$119.4 Billion Global C4ISR Market 2017-2022 - Increased Requirement for Situational Awareness in Military Operations is Driving the Market

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Jan 16, 2018, 02:30 ET

DUBLIN, Jan. 16, 2018 /PRNewswire/ --

The "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" report has been added to ResearchAndMarkets.com's offering.

The 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.

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 provide capabilities to protect assets from various enemy defense systems such as air defense and naval defense systems. They ensure operation in hostile environment. Intelligence is expected to be the second fastest-growing segment in the C4ISR market, by application.

The airborne segment is expected to be the fastest-growing segment of the C4ISR market, by platform. The growth in use of various UAVs in the modern warfare systems for intelligence, surveillance & reconnaissance missions has led to the growth of the airborne segment. Development of new communication and data linking technologies for integration of various airborne platforms has also led to the growth of the airborne segment.

North America dominates the C4ISR market, by region. Countries in this region include the US and Canada. The North American C4ISR market is mainly driven by the US Army's overseas missions and the need to safeguard homeland security. The countries in North America are investing in research and development and acquisition of various C4ISR systems and subsystems to shorten mission cycle time and to reduce the number of casualties.

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.

Market Dynamics

Drivers

Increased Requirement for Situational Awareness (SA) in Military Operations
Rising Use of Geospatial Intelligence
Increased Need for Short Mission Cycle Time
Increased Incidences of Asymmetric Warfare

Restraints

High Costs Involved in the Development and Maintenance of C4ISR Systems and Subsystems
Regulatory Hurdles Related to the Transfer of Arms

Opportunities

Development of Secured Networks to Combat Cyberattacks
Rise in the Demand for Next-Generation IP Systems

Challenges

Assurance of the Quality and Accuracy of Information Received By C4ISR
Integration of C4ISR Systems Used By Different Military Arms for Increasing Interoperability
Inability of Existing Electronic Warfare (EW) Systems to Address Diverse Threats
Data Storage and Data Processing

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 C4ISR Market, by Application

8 C4ISR Market, by Solution

9 C4ISR Market, by Platform

10 C4ISR Market, by End User

11 Regional Analysis

12 Competitive Landscape

13 Company Profiles

Bae Systems
Elbit Systems
General Dynamics
Harris
L-3 Technologies
Leonardo S.P.A.
Lockheed Martin
Northrop Grumman
Raytheon
Rheinmetall
Rockwell Collins
Saab
Thales

For more information about this report visit https://www.researchandmarkets.com/research/54b8v7/119_4_billion?w=5

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SOURCE Research and Markets