A new Report by Delvens, titled "C4ISR Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The C4ISR market is estimated to reach a CAGR of close to 4.75% during the forecast period.
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C4ISR (command, control, communications, computer, intelligence, surveillance, and reconnaissance) refers to systems, procedures, and techniques that are used to collect and disseminate battlefield information.
Growing terrorism, threats from adversaries, and increasing global territorial tensions around the world are some of the factors that have supported long-term expansion for Command, Control, Communications, Computers Intelligence, Surveillance and Reconnaissance (C4ISR) Market.
Key Players
· Northrop Grumman Corporation
· Raytheon Technologies Corporation
· L3Harris Technologies Inc
· Thales Group
· General Dynamics Corporation and More
Regional Analysis
North America has the highest market share among all the regions in 2020 due to the huge emphasis of the US armed forces toward enhancing their C4ISR capabilities. The United States is the largest military spender in the world.
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Recent Developments
In October 2021, the US Army Sentinel A4 Program Office provided an accelerated contract award to Lockheed Martin to begin production for five additional radar systems developed specifically to detect and identify cruise missiles, unmanned aerial systems, rotary wing and fixed wing aircraft, and rocket, artillery, and mortar threats. Army soldiers will use these radars to evaluate the operations of the new Sentinel A4s, which are expected to be delivered by the end of 2022.
In May 2021, Saab secured a contract worth USD 48 million to upgrade radar warning equipment on the Tornado multi-Role combat aircraft operated by the German Air Force. Saab will provide the German firm with modern digital components that will enhance processing power and extend the life of the Tornado’s radar warning equipment. The deliveries are expected to start in 2021 and run through 2025.
Reasons to Acquire
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
· Gain authentic and granular data access for Command, Control, Communications, Computers Intelligence, Surveillance and Reconnaissance (C4ISR) Market so as to understand the trends and the factors involved behind changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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In addition to the market data for Command, Control, Communications, Computers Intelligence, Surveillance and Reconnaissance (C4ISR) Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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