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Asia-Pacific C4ISR Market Size, Share and Forecast 2019-2025

02-12-2020 12:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Asia-Pacific C4ISR Market

Asia-Pacific C4ISR Market

Asia-Pacific C4ISR market is estimated to grow at a CAGR of 4.8 % during the forecast period. This is attributed to the increase in military expenditure in the emerging economies of the region such as China, India, and South Korea. According to SIPRI, China spent around $250 billion in 2018 as compared to around $227 billion in 2017. Further, India and South Korea spent $66.5 billion and $43 billion in 2018 as compared to around $64 billion and $39 billion in 2017, respectively. These economies are significantly focusing on the disposition of advanced system and services for its military sector, which includes the up gradation of sensor and intelligence warfare systems.

The market is segmented on the basis of platform and applications. Based on platform the market is sub-segmented into land, air, naval. Based on application, the market is segmented into command and control, communication, intelligence, surveillance and reconnaissance. Based on country the Asia-Pacific C4ISR market is segmented into China, Japan, and India.

To learn more about Asia-Pacific C4ISR Market report request a free sample copy @https://www.omrglobal.com/request-sample/asia-pacific-c4isr-market

Furthermore, China and India have been significantly investing in the development and acquisition of UAVs. In India, the Defense Research and Development Organization (DRDO) is highly engaged in the development of UAVs, such as Nishant, AURA, and Rustom. The demand for UAVs for military applications in Asia-Pacific is remarkable due to increasing internal and external security threats and initiatives for modernization by armed forces. UAVs are used for security and surveillance programs, which is of great importance in military applications.

A full report of Asia-Pacific C4ISR Market is available at https://www.omrglobal.com/industry-reports/asia-pacific-c4isr-market

Asia-Pacific C4ISR Market Segmentation
By Platform

o Land
o Air
o Naval

By Application

o Command and control
o Communication
o Intelligence, Surveillance and reconnaissance

Regional Analysis

o China
o Japan
o India
o Rest of Asia-Pacific

Company Profiles

o BAE Systems PLC
o Boeing Co.
o Cubic Corp.
o Elbit Systems Ltd.
o Harris Corp.
o L3 technologies, Inc.
o Lockheed Martin Corp.
o Northrop Grumman Corp.
o Rockwell Collins Inc.
o The Bell Co.

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/asia-pacific-c4isr-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404

About us:

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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