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Key Opportunities and Challenges in the C4ISR Market

12-06-2019 12:28 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

The Command, Control, Communications, Computers, Intelligence, Surveillance & Reconnaissance (C4ISR) market was valued at USD 100.3 billion in 2017 and is projected to reach USD 119.39 billion by 2022, at a CAGR of 3.56% from 2017 to 2022. The objectives of this study are to analyze the C4ISR market along with the statistics from 2017 to 2022 as well as to define, describe, and forecast the C4ISR market on the basis of application, platform, solution, end user, and region. The base year considered for the C4ISR market study is 2016, and the forecast period for this study is from 2017 to 2022.

https://www.marketsandmarkets.com/Market-Reports/c4isr-market-1315.html

The development of new technologies has led to further modernization of C4ISR systems. There have been various technological advancements in terms of how the militaries develop, work with, and use geospatial technology. Presently, defense organizations embed geospatial capabilities directly into the mainstream C4ISR applications. This has resulted in C4ISR systems combining multiple types of geospatial data collected from satellites by using different types of sensors.

Among solutions, the services segment is expected to lead the C4ISR market during the forecast period. The increase in the requirement of various support services such as simulation & training as well as logistics & maintenance services to increase the operationality and better supply chain management of these systems have led to the growth of the solutions market.

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Among applications, the electronic warfare segment is projected to grow at the highest rate during the forecast period. The growth in this segment can be attributed to the increased threats from various air defense systems and advanced naval systems. These systems have led to the requirement of various electronic attack, electronic protection, and electronic support systems for increasing survivability while operating in hostile areas.
Based on end user, the defense segment is expected to be the fastest growing end-use segment. Large-scale modernization and development of new C4ISR technologies have contributed to its growth. These include technologies such as network centric warfare, secure communication systems, electronic warfare systems, and new generation ISR systems. Requirement for information security for protection from various cyberattacks is another factor driving the defense end-use segment.

Based on platform, the airborne platform is the expected to be the fastest-growing segment. This growth is attributed to the development of new generation UAV systems. These systems are increasingly being used for ISR missions and form an important part of C4ISR systems. Various countries are focusing on developing combat UAVs for increasing their operational capabilities.
Asia Pacific is expected to be the fastest-growing C4ISR market during the forecast period. Countries in this region are upgrading their surveillance abilities by upgrading their C4ISR networks. China is expected to drive the Asia Pacific C4ISR market. Countries such as South Korea, China, and India are investing in these systems, which is a good opportunity for the C4ISR systems manufacturers. The increase in defense spending among countries in the Asia Pacific region has led to an increase in the opportunities for C4ISR applications. The rise in conflicts among neighboring countries in the Asia Pacific region and the threats from growing terrorism in the region are also driving the C4ISR market in this region.

Key players profiled in the C4ISR market report include Lockheed Martin (US), Raytheon (US), Rockwell Collins (US), BAE Systems (UK), Thales (France), Elbit Systems (Israel), Leonardo (Italy), and Northrop Grumman (US), among others.

Mr. Shelly Singh
MarketsandMarkets™ INC.
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USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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