Press release
Global Combat System Integration Market, Trends, Analysis, Opportunities, Share and Forecast – 2019-2025
Combat System Integration Market
These support systems and subsystems with combat systems need to be integrated in combination with each other on combat platforms that is propelling these market. Combat system integration market has been dominated by many factors such as the latest improvements in naval systems among various nations. The United States will maintain a 37.6% growth momentum. Germany will add over US$1.5 Billion to the region's size and clout in the next 5 to 6 years. Over US$2.7 Billion worth of projected demand in the region will come from other emerging Eastern European markets.
The Combat System Integration Market is expected to exceed more than US$ 44.50 Billion by 2025 at a CAGR of 34.7% in the given forecast period.
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The large combat ships platform segment has been sub-segmented as destroyers, frigates, cruisers, and amphibious ships. Among platforms, the submarines segment is estimated to register the highest growth during the forecast period. Large Ships, one of the segments analyzed and sized in this study, displays the potential to grow at over 33.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$14 Billion by the year 2025, Large Ships will bring in healthy gains adding significant momentum to global growth.
In terms of regions, the BRICS combat system integration market is estimated to portray the highest growth during the forecast period. The major drivers for the growth of the BRICS combat system integration market include incessantly increasing defense budgets of China and India. China is developing the titanic force of blue water navy, while India is also solidifying it is submarine and surface warship capabilities.
Key players profiled in the report include QinetiQ Group PLC, Leonardo-Finmeccanica, Raytheon Company, Thales Group, Lockheed Martin Corporation, Saab AB, and BAE Systems PLC., among others.
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