Global C4ISR Market Outlook to 2024: CAGR to Grow at 3% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 13, 2018--The “Global C4ISR Market - Technologies, Market share and Industry Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
Global C4ISR market is expected to grow with the CAGR of over 3% during the forecast period 2017-2024.
Enhanced situational awareness with the use of C4ISR systems, growing demand for geospatial intelligence, escalating demand for short mission cycle time coupled with the growing incidences of asymmetric warfare are also expected to drive C4ISR market globally.
However, high cost associated with C4ISRs, limitation persisting to vulnerability of sensors, and cyber security threats are the major factors that impede the growth of global C4ISR market.
Global C4ISR market report covers three major segments that include application and platform.
The application segment is further sub-segmented into surveillance and reconnaissance, computer, tactical communication, electronic warfare, command and control and others.
The platform segment includes airborne, land and naval. The land based C4ISR segment dominates the platform segment owing to the ability of these systems to integrate and communicate with both airborne and naval systems to improve tactical capabilities.
The electronic warfare segment is expected to grow at the highest rate in the application segment primarily due to increasing cyber security defense budgets owing to growing cyber-attacks globally.
Key players in global C4ISR market are Northrop Grumman (U.S.), Honeywell (U.S.), Raytheon (U.S.), Thales (UK), Lockheed Martin Corporation (U.S.), Curtiss-Wright Corporation (U.S.) and others.
These companies are adopting various strategies such as merger & acquisition, collaboration, partnership and product launch. Whereas, acquisition is the key strategies adopted by the companies in global C4ISR market.
Companies FeaturedAerocomputers, Inc. (US) Curtiss-Wright Corporation (US) Dharma Magna (Canada) Elbit Systems (Israel) General Dynamics (US) Harris Corporation (US) Honeywell (US) Hughes Aerospace (US) Lockheed Martin Corporation (US) Neya Systems, Llc (US) Northrop Grumman (US) Piaggio Aero Industries S. P. A (Italy) Rheinmetall (Germany) Saab Group (Sweden) Thales (France)
Key Topics Covered
2. Market Overview
3. Market Determinants
4. Global C4ISR Market By Platform
5. Global C4ISR Market By Application
6. Competitive Landscape
7. Geographical Analysis
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/hxrnmd/global_c4isr?w=4
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INDUSTRY KEYWORD: DEFENSE OTHER DEFENSE
SOURCE: Research and Markets
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PUB: 07/13/2018 10:45 AM/DISC: 07/13/2018 10:45 AM