Jul 29, 2020 (SUPER MARKET RESEARCH via COMTEX) -- C4ISR Market by Platform (Land, Naval, Airborne, Space), by Solution (Products, Services), by Application (Intelligence, Surveillance & Reconnaissance, Electronic Warfare, Computers, Communication, Command & Control & Others), by End-Use (Defense, Commercial), Key Players and Region – Industry Outlook to 2025.
According to the latest report by IMARC Group, the global C4ISR market is expected to grow at a CAGR of around 4% during 2020-2025. C4ISR is a collective term for command, control, communications, computers, intelligence, surveillance and reconnaissance systems, which are primarily utilized in the military and defense forces. It provides real-time information, which aids in ensuring faster and better decision-making and consequently increasing situational awareness. It consists of a wide range of techniques and procedures, along with equipment, including land-based radars, communication satellites and binoculars, which are used for observation and collection of intelligence data across space and cyberspace, and air, land, and sea.
Rising terrorism across the globe and the consequent increase in investments in the defense sector are among the primary factors driving the global C4ISR market. In line with this, security agencies are increasingly employing sensors, unmanned aerial vehicles, synthetic aperture radars and cybersecurity solutions to collect and disseminate intelligence data among various defense ranks and combat threats, such as border disputes and cyberattacks. Product innovations, such as the development of low-power consuming and light-weight equipment and extensive research and development (R&D) in the field of electronics, optoelectronics and Information Technology (IT) are some of the other factors that are expected to create a positive outlook for the market in the coming years.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global C4ISR Market 2020-2025 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of the key players being:- CACI International, Inc. (CACI), BAE SYSTEMS (BAESY), General Dynamics Corporation (GD), Elbit Systems Ltd. (ESLT), Harris Corporation, L3 Technologies Inc., Leonardo S.P.A., Lockheed Martin, Northrop Grumman, Raytheon, Rheinmetall, Rockwell Collins, Saab AB, Serco, Thales Group, etc.
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/c4isr-market
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