warfare systems such as electronic warfare and network-centric warfare which require radar simulators for their functional testing. Another factor that contributed to the high growth of this segment is the demand for skilled and trained military personnel.

Based on component, the radar simulator market has been segmented into hardware and software. The hardware segment is estimated to be the fastest-growing segment in the radar simulator market. The increased complexity in simulating various real-time scenarios with the need to provide best learning for operators contributes to the dominance of this segment. Another factor that is boosting its demand is the simulation of various warfare scenarios, which requires imitating radar hardware.

The radar simulator market has been studied for North America, Europe, Asia Pacific, Middle East, and Rest of the World (RoW). The North American region is estimated to be the largest market for radar simulators in 2017. Countries in this region include the US and Canada. The presence of some of the major radar simulator manufacturers in this region, such as Buffalo Computer Graphics (US), Cambridge Pixel Ltd (US), Harris Corporation (US), Mercury Systems, Inc. (US), Rockwell Collins (US), Textron Systems (US), and Presagis Canada Inc. (Canada), among others, contributes to the growth of the radar simulator market in North America.

High cost incurred in the development of radar systems acts as one of the major restraints for the radar simulator market. Major companies profiled in the report include Adacel Technologies Limited (Australia), ARI Simulation (India), AceWavetech (South Korea), Buffalo Computer Graphics (US), Cambridge Pixel Ltd (US), Harris Corporation (US), Mercury Systems, Inc. (US), Rockwell Collins (US), Ultra Electronics Inc. (UK), Textron Systems (US), Presagis Canada Inc. (Canada), and Micro Nav Limited (UK), among others. New product launch and supply contract were the key strategies adopted by leading players in the radar simulator market from 2012 to 2017. These strategies have enabled companies to strengthen their position in the market.

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