C4ISR Market Emerging Trends and Company Profiles to Watch-Lockheed Martin, Northrop Grumman, Elbit Systems, Leidos in 2017-2025
The rapid technological developments in defence industry, particularly C4ISR which is system of many complex sub-systems. The defense systems manufacturing companies are trying to keep up with the technological advancements and are investing significant part of their revenues in R&D activities.
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Military strategists are modifying their strategies which needs more integrated solutions in order to perform an asymmetric electronic warfare. C4ISR systems are considered as an optimum an important tool in order to enhance their defense activities. These factors fuel the global C4ISR market.
Global C4ISR Market: Market Drivers
The major market driver for C4ISR market is increase in sales for cybersecurity, GPS/navigation, unmanned sea vehicles, and missile defense systems. Frequent terror attacks across the borders in many countries is also major driver for the C4ISR market.
The C4ISR systems are also being increasingly adopted by border protection agencies as they offer electro optic solutions for surveillance operations which is advanced supplement for Radar technologies. New technologies like commercial-off-the-shelf (COTS) hardware and software and the Internet of Things (IoT) is expected to fuel the global C4ISR market.
Some of the key challenges in C4ISR market is current government measures like reduction in defence budgets primarily in western countries is impacting the growth the global C4ISR market.
Global C4ISR Market: Segmentation
The Global C4ISR market is segmented based on the platform, by Application and by region.
On the basis of platform Global C4ISR market is segmented, air-based, Naval based and Land based platforms.
On the basis of application Global C4ISR market is segmented into Command & control, communications, computers, surveillance & reconnaissance.
On basis of region global C4ISR Market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific and Middle East & Africa (MEA).
Global C4ISR Market Overview:
North America C4ISR Market is expected to have the major market share during the forecast period due to presence of large military capabilities. The C4ISR Market is followed by Asia Pacific primarily from china and India. Europe C4ISR Market is also expected to have significant market share during the forecast period.
Global C4ISR Market Key Market Players:
Some of the Key players in C4ISR Market include Lockheed Martin Corporation, Northrop Grumman Corporation, Elbit Systems Ltd., QinetiQ Group plc, Leidos, Inc., Raytheon Company, and Harris Corporation
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The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
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