European C4ISR Market Size, Share & Trends Analysis Report by Platform (Land, Air, Naval), By Application (Command and Control, Communication, Intelligence, Surveillance, and reconnaissance), and Forecast 2019-2025. The European C4ISR market is estimated to grow at a CAGR of 5.1% during the forecast period.
The European C4ISR market is estimated to grow at a CAGR of 5.1% during the forecast period. The growing R&D activities for the development of military and defense in the region is one of the major factors to drive the market growth in the region.
Moreover, the integration of efficient communication systems and equipment through investing in the advanced research fields of the sector is further likely to support market growth. For instance, in 2016, the European Parliament had launched a military research project called the Preparatory Action on Defence Research (PADR), with a value of $100.5 million.
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The project was sanctioned to support military science and technology in the region. The project is focused on robotic systems, especially military drones, and communication systems for military services.
The project is one such instance to support the development of C4ISR technology in defense. European Union is focused on various transatlantic coalition operations, which as a result, is propelling the adoption of C4ISR technology.
Due to its interoperability, C4ISR technology is acting as one of the support systems for the framework of the EU and NATO (North Atlantic Treaty Organization).
The market is segmented on the basis of platform, applications, and country. Based on the platform the market is sub-segmented into the land, air, and naval.
Based on the application, the market is segmented into command and control, communication, intelligence, surveillance and reconnaissance. Based on the country the European C4ISR market is segmented into the UK, Germany, France, Italy, Spain and the rest of Europe.
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European C4ISR Market-Segmentation
- Command and control
- Intelligence, Surveillance and reconnaissance
- Rest of Europe
- BAE Systems PLC
- CACI International, Inc.
- Cubic Corp.
- Elbit Systems Ltd.
- Harris Corp.
- L3 technologies, Inc.
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Raytheon Co.
- Rockwell Collins Inc.
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