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$2.85 Bn Radar Simulator Market 2017 by Product, Application, Component, and Region - Global Forecast to 2022DUBLIN, September 20, 2017 /PRNewswire/ -- The "Radar Simulator Market by Product (System Testing, Operator Training), Application (Commercial, Military), Component (Hardware, Software), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.  The radar simulator market is projected to grow from an estimated USD 2.31 Billion in 2017 to USD 2.85 Billion by 2022, at a CAGR 4.36% from 2017 to 2022. The increasing affordability of radar simulators over live training is expected to drive the market. Another key factor that is going to influence this market is the emergence of modern warfare systems. The radar simulator market has been segmented on the basis of product, application, component, and region. Based on product, the radar simulator market has been segmented into system testing and operator training. The operator training is going to lead the market due to the increasing demand in many applications such as navigation, search, weather monitoring, surveillance, fire control, and mission rehearsal, among others. For airborne applications, radar simulator is used for training commercial as well as fighter pilots and radar operators. For marine and ground applications, radar simulator is used in training centers for training Electronic Warfare (EW) personnel. The radar simulator market has been studied for North America, Europe, Asia Pacific, Middle East, and Rest of the World (RoW). The North Ameican region is estimated to be the largest market for radar simulators in 2017. Countries in this region include the US and Canada. The presence of some of the major radar simulator manufacturers in this region, such as Buffalo Computer Graphics (US), Cambridge Pixel Ltd (US), Harris Corporation (US), Mercury Systems, Inc. (US), Rockwell Collins (US), Textron Systems (US), and Presagis Canada Inc. (Canada), among others, contributes to the growth of the radar simulator market in North America. High cost incurred in the development of radar systems acts as one of the major restraints for the radar simulator market. Major companies profiled in the report include Adacel Technologies Limited (Australia), ARI Simulation (India), AceWavetech (South Korea), Buffalo Computer Graphics (US), Cambridge Pixel Ltd (US), Harris Corporation (US), Mercury Systems, Inc. (US), Rockwell Collins (US), Ultra Electronics Inc. (UK), Textron Systems (US), Presagis Canada Inc. (Canada), and Micro Nav Limited (UK), among others. New product launch and supply contract were the key strategies adopted by leading players in the radar simulator market from 2012 to 2017. These strategies have enabled companies to strengthen their position in the market. Key Topics Covered:
For more information about this report visit https://www.researchandmarkets.com/research/f55m5h/radar_simulator About Research and Markets Media Contact: Research and Markets 
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