-- C4ISR Market Research Report 2019: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By System (Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance), by Application (Land, Air, Naval, and Space), and by Region - Forecast to 2023
The global C4ISR market is anticipated to attain a decent growth rate of 4% during the forecast period between 2017 and 2023 as per the analysis of Market Research Future (MRFR). The growth of the market is primarily associated with the use of advanced technologies and the integration of such systems, including airborne ISR, to aid maritime tactical surveillance networks. Add to this, the increasing number of procurement of ships across the world has also majorly resulted in gaining added demand for naval C4ISR systems. Over the years, integrated C4ISR systems are gaining significant acceptance across the market and the use of the same is most likely to heighten in the coming years as these systems offer easy access to information for instant decision-making.
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Leading Players
• BAE Systems (U.S.)
• L-3 Technologies Inc. (U.S.)
• Rockwell Collins (U.S.)
• Lockheed Martin Corporation (U.S.)
• General Dynamics Corporation (U.S.)
• Elbit Systems Ltd (U.S.)
• Raytheon Company (U.S.)
• Thales Group (France)
• Northrop Grumman Corporation (U.S.)
• Harris Corporation (France)
22nd May, 2019, at this year’s Association of the United States Army’s LANPAC Symposium and Exposition, the Global Defense and Mission Solution divisions of Cubic Corporation will exhibit live as well as virtual training and its C4ISR solutions for land forces.
Market Segmentation
The global C4ISR market segmentation is based in terms of system and application.
By system, the market includes computers, communications, control, intelligence, reconnaissance, command, and surveillance.
By application, the market segments into naval, land, space, and air.
Regional Analysis
The global C4ISR market is regionally segmented across the following major regions: North America, Asia Pacific, the Middle East & Africa, and Europe.
The global C4ISR market as stated by MRFR will grow at a decent pace over the forecast period. A major part of the growth can be attributed to North America, which held close to 44% of the market share as per the study conducted in 2016. The large share of the market is primarily due to the increasing number of favorable initiatives undertaken by the government herein, the burgeoning technological advancements, and growing investments in the United States. The market in North America is expected to enjoy decent growth over the forecast period, despite the roadblock faced in 2016 and 2017 due to budget cutbacks in the defense sector.
Elsewhere, the improving economic state across various countries in Asia Pacific and the Middle East have subsequently resulted in increasing the defense budgets and a growing demand for new and advanced forms of technologies for C4ISR systems. As per the 2016 study, both Asia Pacific and the Middle East, combined, account for close to 30% of the market share. In Asia Pacific, it is expected that the demand for intelligence warfare systems, sensor upgrades, and networked communication will increase. This, in turn, is expected to push the growth of the C4ISR market in this region in the near future. Additionally, it is worth noting that the advancement of Chinese C4ISR systems will prompt the Indian defense sector to take notice and invest in the C4ISR market in the coming years.
Europe, on the other hand, is facing a highly challenging situation in terms of security. Firstly, there is an ongoing economic and political crisis across European nations like Ireland, Cyprus, Portugal, Greece, and Ukraine. Secondly, growing violence and terror activities in North American and Middle East countries pose various challenges and threats for Europe as well. Following this, the influx of illegal immigrants from nations like Iraq, Syria, and Libya into the European borders is heightening the risk of internal instability. All these challenges are expected to fuel the market demand for C4ISR systems in the European region. The deployment of these advanced military systems will aid major European counties like Germany, France, Turkey, Russia, and the UK to have superior control over these oblivious and challenging situations.
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List of Tables
Table 1 Global C4isr Market: by Region, 2017-2023
Table 2 North America C4isr Market: by Country, 2017-2023
Table 3 Europe C4isr Market: by Country, 2017-2023
Table 4 Asia Pacific C4isr Market: by Country, 2017-2023
Table 5 Row C4isr Market: by Country, 2017-2023
Table 6 Global C4isr Market, by System by Regions, 2017-2023
Table 7 North America C4isr Market, by System by Country, 2017-2023
Table 8 Europe C4isr Market, by System by Country, 2017-2023
Continued......
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Continued......
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