Market Research Report
Global C4ISR Systems Market - Analysis and Forecast 2017-2021: Focus on Platforms (Land, Airborne, Naval & Space) and Application (Command & Control, Communication, Computers, Intelligence, Surveillance & Reconnaissance, and Electronic Warfare)
|Published by||BIS Research Inc.||Product code||556462|
|Published||Content info||239 Pages
Delivery time: 1-2 business days
|Global C4ISR Systems Market - Analysis and Forecast 2017-2021: Focus on Platforms (Land, Airborne, Naval & Space) and Application (Command & Control, Communication, Computers, Intelligence, Surveillance & Reconnaissance, and Electronic Warfare)|
|Published: September 13, 2017||Content info: 239 Pages||
The demand for C4ISR systems is rapidly gaining traction among defense forces across the globe. The key factors that largely supplement the growth of C4ISR systems market include improved situational awareness, increase in the demand of advanced mobile command systems, and rise in the allocation of defense budget for the development of advanced electronic systems in prominent countries.
The C4ISR systems market has exhibited a modest growth rate over the past few years owing to a rise in the demand of advanced electronic systems in military forces across several countries. C4ISR systems offer various advantages such as real time data of war fields, situational awareness, tactical communication and advanced battle field management systems, which provide the defense forces an upper hand during the time of war and ensure their dominance over others. Furthermore, rising border contention among several prominent countries has created an impending need for superior intelligence and surveillance systems for tracking enemy's activity and to device an actionable plan during combat. The countries with high defense spending, such as the U.S., China, and India have increased budget allocation for the development and up-gradation of C4ISR systems over last few years. In addition, involvement of NATO countries such as the U.S. and Russia in war inflicted zones of Middle East has given rise to the demand of mobile command system, faster and secure communication system, and state-of-the-art surveillance systems. These systems helps in executing missions in remote and hostile areas with the help of drones and robots to reduce the death count of armed personnel and increase the efficiency of the overall mission. The C4ISR systems become outdated in few years and need continuous up-gradation in their technology to tackle new challenges faced during combat. The rise in the research and development (R&D) budget for these systems and other recent developments have ensured the strong growth rate for the C4ISR systems market during the forecast period. The major applications of C4ISR systems include command and control, communication, computer, intelligence, surveillance and reconnaissance (ISR), and electronic warfare. These systems are used across wide range of platforms such as, land, air, naval and space. By analysis, global C4ISR systems generated $90.67 billion in 2016, in terms of revenue.