Market Forecast
Global Command and Control Systems Market is projected to reach USD 44.69 Billion and register a CAGR of 4.7% between 2019 and 2026. The increasing need for enhanced situational awareness to support decision-making and rising defense expenditure are primarily driving the growth of the market. Additionally, the adoption of space-based command and control infrastructure is driving the growth of the Command and Control Systems Market further.
Market USP
Increasing need to upgrade command and control systems.
Growth Opportunities in the Market
Fixed command centers segment is expected to grow at the highest rate: The fixed command centers segment is also expected to grow with the highest CAGR during the forecast period, 2019 to 2026. The growth can be attributed to the high utilization of fixed command centers by military and commercial organizations globally. From the fixed command centers, officers can survey critical infrastructure and manage military missions.
Solution segment is expected to witness the highest growth in the market: The solution segment accounted for the largest market share in 2019 and is expected to register the highest CAGR during the review period. This is due to the increasing demand for command and control solutions such as threat intelligence & response management, communication systems & data links, military situational awareness, and identity & access management.
Land segment accounted for the largest share in 2019: The land segment accounted for the largest share in 2019. This is due to the increasing use of land-based solutions for many defense applications such as intelligence, tracking, surveillance, and missiles and fire control, among others.
The airborne segment is expected to register the highest CAGR during the forecast period.
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Key Players
- BAE Systems Plc (UK)
- Elbit Systems Ltd (Israel)
- General Dynamics Corporation (US)
- L3harris Technologies (US)
- Leonardo Spa (Italy)
- Lockheed Martin Corporation (US)
- Northrop Grumman Corporation (US)
- Raytheon Company (US)
- Rheinmetall AG (Germany)
- Thales Group (France)
Other Prominent Players
- Airbus SAS (Netherlands)
- Indra Sistemas (Spain)
- Israel Aerospace Industries (Israel)
- Kongsberg (Norway)
- Saab AB (Sweden)
- United Technologies Corporation (US)
May 02, 2019: The global command and control systems market size is anticipated to reach USD 25.04 billion by 2025, registering a CAGR of 3.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing military budgets of Asian countries, such as China and India, rising influence of terror groups in Iraq, Syria, and Palestine, and technological advancements in defense industry are anticipated to fuel the Command and Control (C2) demand.Geopolitical conflicts in Asian countries, such as India, China, and Pakistan coupled with multinational military practices performed by the armed forces in Middle East are expected to fuel the demand for C2 systems as they enhance efficiencies of military operations.
Command and control systems offer technological advantages, such as real-time information sharing and situational awareness.Download sample Copy of This Report at: https://www.radiantinsights.com/research/command-and-control-systems-market/request-sample Which enhance operational competences of military operations.
Moreover, extensive adoption of C2 systems to effectively manage mission-critical situations in the commercial sector as well as manufacturing, transportation, and other industries is predicted to drive the market over the forecast period.The maritime segment is estimated to witness the highest growth over the forecast period.
Growing investments in naval development across the world along with increasing global trade activities and usage of cargo ships in maritime trade are contributing to the segment growth.
Technological advancements offer benefits such as higher efficiency in battlefield operations, situational awareness and effective planning and decision making in mission-critical situations.Some of the major vendors active in the Command and Control (C2) systems market are Lockheed Martin Corporation, BAE Systems, Rockwell Collins, and The Boeing Company.
Vendors operating in the market are poised to witness a rise in the demand owing to increasing technological advancements.Read Complete Report With TOC @ https://www.radiantinsights.com/research/command-and-control-systems-market Further key findings from the study suggest:Maritime is predicted to register the fastest CAGR of 5.5% over the forecast period owing to the increasing marine trade, need for safety and security of the shipping operations and growing investments in naval forces by the developed countriesThe land segment is anticipated to hold the largest market share throughout the forecast period due to the increasing adoption of the C2 systems in land-based military operationsAsia Pacific is anticipated to be the fastest growing regional market, on account of the growing geopolitical conflicts and military expenditures on the next generation of communication activitiesSome of the prominent players operating in the command and control systems market are Lockheed Martin Corporation, BAE Systems, Rockwell Collins, and The Boeing Company.About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
