C4ISR Systems Market in Aerospace industry is likely to reach an estimated US$ 112.5 billion in 2023. – Stratview Research Market Report

The research studies C4ISR Systems Market in the trend period of 2012 to 2017 and forecasted period of 2018 to 2023 under given segments - by Platform Type (Land, Airborne, Naval, and Space), by Application Type, (Command and Control; Communication; Computers; Intelligence, Surveillance and Reconnaissance; and Electronic Warfare), by Solution Type (Products and Services), by End-User Type (Defense and Commercial), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.

The study finds –
 North America is expected to remain the most dominant market during the forecast period. The USA is likely to remain the growth engine of the region’s market during the same period.
 The C4ISR systems is segmented into Command & Control; Communication; Computers; Intelligence, Surveillance, and Reconnaissance (ISR); and Electronic Warfare.
 The land segment currently dominates the market and is likely to maintain its dominance throughout the forecast period, driven by the high allocation of defense budget coupled with a greater demand for the procurement of command & control and communications systems.
 Defense electronics are always an indispensable focus area of the world out of which C4ISR systems have emerged as one of the vital elements.

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The C4ISR Systems Market: Highlights

Rising tensions among different parts of the world, such as disputes related to maritime (south china sea), land-based conflicts between India and Pakistan, hybrid warfare, and piracy over oceans, are forcing the countries to strengthen their defense capabilities. Furthermore, the nature of warfare has immensely changed over the eons with a higher usage of advanced electronic systems. These factors are forcing the countries to keep upgrading themselves in order to maintain and to enhance their defense capabilities.

Most of the major developed economies, such as the USA, always set a large defense budget in order to remain the pioneer in developing and acquiring latest technologies. The developing economies, such as China and India, are following the footsteps of major economies and have been escalating their defense budget in order to acquire new technologies to upgrade themselves.

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The C4ISR systems market is projected to grow at a higher rate than the total defense industry in the coming five years to reach an estimated US$ 112.5 billion in 2023, propelled by a host of factors including an increasing military expenditure, especially by the developing economies including China and India, an increased demand for mobile command systems, and a rising demand for advanced electronic systems to gain an edge over others. Also, C4ISR systems offer a wide array of advantages including real-time data collection, situational awareness, tactical communication, and advanced battlefield management systems. This assists the defense forces in decision making and helps the forces to have an edge over others.

The C4ISR systems are a highly technology-driven business where C4ISR systems become old or obsolete in few years due to the rapid advancement in technology. It becomes crucial for countries to invest in these systems to acquire latest C4ISR systems. This factor further assures a healthy demand for C4ISR systems globally.

Defense electronics are always an indispensable focus area of the world out of which C4ISR systems have emerged as one of the vital elements. Major defense markers are investing more into the procurement of superior intelligence and surveillance systems for tracking other’s activity to build an actionable plan in the case of emergency or combat. The advancement in the defense systems, such as wind shear technology and cyber-defense, are also driving the innovations in the C4ISR systems market.

C4ISR Systems Market: by Platform Type

The C4ISR systems market is segmented into the platform type as Land, Airborne, Naval, and Space. The land segment currently dominates the market and is likely to maintain its dominance throughout the forecast period, driven by the high allocation of defense budget coupled with a greater demand for the procurement of command & control and communications systems. Airborne, the second largest segment, is likely to witness the highest growth during the forecast period, driven by an increasing demand for UAVs (Unmanned Aerial Vehicles) and a greater need for intelligence gathering.

C4ISR Systems Market: by Application Type

Based on the application type, the C4ISR systems is segmented into Command & Control; Communication; Computers; Intelligence, Surveillance, and Reconnaissance (ISR); and Electronic Warfare. The ISR segment is likely to maintain its dominance during the forecast period, driven by an advancement in the ISR systems including radars, sonars, and electro-optic sensors as well as rising demand for ISR systems to stay ahead of their opponents. The communication segment is likely to grow highest during the same period, driven by a higher focus on the upgrade of communication systems.

C4ISR Systems Market: by Region

Based on the regions, North America is expected to remain the most dominant market during the forecast period. The USA is likely to remain the growth engine of the region’s market during the same period. High defense budget coupled with the presence of all the major C4ISR system providers is the driving force behind the dominance of the region’s market.
Asia-Pacific is likely to witness the highest growth during the same period, primarily driven by rising defense budget of the major Asian economies. China, India, and South Korea are the major markets for C4ISR systems in the region and are likely to create most of the demand for these systems in the coming years.

Europe also holds a considerable share of the market but is likely to grow at a modest growth during the forecast period. Depleting defense budgets of major European economies is the prime factor for a relatively low demand for C4ISR systems in the region. Russia, The UK, France, and Germany are the major markets for C4ISR systems in Europe.

C4ISR Systems Market: Key Players and their Strategies

The global C4ISR systems market is fiercely competitive with the presence of a large number of established players. The major players, such as Raytheon, Rockwell Collins, Lockheed Martin, Northrop Grumman, and BAE Systems, offer an extensive product portfolio across regions and keep themselves competitive by performing both organic and inorganic growth strategies. These players are highly diversified with excellent capabilities in defense products and systems, which raise the competitiveness to the next level. Other major players are General Dynamics, Elbit Systems, L-3 Technologies, Thales Group, Harris Corporation, Leonardo S.p.A., Rheinmetall Group, and Saab.

Most of the major players are focusing on the development of innovating systems addressing the existing as well as upcoming market requirements. At the same time, they have been forming strategic alliances including mergers & acquisitions, joint ventures, and collaborations, to remain competitive and quickly gain the market share. Excellent track record of major players helps them in establishing good customer relations by securing long-term contracts.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum input to the entire value chain of BMI Prepreg. The key features of the report are -
 Market structure: Overview, industry life cycle analysis, supply chain analysis
 Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
 Market trend and forecast analysis
 Market segment trend and forecast
 Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
 Attractive market segments and associated growth opportunities
 Emerging trends
 Strategic growth opportunities for the existing and new players
 Key success factors.

Stratview follows a rigorous process for conducting business research from primary and secondary sources to understand the entire market ecosystem. It has several high value market reports in the Aerospace & defence industry. Please refer to the following link to browse through the reports:

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