Press release
Command and Control Systems Market worth $43.9 billion by 2025
The report "Command and Control Systems Market by Application (Government & Defense, and Commercial), Solution (Hardware, Software, Services), Platform (Land, Airborne, Maritime, and Space), Installation Type, Installation Base, and Region–Global Forecast to 2025", is projected to grow from USD 33.0 billion in 2019 to USD 43.9 billion by 2025, at a CAGR of 4.9% from 2019 to 2025. The growth of the market can be attributed to increased use of battle management systems for battalion-level and dismounted soldiers and increased use of artificial intelligence, machine learning, and IoT, among others.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144844194
Based on the installation type, the new installation segment is projected to lead the command and control systems market during the forecast period.
Based on the installation type, the market is projected to be led by the new installation segment from 2019 to 2025. This segment is expected to grow during the forecast period due to multiple factors such as the continual upgrades of various battle management applications to include Augmented Reality (AR) and Virtual Reality (VR) based battle planning software, simulation and training, adaption to electronic warfare and installation of electronic countermeasures, expansion of hardware to include more bandwidth among others.
The land segment is projected to lead the command and control systems market from 2019 to 2025.
Based on the platform, the land segment is estimated to account for the largest share of the market during the forecast period. Growth in this segment can be attributed to the increasing need for infrastructure, software and solutions to cater to command and control systems for the battalion level, platoon level, dismounted soldier level, and joint-force level. Increasing use of multi-purpose vehicles that offer mounted-dismounted reconnaissance, surveillance and target acquisition systems for agile and protected contact operations are also factors contributing to the demand in this segment.
Asia Pacific is projected to be a high growth potential market for command and control systems during the forecast period.
The command and control systems market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. Various border disputes between countries such as China, India, Pakistan, Afghanistan, North Korea and South Korea, among others, are driving these countries to increase their investment in defense technology, which includes installation of and upgrades to command and control systems. For example, in November 2019, Leidos (US) secured a contract worth USD 95 million with US Air Force to perform the command, control, communications, computers, combat systems, intelligence, surveillance, reconnaissance and operations support services for the US Air Force bases within Japan and Korea.
In 2017, Elbit Systems (Israel) received a contract worth USD 11 million from an Asia Pacific Navy to supply the Integrated Maritime C4ISR System over two years. The system interconnects coastal sensor towers, naval command centers, and maritime command control capabilities, and provide integrated situational awareness.
In 2018, Boeing Co. received a contract worth USD 208 million from the Japanese Air Self Defence Force’s Airborne Warning and Control System (AWACS). Mission computing upgrades will give Japanese AWACS better interoperability with US systems and improve their standalone command and control capability.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=144844194
Major players in the command and control systems market are Raytheon Company (US), General Dynamics Corporation (US), Lockheed Martin Corporation (US), The Boeing Company (US), L3Harris (US), Saab AB (Sweden), and Thales Group (France), among others.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144844194
Based on the installation type, the new installation segment is projected to lead the command and control systems market during the forecast period.
Based on the installation type, the market is projected to be led by the new installation segment from 2019 to 2025. This segment is expected to grow during the forecast period due to multiple factors such as the continual upgrades of various battle management applications to include Augmented Reality (AR) and Virtual Reality (VR) based battle planning software, simulation and training, adaption to electronic warfare and installation of electronic countermeasures, expansion of hardware to include more bandwidth among others.
The land segment is projected to lead the command and control systems market from 2019 to 2025.
Based on the platform, the land segment is estimated to account for the largest share of the market during the forecast period. Growth in this segment can be attributed to the increasing need for infrastructure, software and solutions to cater to command and control systems for the battalion level, platoon level, dismounted soldier level, and joint-force level. Increasing use of multi-purpose vehicles that offer mounted-dismounted reconnaissance, surveillance and target acquisition systems for agile and protected contact operations are also factors contributing to the demand in this segment.
Asia Pacific is projected to be a high growth potential market for command and control systems during the forecast period.
The command and control systems market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. Various border disputes between countries such as China, India, Pakistan, Afghanistan, North Korea and South Korea, among others, are driving these countries to increase their investment in defense technology, which includes installation of and upgrades to command and control systems. For example, in November 2019, Leidos (US) secured a contract worth USD 95 million with US Air Force to perform the command, control, communications, computers, combat systems, intelligence, surveillance, reconnaissance and operations support services for the US Air Force bases within Japan and Korea.
In 2017, Elbit Systems (Israel) received a contract worth USD 11 million from an Asia Pacific Navy to supply the Integrated Maritime C4ISR System over two years. The system interconnects coastal sensor towers, naval command centers, and maritime command control capabilities, and provide integrated situational awareness.
In 2018, Boeing Co. received a contract worth USD 208 million from the Japanese Air Self Defence Force’s Airborne Warning and Control System (AWACS). Mission computing upgrades will give Japanese AWACS better interoperability with US systems and improve their standalone command and control capability.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=144844194
Major players in the command and control systems market are Raytheon Company (US), General Dynamics Corporation (US), Lockheed Martin Corporation (US), The Boeing Company (US), L3Harris (US), Saab AB (Sweden), and Thales Group (France), among others.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
