Published on : Jan 12, 2017
ALBANY, NY, Jan 12, 2017: The report analyzes the factors influencing the demand for C4ISR system equipment. It also offers a detailed assessment of key market trends and challenges posing threat to the industry participants. Overall, it forecasts the market to exhibit a sluggish CAGR of 2.85% between 2016 and 2026.
The report has segmented the market into four categories, which are airborne systems, land-based systems, space-based systems, and naval systems. Among the key regional segments, the market in North America is expected to emerge dominant with a share of 44% during the forecast period, followed by Asia Pacific. The rising demand from India, Japan, China, and South Korea will boost the C4ISR market in Asia Pacific. In the European region, the market will witness attractive opportunities in Russia, France, South Korea, and the U.K.
The emergence of asymmetric warfare and increasing demand for integrated solutions and interoperability to better military strategies will bode well for the global C4ISR market. Considering the prevalent scenario, C4ISR systems are considered as important tools for victory during a conflict by several nations worldwide. The recent instances of war waging in Afghanistan and Iraq have also highlighted the growing importance of the C4ISR technology in modern warfare.
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The report projects the demand for land-based C4ISR systems to increase as a rapid pace in response to the greater deployment of network centric warfare principles. These also necessitate the implementation of battlefield communication security systems, command systems, data and sensors, deemed essential for surveillance. Given the purposes they serve, the demand for C4ISR systems is expected to rise at an exponential pace over the course of the forecast period.
The report provides a detailed assessment of various factors influencing the market’s growth. It compiles exhaustive information sourced via proven research methodologies to help stakeholders get a better market perspective. To provide an executive-level blueprint of the vendor landscape if profiles some of the leading companies operating in the global C4ISR market, and evaluates their recent marketing strategies. To study the market’s competitive landscape, the report presents profiles of 17 of the leading companies operating therein. It analyzes their product portfolio, recent contracts and major alliance, and also provides financial analysis covering operating profit, net profit, and overall revenue generated in a given fiscal year.
Apart from this, an in-depth assessment of the latest developments, technological advancements, and the impact of government policies is also included in the report. Information thus included in the report is intended to help both existing players and new entrants determining winning business strategies in the near future.
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