C4ISR Market to Reach $133 Billion by 2020 at CAGR of 4.52% – New Report by MarketsandMarkets
(PRWEB) December 21, 2014 -- The new Market research report defines and segments the "C4ISR Market" to provide an in-depth analysis of the growth opportunities and revenue forecasts. It also identifies the factors driving and restraining the market along with the adoption trends and growth opportunities for the key industry players.
Browse exclusive data about the “C4ISR Market” through detailed data Tables, Figures, and in-depth ToC, spread across 270 report pages.
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This report provides data related to the major industry drivers, restraints, challenges, and opportunities. It also discusses the technologies and application segments of the global industry to define the innovative adoption trends. The report basically tracks, analyzes, and lays out the market size and shares of the key sub-categories, namely, C4, ISR and EW.
Maintaining the quality of information is crucial because the entire C4ISR process depends on correct perception of the military situation. There is a strong requirement of creating a common perception across all users. If the system fails to meet that need, the process will not be transformed. The goal of C4ISR systems is to reduce uncertainty and exploit high-quality information for the end-users.
The report analyzes the C4ISR market on the basis of the platforms, products and systems available in this market. It provides information about the leading competitors in the global industry. Along with a general overview of the key companies, it also provides details about their financial positions, key products, unique selling points, and development strategies. This research report segments the market on the basis of C4ISR architecture, platform, geography, country, forecasting revenues, market share, and analyzing trends in each of the sub-sectors.
According to the report, the continued requirement for integrated solutions and interoperability will be the strongest driving factors for the global C4ISR Market. Joint ventures have played a significant role in winning C4ISR contracts across the defense industry. The report expects austerity leading to defense budget cuts to continue at least till 2016 in two major western markets, namely, United States and United Kingdom. The primary players in this market are from these region are they are now looking towards the emerging economies.
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According to the report, airborne systems will have the highest CAGR across all platforms and with around 40% shares in the C4ISR. The report projects increasing demand in UAVs, Sensors, Synthetic Aperture Radars, and Mobility Solutions, Geo-spatial Solutions, and Cyber security. Unmanned systems are also estimated to present a large growth area for C4ISR technology.
The C4ISR Market is dominated by companies based on their core competencies. Key players analyzed in this report include Raytheon Company, Northrop Grumman Corporation, Lockheed Martin Corporation, Rockwell Collins Inc, BAE Systems, and Elbit Systems.
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