Title: C4ISR Market Worth $154.0 billion by 2028 at a CAGR of 5.2%
1C4ISR Market Worth 154.0 billion by 2028 at a
CAGR of 5.2
The C4ISR Market is projected to grow from USD
113.4 Billion in 2022 to USD 154.0 Billion by
2028, at a CAGR of 5.2 during the forecast
period The increased demand for carrying out
surveillance activities along conflict
areas, the expenditure economies,
rising defense of emerging the increasing
- incidence of terror attacks, and the growing
number of ongoing intercountry conflicts have
led to the growth of the C4ISR market across
the globe. - Additionally, the increasing
- deployment of personnel and weapon systems in
active war zones has resulted in a significant
increase in the demand for C4ISR systems across
the globe. - Download PDF Brochure _at_
- https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id1315 - Based on platform, the airborne segment is
projected to is to lead the market due to the
increased use of communication satellites for
fast and secure data transfer. In September
2020, the US Armys Tactical Exploitation of
National Capabilities office, the Defense
Innovation Unit, contracted Northrop Grumman to
build two new prototype ground stations that
will help the army use satellite imagery for deep
sensing. - Based on application, the intelligence,
surveillance, and reconnaissance segment is
expected to lead due to technological
advancements for mission-critical data. In
September 2020, Lockheed Martin developed signals
intelligence capabilities for the Distributed
Common Ground System, the US Air Forces ISR
system using agile development. In November
2020, L3Harris Technologies was awarded a
firm-fixed- price contract to missionize three
new King Air 350ER aircraft for the Canadian
manned airborne intelligence, surveillance, and
reconnaissance (CMAISR) project. - Based on solution, the hardware segment is
expected to dominate the C4ISR market from 2022
to 2028. The increasing demand for sensors in
next-generation airborne intelligence,
surveillance, and reconnaissance systems, the
need for 5G networks for faster wireless data
transfer, the demand for wired communication
devices underwater and subsurface military
applications, the increasing demand for tactical
navigation systems for unmanned platforms and for
portable, rugged devices for dismounted
soldiers, along with the increasing need for
intelligence gathering will drive the market. - Based on Region, North America is expected to
lead the C4ISR market in 2022, with the US being
the largest market in the region. The increasing
investments in C4ISR
2systems to enhance the defense and surveillance
capabilities of the armed forces, the
modernization of existing military platforms and
critical infrastructure, as well as law
enforcement agencies increasingly using C4ISR
systems are key factors expected to drive the
market in North America. Key Market Players Major
players operating in the C4ISR market include
Lockheed Martin Corporation (US), Raytheon
Technologies Corporation (US), BAE Systems Inc.
(UK), General Dynamics Corporation (US), and
Northrop Grumman (US). These companies have
reliable manufacturing facilities as well as
strong distribution networks across key regions,
such as North America, Europe, and Asia Pacific.
They have an established portfolio of reputable
products and services, a robust market presence,
and strong business strategies. Furthermore,
these companies have a significant market share,
products with wider applications, broader
geographical use cases, and a larger product
footprint. News Also Covered https//www.prnewswi
re.com/news-releases/c4isr-market-
worth-154-0-billion-by-2028---exclusive-report-by-
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