March 2020,Research Report on the Global Command and Control Systems Market.
Command Control Systems Market Forecast
Command And Control Systems Market Size Is Anticipated To Reach US$ 77.5 Billion By 2032 And At A 6.0% CAGR 2023-2032
The increasing need for enhanced situational awareness to support decision-making and rising defense expenditure are primarily driving the growth of the market. Additionally, the adoption of space-based command and control infrastructure is driving the growth of the market further.
Market USP
Increasing need to upgrade command and control systems.
Growth Opportunities in the Market
Fixed command centres segment is expected to grow at the highest rate: The fixed command centres segment is also expected to grow with the highest CAGR during the forecast period, 2023 to 2032. The growth can be attributed to the high utilization of fixed command centres by military and commercial organizations globally. From the fixed command centres, officers can survey critical infrastructure and manage military missions.
Solution segment is expected to witness the highest growth in the market: The solution segment accounted for the largest market share in 2019 and is expected to register the highest CAGR during the review period. This is due to the increasing demand for command and control solutions such as threat intelligence & response management, communication systems & data links, military situational awareness, and identity & access management.
Land segment accounted for the largest share in 2019: The land segment accounted for the largest share in 2019. This is due to the increasing use of land-based solutions for many defense applications such as intelligence, tracking, surveillance, and missiles and fire control, among others.
The airborne segment is expected to register the highest CAGR during the forecast period.
Key Players
- BAE Systems Plc (UK)
- Elbit Systems Ltd (Israel)
- General Dynamics Corporation (US)
- L3harris Technologies (US)
- Leonardo Spa (Italy)
- Lockheed Martin Corporation (US)
- Northrop Grumman Corporation (US)
- Raytheon Company (US)
- Rheinmetall AG (Germany)
- Thales Group (France)
Other Prominent Players
- Airbus SAS (Netherlands)
- Indra Sistemas (Spain)
- Israel Aerospace Industries (Israel)
- Kongsberg (Norway)
- Saab AB (Sweden)
- United Technologies Corporation (US)
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Base Year | 2020 |
Companies Covered | 15 |
Pages | 174 |
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