Global C5ISR Market, Analysis, Size, Share, Trends...
RD Code : 53498Categories: Information & Technology
Format :
Market Outlook:
The C5ISR market size is poised to reach USD 123.65 Million by 2024, with a projected escalation to USD 141.65 Million by 2032, reflecting a compound annual growth rate (CAGR) of 3.2% during the forecast period (2024-2032).
C5ISR is the new-fangled term for command, control, computers, combat, intelligence, and surveillance. It's extremely critical to combat and military operations because it gives military people access to real-time information so they can make the right decisions when things get hot. With all the border security issues popping up, political pressures getting real, and those migration headaches, governments everywhere are really feeling the pressure to step up their defense efforts. A ton of folks are looking for space-based solutions and AI in C5ISR systems to help out with military ops. So, check it out: way back in June 2020, Intelsat General Dispatches launched this fresh new mobile broadband service for defense forces who need to stay connected in tough-to-reach spots. The whole coronavirus situation has really mixed things up for the C5ISR demand everywhere. Major players have been all about research and development to score the coolest tech for this scene. More contracts, hookups, and agreements between major companies and defense forces from different countries to enhance their C5ISR capabilities are totally going to propel the demand globally.
Market Dynamics:
Driver:
Commercial wireless networks are always changing. We've gone from 2G and 3G to 4G, and now we are jumping into 5G. The whole process throws a lot of challenges on the heads of wireless network operators because they need to figure out how to switch from one generation to another, especially with as many users relying on it. Every time a new standard comes up, the military needs to get all their systems updated too. So, basically, it really helps C5ISR military gear from the perspective of solving its migration problems by bringing the Software Defined Radio (SDR) tech onboard since this lets them switch networks with software updates alone. Now, last February 2021, Indian Ministry of Defense (MoD) signed a contract worth Rs 1,000 crores with Bharat Electronics Limited (BEL) for procuring its Software Defined Radio Tactical, or SDR-Tac. This is a four-channel, multi-mode, multi-band SDR designed for ships that assist in voice and data communication for those network-centric operations you require between ship-to-shore, ship-to-air, and ship-to-ship chats.
Restraint:
C5ISR systems make modern warfare that much more efficient. However, you see, the expenses in the design, development, and setting up can slow down the market growth. To actually get these systems up and running, you'll need to mix in lots of command and control systems, air defense stuff, ISR systems, and the rest. It's very expensive to develop, launch, and maintain these systems. Therefore, the time and money invested in developing and launching them makes it difficult for the market to grow all over the world.
The C5ISR market can deliver exceptionally reliable, secure, and steady data, even in challenging situations. It serves as an invaluable tool for leaders who must make swift decisions regarding military affairs. This is precisely why it is highly appealing to today’s defense forces, which are constantly searching for ways to enhance their overall effectiveness. It is this fact of global terrorism that creates pressure both for wealthy and poor nations to make better security systems that can quickly share information for officials' safety. All these require C5ISR to come in very handy by providing an information source which necessitates the fast decision-making processes. Additionally, сountriеs аrе inсrеаsing thеir dеfеnsе budgеts to рrераrе for аny рossiblе outsidе thrеаts, whiсh is why wе'rе ехресting thе C5ISR markеt to grow а lot. So, thе militаry loаd саrriаgе system markеt is mаking morе monеy thеsе dаys, аnd militаry forсеs аrе using morе аutomаtеd missions. And in that regard, what is needed is advanced means of communication that will perfectly complement defense systems and the C5ISR framework comes at this point. Further than that, the continuous need to continue modernizing surveillance and building security is propelling growth in the C5ISR market.
Key Players:
Report Coverage | Details |
Market Size in 2023: | USD 123.65 Million |
2032 Value Projection: | USD 141.65 Million |
Growth Rate (CAGR) | 3.2% |
Forecast Period: | 2024 - 2032 |
Historical Period: | 2018 - 2022 |
Segments Covered | By Type (Land, Naval, Airborne, Space) By Application (Electronic Warfare, Surveillance and Reconnaissance, Intelligence, Command & Control) By Solution (Product, Services) By End User (Army, Navy, Air force, Government & Law Enforcement) |
Competitive Landscape | General Dynamics Corporation (US), Leidos (US), Lockheed Martin Corporation (US), CACI International Inc. (US), Airbus (France), Northrop Grumman (US), Lockheed Martin Corporation (US), BAE Systems (UK), Thales (France), L3harris Technologies Inc. (US), Elbit Systems Ltd. (Israel), Leonardo S.p.A (Italy), Others |
Geographies Covered | North America (U.S., Canada, Mexico) Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe) Asia Pacific (China, Japan India, South Korea, and the Rest of Asia Pacific) Middle East & Africa (GCC, South Africa, and the Rest of MEA) South America (Brazil, Argentina, and Rest of South America) |
Growth Drivers Which are booming the market |
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Challenges facing the industry |
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Market Analysis | PESTLE Analysis, PORTERS Analysis, NOISE analysis, Value/Supply Chain Analysis |
Competitive Analysis | Comprehensive mapping of the Competitive Landscape Comprising Merges & Acquisitions, Partnership /Agreements/Joint Venture, Expansion, New Product Launches, and other developments. Company Share Analysis |
Customization Scope | Available on your market scope and requirements |
Recent Development:
In April 2024, Liedos announced that they won a military contract of $267 million from the US Military. They will provide them with their C5ISR and COT systems; this incorporates all their tech services-Combat gear upgrade, and logistics support-pretty much the whole big list.
