The Global C5ISR Systems Market is forecasted to be worth USD 163.78 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include increasing usage of geospatial intelligence, rising cybercrimes involving the data breaches from the confidential governing bodies, rising threats & tensions in asymmetric welfare, and growing investment in the defense bodies & foreign intelligence platforms, among others.
Besides, extensive emphasis on the common operating picture (COP) of the military operations, and higher capabilities of information dominance, battlefield awareness, and decision advantages of the Command, Control, Communications, Computers, Cyber Defense, Intelligence, Surveillance and Reconnaissance (C5ISR) systems are the crucial reasons behind the enormous growth of this market.
The report considers the COVID-19 pandemic as one of the key influencing factors of the C5ISR Systems market. The report discusses in detail the positive and negative impact of the pandemic on the C5ISR Systems industry. The supply chain disruptions and economic volatility have altered the dynamics of the C5ISR Systems industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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Further key findings from the report suggest
- In May 2020, BAE Systems announced the completion of the accusation of the business of Airborne Tactical Radios of Raytheon Technologies Corporation. This acquisition will help deliver game-changing electronic mission and control solutions for their customers.
- The Defense Intelligence is growing with the fastest CAGR of 6.3% throughout the projected period owing to its higher incorporation of intelligence protocols, including the nextgen communication, surveillance, reconnaissance, information fusion & data analytics, electronic welfare & spectrum dominance, and cyber control systems, among others.
- The regions in the Asia Pacific lead by China, India, Japan, and South & North Korea are allotting a considerable budget for their defense grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric welfare, along with a higher economic development, enhancement in the technological industry deliberately help propel the C5ISR market enforcement.
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The key companies studied in the report are:
The Boeing Company, BAE Systems, Lockheed Martin, Rockwell Collins, Elbit Systems, Northrop Grumman, Thales Group, Leonardo S.p.A., Raytheon Company, and General Dynamics, among others.
The C5ISR Systems research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.
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For the purpose of this report, Emergen Research has segmented into the global C5ISR Systems Market on the basis of Application, Platform, Component, End Users, and Region:
- Application Outlook (Revenue: USD Billion; 2017-2027)
- Command and Control
- Cyber Defense
- Platform Outlook (Revenue: USD Billion; 2017-2027)
- Component Outlook (Revenue: USD Billion; 2017-2027)
- End Users Outlook (Revenue: USD Billion; 2017-2027)
- Air force
- Defense Intelligence
- Commercial Services
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- Regional Outlook (Revenue: USD Billion; 2017-2027)
- North America
- Asia Pacific
- South Korea
- North Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
- North America
The report addresses the following key points:
- The report provides a forecast of market drivers, restraints, and future opportunities for the C5ISR Systems market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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