C4ISR Market Is Booming Across the Globe and Witness Huge Growth by Key Players to 2030
C4ISR refers to command, control, communication, computer, surveillance, and reconnaissance solutions. The increasing wars in Afghanistan, Syria, and Iraq are likely to highlight the rising importance of C4ISR systems in advanced warfare, thereby driving the global C4ISR market. Woodbridge announced the acquisition of Sev1Tech LLC to expand its operations into the realm of C4ISR. Some of the well-known features of C4ISR technology include automated intelligence, real-time data discovery, and data fusion. Military operators can gather important information on their portable gadgets with the help of these features. C4ISR systems are likely to be used in geospatial intelligence, owing to the rising demand for unmanned aerial vehicles and sensors. This will further boost the C4ISR market growth. The system offers real-time information on the situation, making it easy for military personnel to take decisions. The increasing military expenditure and initiation of new procurement programs are likely to augment demand for C4ISR systems.
The market includes the design and manufacture of aircraft, rockets, missiles, and spacecraft that operate in space. Defence equipment refers to weapons, arms, and equipment that are used for military purposes. The study conducted in this report provides an in-depth analysis of the aerospace and defences industry in Europe.
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Fortune Business Insights offers a detailed overview of the global market in a report, titled “C4ISR Market Size, Share and Global Trend by Platform (Air, Land, Naval, Space), By Application (Communication, Command & Control, Computers, Intelligence, Surveillance & Reconnaissance (ISR) and Geography Forecast Till 2023.” The report offers in-depth insights into the C4ISR market trends, forecasts, and covers information on segments such as type, application, end-user, and geography. In addition to this, the report offers a rigorous study on the competitive landscape of the market and adoption of business strategies by key players.
Increasing Need for Advanced IT Capabilities in Military to Drive the Market in North America
Among regions, North America is projected to register strong growth in the global C4ISR market through the forecast years. The region is planning to make heavy investments in the military space to technologically upgrade its C4ISR systems. Increasing research and development activities on new platforms and implementation of new defense programs are factors likely to influence growth of the market. All these activities are expected to ensure effective communication and operation among the military troops at the site and remote locations. As per the report, North America is anticipated to account for the major portion of the global C4ISR market share during the forecast period.
The C4ISR market demand is projected to increase in Asia Pacific over the forecast period. This is primarily on account of the rising demand for advanced warfare from countries such as India, Japan, and China. Recent advancements in communications, computer intelligence, and battlefield command with an aim to improve the effectiveness of surveillance systems are driving the market in this region.
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Raytheon’s and United Technology’s Merger to Create Premier and Advanced Systems for Defense
Fortune Business Insights profiles some of the major players functioning in the global C4ISR market. These include Lockheed Martin, Raytheon, Rockwell Collins, BAE Systems, Thales, Leonardo, Elbit Systems, and Northrop Grumman, Saab, General Dynamic, Kratos Defence and Security Solutions, Serco Inc., ManTech International Corporation, Harris Corporation, Rheinmetall Defence.
The C4ISR framework has the ability to enhance situation-based mindfulness activities, allow users to do a quick investigation during emergency, and improve security to the military powers. C4ISR systems can offer strategic insights into real-time data discovery and automated intelligence, especially to aviation and military armed forces. This, in turn, is expected to increase the C4ISR market size by 2023. Fighters can download relevant and useful information on their gadgets and synchronize data as per leadership levels.
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Some of the recent developments by companies are mentioned below:
June 2019: United Technologies and Raytheon Company signed an agreement to share an equal share of defense and commercial. The partnership aims to develop highly advanced and premier C4ISR systems to address concerns in aerospace and defense segments. This combination is likely to be named as Raytheon Technologies Corporation, offering R&D capabilities to deliver cost-effective and innovative solutions by keeping customer priorities in mind.
September 2019: Elbeit Systems announced the introduction of a new anti-drone neutralization and protection system. The rising demand for vehicle and convoy protection against hostile drones has encouraged the company to develop redrone vehicular tactical system.
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