Command and Control Systems Market Worth $19.94 Billion by 2025: Grand View Research, Inc.
Tuesday, March 13, 2018
SAN FRANCISCO, March 13, 2018 /PRNewswire/ --
The global command and control systems market
size is anticipated to reach USD 19.94 billion by 2025, according to a
new report by Grand View Research, Inc., registering a CAGR of 3.8% during the forecast
period. Increasing military budgets of Asian countries, rising prominence of terror groups
in the Middle East, and technological advancements in the defense industry worldwide are
anticipated to drive the market.
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Geopolitical conflicts in Asian countries and multinational military practices are
expected to fuel the demand for command and control systems. These systems increase the
efficiencies of battlefield operations with technological advantages such as real-time
information sharing and situational awareness, which enhance operational capabilities of
The airborne segment is estimated to witness the highest growth rate over the forecast
years. Growing investments in air forces development across the world are contributing to
the growth of the segment. Advantages of the technology include higher efficiency in the
battlefield operations, effective planning and decision making in mission-critical
situations, and situational awareness.
Some of the prominent companies operating in the command and control systems market
are Lockheed Martin Corporation, BAE Systems, Rockwell Collins, and The Boeing Company.
Vendors in the market are poised to witness a rise in the demand owing to increasing
Browse full research report with TOC on "Command and Control Systems Market Size,
Share & Trends Analysis Report by Platform (Land, Airborne, Naval), By Region (Asia
Pacific, North America, Europe, MEA, and LATAM), And Segment Forecasts, 2018 - 2025" at:
Further Key Findings From the Report Suggest:
- The airborne segment is likely to be the fastest growing segment with a CAGR of
4.6% over the forecast period
- The land segment is anticipated to hold the highest share in the market throughout the
- Asia Pacific is expected to be the fastest growing regional market, owing to growing
geopolitical conceits and increasing military expenditures. The region is estimated to
rise to the fore during the forecast period
- Major players in the market are Lockheed Martin Corporation, BAE Systems, Rockwell
Collins, and The Boeing Company.
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Grand View Research has segmented the command and control systems market based on
platform and region:
- Platform outlook (Revenue, USD Million, 2014 - 2025)
- Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- Asia Pacific
- Middle East and Africa (MEA)
- Saudi Arabia
- Latin America
Read Our Blog By Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
Corporate Sales Specialist, USA
Grand View Research, Inc
Toll Free: 1-888-202-9519
SOURCE Grand View Research, Inc.
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