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)

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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.

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Product Code: BMIRE00025776

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