The C4ISR market to grow by over $23 billion over the next 5 years
The C4ISR market has been growing at a phenomenal rate over the past few years and it is expected to continue that trajectory. According to a new report from Technavio, a leading global technology research and advisory company, the C4ISR market is expected to grow by USD 23.34 billion over the period of 2021 to 2025. This estimated growth is lower than what was predicted last year due to the impact of COVID-19. However, the report projects the market to accelerate at a CAGR of over three per cent.
This growth is driven by the growing acceptance of CREW systems and also the use of C4ISR in civil applications is expected to help with the boost.
According to a news release, the CREW systems form a major part of EW and are used to detonate remote-controlled improvised explosive devices (RCIEDs). CREW systems significantly decrease the casualties in RCIED attacks. Vendors offering such systems provide specific equipment, training, and life support services to the end-users. CREW systems are made of several components such as Software, Hardware, Threat load, and Antennas that protect a soldier from the IED threat. One of the highly deployed CREW systems is the AN/ULQ-35 Counter RCIED CREW Duke system.
The adoption of CREW systems among military and law enforcement personnel globally is fueling this increase in the C4ISR market.
Some highlights from the report:
The Major Five C4ISR Companies:
BAE Systems Plc
BAE Systems Plc offers C4ISR products such as identification systems and combat ID, air traffic control and landing systems, WIN T, CONOPS, and C41 tactical vehicle.
Booz Allen Hamilton Holding Corp.
Booz Allen Hamilton Holding Corp. offers tailored cybersecurity and C4ISR solutions in order to provide critical intelligence for the military and defense sectors.
Elbit Systems Ltd.
Elbit Systems Ltd. offers C4ISR products such as Battle management systems, HF or VHF or UHF or microwave radio networks, Elbit Systems EW and SIGINT, and Ground surveillance radars.
General Dynamics Corp.
General Dynamics Corp. offers C4ISR products for engineering and integration, software support, and cybersecurity engineering support. The company also provides communication and control systems such as GeoSuite, Tactical Ground Reporting System, and Tactical Airspace Integration System.
L3Harris Technologies Inc.
L3Harris Technologies Inc. offers C4ISR products with capabilities such as Network ISR System Architecture, SIGINT Systems, Signals, Sensors and Processing, Communications System Development and Integration, Specialized Aircraft, Maintenance, and Modification, Navigational Warfare, Threat Awareness, and Self Protection Systems, and other capabilities.
C4ISR Market Geography Outlook (Revenue, USD billion, 2020-2025)
- North America – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- APAC – size and forecast 2020-2025
- South America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
C4ISR Market Platform Outlook (Revenue, USD billion, 2020-2025)
- Land-based – size and forecast 2020-2025
- Airborne – size, and forecast 2020-2025
- Naval – size, and forecast 2020-2025
- Space-based – size and forecast 2020-2025
To learn more about this report, go here.