Asia Pacific Radar Simulator Market Forecast to 2028

Report Code : BMIRE00025776 | Region : Asia Pacific | Industry : Aerospace and Defense | Published Date : 07/Sep/2022
Asia Pacific Radar Simulator Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware and Software), System (System Testing and Operator Training), and Application (Military and Commercial)

The radar simulator market in Asia Pacific is expected to grow from US$ 326.19 million in 2022 to US$ 470.54 million by 2028; it is estimated to grow at a CAGR of 6.3% from 2022 to 2028.

The adoption of artificial intelligence (AI), deep learning, and big data analytics is continuously increasing across various applications in the military & defense sector, making AI increasingly important for developing modern warfare systems. Unmanned aerial vehicles (UAVs) developed by various enterprises have modern capabilities and have extended their reach and operating boundaries. There has been a surge in the development of laser-guided missiles with higher accuracy to hit the locked target. To combat this threat in the future, there would be a rise in the development of radars and radar simulators to train operators to combat the rising modern warfare systems. Edge Computing, AI, and machine learning are expected to speed up the development and adoption of AI-enabled warfare systems, which is anticipated to boost the radar simulator market growth in the coming years. Machine learning and deep learning have increased the computing power of drones, making them smarter and faster. Furthermore, edge computing integrated with AI has enabled military and defense enterprises to detect faults in their warfare systems and proactively avoid unplanned downtime. Additionally, the implementation of 5G is expected to enable massive device connectivity, which increases the capabilities of modern warfare systems due to reducing latency while using AI technology. Thus, the growing development of modern warfare systems is expected to positively impact the growth of the radar simulator market during the forecast period.

Asia Pacific Radar Simulator Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Radar Simulator Market Segmentation

The Asia Pacific radar simulator market is segmented based on component, system, application, and country. Based on component, the market has been segmented into hardware and software. The hardware segment would dominate the Asia Pacific radar simulator market in 2022. In terms of system, the market is divided into system testing and operator training. The operator training segment would dominate the Asia Pacific radar simulator market in 2022. Based on application, the market has been bifurcated into military and commercial. The commercial segment dominated the Asia Pacific radar simulator market in 2022. Based on country, The Asia Pacific radar simulator market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China would dominate the market in 2022.

Key players operating in the Asia Pacific radar simulator market include Adacel Technologies Limited; ARI Simulation; Collins Aerospace; L3Harris Technologies, Inc.; Mercury Systems Inc.; Micro Nav Limited; Textron Systems Corporation; and Ultra Electronics Inc.

The List of Companies - Asia Pacific Radar Simulator Market

● Adacel Technologies Limited

● ARI Simulation

● Collins Aerospace

● L3Harris Technologies, Inc.

● Mercury Systems Inc.

● Micro Nav Limited

● Textron Systems Corporation

● Ultra Electronics Inc.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Radar Simulator Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 APAC

4.3 Ecosystem Analysis

5. APAC Radar Simulator Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surge in Demand of Air Traffic Control Radar Simulators

5.1.2 Escalating Procurement of Radar Simulator among Military Forces

5.2 Market Restraints

5.2.1 High Cost and Longer Lifespan of Radar Simulators

5.3 Market Opportunities

5.3.1 Rising Demand for Skilled and Trained Radar Operators

5.4 Future Trends

5.4.1 Increasing Modern Warfare Systems

5.5 Impact Analysis of Drivers and Restraints

6. Radar Simulator Market – APAC Analysis

6.1 APAC Radar Simulator Market Overview

6.2 APAC Radar Simulator Market Revenue and Forecast to 2028 (US$ Million)

7. APAC Radar Simulator Market– By Component

7.1 Overview

7.2 APAC Radar Simulator Market, By Component (2021 and 2028)

7.3 Hardware

7.3.1 Overview

7.3.2 Hardware: APAC Radar Simulator Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Software

7.4.1 Overview

7.4.2 Software: APAC Radar Simulator Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC Radar Simulator Market– By System

8.1 Overview

8.2 APAC Radar Simulator Market, By System (2021 and 2028)

8.3 System Training

8.3.1 Overview

8.3.2 System Training: APAC Radar Simulator Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Operation Training

8.4.1 Overview

8.4.2 Operation Training: APAC Radar Simulator Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC Radar Simulator Market– By Application

