C5ISR Systems Industry Analysis by BIS Research projects the market to grow at a CAGR of 3.49% during the forecast period from 2019 to 2024. The North America region dominated the global C5ISR systems market in 2018, whereas Asia-Pacific is expected to have the highest growth rate during the forecast period.
Read Report Overview: Global C5ISR Systems Market
The global C5ISR systems market has gained widespread importance in military operations due to increasing political conflicts, migrations issues, and extensive defense modernization programs. Growing market for space-based C5ISR systems and increasing demand for AI in C5ISR systems for military operations are likely to increase opportunities for C5ISR systems. However, difficulties in maintenance of C5ISR systems and subsystems and interoperability issues are expected to hamper the overall growth of the C5ISR systems market.
Market Segmentation
The C5ISR systems market (on the basis of application) is segmented into command and control, communication, computer, combat systems, intelligence, surveillance, and reconnaissance (ISR), and electronic warfare. The ISR segment dominated the global C5ISR systems market in 2018 and is anticipated to maintain its dominance throughout the forecast period (2019-2024).
The C5ISR systems market segmentation on the basis of platform has been done into land, airborne, naval, and space. The naval segment dominated the global C5ISR systems market in 2018 and is anticipated to maintain its dominance throughout the forecast period.
The C5ISR systems market on the basis of end user is segmented into defense and commercial. The defense segment dominated the global C5ISR systems market in 2018 and is anticipated to maintain its dominance throughout the forecast period.
The C5ISR systems market segmentation by region is segregated under four major regions, namely North America, Europe, Asia-Pacific (APAC), and Rest-of-the-World. Data for each of these regions is provided by platform, by application, by end user, and by country.
Key Companies in the C5ISR Systems Industry
The key market players in the global C5ISR systems market include Airbus, BAE Systems, Elbit Systems, General Dynamics, Harris Corporation, Israel Aerospace Industries, Leonardo S.p.A., L3 Technologies, Lockheed Martin, Northrop Grumman Corporation, Rheinmetall Group, Raytheon Company, Saab AB, The Boeing Company, and Thales Group.
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Key Questions Answered in this Report:
- What are the major driving forces that are expected to increase the demand for the global C5ISR systems market during the forecast period, 2019-2024?
- What are the major challenges expected to inhibit the growth of the global C5ISR systems market during the forecast period 2019-2024?
- Which are the key players in the global C5ISR systems market, and what is their competitive benchmarking
- What was the revenue generated by the global C5ISR systems market by segment (application, platform, end user, and region) in 2018, and what will be the estimates by 2024?
- What are the major trends in the global C5ISR systems market across different regions?
- What kind of major growth opportunities do the C5ISR systems manufacturers foresee?
The surveillance systems effectively collect data in the form of digital imagery and intelligence systems and help devise an actionable plan to counter the threat of the national security.
For instance, during the European migrant crisis in 2015, the increase of immigrants in Europe from the Middle East and Africa regions led to stringent border security in Europe.
Moreover, the rise in tension between countries such as India-China, India-Pakistan, China-Japan, and South Korea-North Korea, among others, have propelled the countries to strengthen their border security system with the help of advanced mechanisms.
China has one of the strongest border patrolling solutions that include DF-21D “carrier-killer” anti-ship ballistic missile and the J-20 stealth fighter.
C4ISR technologies had been used in every major conflict since radio communications started in the 19th century.
C4ISR systems techniques came into existence in World War II and played an important role in modernizing warfare.
