20-Dec-2018 | Zion Market Research
Zion Market Research has published a new report titled “C4ISR Market by Platform (Land, Air, Sea, and Space), by Application (Command & Control, Computers, Communication, Intelligence, Surveillance & Reconnaissance, and Electronic Warfare), and by End-Use (Defense and Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024”. According to the report, the global C4ISR market accounted for USD 99.1 billion in 2017 and is expected to reach USD 127.2 billion globally by 2024, at a CAGR of around 3.6% between 2018 and 2024.
C4ISR systems provide data capture, assessment, manipulation, and distribution in a protected network-centric environment. These systems are preliminarily used in the defense sector and government agencies. All these systems collectively provide warfighters and generals with information that help them in making critical decisions. C4ISR is used for raising situational awareness. All components of C4ISR systems need to operate together for its proper functioning.
Browse the full "C4ISR Market by Platform (Land, Air, Sea, and Space), by Application (Command & Control, Computers, Communication, Intelligence, Surveillance & Reconnaissance, and Electronic Warfare), and by End-Use (Defense and Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024" Report at https://www.zionmarketresearch.com/report/c4isr-market
The increasing demand for surveillance systems is likely to fuel the rise of the C4ISR market in the forthcoming years. C4ISR consists of surveillance systems that are used for security purposes. In 2017, the global security equipment in city surveillance surpassed USD 3 billion. It is projected that from 2016 to 2021, the global market for city surveillance will grow at a rate of 14.6% annually. Furthermore, the introduction of smart cities is projected to fuel the C4ISR market in the future, owing to the utilization of surveillance systems.
The rising demand for communication systems will fuel the C4ISR market growth over the forecast timeframe. Due to the increasing adoption of unmanned vehicles, such as drones for various defense applications, communication systems have become an integral part of security systems. Communication systems for the defense sector have to provide secure and rapid transmission of data. C4ISR systems provide various benefits, such as capture, transmission, reception, and distribution of information. Furthermore, the growing investments related to defense technology are projected to further boost the C4ISR market. Developing economies, such as India and China, are investing in defense technology. The Indian army’s expenditure regarding ISR systems is projected to surpass USD 6 billion by 2020, which, in turn, is expected to further propel this market in the future.
The C4ISR market is segmented into platform, application, application, and end-use. By platform, the C4ISR market is fragmented into land, air, sea, and space. Command and control, computers, communication, intelligence, surveillance and reconnaissance, and electronic warfare form the application segment of this market. The surveillance and reconnaissance segment is likely to witness considerable growth in the C4ISR market over the estimated time period, due to the rising demand for unmanned surveillance vehicles. Defense and commercial comprise this market’s end-use segment. The defense segment is further segmented into military and government agencies. Government agencies are anticipated to grow significantly over the forecast period, owing to the increasing government investments made in adopting these control systems.
By region, North America is likely to witness a significant surge in the C4ISR market in the estimated time period. The U.S. is anticipated to be the most attractive market in this region, owing to the rise in the initiatives related to space exploration projects and various technological breakthroughs. In Europe, the UK, France, and Germany are projected to drive the region’s C4ISR market, particularly due to the rising demand for aircraft.
Some of the top players of the C4ISR market are Raytheon, Lockheed Martin, Bae Systems, Rockwell Collins, Elbit Systems, General Dynamics, L-3 Technologies, Harris Corporation, Rheinmetall AG, Leonardo S.P.A., Thales Group, and Saab Group among others.
This report segments the global C4ISR market into:
Global C4ISR Market: Platform Analysis
Global C4ISR Market: Application Analysis
Global C4ISR Market: End-Use Analysis
Global C4ISR Market: Regional Analysis
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651