C6ISR Market Forecasts to 2028 – Global Analysis By Purpose (ISR, Electronic Warfare, C6), Platform (Naval, Air, Space, Land) and Geography

C6ISR Market Forecasts to 2028 – Global Analysis By Purpose (ISR, Electronic Warfare, C6), Platform (Naval, Air, Space, Land) and Geography

According to Stratistics MRC, the Global C6ISR Market is accounted for $127.3 billion in 2022 and is expected to reach $182.7 billion by 2028 growing at a CAGR of 6.2% during the forecast period. C6ISR stand for command, control, communications, computers, cyber-defense & combat systems and intelligence, surveillance, and reconnaissance.

Market Dynamics:

Driver:

Demand for C6ISR

There is a great demand for effective transportation and accident-free systems due to the growth in traffic and population. Systems for modern communication-based train control (CBTC) can control traffic and signalling. Different metro and high-speed rail systems are implementing C6ISR technologies that are communication-based to control traffic. For monitoring vast areas, tracking crime, and identifying criminals using facial recognition software, several law enforcement organisations use C6ISR systems coupled with satellite-based GIS systems. In the oil and gas sector as well as for airport security management, C6ISR systems are employed. These systems' numerous applications present a growth opportunity for this market.

Restraint:

High maintenance costs

C6 are essential in contemporary warfare. The development and incorporation of these systems into a nation's defence capabilities, however, must come at a great expense. C6 entails the integration of diverse command and control, intelligence, surveillance, and reconnaissance (ISR), and air defence systems into a functional multi-domain platform. These systems require significant development, setup, and upkeep. Thus, a significant factor limiting the growth of the C6ISRmarket is the cost and time associated with the development and deployment of these systems.

Opportunity:

Rising investments

The increase in C6ISR system spending is probably going to open up new prospects for market share growth. The expansion of the market would also be aided by technological development and rising cloud adoption. The market expansion is also probably supported by the rising usage of geospatial intelligence and the rising investments in foreign intelligence platforms and defence organisations. The military environment's increasing requirement for situational awareness will boost market expansion. The market may have potential opportunities due to the ongoing research and development efforts to generate new and advanced systems.

Threat:

Cyber attacks

Cyber attacks have the potential to compromise national security secrets and trigger the malfunction of military hardware. They may lead to the theft of priceless and private information, including medical records. They can disable systems and computer networks, and prevent access to data. This aspect hinders the expansion of the C6ISR market.

Covid-19 Impact

Extremely high costs show influence of COVID-19 epidemic has on the manufacture and acquisition of C6ISR systems. The prospects of the C6ISR market are anticipated to be driven by the increase in military spending.

The electronic warfare segment is expected to be the largest during the forecast period

The electronic warfare segment is estimated to have a lucrative growth; due to it is the capacity to sense, defend, and communicate via electromagnetic spectrum signals, such as radio, infrared, or radar. Crewed and uncrewed systems can use electronic warfare (EW) from the air, the sea, the land, or space to target communication, radar, or other military and civilian facilities.

The naval segment is expected to have the highest CAGR during the forecast period

The naval segment is anticipated to witness the fastest CAGR growth during the forecast period, due to rising worldwide trade activities, increasing investments in global naval expansion, and growing use of cargo ships. The advantages of technical advancements include increased combat effectiveness, situational awareness, and improved planning and decision-making in mission-critical situations.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to innovations and improvements in the field of battlefield management for better tactical communications and enhancing the efficacy of surveillance and reconnaissance operations. The market's expansion is also being impacted by the increasing use of artificial intelligence. Due to the complexity of the contemporary C6ISR environment and the large amount of generated data, automated systems that can ingest large volumes of data, process them quickly, and produce useful intelligence are now required.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to a strong emphasis on improving its C6ISR capabilities. In the ongoing competition for technical supremacy, the military intends to improve its C6ISR capabilities to gain a significant advantage over its opponents. As a result, the nation is making large investments in the creation of cutting-edge C6ISR systems, which is now one of the top priorities of the battle strategy. The current fleet of land, air, and sea platforms is being expanded, modernised, and outfitted with cutting-edge communication and situational awareness technologies.

Key players in the market

Some of the key players profiled in the C6ISR Market include Raytheon Technologies Corporation, Thales Group, BAE Systems plc, L3Harris Technologies Inc, Northrop Grumman Corporation, General Dynamics Corporation, Saab AB, Israel Aerospace Industries Ltd and Lockheed Martin Corporation.

Key Developments:

In May 2021, BAE Systems wins $ 164 million U.S. Navy design contract for Vertical Launch System. The contract calls for BAE Systems to provide design, development, test, product improvement, and sustaining support for current and legacy VLS systems.

Purposes Covered:
• ISR
• Electronic Warfare
• C6
• Other Purposes

Platforms Covered:
• Naval
• Air
• Space
• Land
• Other Platforms

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements