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(Transportation-News.com, November 23, 2017 ) The command, control, communications, computers, intelligence, surveillance & reconnaissance (C4ISR) market is estimated to be valued at USD 93.80 Billion in 2016, and is projected to reach USD 110.78 Billion by 2021, at a CAGR of 3.38% from 2016 to 2021. The integration of C4ISR systems into existing platforms is driving the market. This ensures faster integration of the system to the platform and reduces associated costs. Various technological advancements in the market such as cyber-defense, combat systems, and wind shear technology, among others have led to the development of enhanced C4ISR systems.
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On the basis of application, the C4ISR market has been subsegmented into intelligence, surveillance & reconnaissance; communications; command & control; and electronic warfare. The intelligence subsegment in C4ISR market is projected to grow at the highest CAGR during the forecast period.
On the basis of platform, the C4ISR market has been subsegmented into land, naval, and airborne. The airborne subsegment dominates the market in terms of market size, and is expected to continue its dominance over the next five years. However, the land segment in market is projected to grow at the highest CAGR during the forecast period.
On the basis of component, the C4ISR market has been subsegmented into EW hardware, application software, display consoles, communication networks, and networking technologies. The communication networks subsegment in market is projected to have the highest CAGR during the forecast period.
The ecosystem of the C4ISR market is segmented by application, platform, and component. Various C4ISR solution providers such as Lockheed Martin Corporation, Raytheon Company, Rockwell Collins, Inc., BAE Systems and Northrop Grumman Corporation, offers advanced technology systems, products, and services. They also provide a broad range of management, engineering, technical, scientific, logistic, and information services.
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