Dallas, TX -- (SBWIRE) -- 03/21/2014 -- According to the new market research report the"C4ISR Market (Command, Control, Communications, Computers, Intelligence, Surveillance, Reconnaissance, Land Systems, Airborne Systems and Naval Systems) Forecasts 2014 - 2019",C4ISR market is estimated to be $83.13 billion in 2014 and is expected to register a CAGR of 2.28% to reach $93.04 billion by 2019.C4ISR systems will remain a priority in the years to come. C4ISR and military capabilities have evolved rapidly and will continue to do so in the forecast period. Efficient C4ISR systems will prevent collateral damage and keep the soldiers safe. C4ISR systems will play a key role in combating modern warfare.
The global C4ISR market is estimated to be $83.13 billion in 2014 and is expected to register a CAGR of 2.28% to reach $93.04 billion in 2019. The growth regions will be Middle East, and Asia-Pacific. Russia, India, Brazil and Indonesia will show consistent levels of growth.
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Browse 71 tables and 76 figures spread through 181 pages and in-depth TOC on "C4ISR Market (Command, Control, Communications, Computers, Intelligence, Surveillance, Reconnaissance)"
C4ISR is divided into C4 (Command, Control, Communications & Computers) and ISR (Intelligence, Surveillance and Reconnaissance)The C4ISR market can be split as 40 % of C4 and 60% of ISR With respect to platforms, airborne is 40%, land-based is 38% , naval is 15% and space is around 7 %. Airborne Systems will have the highest the CAGR across all platforms.The typical lifecycle of a C4ISR system is 10-12 years and software and hardware updates take place midlife. Software and hardware updates do not occur in isolation and they are interdependent. The research and development process generally consumes around 3-4 years.
This report provides a market analysis of the global C4ISR market over the next five years. It provides an in-depth analysis of drivers, challenges, and restraints impacting the industry. It also discusses about the industry, market, and technology trends that are currently prevailing in the global C4ISR market. It tracks, analyzes, and lays out the market size of the major defense spenders in each region and provides market share by sub-category i.e. C4 and ISR. The report also analyzes the market share by procurement, integration, and maintenance. It provides information about the leading competitors in the global C4ISR market and apart from a general overview of the companies; it also provides details on their financial positions, key products, their unique selling points, and key developments. This research report also segments the market on the basis of C4ISR architecture, platform, geography, country, forecasting revenues, market share, and analyzing trends in each of the sub-sectors.
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The continued requirement for integrated solutions and interoperability will be the driving factors for the global C4ISR market. Joint ventures have played a significant role in winning C4ISR contracts across the defense industry. Austerity leading to defense budget cuts are said to continue at least till 2016 in two major western markets, namely United States and the United Kingdom. The primary market players are from the United States and Europe; these players have the technical know-how and are now looking towards the emerging economies. Transitioning markets include most of the major emerging countries like Turkey, Indonesia, Australia, and Brazil. The current trend of the market is its transition towards faster and efficient systems. The market requires more consolidation and integration of C4ISR systems across all platforms to gain a competitive advantage.
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