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Combat system integration market worth 25.46 billion USD according to new research report

Combat system integration market worth 25.46 billion USD according to new research report

The market size estimations for various segments and subsegments of the combat system integration market have been done through extensive secondary research, which includes government sources, such as the U.S. Department of Defense (DoD), the U.S. Air Force website, company websites, corporate filings that include annual reports, investor presentations, and financial statements, and press releases from trade, business, and professional associations, among others.

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Report Summary:

The report "Combat System Integration Market by Application (Land-based, Naval, Airborne), Platform (Large Ships, Medium Ships, Small Ships, Submarines, Fighter Aircraft, Combat Helicopters, Armored Vehicles/Artillery), Region - Global Forecast to 2022", The combat system integration market is projected to grow from USD 4.26 Billion in 2016 to USD 25.46 Billion by 2022, at a CAGR of 34.7% during the forecast period, 2016 to 2022. This growth can be attributed to the increasing incidences of armed conflicts and terror attacks, which are driving the demand for combat systems, globally.

Target Audience

  • Original Equipment Manufacturers (OEMs)
  • Component Suppliers
  • Militaries
  • Integration Service Providers

Scope of the Report

This research report categorizes the combat system integration market into the following segments and subsegments:

  • Combat System Integration Market, By Platform
  • Large Combat Ships
  • Aircraft Carriers
  • Medium Combat Ships
  • Destroyers
  • Frigates
  • Cruisers
  • Amphibious Ships
  • Small Combat Ships
  • Corvette
  • Offshore Patrol Vessel (OPV)
  • Fast Attack Boats
  • Submarines
  • Nuclear
  • Conventional
  • Fighter Aircraft
  • Combat Helicopters
  • Armored Vehicles/ Artillery
  • Combat System Integration Market, By Application
  • Naval
  • Surface
  • Underwater
  • Airborne
  • Land-based
  • Combat System Integration Market, By Region
  • G7 Nations
  • U.S.
  • U.K.
  • France
  • Germany
  • Italy
  • Canada
  • Japan
  • BRICS
  • Brazil
  • Russia
  • India
  • China
  • South Africa
  • Rest of the World
  • Australia
  • Israel
  • Saudi Arabia

Among all platforms, the submarine segment led the combat system integration market

Based on platform, the submarine segment is anticipated to lead the combat system integration market from 2016 to 2022. Submarine is widely used by military forces worldwide for varied applications such as patrolling, target acquisition, tracking, and surveillance.

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Emerging countries such as China and India, among others are developing a large force of submarines. These countries are investing in Air-Independent Propulsion (AIP) technology and focusing on the manufacture of nuclear submarines.

For instance, China launched the world’s largest nuclear submarine known as TYPE 032 in 2010. India is also building six new nuclear submarines; in 2016, the country commissioned its new nuclear submarine, INS Arihant.

Such developments are expected to fuel the growth of the combat system integration market in the submarine segment.

The naval application segment is anticipated to grow at the highest CAGR during the forecast period

The combat system integration market has been segmented and analyzed on the basis of application into naval, airborne, and land-based. Based on application, the naval segment is projected to grow at the highest CAGR from 2016 to 2022.

This growth is primarily driven by increase in the number of navy combat system modernization programs, procurement of new military equipment, and rise in defense spending, globally.

The U.S. and the U.K. to be opportunistic markets for combat system integration

The U.S. and the U.K. are expected to be key markets for combat system integration in the coming years; this market in the U.S. is projected to grow at the highest CAGR during the forecast period.

Growth of the combat system integration market in G7 nations is mainly attributed to the increasing research & development activities undertaken for the development of advanced technology-based designs of combat systems. Integration helps in troubleshooting, maintaining, and repairing not only radars and communications systems but also flight controls and weapons systems.

 

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