DUBLIN, April 17, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/bjmf6s/c4isr_market) has announced the addition of the "C4ISR Market (Command, Control, Communications, Computers, Intelligence, Surveillance, Reconnaissance, Land Systems, Airborne Systems and Naval Systems) Forecasts 2014 - 2019" report to their offering.
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The global market is estimated to be $83.13 billion in 2014 and is expected to register a CAGR of 2.28% to reach $93.04 billion by 2019.
The main purpose of C4ISR systems is ensuring the survivability of the platform, Ground-based, Naval or Airborne; and provides electronic cover for units at the frontline. A typical C4ISR system can perform tasks like communication, surveillance, reconnaissance; integrate among different platforms to combat warfare.
Though U.S. and U.K. have been the biggest markets for C4ISR systems, the recent economic scenario has seen defense budget cuts in these markets. Emerging economies like Brazil, Indonesia and India look more attractive. Key markets like Republic of Korea, Saudi Arabia, Australia and Canada can drive the growth of the market. China remains a tough market to crack with strict government regulations in the defense sector, indigenous programs and copyright issues with respect to military hardware and technology. Russia with respect to C4ISR market continues to be highly indigenized with all the manufacturing done by Russian companies.
Today overall mission effectiveness increasingly depends upon C4ISR systems and services as modern warfare becomes more asymmetric in nature and thus increases the need for information gathering and subsequent sharing. The range of technologies available with respect to C2/C4ISR systems is increasingly diverse and their rapid evolution is driving demand for global C4ISR systems.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Technology Trends
5 Regional Analysis
6 Country Analysis
7 Opportunity Analysis
8 Competitive Landscape
9 Company Profiles
- Bae Systems
- Elbit Systems
- Itt Exelis
- L3 Communications
- Lockheed Martin
- Northrop Grumman
- Rheinmetall Defence
- Rockwell Collins
- Thales Group
For more information visit http://www.researchandmarkets.com/research/bjmf6s/c4isr_market
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SOURCE Research and Markets