9.1 Overview

9.2 APAC Radar Simulator Market, By Application (2021 and 2028)

9.3 Military

9.3.1 Overview

9.3.2 Military: APAC Radar Simulator Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Commercial

9.4.1 Overview

9.4.2 Commercial: APAC Radar Simulator Market – Revenue and Forecast to 2028 (US$ Million)

10. APAC Radar Simulator Market – Country Analysis

10.1 Overview

10.1.1 APAC: Radar Simulator Market Breakdown, by Country

10.1.1.1 Australia Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Australia: Radar Simulator Market, by Component

10.1.1.1.2 Australia: Radar Simulator Market, by System

10.1.1.1.3 Australia: Radar Simulator Market, by Application

10.1.1.2 China Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 China: Radar Simulator Market, by Component

10.1.1.2.2 China: Radar Simulator Market, by System

10.1.1.2.3 China: Radar Simulator Market, by Application

10.1.1.3 India Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 India: Radar Simulator Market, by Component

10.1.1.3.2 India: Radar Simulator Market, by System

10.1.1.3.3 India: Radar Simulator Market, by Application

10.1.1.4 Japan Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 Japan: Radar Simulator Market, by Component

10.1.1.4.2 Japan: Radar Simulator Market, by System

10.1.1.4.3 Japan: Radar Simulator Market, by Application

10.1.1.5 South Korea Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 South Korea: Radar Simulator Market, by Component

10.1.1.5.2 South Korea: Radar Simulator Market, by System

10.1.1.5.3 South Korea: Radar Simulator Market, by Application

10.1.1.6 Rest of APAC Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of APAC: Radar Simulator Market, by Component

10.1.1.6.2 Rest of APAC: Radar Simulator Market, by System

10.1.1.6.3 Rest of APAC: Radar Simulator Market, by Application

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

12. Company Profiles

12.1 Adacel Technologies Limited

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 ARI Simulation

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 L3Harris Technologies, Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Mercury Systems, Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Micro Nav Limited

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Collins Aerospace

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Textron Inc.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Ultra-Electronics Holdings plc.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1. APAC Radar Simulator Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. APAC Radar Simulator Market: Revenue and Forecast to 2028 – By Country (US$ Million)

Table 3. Australia Radar Simulator Market: Revenue and Forecast to 2028 – By Component (US$ Million)

Table 4. Australia Radar Simulator Market: Revenue and Forecast to 2028 – By System (US$ Million)

Table 5. Australia Radar Simulator Market: Revenue and Forecast to 2028 – By Application (US$ Million)

Table 6. China Radar Simulator Market: Revenue and Forecast to 2028 – By Component (US$ Million)

Table 7. China Radar Simulator Market: Revenue and Forecast to 2028 – By System (US$ Million)

Table 8. China Radar Simulator Market: Revenue and Forecast to 2028 – By Application (US$ Million)

Table 9. India Radar Simulator Market: Revenue and Forecast to 2028 – By Component (US$ Million)

Table 10. India Radar Simulator Market: Revenue and Forecast to 2028 – By System (US$ Million)

Table 11. India Radar Simulator Market: Revenue and Forecast to 2028 – By Application (US$ Million)

Table 12. Japan Radar Simulator Market: Revenue and Forecast to 2028 – By Component (US$ Million)

Table 13. Japan Radar Simulator Market: Revenue and Forecast to 2028 – By System (US$ Million)

Table 14. Japan Radar Simulator Market: Revenue and Forecast to 2028 – By Application (US$ Million)

Table 15. South Korea Radar Simulator Market: Revenue and Forecast to 2028 – By Component (US$ Million)

Table 16. South Korea Radar Simulator Market: Revenue and Forecast to 2028 – By System (US$ Million)

Table 17. South Korea Radar Simulator Market: Revenue and Forecast to 2028 – By Application (US$ Million)

Table 18. Rest of APAC Radar Simulator Market: Revenue and Forecast to 2028 – By Component (US$ Million)

Table 19. Rest of APAC Radar Simulator Market: Revenue and Forecast to 2028 – By System (US$ Million)

Table 20. Rest of APAC Radar Simulator Market: Revenue and Forecast to 2028 – By Application (US$ Million)

Table 21. List of Abbreviation

The List of Companies - Asia Pacific Radar Simulator Market

● Adacel Technologies Limited

● ARI Simulation

● Collins Aerospace

● L3Harris Technologies, Inc.

● Mercury Systems Inc.

● Micro Nav Limited

● Textron Systems Corporation

● Ultra Electronics Inc.

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Radar Simulator Market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Radar Simulator Market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Radar Simulator Market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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