The global C4ISR market is anticipated to grow at significant CAGR during the forecast period. C4ISR stands for command, control, communications, computers, intelligence, surveillance, and reconnaissance systems. There is high demand for these systems across the globe for defense purpose. These systems consist of various instruments such as land-based radars, aircraft radars, binoculars and so forth. Moreover, these systems provide the military with critical information in minimum time as well as assist in analyzing the obtained data and take proper action as soon as possible.
Browse the full report description C4ISR Market
by Platform (Land, Air, Naval), by Application (Command and Control,
Communication, Intelligence, Surveillance and Reconnaissance) - Industry Size,
Global Trends, Competitive Analysis and Forecast, 2019-2025 at
The major factor driving the growth of the C4ISR market is high demand across the globe for military use. The success of any defense program/event depends upon their ability to gather intelligence and to analyze the collected data as well as a good command and control infrastructure. Military operations can become risky with lack of intelligence and surveillance systems and hence there is high demand for these systems which is ultimately driving the growth of the market. Moreover, high investment by the governments to improve the defense system of a country is assisting in the growth of the market.
There is a huge opportunity for innovation of existing unreliable systems which are bulky and consumes high power which is expected to drive the C4ISR market in the near future. Additionally, due to high demand the production and manufacturing cost of these systems reducing which will further contribute to the growth of the market, as these systems will become affordable for smaller and poor nations. C4ISR systems are seen as a priority for achieving dominance in the modern battlefield owing to which the market will grow even at the time of economic slowdown. However, the low defense budget of countries is expected to hamper the growth of the market.
The key players dominating the C4ISR market include Lockheed Martin Corporation, CACI, Northrop Grumman Corporation, Boeing, BAE Systems, Raytheon, and SAIC. These players adopt various strategies such as mergers & acquisitions, products, and services offering expansion, geographical expansion, and partnership & collaboration to stay competitive in the market. For instance, in April 2019, Lockheed Martin and Raytheon joined hands and signed an agreement for the modernization of old obsolete surveillance and air traffic control radars. The company wants to cap the market as there is high demand for the surveillance system and radio spectrum across America.
Global C4ISR Market- Segment
Global C4ISR Market by Platform
Global C4ISR Market by Application
Global C4ISR Market- Region
North America
Europe
Asia-Pacific
Rest of the World
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