C4ISR Market - Leading Players Pushing for Innovation to Gain Competitive Edge

According to TMR, the global C4ISR market is expected to reach US$134.89 bn by the end of 2025. Its valuation stood at US$98.46 bn in 2016. If these figures hold true, the global C4ISR market will exhibit a CAGR of 3.5% between 2017 and 2025. By end user, the airborne segment emerged dominant holding a share of 56.5% in the market in 2016. Regionally, the overall market was dominated by North America with a share of 32.3% in 2016. However during the course of the forecast period, Asia Pacific is likely to emerge as the lead in the overall market.

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Airborne Segment to Emerge as Dominant End User; Electronic Warfare to Emerge as Lead Application Segment

Surveillance and reconnaissance, computer, tactical communication, electronic warfare, command and control, and others are the various application segments in the global C4ISR market. The others sector includes radar, sensor, advanced electronically scanned array, GPS, and countermeasures. Of these, electronic warfare constituted the emerged dominant in the global market, followed by surveillance & reconnaissance and tactical communication segments. Increasing cross-border tensions are expected to seal the dominance of the electronic warfare segment through the course of the forecast period.

Based on end user, the global C4ISR market is segmented into airborne, land, and naval. Of these, the airborne segment led the market with a share of 56.5% in 2016. The rising demand for C4ISR from airborne markets, especially in countries such as India and China is expected to boost the segment. Besides this, the increasing demand for technologies for advanced border protection is expected to demand for C4ISR from the airborne segment. Moreover, increased acquisitions of unmanned aerial combat vehicles and unmanned aerial vehicles is the major factor giving impetus to the airborne segment in the C4ISR market during the forecast period of 2017 – 2025.

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Asia Pacific to Emerge Dominant in Forthcoming Years

Regionally, the global C4ISR market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Among these regions, North America emerged dominant with a share of 32.3% in the overall market in 2016. However, it is expected to lose its dominance to Asia Pacific during the forecast period, relegating to the position of the second-leading regional market. Europe, which emerged as the second most lucrative market for C4ISR in 2016, is expected show steady growth during the forecast period.

In North America, the rising demand from the electronic warfare segment is helping the market gain momentum. Besides this, governments across the region are consciously implementing measures and the latest technologies to annihilate terror activities. This is a chief driver of the C4ISR market in the region. In Asia Pacific the market is forecast to gain from the rising demand from India, China, Japan, and rest of the region. As governments across these nations look for the latest technologies to thwart any terror plots, the demand from the Asia Pacific market will continue to increase. Among the aforementioned nations China emerged dominant in 2016, exhibiting high spending towards defense and military forces.

Key players profiled in this report include Lockheed Martin Corporation (United States), The Raytheon Company (United States), Rockwell Collins, Inc (United States), BAE Systems PLC. (United States), Northrop Grumman Corporation (United States), General Dynamics Corporation (United States), Elbit Systems Ltd (United States), L-3 Communications Holdings, Inc. (United States), Thales Group (France) and Harris Corporation (France).

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