NEW YORK, Nov. 17, 2021 /PRNewswire/ -- The radar simulator
market is set to grow by USD 169.17
million from 2020 to 2025. However, growth momentum is
likely to decelerate at 11.67% according to the latest
research report from Technavio.
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The radar simulator market covers the following
areas:
- Radar Simulator Market Sizing
- Radar Simulator Market Forecast
- Radar Simulator Market Analysis
The radar simulator market report offers a comprehensive
analysis of the strategies adopted by vendors and the trends,
drivers, and challenges affecting the market size. The emergence of
modern warfare systems is notably driving the radar simulator
market growth, although factors such as the high cost incurred
in the development of radar systems may impede the market
growth.
Technavio analyzes the radar simulator market by End-user
(commercial and military) and Geography (North America, Europe, APAC, South
America, and MEA). This report presents a detailed
picture of the market by the way of study, synthesis, and summation
of data from multiple sources by an analysis of key parameters.
31% of the market's growth will originate from APAC during the
forecast period. China is a key
market for radar simulators in APAC. Also, The radar
simulator market share growth by the commercial segment has been
significant.
Companies Mentioned
- Acewavetech
- ARI Simulation
- Buffalo Computer Graphics Inc.
- Cambridge Pixel Ltd.
- L3Harris Technologies Inc.
- Mercury Systems Inc.
- Micro Nav Ltd.
- Quantum3D
- Raytheon Technologies Corp.
- Textron Inc.
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Radar Simulator
Market Scope
|
|
Report
Coverage
|
Details
|
|
Page
number
|
120
|
|
Base year
|
2020
|
|
Forecast
period
|
2021-2025
|
|
Growth momentum &
CAGR
|
Decelerate at a CAGR
of 11.67%
|
|
Market growth
2021-2025
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USD 169.17
million
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|
Market
structure
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Fragmented
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YoY growth
(%)
|
18.35
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|
Regional
analysis
|
North America,
Europe, APAC, South America, and MEA
|
|
Performing market
contribution
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APAC at
31%
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Key consumer
countries
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US, France, China,
Germany, and UK
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|
Competitive
landscape
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Leading companies,
competitive strategies, consumer engagement scope
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|
Companies
profiled
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Acewavetech, ARI
Simulation, Buffalo Computer Graphics Inc., Cambridge Pixel Ltd.,
L3Harris Technologies Inc., Mercury Systems Inc., Micro Nav Ltd.,
Quantum3D, Raytheon Technologies Corp., and Textron Inc.
|
|
Market
Dynamics
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Parent market
analysis, Market growth inducers and obstacles, Fast-growing and
slow-growing segment analysis, COVID-19 impact and future consumer
dynamics, market condition analysis for the forecast
period
|
|
Customization
preview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
About Us
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provide actionable insights to help businesses identify
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positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio