According to the new market
research report "C4ISR Market by Application
(Communication, Command & Control, Computers, Intelligence, Surveillance
& Reconnaissance, and Electronic Warfare), Platform (Land, Naval, Airborne,
and Space), Solution, End User, and Region - Global Forecast to 2022", The
Command, Control, Communications, Computers, Intelligence, Surveillance &
Reconnaissance (C4ISR) market was estimated at USD 100.25 Billion in 2017 and
is projected to reach USD 119.39 Billion by 2022, at a CAGR of 3.56% from 2017
to 2022. Increased requirement for Situational Awareness (SA) in military operations
and rising use of geospatial intelligence are among the factors driving the
growth of the C4ISR market.
Browse
102 market data Tables and 51 Figures spread through 196 Pages and
in-depth TOC on "C4ISR Market - Global
Forecast to 2022"
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Land segment is projected
to account for the largest market share during the forecast period.
The land platform segment is
projected to have the highest market share of the C4ISR market, by platform.
C4ISR systems for land forces include air defense systems, communication
systems, and electronic warfare systems for force protection. Land-based
systems integrate and interact with airborne and naval systems, which provide
new possibilities to enhance tactical capabilities. All major companies are
strongly focusing on the communications part of C4ISR programs, particularly
for land applications. Communication enables interconnection of various soldier
systems to battle management systems and facilitates transmission of data and
images by wireless and wired communication systems.
The electronic warfare
segment is projected to grow at the highest CAGR during the forecast period.
The electronic warfare segment
of the C4ISR market, by application is anticipated to grow at the highest CAGR
during the forecast period. Electronic warfare systems are used for various
electronic attack, electronic support, and electronic defense missions.
Electronic warfare systems provide the capability to operate in hostile
environments by securing various air defense systems. The electronic warfare
segment is expected to witness significant growth in the near future owing to
the various advancements in electronic warfare systems.
Asia Pacific is expected
to witness the highest CAGR in the C4ISR market during the forecast period.
The Asia Pacific region is
expected to experience extensive growth opportunities in the next few years.
The increase in defense spending among countries in the Asia Pacific region has
increased opportunities for C4ISR applications. The rise in conflicts among
neighboring countries in the Asia Pacific region and the threats from growing
terrorism in the region are driving this market in the Asia Pacific region.
With geopolitical tensions in South China Sea and border issues in multiple
countries, procurement of C4ISR systems will increase across the region.
Key players profiled in the
C4ISR market report include Lockheed Martin (US), Raytheon (US), Rockwell
Collins (US), BAE Systems (UK), Thales (France), Leonardo (Italy), Elbit
Systems (Israel), and Northrop Grumman (US), among others.
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