Global C5ISR Market Research Report?Forecast till 2025
The global C5ISR market is estimated to exhibit a CAGR of 3.20% during the review period to reach USD 143,833.2 Million by 2025. The name C5ISR is an abbreviation of Command, control, communication, computers, combat, intelligence, surveillance, and reconnaissance; it is a network of systems, procedures, and technologies used to gain and formulate data. The modernization in defense and the extensive use of C5SR technology for space programs are the key factors driving the global market. The consolidation of multiple technologies allows for obtaining real-time data.
The increasing need for border protection and the rising defense modernization programs and the widespread use of C5ISR systems in military operations are some of the key drivers for the growth of the global C5ISR market.
The Global C5ISR Market has been categorized by Type, Place of Performance, End-Use, Application, and Region. By type segment, the market has been divided as land, naval, airborne, and space. In terms of place of performance, the market has been bifurcated into OCONUS, CONUS, in-theatre, and back office. Based on application type, the market has been segregated as a command, control, communication, computers, combat, intelligence, surveillance and reconnaissance, and electronic warfare. By end-use category, the market has been bifurcated into defense and commercial. The defense segment has been further classified into homeland security and military, while the commercial segment has been sub-segmented into commercial spaces and critical infrastructure.
The land segment is expected to lead the global market because and it is accounted to register a CAGR of 2.32% during the review period. In land-based C5ISR the radar, unmanned ground vehicles, unattended ground sensors, and target detection for military organizations and surveillance agencies are used to collect tactical information.
The region-specific analysis, the Global C5ISR Market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.
North America exhibits the largest market contribution of the C5ISR market. In 2018, the market in North America was valued at USD 48,529.2 million and it is forecasted to register a CAGR of 2.64% during the review period. The growth of the regional market is driven by factors such as high military investment and technological advancements, and the presence of major manufacturers.
The major Players in the Global C5ISR Market are BAE Systems (UK), General Dynamics Corporation (US), Lockheed Martin Corporation (US), Israel Aerospace Industries Ltd (Israel), Northrop Grumman Corporation (US), Honeywell International Inc (US), Huntington Ingalls Industries, Inc. (the US), L3Harris Technologies, Inc. (US), United Aircraft Corporation (Russia), Safran SA (France), Raytheon Company (US), Thales Group (France), Saab AB (US), Leonardo SpA (Italy), Almaz-Antey (Turkey), Reutech Radar Systems (South Africa), Aselsan A? (Turkey), Textron Inc. (US), Mitsubishi Heavy Industries, Ltd (Japan), General Electric (US), Elbit Systems Ltd (Israel), Hindustan Aeronautics Limited (India), thyssenkrupp AG (Germany), CACI International Inc (US), Tactical Missiles Corporation JSC (Russia), Kratos Defense & Security Solutions, Inc. (US), Boeing (US), and Sabre Systems, Inc. (US).
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