8:59 AM Radar Simulator Market to experience an impressive growth of 5.2% during 2020-2025 |
Radar Simulator Market Report: Trends, Analysis & Forecast up to 2025. Discover associated growth opportunities, market dynamics, success factors and more. 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. Click here to get a Free Sample of the report (with additional insights): https://www.stratviewresearch.com/Request-Sample/582/radar-simulator-market.html Radar Simulator Market Segment Insights: By Product Type: 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. By Application Type: 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. By Component Type: 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. By Region: 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. Click below to run through the detailed ToC of the report: https://www.stratviewresearch.com/toc/582/radar-simulator-market.html Features of the Report 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. Based on the research, a proper report is crafted with the following key features:
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