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.
Full
Research Report On Global Command and Control Systems Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/command-control-systems-market
www.grandviewresearch.com/industry-analysis/command-control-systems-market
Further
key findings from the report 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:
www.grandviewresearch.com/industry/technology
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
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-command-control-systems-market
www.grandviewresearch.com/press-release/global-command-control-systems-market
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.
For More
Information: www.grandviewresearch.com
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