Germany Radar Simulator Market Size & Outlook, 2023-2030

The radar simulator market in Germany is expected to reach a projected revenue of US$ 336.0 million by 2030. A compound annual growth rate of 5.8% is expected of Germany radar simulator market from 2024 to 2030.
Revenue, 2023 (US$M)
$226.0
Forecast, 2030 (US$M)
$336.0
CAGR, 2024 - 2030
5.8%
Report Coverage
Germany

Germany radar simulator market highlights

  • The Germany radar simulator market generated a revenue of USD 226.0 million in 2023 and is expected to reach USD 336.0 million by 2030.
  • The Germany market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.


Radar simulator market data book summary

Market revenue in 2023USD 226.0 million
Market revenue in 2030USD 336.0 million
Growth rate5.8% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software
Key market players worldwideAdacel Technologies Ltd, Mercury Systems Inc, Keysight Technologies Inc, Cadence Design Systems Inc, RTX Corp, Textron Inc, L3Harris Technologies Inc, Ultra Electronics Holdings, Cambridge Pixel, Micro Nav Limited, Aechelon Technology Inc, Buffalo Computer Graphics, Nautical Software Solution


Other key industry trends

  • In terms of revenue, Germany accounted for 7.5% of the global radar simulator market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK radar simulator market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 336.0 million by 2030.

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Radar Simulator Market Companies

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Germany radar simulator market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to radar simulator market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 58.05% in 2023. Horizon Databook has segmented the Germany radar simulator market based on hardware, software covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of Germany radar simulator market databook

  • Our clientele includes a mix of radar simulator market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany radar simulator market , including forecasts for subscribers. This country databook contains high-level insights into Germany radar simulator market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Germany radar simulator market size, by component, 2017-2030 (US$M)

Germany Radar Simulator Market Outlook Share, 2023 & 2030 (US$M)

Germany radar simulator market size, by component, 2017-2030 (US$M)

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