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Ground Control Station Market Worth 5.25 Billion USD by 2022

  • India - English

News provided by

MarketsandMarkets

Oct 27, 2017, 10:30 ET

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PUNE, India, October 27, 2017 /PRNewswire/ --

The report "Ground Control Station Market by Type (Mobile, Portable), Platform (Airborne, Land, Marine), System (Hardware, Software), Services (Integration, Maintenance, Upgradation/Modernization, Training, Leasing), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is projected to grow from USD 2.91 Billion in 2017 to USD 5.25 Billion by 2022, at a CAGR of 12.54% from 2017 to 2022. The increasing number of UAVs and growing demand for lightweight and portable ground control stations for warfare operations are going to boost the demand for ground control stations in the coming years.

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Browse 80 Market Data Tables and 45 Figures spread through 142 Pages and in-depth TOC on "Ground Control Station Market"

http://www.marketsandmarkets.com/Market-Reports/ground-control-station-market-37108439.html

Early buyers will receive 10% customization on this report 

Portable segment is projected to grow at a highest CAGR during the forecast period. 

Based on type, the portable segment of the ground control station market is projected to grow at a higher CAGR from 2017 to 2022, owing to the increasing commercial application of unmanned systems. The trend of miniaturization of drones is also one of the factors contributing to the growth of this segment.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=37108439

Airborne segment is projected to grow at a higher CAGR during the forecast period. 

On the basis of platform, the market has been segmented into airborne, land, and marine. The airborne segment is expected to have a higher CAGR due to the increasing application of drones in military and commercial sectors.

Based on system, the hardware segment is expected to dominate the ground control station market in 2017. 

Based on system, the hardware segment is estimated to dominate the ground control station market in 2017. The hardware segment includes physical parts of a ground control station. The high price of hardware components such as command module, processor module, antenna control module, data link module, video receiver module, and GPS module contributes to the dominance of this segment.

Asia Pacific is projected to be the fastest-growing market for ground control stations during the forecast period. 

The ground control station market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. The rise in territorial disputes and the constant dispute between India, China, and Pakistan over the occupancy of bordering areas will drive the market for ground control stations in this region.

Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=37108439

Major players operating in the ground control station market include Elbit Systems (Israel), Raytheon Company (US), Lockheed Martin (US), L3 Technologies (US), Textron Systems (US), General Dynamics (US), AERODRONES (France), Robosys Automation and Robotics (India), Asseco Poland SA (Poland), AL Marakeb (UAE), Real-Time Innovations (US), and UAV Solutions (US).

Browse Related Reports 

Unmanned Aerial Vehicle (UAV) Market, by Application, Class (Mini, Micro, Nano, Tactical, MALE, HALE, UCAV), SubSystem (GCS, Data Link, Software), Energy Source, Material Type, Payload and Region - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/unmanned-aerial-vehicles-uav-market-662.html

Unmanned Ground Vehicle (UGV) Market by Application (Defense (ISR, EOD, Crew Integration, Physical Security), Commercial (Field, Agriculture, Chemical, Oil & Gas)), Mobility, Size, Component, Modes of Operation, Payload & Region - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/unmanned-ground-vehicles-market-72041795.html

Subscribe Reports from Aerospace Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Email: [email protected]


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