The Report The Global C4ISR Market 2016-2026 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz
Albany, NY -- (SBWIRE) -- 04/06/2017 -- MarketResearchReports.biz has recently announced the addition of a report titled "The Global C4ISR Market 2016-2026" to its offering. The report deals with the current market developments, trends, opportunities, deterrents, and catalysts of the market.
Command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) services offer technical expertise and practical solutions for intelligence, information, and command and control (C2) domains. As counter radio electronic warfare systems (CREW) are gaining increasing demand, the global C4ISR market will gain significant momentum over the next few years. CREW systems are portable, user-friendly, and offer exceptional protection performance. They can efficiently neutralize radio-controlled improvised explosive devices (RCIEDs), apart from providing the military with a tactical advantage via its ability to interrupt an IED's communications links. Not only can they function in extreme temperatures, they can also save significant amount of energy.
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Growing use of iOS-based and Android devices by the military is a key trend in the global market for C4ISR. These devices are primarily adopted in mobile applications such as software engineering directorate (SED) and activities pertaining to military mobilization network integration evaluation (NIE).
Based on platform, the global market for C4ISR has been segmented into airborne systems, space-based systems, naval systems, and land-based systems. Of these, land-based systems are expected to dominate by 2026, expanding at a promising CAGR the market over the forecast period. The growth of this segment can be attributed to the increasing deployment of network centric warfare (NCW) principles. The implementation of this strategy involves the use of data and communication security systems, battlefield command systems, and sensors for observation and surveillance platforms. As a result, the demand for C4ISR will witness an upsurge, promoting the growth of the market.
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Based on geography, the key segments of the global market for C4ISR include Europe, Asia Pacific, North America, and the Rest of the World (RoW). North America is likely to surface to the fore, accounting for the largest share in the global market by the end of 2026. The ongoing development and manufacturing of electronic warfare (EW) attack devices as well as sensor systems, along with the upgrading of warfare system across North America is responsible for this region's prominence. Asia Pacific offers ripe opportunities for the growth of the C4ISR market owing to increasing defense expenditures. Moreover, the mounting investments for boosting C4ISR capabilities in countries such as Argentina and Brazil are also lending a hand to the expansion of the market.
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The competitive landscape of the global C4ISR market is fragmented in nature, thanks to the existence of several market players. Some of the prominent companies operating in the market for C4ISR are Rockwell Collins, Inc., Lockheed Martin Corporation, BAE Systems, Raytheon Company, Elbit Systems, Thales Group, Booz Allen Hamilton, Harris, General Dynamics Mission Systems, CACI, Kongsberg Gruppen, and Northrop Grumman Corporation.
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