TMR Anticipates High Skies on the Horizon for C4ISR Market, Electronic Warfare Promises Robust Valuation of US$135.80 bn by 2027

TMR Anticipates High Skies on the Horizon for C4ISR Market, Electronic Warfare Promises Robust Valuation of US$135.80 bn by 2027

PR Newswire

ALBANY, New York, March 3, 2020

ALBANY, New York, March 3, 2020 /PRNewswire/ -- Command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) remains a broad classification which caters to several growing needs of modern defence, and warfare. Growing shifts in global geopolitical situation, and rising need to advance defence needs remains a major driver for growth for the C4ISR market. The defence requirements around the world continue to move towards meeting the needs of turbulent, and unpredictable situations needs like cross-border terrorism, and advance monitoring capabilities.

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According to TMR analysts, increasing demand for electronic warfare will remain a key driver of growth in the C4ISR market. C4ISR has become a core need of the military to gain an upper hand in strategy, and structure. The market continues to witness growing demand for next-generation IP system for communication, and aid crucial combat roles of vehicle crew, armoured personal carriers, and main battle tanks. According to TMR experts, the next-gen demand for IP systems will likely come from airborne platforms, naval, and land. During the forecast period, this will remain a new frontier of growth in the C4ISR market.

Key Findings in the C4ISR Market Study:

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Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global C4ISR Market (Platform: Airborne, Naval, and Land; Components: Surveillance & Reconnaissance, Computer, Tactical Communication, Electronic Warfare, Command and Control, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027

C4ISR Market: Region-wise Analysis

North America region remains a key highlight of growth forecast in the C4ISR market. The rising government expenditure for modernisation in the United States, and growing research, and development activity will further boost expansion of the C4ISR market. The region will likely maintain its strong dominance in total revenues during the forecast period. The large expenditure on defence on naval, land, and airborne will pave way for growing developments in the C4ISR market. Remote personnel operation will also make way for new avenues of growth in Europe. Increasing contributions from Russia, Germany, and the UK will also drive growth of the C4ISR market in Europe region, making it the second-highest avenue for growth during the forecast period.

C4ISR market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study.

Competitive Analysis:

The global C4ISR market remains a fragmented landscape with several companies operating globally to cater to the needs of a growing defence sector. Several large players in the C4ISR market continue to make advancements in products to create new opportunities with research, and development, strategic partnerships, and acquisitions. Some key players in the C4ISR market are Lockheed Martin Corporation, L-3 Communications Holdings, Inc., Northrop Grumman Corporation, Rockwell Collins, Inc., General Dynamics Corporation, The Raytheon Company, Elbit Systems Ltd,Harris Corporation, and Thales Group.

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The global C4ISR market is segmented based on:

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Airborne Intelligence, Surveillance & Reconnaissance Market  – Growing focus by various countries on advanced border surveillance solutions led by unstable geopolitical conditions is expected to promote growth of the global airborne intelligence, surveillance & reconnaissance market during the forecast period

Small caliber Ammunition Market - The modernization of defense programs and upgrading & replacement of outdated equipment to incorporate technologically-advanced systems is important on the end use level, which is a major driver behind the increased demand for ammunition in the global market.

Infrared Sensors Market – Rising demand for infrared sensors in consumer electronics and automation industry is also expected to have a significant impact on the global infrared sensors market.

Sap Digital Services Ecosystem Market – The global SAP digital services ecosystem market was valued at US$ 75.87 Bn in 2018 and is anticipated to expand at a stable CAGR of 7.9% during the forecast period

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