The global C4ISR market is estimated to be $83.13 billion in 2014 and is expected to register a CAGR of 2.28% to reach $93.04 billion by 2019. The continued requirement for integrated solutions and interoperability will be the driving factors for the global C4ISR market. Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: C4ISR Market (Command, Control, Communications, Computers, Intelligence, Surveillance, Reconnaissance, Land Systems, Airborne Systems and Naval Systems) (2014-2019).
Joint Ventures have played a significant role in winning C4ISR contracts across the defense industry. E.g. ThalesRaytheonSystems (TRS) acts as a prime contractor for large-scale NATO programmes and offers integrated solutions to meet the requirements of network-centric environments.Austerity leading to defense budget cuts are said to continue at least till 2016 in two major western markets of the United States and the United Kingdom
The primary market players are from the United States and Europe; these players have the technical know-how and are now looking towards the emerging economies. Transitioning Markets include most of the major emerging countries like Turkey, Indonesia, Australia and Brazil with a maturing or transitioning C4ISR capability and anticipated aggregate spend greater than $500 million.
The current trend of the market is its transition towards faster and efficient systems. The market requires more consolidation and integration of C4ISR systems across all platforms to gain competitive advantage.
Overall mission effectiveness increasingly depends upon C4ISR systems and services as modern warfare becomes more asymmetric in nature and thus increases the need for information gathering and subsequent sharing.
This Global C4ISR market research report categorizes the global market on the basis of C4ISR architecture, platform, geography, and by country; forecasting revenues, market share, and analyzing trends in each of the sub sectors.