Press release
US C4ISR Market Size, Industry Trends, Share and Forecast 2019-2025
The US C4ISR market is estimated to grow at a CAGR of 2.3% during the forecast period. Some of the major factors attributing to the arms production of the US include the presence of major market players in the US, huge defense expenditure sanctioned by the country, and the substantial number of defense research activities. Due to presence of the major market players such as Lockheed Martin Corp., Boeing Co., Raytheon Co., Northrop Grumman Corp., General Dynamics Corp., United Technologies Corp., and L-3 Communications in the country, along with development of the various technology-enabled weapons and strategic military equipment is accelerating and thereby contributing towards the market growth of C4ISR systems.To learn more about US C4ISR Market report request a free sample copy @ https://www.omrglobal.com/request-sample/us-c4isr-market
Rapid growth in the export to other countries is again making a significant contribution towards the market growth. According to the SIPRI, the country's total arms exports have grown by 25.0% between 2008-2012 to 2013-2017. The organization has reported that the US accounted for a share of 34.0% as an arms export leader in 2017, followed by Russia with 22.0%, and France with 6.7%. Therefore, the arms export generates the opportunity for the development of new weapons and equipment enabled with technologies such as C4ISR.
Additionally, the defense budget of the country plays a critical role in the integration of modern technology in the defense sector. According to the SIPRI, the total expenditure of the US was around $649 billion in 2018. The sanctioned defense budget is also being used for the modern techniques of war which as a result increases the demand for the development of C4ISR in the country.
A full report of US C4ISR Market is available at https://www.omrglobal.com/industry-reports/us-c4isr-market
US C4ISR Market Segmentation
By Platform
o Land
o Air
o Naval
By Application
o Command and control
o Communication
o Intelligence, Surveillance and reconnaissance
Company Profiles
o BAE Systems PLC
o CACI International, Inc.
o Cubic Corp.
o Elbit Systems Ltd.
o General Atomics
o General Dynamic Corp.
o Harris Corp.
o L3 technologies, Inc.
o Northrop Grumman Corp.
o Rockwell Collins Inc.
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/us-c4isr-market
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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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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