The Future of C4ISR Systems Market in the forecast period (2018-2023) as predicted by Stratview Research

The report on C4ISR Systems to be published by Stratview Research focusses on current trend insights and also predicts about the market condition and its future in the forecast period of 2018 – 2023

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This report, from Stratview Research, studies the global C4ISR Systems market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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Platform Type Segment
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.

Application Type Segment
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.

Region Wise Segment
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.

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Highlights of the Report:
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.

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.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
• 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

Know more about us and our reports:
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This release was published on openPR.