Stratview Research publishes a new report titled C4ISR Systems Market which is segmented by Platform Type (Land, Airborne, Naval, and Space), by Application Type, (Command and Control; Communication; Computers; Intelligence, Surveillance and Reconnaissance; and Electronic Warfare), by Solution Type (Products and Services), by End-User Type (Defense and Commercial), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Market Insights
The C4ISR systems market was estimated at USD 120 billion in 2021 and is likely to grow at a CAGR of 4.14% during 2022-2028 to reach USD 159.89 billion in 2028.
Market Dynamics
The growth in the global C4ISR systems market is driven by a number of factors including–
• Rising need for enhanced integrated situational awareness – In today’s complex battlefield, militaries need to be able to quickly and accurately gather and share information in order to make informed decisions. C4ISR systems provide the technologies necessary to achieve this goal. The US government is planning to invest in the development of small satellite constellations in the Low Earth Orbit (LEO) to obtain enhanced space-based SA capabilities.
In January 2023, a business unit of Raytheon Technologies Corporation US – Raytheon Intelligence & Space (RI&S) was awarded a contract to develop a prototype missile track custody (MTC) – the US Space Force’s first medium earth orbit missile tracking system for the US Space Force.
• Rising modernization and upgradation – Global defense investments and expenditure has been rising continuously in the last decade. Governments are focusing on innovations and modernization in the military systems and upgrading weapons and defense products. This simultaneously increases the demand for advanced C4ISR systems to replace outdated technologies.
• Geopolitical Tensions – Security threats and geopolitical tensions across the globe are on the rise. The need for real-time intelligence and effective surveillance in military operations and border security fosters the deployment of sophisticated surveillance and reconnaissance systems within C4ISR frameworks. This augments defense capabilities further driving the adoption of C4ISR systems to enhance situational awareness, and response capabilities and allow informed decisions.
• Technological advancements and network-centric warfare – Rapid advancements in technologies, communication, data processing, etc. have facilitated the development of more capable and interconnected C4ISR systems. The shift towards innovative network-centric warfare strategies also propels the demand for integrated C4ISR systems.
Why is this report beneficial?
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
It also offers –
- Market Overview
- Key Manufacturers Profiles
- Market Analysis by Region
- Market Segment by Type
- Market Segment by Application
- Raw Material and Supply Chain
- Other Key Research Findings
All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.
Key players active in the market –
The following are some of the key players in the C4ISR Systems Market:
• General Dynamics
• Elbit Systems
• L-3 Technologies
• Thales Group
• Harris Corporation
• Leonardo S.p.A.
• Rheinmetall Group
• Saab.
Customization of the report –
At Stratview Research, the market researchers make a note of opportunities, drawbacks/bottlenecks, estimations, and information related to the market using experienced skills and verified methodologies. Our research reports offer an exceptional experience of innovative solutions and outcomes to the users. If required, user can also opt for customization of the report.
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