LONDON, April 16, 2018 /PRNewswire/ -- The command and
control systems market is projected to grow at a CAGR of 4.15% from
2017 to 2022
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The command and control systems market is estimated at USD 29.10 billion in 2017 and is projected to
reach USD 35.65 billion by 2022, at a
CAGR of 4.15% from 2017 to 2022. Command and control systems
provide situational awareness of battlefield events to military
commanders. These systems provide them the capability to
strategically plan and manage military units on battlefields.
Various upcoming applications of command and control systems
include installations in critical infrastructure, homeland
security, and transportation sectors.
The commercial segment is projected to grow at the highest CAGR
in the command and control systems market during the forecast
period
Commercial applications are segmented into critical infrastructure,
transportation, industrial, and others.The critical infrastructure
sector is a major contributor to the growth of the commercial
segment.
These systems are installed in power plants, offshore oil & gas
installations, and research labs.Traffic management and signaling
in transportation systems have found wide usage of these systems in
railway Communication Based Train Control (CBTC), Air Traffic
Management (ATM), and Vessel Traffic Management (VTM) which are the
highest-growing applications.
Other emerging applications, such as security management in smart
cities is a growing contributor to the commercial application.
Airborne segment is projected to grow at the highest CAGR during
the forecast period
The airborne segment is projected to be the fastest-growing segment
in the command and control systems market.The growth in usage of
various UAVs in modern warfare systems for intelligence,
surveillance, and reconnaissance missions are expected to lead to
the growth of the airborne command and control systems market.
Development of new communication and data linking technologies for
the integration of various airborne platforms are expected to lead
to growth in the airborne command and control systems segment.
North American region is expected to account for the largest
market share in the command and control systems market during the
forecast period
North America is expected to
account for the largest market share in the command and control
systems market, by region during the forecast period.Countries in
this region include the US and Canada.
The North American command and control systems market is mainly
driven by the high defense spending on various C4ISR systems. Due
to threats from terrorism, countries in the region are spending on
homeland security applications.
Break-up of profile of primary participants for this
report:
• By Company Type - Tier 1 – 35%, Tier 2 – 45% and Tier 3 – 20%
• By Designation – C level – 35%, Director level – 25%, Others –
40%
• By Region – North America - 30%,
Europe – 20%, Asia Pacific – 30%, Middle East – 10%, RoW – 10%
Key players profiled in the command and control systems market
report include Lockheed Martin (US), Raytheon (US), Rockwell
Collins (US), General Dynamics (US), BAE Systems (UK), Thales
(France), Leonardo (Italy), SAAB (Sweden), Elbit Systems (Israel), Systematic (Denmark), and Northrop Grumman (US), among
others. Other players in the market include Honeywell (US),
Motorola Solutions (US), Siemens (Germany), Cisco Systems (US), and Alstom
(France) among others.
Research Coverage:
The command and control systems market has been segmented based on
platform (airborne, land, naval and space), based on application
(defense, commercial), based on solution (hardware, software, and
services).The command and control systems market has been studied
for North America, Europe, Asia
Pacific, Middle East, and
Rest of the World (RoW).
The report provides in-depth market intelligence regarding the
market dynamics and major factors, such as drivers, restraints,
opportunities, and industry-specific challenges that influence the
growth of the command and control systems market. It also analyzes
micromarkets with respect to individual growth trends, future
prospects, and their contribution to the command and control
systems market.
Reasons to buy the report:
From an insight perspective, the command and control systems market
report has focused on various levels of analyses — industry
analysis, market share analysis of top players, and company
profiles, which together comprise and discuss the basic views on
the competitive landscape, high-growth regions and countries and
their respective regulatory policies, drivers, restraints, and
opportunities.
The command and control systems market report provides insights
on the following pointers:
• Market Penetration: Comprehensive information on command and
control systems equipment offered by the top 10 market players
• Product Development/Innovation: Detailed insights on upcoming
technologies, research & development activities, and new
product launches in the market
• Market Diversification: Exhaustive information about new
products, untapped geographies, recent developments, and
investments in the market
• Competitive Assessment: In-depth assessment of strategies,
products, and manufacturing capabilities of the leading market
players
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