Rise in safety concerns towards border security, more usage of unmanned platforms, growing terrorism and demand for integrated solutions are some of the drivers creating the positive impact on the C5ISR market. However, reducing defense expenditure in developed nations will affect the market over the forecast period.
The C5ISR Market deals with resolving the safety concerns for border security and countering terrorism. The Naval segment holds the largest share in the market while Airborne Segment will have the highest growth during the forecast period.
Developing economies are investing heavily in defence equipment which leads to the growth of counter intelligence operations.
Rise in the need for integrated solutions and growth of terrorism are the factors that lead to the growth of the C5ISR Market.
The need for an advanced communication has increased a lot which leads the demand for counter intelligence program.
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Scope & Regional Forecast of the C5ISR Market
North America dominates the C5ISR Market due to the high adoption of technology and innovative solutions. This region has a maximum share in global defense.
Radars, electronic warfare, and communication programs along with the concern for cyber security propel the need for combat systems engineering.
Increased use of unmanned platforms and growth of security concerns will lead to the development of C5ISR Market. The ability to integrate manned activity and systems will augment the growth of unmanned systems.
Counter Intelligence Analysis reduces overall life cycle costs and simplifies training and testing.
Shrinking defense expenditure in developed countries will affect the growth of the C5ISR Market during the forecast period. A tremendous rise in the terrorist activities across the world spurs the growth of c4isr.
Increase in automation and surveillance technology leads to the rise of dod intelligence.
Dod defense contracts concentrate on missile defense and software defined radios. Border security conflicts will accelerate the growth of the market.
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Segmentations & Key Players Involved in the C5ISR Market
The C5ISR Market can be broken down into various segmentations on the basis of –
- Type- Land, Naval, Airborne.
- Application- Command, Control, Communication, Computers, Combat, Intelligence, and Surveillance and Reconnaissance.
- Region- North America, Europe, Asia Pacific, Rest of Asia Pacific.
Some of the key players involved in the C5ISR Market are as follows:
- Thales Group
- BAE Systems
- Lockheed Martin Corp
- Raytheon Company
- Northrop Grumman
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