Market Leader - C4ISR Market
The C4ISR market is projected to grow from USD 119.9 billion in 2021 to USD 147.1 billion by 2026, at a CAGR of 4.2%. C4ISR is an integral part of the defense industry. The deployment of small, reliable, and sophisticated C4ISR systems in a wide range of applications has increased their demand across the globe. Advancements in ISR technologies and improvements in their manufacturing techniques have led to reduced costs of these systems. Enhanced defense and surveillance capabilities of armed forces and law enforcement are the key factors driving C4ISR market.
Major manufacturers in this market are based in North America and Europe. Northrop Grumman Corporation (US), Elbit Systems Ltd.(Israel), THALES (France), BAE Systems plc (UK), Lockheed Martin Corporation (US), General Dynamics Corporation (US), Raytheon Technologies Corporation (US), are among a few leading players operating in the C4ISR market. Major focus was given to the development of new hardware due to the changing requirements of C4ISR customers across the world. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities further to expand their presence in the C4ISR market.
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Northrop Grumman Corporation(US) is one of the leading aerospace and defense companies across the globe. The company provides innovative cyber and C4ISR (command, control, communications, computers, intelligence, surveillance, & reconnaissance) systems and solutions. The company also offers a wide portfolio of innovative systems, platforms, and solutions for multiple applications, ranging from undersea to outer space and cyberspace. The company has a presence in North America, Europe, the Middle East, and Asia Pacific.
Ebit Systems Ltd. (Israel) develops, produces, and sells a variety of defense products for applications in the land, air, sea, and homeland security sectors. It offers systems and aerostructures for the commercial aviation industry. The business is divided into a single reportable segment. Airborne Systems, Land Systems, C4ISR Systems, Electro-Optic Systems, and Other are the five product categories into which Elbit Systems divides its business operations. Across the Americas, Europe, the Middle East and Africa, and Asia-Pacific, the company conducts business.
Thales (France) provides integrated solutions and equipment to government, civil, and commercial customers in the markets of aeronautics, space, transportation, and defense and security. The business operates in France, Germany, the Netherlands, the United Kingdom, Canada, the United States, Australia, New Zealand, and other emerging markets in Europe. Aerospace, Defense and Security, Digital Identity and Security, and Others make up the companys four business segments.
BAE Systems plc (UK) is one of the worlds leading aerospace, defense, and security companies. It develops, delivers, and supports aerospace & defense systems. The company operates through five business segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Maritime, and Air. The company has a significant presence in Australia, Saudi Arabia, India, Israel, Sweden, Oman, Saudi Arabia, the UK, and the US.
Lockheed Martin Corporation (US) specializes in developing, manufacturing, and integrating advanced technology systems and products. It has 370+ facilities and 13,700 active suppliers, including suppliers in every US state and more than 900 suppliers in over 60 countries outside the US. Some of its subsidiaries are Lockheed Martin Australia Pty Limited (Australia), Lockheed Martin UK Limited (UK), Lockheed Martin Canada Inc. (Canada), Lockheed Martin Global, Inc. (US), and Lockheed Martin Logistics Management, Inc. (US) .
Related Reports:
C4ISR Market by Platform (Airborne, Land, Naval, Space), Solution (Hardware, Application Software, Services), Application, End User (Defense & Space, Homeland Security, Commercial), Installation and Region - Global Forecast to 2028
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