Global Command and Control Systems Market (2015-2020) - Expected to Register Strong Growth in India & China
DUBLIN, February 23, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/g92g87/global_command) has announced the addition of the "Global Command and Control Systems Market: Analysis of Growth, Trends Progress and Challenges (2015-2020)" report to their offering.
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The Global Command & Control market will grow from $13.77 billion in 2015 to $16.5 billion by the year 2020 growing at a CAGR of 3.68%.
After Intelligence, Surveillance, Reconnaissance, and Communications technologies, it is Command & Control, which holds the highest share in the overall C4ISR Market. Command & Control currently holds 13.90% share in the overall C4ISR Market and is expected to grow slowly at a CAGR of 5.51% till 2020. The market for Command & Control is expected to grow at a fast pace in Japan, South Africa and Eastern Europe countries, contrary to the slower growth in the global scenario.
One major reason for the moderate growth of the market in the global scenario is that there have been considerable cuts in the budgeted expenditure in market of developed nations, specially the United States and the cost of former systems is quite high. But post 2020, these based systems will register improved rates of growth all over the world, including in the North American and European markets. Further, there will also be a quantum shift in technology.
The market is expected to register tremendous growth in the Asian powers of India and China. India specially has been battling with its neighbors and terrorist organizations that are using these capabilities to full effect. The spiked defense budget in India to counter the external forces opens up new opportunities for command and control market in the country. Growing domestic production, coupled with government incentives would drive the former market in Asia and Middle Eastern countries.
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Overview And Technology Trends
4. Market Dynamics
5. Global Command & Control Market, By Platform
6. Global Command & Control Market, By Geography
7. Competitive Landscape
8. Key Vendor Analysis
9. Future Outlook Of The Market
10. Disclaimer
For more information visit http://www.researchandmarkets.com/research/g92g87/global_command
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Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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