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Venkat Reddy
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C4ISR Market Observing Growth from Unmanned Aircraft
The global C4ISR market at $98.4 billion in 2018 and, the demand for C4ISR is growing at a CAGR of 3.59% during the forecast period 2019-2025.

IndustryARC, 11/10/2019 - Next generations IP systems, the increase in the R&D investments, and rising government funding towards military groups are the major factors that are boosting the demand for the C4ISR market. Additionally, the increasing navigation, cybersecurity concerns, and missile defense systems, there is an increase in the market demand. Owing to such factors, the IndustryARC’s analysts have valued the global C4ISR Market at $98.4 billion in 2018. And, the demand for C4ISR is growing at a CAGR of 3.59% during the forecast period 2019-2025.

Global C4ISR Market: Leading Segments

Regionally, North America dominates the regional C4ISR market share with 35.18% in 2018. North America is highly advanced and matured market with strong infrastructure having large regional revenue share. The increasing investment in the defense to improve the technology and the R&D activities every year in the United States have increased the opportunities for C4ISR applications. With the increasing geopolitical tensions and cross border issues with multiple countries is increasing the demand for the C4ISR market. According to the Federal Government Budget, the U.S Department of Defense for technology estimated its spending to be $42.5 billion in 2018. The United States is highly advanced in terms of technology that are being used in the defense sector as compared to any other countries defense.

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Global C4ISR Market: Market Trends and Growth Drivers

The most commonly used growth driver is the Radar that is very frequently being used for military electronics. Radar is majorly used as an active protection system. This evolution has helped in evolving electronic technology and improving the capabilities of the systems.The U.S. Army has increased its investments on the unmanned aircraft since 2018 for deploying numerous production systems. After the development of drones and self-driving cars, the U.S military is spending an ample amount of money for developing a perfect unmanned aircraft.

Global C4ISR Market: Competitive Landscape

Some of the key companies identified in the report that are currently holding majority shares in the global C4ISR market are Rockwell Collins, Rafael Advanced Defense Systems, BAE Systems, Lockheed Martin Corp., Elbit Systems, Northrop Grumman Corp, SAIC, CACI, Raytheon Company, and L-3 Communications.

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About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.

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