Market Research Report
The Global C4ISR Market 2017-2027
|Published by||GlobalData||Product code||320863|
|Published||Content info||208 Pages
Delivery time: 1-2 business days
|The Global C4ISR Market 2017-2027|
|Published: December 20, 2017||Content info: 208 Pages||
The Global C4ISR market, valued at over US$139 Billion in 2017, is projected grow at a CAGR of about 2.4%, to a value of more than US$177 Billion by 2027. The cumulative market for global expenditure on C4ISR systems is valued at around US$1.65 trillion over the forecast period. Global expenditure on command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) systems is expected to show robust growth over the forecast period, primarily due to the growing need for improved battle-space awareness and network centric warfare. Modern warfare necessitates the need for identification of threats lurking within civilian population and distinction of friends and foes in urban combat scenarios.
Global C4ISR Systems market is expected to be led by North America with a share of over 44% over the forecast period, followed by Europe with around 22% and Asia-Pacific with a share of about 22.4%. The Middle Eastern market for is expected to account for 7%, followed by the African and Latin American markets with a collective share of around 3.5%.
North America represents the largest market, with total expenditure on C4ISR systems valued at over US$732 Billion over the forecast period. Regional spending in North America is primarily driven by the US with its expenditure in advanced C4ISR equipment for supporting its forces in overseas operations. With its recovering economy, Europe is projected to spend a cumulative US$375 Billion in the C4ISR market, which is anticipated to register a CAGR of over 2.5% during the forecast period.
The report "The Global C4ISR Market 2017-2027" offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for C4ISR systems equipment, key market trends, and challenges faced by industry participants.
In particular, this report provides the following -
The global C4ISR market is expected to grow at a CAGR of 2.44% over the forecast period.
The market consists of four categories: Land-based Systems, Airborne Systems, Naval Systems and Space-based Systems. The global C4ISR market is expected to be dominated by the Land-based Systems segment, followed by Airborne Systems, Naval Systems and Space-based Systems. The North American region is forecast to dominate the sector with a share of 44.3%, followed by the Europe which comprises of major C4ISR markets including Russia, France and the UK