DUBLIN, Feb. 19, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/266br7/global_c4isr) has announced the addition of the "Global C4ISR Market - By Platform, Region And Vendors - Forecasts And Trends (2015-2020)" report to their offering.
C4ISR refers to Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance. The global C4ISR industry is highly competitive, with a large number of suppliers thriving to gain supremacy of this highly profitable market. The global C4ISR market registered revenue $99 billion in 2015 and is expected to touch $125.46 billion by 2020 at a CAGR of 4.85% over the forecasted period.
The C4ISR market will witness Moderate growth. The demand for networked communication, sensor upgrades, intelligence and electronic warfare systems will increase among developing countries. One major reason for the moderate growth of the market in the global scenario is that there have been considerable cuts in the budgeted expenditure in market of developed nations, specially the United States and the cost of former systems is quite high. But post 2020, sea based systems will register improved rates of growth all over the world, including in the North American and European markets.
Further, there will also be a quantum shift in technology. The market is expected to register tremendous growth in the Asian powers of India and China. India specially has been battling with its neighbors and terrorist organizations that are using these capabilities to full effect. The spiked defense budget in India to counter the external forces opens up new opportunities for C4ISR market in the country. Growing domestic production, coupled with government incentives would drive the market for sea based C4ISR systems in Asia and Middle Eastern countries.
One major reason for the moderate growth of the market in the global scenario is that there have been considerable cuts in the budgeted expenditure in market of developed nations, specially the United States and the cost of former systems is quite high. But post 2020, C4ISR systems will register improved rates of growth all over the world, including in the North American and European markets. Further, there will also be a quantum shift in technology. The market is expected to register tremendous growth in the Asian powers of India and China. India specially has been battling with its neighbors and terrorist organizations that are using these capabilities to full effect. The spiked defense budget in India to counter the external forces opens up new opportunities for C4ISR market in the country. Growing domestic production, coupled with government incentives would drive the market for C4ISR systems in Asia and Middle Eastern countries.
In C4ISR, airborne systems are seeing the highest demand and growth rates. This segment will account for the highest share in the C4ISR market in the coming future. Also the demand for networked communication, sensor upgrades, intelligence and electronic warfare systems will increase among developing countries.
Harris Corporation, Rheinmetall Defense, Raytheon are some of the important players in the Global C4ISR Market. The market been segmented by Type (Command & Control, ISR, Computer, Communication, Electronic Warfare), by Platform (Land Based, Air Based, Sea Based, Space Based) and Region (North America, South America, Europe, Asia Pacific, Middle East & Africa).
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Overview And Technology Trends
4. Market Dynamics
5. Global C4Isr Market, By Type
6. Global C4Isr Market, By Platform
7. Global C4Isr Market, By Geography
8. Competitive Landscape
9. Key Vendor Analysis
10. Future Outlook Of The Market
Companies Featured
- BAE Systems Plc
- Caci International Inc
- Elbit Corporation
- General Atomics
- General Dynamics
- Harris Corporation
- Kratos Defense And Security Solution
- L3 Communication Systems
- Lockheed Martin
- Momentum Aeropsace Group
- Northrop Grumman Corporation
- Rheinmetall Defense
- Rockwell Collins Inc
- Thalesraytheon System
For more information visit http://www.researchandmarkets.com/research/266br7/global_c4isr
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