Global C4ISR Market
The report, now available on ASDReports, recognizes the following companies as the key players in the global C4ISR market: BAE Systems, Elbit Systems, Lockheed Martin, Northrop Grumman, and Raytheon.
Other Prominent Vendors in the market are: Booz Allen Hamilton, CACI, General Dynamics Mission Systems, Harris, Kongsberg, and Thales.
Global C4ISR Market 2016-2020
Commenting on the report, an analyst said: “Use of tactical UAVs in an integrated C4ISR environment will be a key trend for market growth. UAVs are rapidly becoming a key asset in national security countermeasure operations. Along with the rapid technological advancements in the military electronics segment, UAVs are integrated into C4ISR systems that support those operations. Microelectronics and device packaging play one of the most vital roles in the continued development and growth of the C4ISR UAV payload market in the US and many NATO allied countries such as the UK, France, and Germany. The use of microelectronics helps vendors reduce the size and weight of a UAV.”
According to the report, growing use of C4ISR in civil applications will be a key driver for market growth. Owing to the continuous R&D investments, the deployment of C4ISR assets has experienced substantial alteration. Over the years, it has evolved from being a hardware system to an integrated software system, which is essential for defense organizations to maintain dominance. In recent times, various new features have been added to these systems, including secure messaging management systems, quick reaction capability, and time-sensitive targeting solutions. These ensure that the required modifications and maintenance can be done rapidly.
Further, the report states that barriers to adopting new technology and equipment will be a challenge for the market. Vendors in this market are required to adhere to the stringent regulatory norms of different countries. There are many private companies and third-party technology providers that work with the government agencies and departments of defense in various countries. Therefore, it has become obligatory for manufacturers to comply with stringent regulations at the federal, state, and local levels. In addition, military forces are facing difficulties in adoption of new technologies as they become obsolete within a short span of time.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source : ASDReports - Market Research - view original press release
Apr 26 - 27, 2017 - London, United Kingdom