Global Command and Control Systems Market size is expected to reach USD 19.94 billion by 2025. A command and control systems are an operative architecture which includes hardware, software, interface, specific standards, applications and computing procedures that as a group supports connectivity across all levels of command. These systems are specially utilized in controlling terror activities and multinational military operations. Also, these systems provide situational awareness of battlefield events to military commanders. The command and control systems market is expected to register a CAGR of 3.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
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Key Players:
The key players contributing to
the robust development of the command and control systems industry include
Lockheed Martin Corporation, General Dynamics, Raytheon, Rockwell Collins, BAE
Systems, SAAB, BAE Systems, Honeywell International, Elbit Systems, Motorola
Solutions.
Growth Drivers:
The installations in critical
infrastructure, transportation sectors, and homeland security are various
upcoming applications of command and control systems. These systems are used in
the naval, land, maritime, space and airborne based defense operations. Also,
these systems are designed to meet requirements of defense forces in
battlefield operations. The “airborne” segment is expected to witness
significant growth in the next couple of years due to the increasing investment
in air forces development across the globe. The “land” segment held the largest
market share in 2016.
Applications such as defense and
commercial could be explored in command and control systems industry. The
“commercial” segment is anticipated to grow at a high CAGR in the coming years.
These systems are used for the security management of critical infrastructure
such as research labs, financial institutions, offshore oil & gas
installations and power plants. Improving economic conditions of developing
countries and increasing terrorism are opening the new avenues for command and
control system providers.
The factors that play an
important role in the growth of command and control systems industry include
increasing demand from military sector, growing population, increasing
urbanization & industrialization, increasing military budgets of Asian
countries, technological advancements in the defense industry, rising
prominence of terror groups in the Middle East, increasing incidences of terror
& geopolitical conflicts between countries, increasing adoption of command
& control systems in commercial applications and stringent government rules
& regulations. Moreover, increasing awareness regarding technological
benefits of command and control systems such as information exchange, situation
assessment and operational control is the major factor driving the growth of
command and control systems market in the upcoming period.
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