C4ISR is a blanket term for Command, Control, Communications, Computer, Intelligence, Surveillance, and Reconnaissance. These systems are used to gather and propagate information through agencies working for any mission. These systems help ensure that decision makers are able to meet any eventuality. Market Research Future (MRFR) has recently published an in-depth report on the global C4ISR market and has asserted that the market would expand at a CAGR of 7.02% over the forecast period of 2017-2023.
C4ISR is an indispensable part of the defense architecture of multiple countries as they help the army with actionable information in critical situations in minimum time. Military commanders utilize C4ISR to take vital decisions. The use of C2 systems for command and control, SDR, satellites, airborne and maritime patrolling and SIGINT for ISR activities, and other portable devices for communication is commonplace in the defense sector which generates massive demand within the C4ISR market. Due to the increasing threat from terrorists, rise in cross border conflicts, and increasing incidence of guerilla warfare, the defense sector of different countries has deployed C4ISR systems which have driven the C4ISR market majorly.
The governments in various countries are also leveraging C4ISR systems for border control, protection of national security from cybercrimes, and terrorist threats. C4ISR also finds application in the aerospace industry. Increasing government funding is fostering the C4ISR market growth. Technological advancement in C4ISR technology has further induced high demand within the market. Other factors substantiating the growth of the market include augmenting need for situational awareness (SA) in military operations and the initiation of modernization programs in the defense sector.
Segmentation
The global C4ISR market has been segmented based on system and application.
By system, the C4ISR market has been segmented into command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance.
By application, the C4ISR market has been segmented into land, air, naval, and space.
Regional Analysis
Region-wise, the C4ISR market has been segmented into the Americas, the Middle East & Africa (MEA), Europe, and Asia Pacific (APAC).
The Americas accounted for the largest share of the market in 2016, approximately 44% of the global market. The clustering of major market players in the region who are involved in rigorous R&D activities has favored the growth of the market. The region is technically advanced with advanced capabilities, the US and Canada being the key contributors to the market. Moreover, military expenditure is considerably high in the region, especially in the US, which generates substantial demand within the market.
Europe is likely to be an important revenue pocket for the C4ISR market. The region is currently witnessing political and economic instability in countries such as Portugal, Greece, Ireland, Cyprus, and Ukraine, which has led to large-scale deployment of the C4ISR market. The Europe region is at threat from the influx of illegal immigrants from countries such as Syria, Iraq, and Libya. This has escalated the risk of instability in the region which necessitate the deployment of C4ISR systems in the region. Moreover, European countries such as France, Germany, Russia, Turkey, and the UK are investing in C4ISR systems to assure greater control over turbulent and unrest situations.
Competitive Landscape
Top key players C4isr Market General Dynamics Corporation (U.S.), Elbit Systems Ltd (U.S.), Thales Group (France), Rockwell Collins(U.S.), Harris Corporation (France), Lockheed Martin Corporation (U.S.), Raytheon Company (U.S.), L-3 Technologies, Inc. (U.S.), Northrop Grumman Corporation (U.S.), and BAE Systems (U.S.) are the notable players in the C4ISR market.
Industry Updates
June 2019 - The U.S. Air Force Installation Contracting Agency (AFICA) awarded a Task Order totaling USD 75M to support the Naval Information Warfare Center (NIWC) Pacific to Alion Science and Technology. Under the contract, the Alion team will support the US Marine Corps and Army programs for On-the-Move (OTM) Systems for the Joint Warfighter. It includes the provision of technical expertise to develop operational concepts for SATCOM-OTM across multiple weapon system platforms.
C4isr Market Forecast Trends Report Information by System (Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance), by Application (Land, Air, Naval, and Space), and by Region - Forecast to 2023 @ https://www.marketresearchfuture.com/reports/c4isr-market-1241