C4ISR Market by Component (Networking Technologies, Communication Networks ) and Region - Forecast

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MarketsandMarkets Presents
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 The command, control,
communications, computers, intelligence,
surveillance reconnaissance (C4ISR) market is
estimated to be valued at USD 93.80 Billion in
2016 and is projected to reach USD 110.78 Billion
by 2021, at a CAGR of 3.38 from 2016 to 2021
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On the basis of application, the C4ISR market
has been subsegmented into intelligence,
surveillance reconnaissance communications
command control and electronic warfare. The
intelligence subsegment in C4ISR market is
projected to grow at the highest CAGR during the
forecast period. Sample pages of the Report
http//www.marketsandmarkets.com/requestsample.a
sp?id1315 Airborne systems will have the
highest CAGR across all platforms and will
account for 40 of the market share in the
forecast period. There will be an increasing
demand in UAVs, Sensors, Synthetic Aperture
Radars, Mobility Solutions, Geo-spatial
Solutions, and Cyber security. Unmanned systems
will present a large growth area for C4ISR
technology.
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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. Report Information http//www.market
sandmarkets.com/Market-Reports/c4isr-market-1315.h
tml The C4ISR market is a diversified and
competitive market, with the presence of a large
number of players. The market is dominated by
companies based on their core competencies. Key
players in this market include Raytheon Company,
Northrop Grumman Corporation, Lockheed Martin
Corporation, Rockwell Collins Inc, BAE Systems,
and Elbit Systems.
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