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Combat System Integration Market Worth 25.46 Billion USD by 2022


News provided by

MarketsandMarkets

18 Jan, 2017, 11:30 GMT

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PUNE, India, January 18, 2017 /PRNewswire/ --

The report "Combat System Integration Market by Application (Land-based, Naval, Airborne), Platform (Large Ships, Medium Ships, Small Ships, Submarines, Fighter Aircraft, Combat Helicopters, Armored Vehicles/Artillery), Region - Global Forecast to 2022", published by MarketsandMarkets, the market is projected to grow from USD 4.26 Billion in 2016 to USD 25.46 Billion by 2022, at a CAGR of 34.7% during the forecast period, 2016 to 2022.

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Browse 93 market data Tables and 60 Figures spread through 172 Pages and in-depth TOC on "Combat System Integration Market"

http://www.marketsandmarkets.com/Market-Reports/combat-system-integration-market-257282219.html
Early buyers will receive 10% customization on this report.

This growth can be attributed to the increasing incidences of armed conflicts and terror attacks, which are driving the demand for combat systems, globally.

Among all platforms, the submarine segment led the combat system integration market 

Based on platform, the submarine segment is anticipated to lead the combat system integration market from 2016 to 2022. Submarine is widely used by military forces worldwide for varied applications such as patrolling, target acquisition, tracking, and surveillance. Emerging countries such as China and India, among others are developing a large force of submarines. These countries are investing in Air-Independent Propulsion (AIP) technology and focusing on the manufacture of nuclear submarines. For instance, China launched the world's largest nuclear submarine known as TYPE 032 in 2010. India is also building six new nuclear submarines; in 2016, the country commissioned its new nuclear submarine, INS Arihant. Such developments are expected to fuel the growth of the combat system integration market in the submarine segment.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=257282219

 The naval application segment is anticipated to grow at the highest CAGR during the forecast period 

The combat system integration market has been segmented and analyzed on the basis of application into naval, airborne, and land-based. Based on application, the naval segment is projected to grow at the highest CAGR from 2016 to 2022. This growth is primarily driven by increase in the number of navy combat system modernization programs, procurement of new military equipment, and rise in defense spending, globally.

The U.S. and the U.K. to be opportunistic markets for combat system integration 

The U.S. and the U.K. are expected to be key markets for combat system integration in the coming years; this market in the U.S. is projected to grow at the highest CAGR during the forecast period. Growth of the combat system integration market in G7 nations is mainly attributed to the increasing research & development activities undertaken for the development of advanced technology-based designs of combat systems. Integration helps in troubleshooting, maintaining, and repairing not only radars and communications systems but also flight controls and weapons systems.

Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=257282219

Leading players in the combat system integration market include Lockheed Martin Corporation (U.S.), BAE Systems PLC (U.K.), Raytheon Company (U.S.), Saab AB (Sweden), and Thales Group (France), among others.


Browse Related Reports 

Integrated Bridge Systems Market by Platform (Commercial Ships, Naval Warships), Component (Small Ship IBS, Medium Ship IBS, Large Ship IBS), Size (Small Ships, Medium Ships, Large Ships), Module, Software Providers, Region - Global Forecast to 2021

 http://www.marketsandmarkets.com/Market-Reports/integrated-bridge-system-market-140505598.html

C4ISR Market by Platform (Land, Naval, Airborne) Application (Command & Control, Communications, Computers, ISR, EW) Component (Networking Technologies, Communication Networks, Display Consoles, Software, EW Hardware) and Region - Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/c4isr-market-1315.html

Subscribe Reports from Aerospace &Defence Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets     

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


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