NEW YORK, US, Jan. 29, 2023 (Globe Newswire) — C5ISR Market Overview
According to a comprehensive research report by Market Research Future (MRFR), “C5ISR market Information by type, place of performance, application, end use, and region – forecast to 2030the market could reach 143.83 billion US dollars by 2030, and achieve a compound annual growth rate of 3.20% between 2020 and 2030.
market range
C5ISR stands for Command, Control, Communications, Computers, Combat, Intelligence, Surveillance, and Reconnaissance. The system is used to integrate information received from logistical and operational forces as well as civilian agencies which helps in understanding and assessing the situation by obtaining operational awareness based on that information.
The information received allows the commander to carry out operational planning and thus, to have a competitive advantage over his opponents. It is an advanced real-time monitoring system that controls every activity from a single common point and can make accurate decisions throughout the process. It has many applications including command and control, missile defense, radar, combat systems, and unmanned systems.
In the defense sector, the C5ISR system provides the necessary data for a specific location using various tools that conduct military operations in a variety of complex operational situations related to land, sea and air. C5ISR has critical defense applications, due to which emerging nations spend heavily on defense equipment to deal with their opponents.
Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/8754
| report attribute | details |
| market size 2030 | 143.83 billion US dollars |
| compound annual growth rate | 3.20% (2020-2030) |
| base year | 2019 |
| forecast period | 2020-2030 |
| Historical data | 2018 |
| prediction units | Value (US$ billion) |
| report coverage | Revenue forecasts, competitive landscape, growth drivers, and trends |
| Covered slices | By type, place of performance, application, end use, and region |
| Geographic coverage | North America, Europe, Asia Pacific, Middle East, Africa and Latin America |
| Major market drivers |
|
Market competitive landscape:
Among the significant sellers in the C5ISR market
- Kratos Defense and Security Solutions, Inc.
- BAE Systems plc
- Elbit Systems Ltd.
- Lockheed Martin
- Northrop Grumman Corporation
- Raytheon Corporation
- SAP group
- Thales Group
- general dynamics
- Israel Aerospace Industries Ltd.
- Finmeccanica Spa
- BAE Systems
- Silex S
- Almaz you
- Reutech Radar Systems
- Aselsan
- Uber Power
- Huntington Ingalls Industries
- L-3 Communication
- United Aircraft Corporation
- Honeywell International
- Safran, Textron
- Mitsubishi Heavy Projects
- General Electric
- Elbit systems
- Hindustan Aeronautics
- ThyssenKrupp
- CACI International
- Tactical Missile Company
These players are mostly involved in new launches, technology and product developments to enhance their global presence and positions in the active protection systems industry. These players are also focused on breaking into new markets by offering technologically innovative and cost-effective infrastructure and platforms. In addition to launching products and innovations, these companies also adopt strategies of partnership agreements and contracts.
For more information, inquiry or customization before purchasing, visit the website https://www.marketresearchfuture.com/reports/c5isr-market-8754
USP Market Covered:
Market drivers:
The C5ISR industry benefits from increased defense spending by governments to be ready for any external threats as well as the growing need for modern surveillance along with improved security. With the help of the growth in unmanned missions in the military, which needs innovative communication platforms like C5ISR, the global market will witness a remarkable boom in the coming years.
The increasing risk of illegal activities makes countries look for efficient and advanced security frameworks that send convenient and fast data to protect individuals. C5ISR is widely used in such cases. Countries are also focusing on adopting ways to prepare for any perceived risks, which should enhance the use of C5ISR systems in the coming years.
Market restrictions:
The C5ISR market could face issues in the coming years, in the form of high requirements for significant financing to acquire such advanced systems. This can be a major problem for emerging countries with limited defense budgets.
Moreover, the fact that many countries do not follow US standards and use substandard systems obtained from other countries, such as Russia, Germany and France, would be a major challenge.
COVID 19 analysis
The COVID-19 outbreak and lockdown have been harsh on the defense industry, with temporary closures of manufacturing facilities and reduced government funding. Obtaining new advanced systems has been difficult in the aftermath of the SARS-CoV-2 pandemic due to the worldwide economic meltdown.
However, with the lockdown now lifted and much focus on curbing the spread of the novel coronavirus, players can now continue their businesses and also focus on strengthening their supply chains. This could mean a faster recovery of the C5ISR industry in the following years.
Market segmentation
by type
C5ISR types are marine, terrestrial, space and airborne. The land segment could lead the market in the near future, which achieved the highest valuation of $51,782.2 million in 2018 and could reach $60,812.7 million by 2027. On the other hand, the airborne segment will reach $40,445.9 million US dollars by 2027, the fastest growth rate of 4.14% between 2020 and 2027.
according to performance
In terms of performance venues, the C5ISR industry is divided into CONUS, OCONUS, Back Office and Stage.
Depending on the application
The most important applications of C5ISR systems are control, command, computers, communications, intelligence, combat, reconnaissance, electronic warfare, and surveillance. The Surveillance and Reconnaissance segment was valued at $30,326.4 million in 2018 and is in the lead.
by end use
Major end users of the industry are defensive as well as commercial. The defense sector can be divided into the army and internal security.
for any query report @ https://www.marketresearchfuture.com/enquiry/8754
regional insights
North America holds the largest share in the C5ISR market and should remain dominant throughout the forecast period, thanks to the strong base of a huge number of popular manufacturers in the region. The US government is focusing on strengthening the defense forces by adopting the latest technology, which will also favor the industry.
The C5ISR market in Europe as well as the Asia-Pacific region can expect to experience a significant growth rate in the next several years, owing to a significant rise in attacks and security threats.
Find more research reports at space and defenceThrough Market Research Future:
Urban air mobility market Research Report: Information by Operation (Pilot, Standalone), Architecture, Scale (Intercity, Within City), Infrastructure, Segment, Payment, Hardware, Software, Platform, Application, and Region – Forecast to 2030
Defense and cyber security market Report: By type (all-electric and hybrid), system (energy storage systems, power generation, energy conversion, and power distribution systems), ship type (commercial, defence), operation (manned, remotely operated, autonomous), region (North America), Europe, Asia Pacific, Middle East, Africa, and Latin America ) – forecasts until 2030
