New York, US, May 15, 2023 (GLOBE NEWSWIRE) -- According To Latest Research Report On “C4ISR Market Research Report: Information By System Application And Region - Forecast till 2030”, the Market Size is expected to reach USD 119.8 Billion by 2030, registering a CAGR of 4.01% during 2020-2030 By MRFR
C4ISR Market Overview:
According to a Comprehensive Research Report by Market Research Future (MRFR), C4ISR Market Information by System, Application, and Region - Forecast till 2030, C4ISR Market could thrive at a rate of 4.01% between 2023 and 2030. The market size will be reaching around USD 119.8 Billion by the end of the year 2030
Market Synopsis
C4ISR, or Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance, refers to a military concept that involves the integration of various systems and technologies to provide situational awareness and decision-making support for military operations. The term was first used by the United States Department of Defense to describe a military doctrine that enables military commanders to exercise effective command and control over their forces.
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The C4ISR system is used for a wide range of military operations, including intelligence gathering, surveillance, reconnaissance, and command and control of military operations. The system enables military commanders to make better decisions based on real-time information and helps them to respond quickly to changing situations on the battlefield. It includes a range of technologies such as radar, satellites, unmanned aerial vehicles (UAVs), and sensors, among others.
Report Scope:
| Report Attribute | Details |
| 2030 Market Size | USD 119.8 Billion |
| CAGR | 4.01% (2020–2030) |
| Base Year | 2020 |
| Forecast Period | 2020-2030 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By System, By Application, By Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Market Drivers | Rising Demand For Asymmetric Warfare |
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Key Players:
The affluent companies in the C4ISR Logistics industry include
- Northrop Grumman
- Lockheed Martin Corporation
- Harris Corporation
- Raytheon Company
- Thales Group
- BAE Systems
- Hales Group
- Elbit Systems Ltd
- Grumman Corporation
- Rockwell Collins
- L-3 Technologies Inc
- Harris Corporation
Market USP Covered:
Market Drivers:
The global C4ISR market is being driven by several factors, including increasing defense spending by various countries, rising geopolitical tensions, and the growing demand for advanced military technologies. The need for real-time situational awareness and command and control capabilities in modern warfare is also driving the demand for C4ISR systems.
Market Restraints:
The C4ISR market is also facing several challenges, including the high cost of these systems, the complexity of integrating various technologies, and the limited availability of skilled personnel. The complexity of these systems makes them vulnerable to cyber-attacks, which is another major concern for the industry.
COVID 19 Analysis:
The COVID-19 pandemic has had a significant impact on the C4ISR market, with disruptions in supply chains and delays in project execution. The pandemic has led to the postponement or cancellation of several defense projects worldwide, leading to a slowdown in the market's growth. Moreover, the restrictions on travel and movement of goods have affected the supply chain of defense equipment, including C4ISR systems.
However, the post-COVID scenario is expected to see a rebound in demand for C4ISR systems. Governments across the world are likely to prioritize defense spending to boost their national security in the wake of the pandemic. The increasing geopolitical tensions and conflicts in different regions of the world have further emphasized the need for advanced C4ISR systems to ensure national security. In addition, the shift towards digitization and the increasing use of unmanned systems in military operations are expected to drive the demand for C4ISR systems in the coming years.
Market Segmentation:
By System
The System in the market includes Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance
By Application
The Application in the market includes Land, Air, Naval, and Space
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Regional Insights:
One of the key regions driving this growth is North America, which is currently the largest market for C4ISR systems. This is due to the presence of major defense contractors in the region, such as Lockheed Martin, Northrop Grumman, and Raytheon, who have a significant stake in the C4ISR market. Additionally, government initiatives to modernize military equipment and improve battlefield communication have also driven demand for C4ISR systems in the region.
The Asia-Pacific region is also witnessing significant growth in the C4ISR market. This is due to the increasing defense spending by countries such as China and India, which are investing heavily in military modernization programs to strengthen their armed forces. The adoption of advanced technologies, such as artificial intelligence and machine learning, in C4ISR systems, has also contributed to the growth of the market in the region.
In contrast, Europe is expected to witness moderate growth in the C4ISR market. This is due to the economic challenges faced by countries in the region, such as Brexit and the COVID-19 pandemic, which have impacted defense spending. However, the region is expected to remain a significant player in the C4ISR market, driven by the increasing adoption of advanced technologies and the focus on strengthening military capabilities.
C4ISR Industry Updates For Instance, January 2020
L3Harris Technologies announced that it had been awarded a $496 million contract by the U.S. Army to provide modernized night vision equipment and associated spare parts. The company will provide the Army with the next-generation Enhanced Night Vision Goggle-Binocular (ENVG-B) technology, which incorporates advanced C4ISR capabilities such as thermal imaging, enhanced situational awareness, and networked connectivity.
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