Leading Growth Driver in the Combat Management System Market in 2025: Impact Of Rising Maritime Security Threats On Combat Management Systems Market Growth Driver's Influence

What Are the Market Size and Growth Forecast for the Combat Management System Market?
The market size for combat management systems has shown robust growth lately. The forecast is that this market will grow from $16.73 billion in 2024 to about $18.29 billion in 2025, with a compound annual growth rate (CAGR) of 9.3%. This prior growth rate is primarily due to the need for better maritime surveillance and reconnaissance, the increasing demand for integrated air defense systems, the growth of naval capabilities in developing economies, and the imperative for enhanced command and control capabilities.

In the coming years, a robust expansion is predicted in the market size for combat management systems. By 2029, it's anticipated to reach $25.77 billion, with a compound annual growth rate (CAGR) of 9.0%. This growth over the forecast period is attributed to factors such as the rise in defense budgets, threats to maritime security, increased need for naval vessels, and a heightened focus on maritime domain awareness. The forecast period also highlights key trends such as the incorporation of artificial intelligence, cloud-based strategies, mobile combat management system solutions, human-machine collaboration, and the integration of unmanned systems.

What Is Driving the Growth Trajectory of the Combat Management System Market?
The escalation of threats to maritime security is predicted to fuel the expansion of the combat management system market. Risks to maritime security encompass a variety of dangers and hurdles that jeopardize the safety and stability of sea-based operations. These threats are on the rise due to factors such as globalization, geopolitical strife, terrorism, and inadequate governance, putting global bodies such as vessels, ports, and maritime infrastructure at risk. Combat management systems improve maritime security by offering real-time situational awareness, aiding threat evaluation, safeguarding forces and providing flexibility for marine operations. As an example, the ICC International Maritime Bureau, under the International Chamber of Commerce (a France-based organization promoting global trade, responsible business behavior, and universal regulation principles), reported in its 2022 annual piracy report that there were 115 incidents of piracy and armed robbery against ships, with 95% of these incidents involving successful boarding of the ships by criminals. Half of these incidents took place in Southeast Asian waters, especially in the Singapore Straits, where the rate of incidents has steadily increased, hitting a seven-year peak in 2022. As such, the escalating maritime security threats are contributing to the expansion of the combat management system market.

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Which Key Market Leaders Are Driving Combat Management System Industry Growth?
Major companies operating in the combat management system market are Raytheon Technologies Corporation, Lockheed Martin Corporation, IBM Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Honeywell International Inc., Mitsubishi Heavy Industries Ltd., BAE Systems PLC, Thales Group, L3Harris Technologies Inc., Hanwha Corporation, Rheinmetall AG, Elbit Systems Ltd., Rockwell Collins Inc., Israel Aerospace Industries Ltd., Naval Group, Saab AB, Indra Sistemas, Kongsberg Gruppen, Cobham plc, Bharat Electronics Limited (BEL), QinetiQ Group plc, Cubic Corporation, ATLAS ELEKTRONIK GmbH, Terma A/S

What Are the Emerging Trends in the Combat Management System Industry?
Major companies in the combat management system market are concentrating on broadening their technological horizons through strategic partnerships to increase their market presence and meet the diverse needs of consumers. Such alliances, formed between companies or organisations, aim to capitalise on each other's technical proficiency, resources, and capacities to innovate and apply advanced technologies. For example, in March 2024, the France-based defense industry company, Naval Group, joined forces with the UAE-based outdoor and marine navigation electronics manufacturer, Marakeb Technologies, to create the national combat management system (NCMS) for the UAE Navy. This is part of a wider initiative to boost the UAE defense and security industries, promote sector growth and deliver national defense solutions that can accommodate future needs. This partnership consists of a wide-ranging technology and knowledge transfer from Naval Group to augment the UAE's defense capabilities and reinforce its maritime standing. The objective of the NCMS project is to endow the UAE Navy with sovereign benefits through control, customisation, and system updates that suit the Navy's demands, hence promoting the progress of UAE defense-industrial capabilities.

What Are the Main Segments in the Combat Management System Market?
The combat management system market covered in this report is segmented -

1) By Component: Software, Hardware
2) By Sub-System: Self Defense Management System, Situational Awareness System, Track Management System, Weapon Management System, Display System, Identification System, Unmanned Vehicle Control System
3) By Platform: Principle Surface Combat, Submarine, Amphibious Ships, Fast Attack Craft And Petrol Boats And Crafts, Other Platforms

Subsegments:
1) By Software: Command and Control Software, Decision Support Software, Communication Software, Simulation Software, Data Analytics And Visualization Software, Cybersecurity Software
2) By Hardware: Sensors (Radar, Sonar), Displays And Consoles, Communication Equipment, Control Panels, Processors And Servers, Power Supply Units

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Which Geographic Area Leads the Combat Management System Market?
North America was the largest region in the combat management system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the combat management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Combat Management System Global Market Report?

- Market Size Analysis: Analyze the Combat Management System Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Combat Management System Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Combat Management System Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Combat Management System Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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