Global C5ISR Market Size study, By Type (Naval, Airborne, Land), By Application (Surveillance and reconnaissance, Communications, Command and control, Intelligence, Computers, Combat systems), and Regional Forecasts 2022-2028

Global C5ISR Market Size study, By Type (Naval, Airborne, Land), By Application (Surveillance and reconnaissance, Communications, Command and control, Intelligence, Computers, Combat systems), and Regional Forecasts 2022-2028

Global C5ISR Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The C5ISR is an acronym for command; control; computers; communications; combat; and intelligence, surveillance, & reconnaissance. C5ISR refers to military intelligence system comprised of servers, workstations, and cybersecurity defenses, such as Linux system hardening security software or self-encrypting storage drives, utilized for the intelligence, surveillance, and reconnaissance activities of nearby ground vehicles, aircraft, and foot soldiers. The growing military expenditure from major economies and increasing adoption of unmanned platforms as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to SIPRI (Stockholm International Peace Research Institute)’s global Military Expenditure Database – in 2020, global military expenditure was estimated at USD 1981 billion, and it further increased to USD 2113 billion in 2021, In addition, in 2021, US spent around USD 801 billion in military spending and accounted for 62 per cent of total expenditure, followed by China and India with USD 293 billion & USD 76.6 billion respectively. Furthermore, leading market players are working towards strategic partnership to leverage the growing demand for C5ISR Systems. For instance, in April 2022, Bandung, Indonesia based defence electronics firm PT Len Industri entered in an agreement with Thales to strengthen collaboration in defence technology developments to support Indonesia's defence modernization plans. Under this partnership both the players would jointly work towards development of radars, command-and-control systems (C2), military satellites, C5ISR (command, control, computers, communications, cyber, intelligence, surveillance, and reconnaissance), electronic warfare (EW), UAVs (unmanned aerial vehicles), and combat management systems (CMS). Also, rising concern over territorial conflicts coupled with increasing evolution of military surveillance systems are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high design & development cost associated with C5ISR System impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global C5ISR Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing military expenditure and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of defense sector and increasing penetration of leading market players in the region, would create lucrative growth prospects for the global C5ISR Market across the Asia Pacific region.

Major market players included in this report are:
Airbus
BAE Systems plc
Cubic Corporation
Elbit Systems Ltd
General Dynamics Corporation
L3Harris Technologies Inc
Leonardo SpA
Lockheed Martin Corporation
Northrop Grumman Corporation
Thales Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Type
Naval
Airborne
Land
By Application
Surveillance and reconnaissance
Communications
Command and control
Intelligence
Computers
Combat systems
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global C5ISR Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Airbus
BAE Systems plc
Cubic Corporation
Elbit Systems Ltd
General Dynamics Corporation
L3Harris Technologies Inc
Leonardo SpA
Lockheed Martin Corporation
Northrop Grumman Corporation
Thales Group

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.