The global command
and control systems market size is anticipated to reach USD 19.94
billion by 2025, according to a new report by Grand View Research, Inc.,
registering a CAGR of 3.8% during the forecast period. Increasing military
budgets of Asian countries, rising prominence of terror groups in the Middle
East, and technological advancements in the defense industry worldwide are
anticipated to drive the market.
Geopolitical conflicts in Asian countries and
multinational military practices are expected to fuel the demand for command
and control systems. These systems increase the efficiencies of battlefield
operations with technological advantages such as real-time information sharing
and situational awareness, which enhance operational capabilities of military
operations.
The airborne segment is estimated to witness the
highest growth rate over the forecast years. Growing investments in air forces
development across the world are contributing to the growth of the segment.
Advantages of the technology include higher efficiency in the battlefield operations,
effective planning and decision making in mission-critical situations, and
situational awareness.
Some of the prominent companies operating in the
command and control systems market are Lockheed Martin Corporation, BAE
Systems, Rockwell Collins, and The Boeing Company. Vendors in the market are
poised to witness a rise in the demand owing to increasing technological
advancements.
Browse full research report on Command and Control Systems Market: https://www.grandviewresearch.com/industry-analysis/command-control-systems-market
Further
key findings from the study suggest:
- The airborne segment is likely to be the fastest growing segment
with a CAGR of 4.6% over the forecast period
- The land segment is anticipated to hold the highest share in the
market throughout the same period
- Asia Pacific is expected to be the fastest growing regional market,
owing to growing geopolitical conceits and increasing military
expenditures. The region is estimated to rise to the fore during the
forecast period
- Major players in the market are Lockheed Martin Corporation, BAE
Systems, Rockwell Collins, and The Boeing Company.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/technology
Grand
View Research has segmented the command and control systems market based on
platform and region:
Platform
outlook (Revenue, USD Million, 2014 - 2025)
- Land
- Naval
- Airborne
Regional
Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Russia
- France
- U.K.
- Asia Pacific
- China
- India
- Japan
- Middle East
and Africa (MEA)
- Israel
- Saudi Arabia
- Latin America
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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