C4ISR Market worth 110.78 Billion USD by 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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Key
players profiled in the C4ISR market report include Lockheed Martin Corporation
(U.S.), Raytheon Company (U.S.), Rockwell Collins, Inc. (U.S.), BAE Systems
(U.K.), and Northrop Grumman Corporation (U.S.), among others.
Land
segment is anticipated to account for the largest market share
Land platform
segment is projected to have the highest market share of C4ISR market, by
platform. C4ISR systems for land forces include weapon systems, tools, and
systems for force protection. Land-based systems integrate and interact with
airborne and naval systems, which provide new possibilities to enhance tactical
capabilities.
All major companies are strongly focusing on communications part
of C4ISR programs particularly for land applications. This enables
communication for land operations; from soldier systems to battle group
systems, from voice to data and image - wireless and wired, and also broadband
communication capabilities via satellite. It also provides customer adapted
systems with interoperability to other systems.
The
communication network segment is projected to grow at the highest CAGR
The communication
network segment of the C4ISR market, by component is anticipated to grow at the
highest CAGR during the forecast period. Communication networks help connect
among various components in the system.
Various devices can be used for wired
and wireless communication network such as fiber optics cables and satellite-based
devices. The communication networks segment is expected to witness significant
growth in near future owing to the various advancements in cyber security,
wired, and wireless technologies.
Browse 89 market data Tables and 83 Figures spread through 203 Pages
and in-depth TOC on "C4ISR Market -
Forecast to 2021"
This ensures faster integration of the
system to the platform and reduces associated costs. Various technological
advancements in the market such as cyber-defense, combat systems, and wind
shear technology, among others have led to the development of enhanced C4ISR
systems.
On the basis of platform, the C4ISR market has been subsegmented into land, naval, and airborne. The airborne subsegment dominates the market in terms of market size, and is expected to continue its dominance over the next five years. However, the land segment in C4ISR market is projected to grow at the highest CAGR during the forecast period.
One of the objective of C4ISR is to facilitate the free sharing of information across defense platforms and enable the creation of and access to a Common Operational Picture.
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