In February 2024, the C5ISR Center announced that they had finished upgrading the U.S. Army's countermine mission support and tech equipment under the Sandhills Project. In other words, the whole objective of upgrading was to improve soldier survivability.
In August 2022, QinetiQ said that it had been awarded a military contract to the tune of pretty cool USD 45 million. The contract is all about the development of new technologies intended for enhancement in army's C5ISR capabilities - think hooking up sensors, fancy system integration software.
Segment Insights:
By Application
The market is classified on the basis of applications such as command and control, surveillance and reconnaissance, intelligence, and electronic warfare. Command and control is likely to be the fastest-growing segment over the next forecasting period. This is because the demand for IoT-enabled systems, in combination with the development of the current military operations worldwide, drives the growth of this market. The electronic warfare segment is also expected to experience a healthy growth, with a high degree of development primarily in Asian countries with growing political tensions and conflicts.
By Solution
Based on the solutions offered, the C5ISR market can be bifurcated into products and services. This year, 2023, product segment accounted for the largest share of the market. This could be on account of increased electronic contents in military equipment coupled with advancements in superior products. Increase in defense expenditures, as well as an outlay of resources to achieve modern warfare technologies, remains one of the important reasons behind this industry's expansion.
Regional Insights:
North America captured 100 percent in 2023, which had a value of USD 40.8 million. The region is mostly at the top because the U.S. is pumping more dollars into upgrading its land, naval, and aerial systems. Big names like General Dynamics, Northrop Grumman, Lockheed Martin, and L3Harris are likely gonna play a huge role in the market's growth here. Europe's gonna see some pretty significant growth in this market over the next few years, primarily because there's more money being thrown around upgrading the typical surveillance and command and control systems used by defense forces. And with nations like Germany, France, and Russia pushing up their defense budgets, that's going to make the market's growth just speed up faster. The Asia-Pacific region is expected to grow the most, mostly because countries like China, India, and South Korea are spending a ton more on their military. All the political drama, border issues, and terrorism threats in the Asia-Pacific will just boost market growth even more. And remember that fight back in June 2020 between Indian and Chinese troops in Galwan Valley. Yeah, that really cranked up the political tension between those two countries. All of these mad wars that take place in other developing countries will see the Middle East and African market take off as well. Latin America is going to witness gradual rise due to increased defense spending in Brazil and Argentina.
Segmentation:
By Type
By Solution
By End User
By Application
By Region
North America
USA
Canada
Mexico
Europe
France
UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa
South America
Brazil
Argentina
Rest of South America
What to Expect from Industry Profile
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the C5ISR market in the world.
Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global C5ISR market.
Leading company profiles reveal details of key C5ISR market players’ global operations, strategies, financial performance & recent developments.
Add weight to presentations and pitches by understanding the future growth prospects of the Global C5ISR market with forecast for the decade by both market share (%) & revenue (USD Million).
FAQ’s
1) What are the major factors driving the growth of the Global C5ISR Market.
2) What would be the CAGR of the Global C5ISR Market over the forecast period.
The Global C5ISR Market is poised to grow at a CAGR of 3.2% from 2024 to 2032.
3) Which region will provide more business opportunities for the growth of the Global C5ISR Market in the future.
The North America region is expected to create more opportunities in the market.
4) Who are the major players dominating the Global C5ISR Market.
5) What are the segments in the Global C5ISR Market.
By Type, By Solution, By End User, By Application are the industry key segments considered for research study.
6) What is the estimated market revenue for the Global C5ISR Market in 2032.
The estimated revenue for the Global C5ISR Market in 2032 is USD 141.65 million.
Base Year:2024
Forecast Year:2025-2032
Historical Data:2018 To 2022
No of Pages:179
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