PUBLISHER: The Business Research Company | PRODUCT CODE: 1158480
PUBLISHER: The Business Research Company | PRODUCT CODE: 1158480
“C4ISR Global Market Report 2022: Ukraine-Russia War Impact ” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global c4isr market.
This report focuses on C4isr market which is experiencing strong growth. The report gives a guide to the c4isr market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Where is the largest and fastest growing market for the c4isr? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The C4ISR market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider c4isr market, and compares it with other markets.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
Major players in the c4isr market are: Northrop Grumman , Lockheed Martin Corporation , BAE Systems Plc, Raytheon Technologies Corporation , General Dynamics Corporation, L3 Harris Technologies Inc, Thales Group, Rheinmetall AG, Saab AB, Leonardo S.p.A, Rockwell Collins Inc, Serco Group plc , CACI International Inc , Booz Allen Hamilton Inc, and Cubic Corporation.
The global C4ISR market is expected to grow from $69.48 billion in 2021 to $73.35 billion in 2022 at a compound annual growth rate (CAGR) of 5.58%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The C4ISR market is expected to reach $89.11 billion in 2026 at a CAGR of 4.99%.
The C4ISR market consists of the sale of C4ISR or related services by entities (organizations, sole traders, and partnerships) that are used by the armed forces for planning military operations and communication to collect critical reconnaissance and surveillance data for decision making. C4ISR refers to command and control, communications, computers, intelligence, surveillance, and reconnaissance that are advanced facilities, equipment, and systems. These systems used next-generation networks and rely on sophisticated satellites for secure and resilient communication, these systems play a key role in the operation and defence purposes of the armed forces.
The main platform of C4ISR markets is land, airborne, naval, and space. Land refers to the installation of Command, Control, Communications, Computers (C4) Intelligence, Surveillance, and Reconnaissance on land that is used for defence purposes to provide an advantage through situational awareness. The solution includes hardware, application software, and services. Intelligence, communication, command, computer, and electronics are the applications. The end-users are defence and space, and commercial.
North Amarica was the largest region in the C4ISR market in 2021. Asia pacific is expected to be the fastest-growing region in the forecast period. The regions covered in C4ISR market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Increasing global territorial tensions around the world have contributed to the growth of the C4ISR market going forward. Territorial conflicts are border tensions that arise from competing for national interests or from an increase in the insurgency in some parts of the world. C4ISR is used by the military for operations and communication to gather crucial reconnaissance and surveillance data, territorial conflicts increase the demand for C4ISR. According to BBC News, a UK-based media company, in 2020, There is an increase in civilian protests that caused 860 people have been killed, and around 5,000 have been detained. Furthermore, there are 27 territorial conflicts across the world, and 80% of these are concentrated across Asia and Africa. Therefore, the increasing territorial tensions worldwide drive the growth of the C4ISR market.
Product Innovation is a key trend gaining popularity in the C4ISR market. Major companies operating in the market are focusing on product innovation to strengthen their position in the market. For Instance, in November 2021, Israel Aerospace Industries (IAI), an Israel-based defence company, launched a new electronic warfare system called Scorpius. This defence system works on active electronically scanned array (AESA) technology and enables armed forces to combat full-scale threats such as missiles, and drone ships, effectively disrupting radar, data communications, and electronic sensors. The product offers electronic warfare capabilities to various domains.
In April 2020, Raytheon Technologies Corporation, US-based aerospace and defence company, merged with United Technologies Corporation for an undisclosed amount. With this deal, Raytheon Technologies Corporation and United Technologies Corporation would merge into a single entity. This entity brings synergies together to serve its customers better in the sector of aerospace and defence. United Technologies Corporation is a US-based conglomerate involved in the research and manufacturing of aerospace products, industrial products, and aircraft engines.
The countries covered in the C4ISR market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The C4ISR market research report is one of a series of new reports from The Business Research Company that provides C4ISR market statistics, including C4ISR industry global market size, regional shares, competitors with a C4ISR market share, detailed C4ISR market segments, market trends and opportunities, and any further data you may need to thrive in the C4ISR industry. This C4ISR market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.