The Global C4ISR Market 2018-2028: Growing Need for Improved Battle-Space Awareness & Network Centric Warfare - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 11, 2019--The “The Global C4ISR Market 2018-2028” report has been added to ResearchAndMarkets.com’s offering.
The Global C4ISR Market 2018-2028 offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for C4ISR systems equipment, key market trends and challenges faced by industry participants.
The Global C4ISR market is projected to grow at a CAGR of 2.76% till 2028.
The demand for C4ISR is anticipated to be driven by the growing need for improved battle-space awareness and network centric warfare. Modern warfare necessitates the need for the identification of threats lurking within the civilian population and the distinction of friend and foe in urban combat scenarios.
Cumulatively, the global market for C4ISR is projected to value US$1.7 trillion over the forecast period and is expected to be dominated by the North American region, followed by the Asia-Pacific and European regions.
The demand for C4ISR systems is also driven by rise of asymmetric warfare and the growing need for interoperability and integrated solutions among military strategists. Given such situations, C4ISR systems are considered by most nations to be the most important tools for victory in a conflict. The wars in Syria, Iraq and Afghanistan have also highlighted the growing importance of C4ISR systems in modern warfare.
In terms of segments, the C4ISR market is split into four segments: land-based C4ISR, airborne C4ISR, naval C4ISR and space-based C4ISR. Demand for land-based C4ISR systems is expected to increase, due to the greater implementation and adoption of network centric warfare principles and the need for advanced military IT capabilities, control systems for surveillance, air defense systems, and reconnaissance platforms such as UAVs and ground radar systems.
Companies FeaturedL-3 Technologies ManTech International Corporation General Dynamics SaaB Group Leonardo S.p.A Kratos Defense & Security Solutions Inc. Raytheon Harris Corporation Rheinmetall Defence Thales Group CACI Boeing BAE Systems
For more information about this report visit https://www.researchandmarkets.com/research/29h7xf/the_global_c4isr?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190111005137/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: TECHNOLOGY NETWORKS SECURITY DEFENSE OTHER DEFENSE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/11/2019 06:24 AM/DISC: 01/11/2019 06:24 AM