Press release
Combat Management System Market is Forecasted to Reach US$ 447.93 million in 2028, Says Stratview Research
Stratview Research, a global market research firm has launched a report on the global combat management system market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/661/combat-management-system-market.html#form
Report Highlights:
Market Size in 2028: US$ 447.93 million
Growth (CAGR): 5.05% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Combat Management System Market:
The global combat management system market is segmented based on sub-system type, component, platform type, and region.
Based on sub-system type - The combat management system market is segmented into self-defense management systems, identification systems, weapon management systems, track management systems, display systems, situational awareness systems, and unmanned vehicle control systems. The unmanned vehicle control systems segment is estimated to depict the highest growth, driven by the rising acceptance of unmanned vehicles, such as UAVs, UUVs, and UGVs in naval combat operations, during the forecast period.
Based on component type - The market is segmented into software and hardware. The hardware segment has been further sub-segmented into control consoles, combat data centers, and data network switchers. The software segment dominated the market in 2022 and is also anticipated to register higher growth during the forecast period. The growth of the segment can be attributed to the high development cost of software, which is based on the intricate architecture of the combat management system.
Based on platform type - The market is segmented into destroyers, submarines, frigates, amphibious ships, corvettes, fast attack craft (FAC), and aircraft carriers. The corvette segment is estimated to witness the highest growth during the forecast period, owing to the rise in deliveries of corvettes across the globe.
To know the most attractive segments, click here:
https://www.stratviewresearch.com/661/combat-management-system-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific market is projected to account for the highest growth in the coming five years. This growth outlook is majorly attributed to the following-
• China, India, and Japan are the growth engines of the region and are also, exceedingly investing in the development of future-centric naval technologies. The market is driven by the growing ship-building activities and the rising deliveries of combat vessels in the region.
• North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Combat Management System Market Drivers:
Some of the key drivers listed in the report are given below.
Some of the prime drivers contributing to the growth of the market comprise the rising demand for advanced situational awareness systems in naval ships and submarines and the upsurge in the upgradation of combat management systems by different navies across the globe.
Top Companies in the Combat Management System Market:
Stratview Research has identified the following companies as the top market players.
• BAE Systems plc
• Elbit Systems Ltd.
• Israel Aerospace Industries Ltd.
• Kongsberg Gruppen
• Lockheed Martin Corporation
• Leonardo S.p.A.
• Northrop Grumman Corporation
• The Raytheon Company
• Saab AB
• Thales Group
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Combat Management System Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Space Situational Awareness Market: https://www.stratviewresearch.com/599/space-situational-awareness-market.html
• Combat System Integration Market: https://www.stratviewresearch.com/710/combat-system-integration-market.html
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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