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)
Market Report I 2022-09-07 I 107 Pages I The Insight Partners
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.
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
LIST OF FIGURES
Figure 1. APAC Radar Simulator Market Segmentation
Figure 2. APAC Radar Simulator Market Segmentation - By Country
Figure 3. APAC Radar Simulator Market Overview
Figure 4. Hardware Segment held the Largest Share in 2021
Figure 5. Commercial Segment held the Largest Share in 2021
Figure 6. China held the Largest Share in 2021
Figure 7. APAC - PEST Analysis
Figure 8. APAC Radar Simulator Market: Ecosystem Analysis
Figure 9. APAC Radar Simulator Market: Impact Analysis of Drivers and Restraints
Figure 10. Radar Simulator Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. APAC Radar Simulator Market Revenue Share, by Component (2021 and 2028)
Figure 12. Hardware: APAC Radar Simulator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Software: APAC Radar Simulator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Radar Simulator Market Revenue Share, by System (2021 and 2028)
Figure 15. System Training: APAC Radar Simulator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Operation Training: APAC Radar Simulator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Radar Simulator Market Revenue Share, by Application (2021 and 2028)
Figure 18. Military: APAC Radar Simulator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Commercial: APAC Radar Simulator Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. APAC: Radar Simulator Market, by key Country, Revenue (2021) (US$ Million)
Figure 21. APAC: Radar Simulator Market Breakdown, by Country, 2021 & 2028 (%)
Figure 22. Australia Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)
Figure 23. China Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)
Figure 24. India Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)
Figure 25. Japan Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)
Figure 26. South Korea Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of APAC Radar Simulator Market: Revenue and Forecast to 2028 (US$ Million)
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