Press release
Worldwide C4ISR Market | Growing At A CAGR Of 5% Forecast to 2021
Market Highlights:C4ISR is a critical aspect of the defense departments of many countries. It provides guidance to military commanders in making key decisions by providing valuable information and integrating data from multiple sources. It is also used for communication between commanding officers and military units. It uses different technologies such as C2 systems for command and control, SDR, satellites, and other portable devices for communication; it uses airborne and maritime patrolling and SIGINT for ISR activities.
The C4ISR market has seen steady growth in recent years due to increased spending, especially in the Middle East, and the improving economic conditions of developing countries such as China and India. In addition, the growing use of these systems by civil and federal agencies for law enforcement purposes has also led to market growth. Integrated C4ISR systems are gaining significant acceptance in the market and their use is likely to increase in the next five years as these systems allow easy access to information to take decisions instantly. The defense sector is also increasingly turning to commercial satellites for cost effective communication. Another trend in the market is the growing use of UAV in ISR activities to gather critical information during wartime.
Traditional C4ISR systems use separate stand-alone units and equipment for different functions and were meant for specific mission requirements; this makes it necessary to collect and analyze information from multiple sources and use separate systems and displays, which is time-consuming. To tackle this issue, vendors are now designing integrated C4ISR systems, which provide seamless interoperability among different mutually supporting systems, ease of use, and data security. This also results in cost advantages and process simplifications for OEMs as they do not have to upgrade or integrate existing systems.
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Major Key Players
BAE Systems,
Elbit Systems,
Lockheed Martin,
Northrop Grumman,
Raytheon,
Harris,
Rockwell Collins,
CACI,
Rehinmetall,
Saab AB.
Industry/ Innovation/ Related News:
2015:- The US Department of Defence (DOD) planned on investing USD 2.45 million on the procurement of UAVs such as RQ-4 Global Hawk and MQ-9 Reaper, which provide persistent ISR, targeting, and strike capability.
2014:- Raytheon signed a contract worth USD25.4 million with the U.S. Air Force, for the supply of PMA-290 maritime patrol and reconnaissance aircraft radar system components, along with 32 multi-spectral targeting systems.
2013:- Saab Group had an agreement USD170 million with Saudi Arabia, to supply set of spare parts and support services for the Saab 2000 AEWC, during 2013-2017.
C4ISR Market Segments
For the convenience of the report and enhanced understanding; the C4ISR market is segmented in to three key dynamics
Segmentation by Systems: Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance.
Segmentation by Applications: Land, Air, Naval, and Space
Segmentation by Regions: Comprises Geographical regions –Americas, Europe, APAC and Middle East and Africa.
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Competitive Analysis
In-house manufacturing capabilities, global networks, product offerings, investment in R&D, newer technology, and a strong client base are the key areas of competition between vendors in the global C4ISR market. The global economic recovery, growth of the C4ISR sector, development of new C4ISR systems, R&D and investments in cost-efficient systems, and a lucrative retrofit market have opened up opportunities for players to compete and grow. To survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality solutions with the latest technology and materials.
Lockheed Martin and Northrop Grumman are two of the biggest players in the market that provide information and electronic systems. Their prime focus is on providing cost-effective, integrated, and reliable systems.
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• About you –…
