Combat System Integration Market Expected to Reach 24 Billion by 2022 with Leading Market Key Players - include Thales Group, Elbit Systems Ltd., DCS Corporation, ICI Services Corporation, Qinetiq Group, Lockheed Martin Corporation, Raytheon, BAE Systems,

Combat System Integration Market Size and Growth Rate:
Combat System Integration Market was valued at USD 4.26 Billion in 2016 and projected to reach USD 25.46 Billion by 2022 growing at a CAGR of 34.7% during the forecast period 2018 to 2022.

Combat System Integration Market Overview:
It is expected that the development of advanced combat systems to improve situational awareness will spur the growth of the combat systems integration market in the coming years. The growing need for unmanned systems networks, coupled with ongoing modernization and military replenishment programs, is helping to stimulate market demand for this system over the coming years. The increase in defense spending in developing economies, the increased frequency of armed conflict and terrorist attacks and the growing need to improve the performance of the combat platform should contribute to the growth of the defense market integration of combat systems in the years to come. However, reducing the defense budget of advanced economies can be a challenge for the combat system integration market during the forecast period.

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Combat System Integration Market Growth Drivers and Restraints:
Even in this case, it is expected that a massive investment in R&D for technological advances in the defense operation will open up new and attractive opportunities for the combat systems integration market.
The submarine platform segment dominated the combat systems integration market. Combat aircraft and armored/artillery vehicles are expected to provide significant growth opportunities for combat system integration during the forecast period. The naval applications segment had the largest market share in 2016, which is mainly attributable to an increase in the number of Navy combat system modernization programs and increased defense spending.

Geographic Insights of the Combat System Integration Market:
The Asia-Pacific region was one of the major regional markets for combat system integration in 2016, followed by North America. China is expected to dominate the market during the foreseen period. The growth of China's combat system integration market can be attributed to the rapid progress of its warfare systems and increased investment in the armed forces. In North America, the United States should become a more attractive region for the combat systems integration market due to the intensification of research and development activities undertaken for the design of combat systems based on technologies.

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Key Market Players of the Combat System Integration Market:
Key players in the combat system integration market include Thales Group, Elbit Systems Ltd., DCS Corporation, ICI Services Corporation, Qinetiq Group, Lockheed Martin Corporation, Raytheon, BAE Systems, Saab AB and Leonardo Finmeccanica.

Combat System integration Market – Key Segmentation:

By Platform:
• large combat ships
• medium combat ships
• small combat ships
• submarines
• fighter aircraft
• combat helicopters
• armored vehicles/artillery

By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

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