New Product Launches and Supply Contracts are the Key Growth Strategies Adopted by Market Players to Enhance Business Prospects in the Ground Control Station Market.
The ground control station market is projected to grow from USD 2.91 Billion in 2017 to USD 5.25 Billion by 2022, at a CAGR of 12.54% from 2017 to 2022. The increasing number of UAVs has driven the market for ground control stations.
Market players actively engaged in new product launches and supply contracts between 2012 and 2017 to achieve growth in the ground control station market. Key manufacturers of ground control stations profiled in this report include Elbit Systems (Israel), Raytheon Company (US), Lockheed Martin (US), L3 Technologies (US), Textron Systems (US), General Dynamics (US), AERODRONES (France), Robosys Automation and Robotics (India), Asseco Poland SA (Poland), AL Marakeb (UAE), Real-Time Innovations (US), and UAV Solutions (US).
Elbit Systems Ltd. develops, manufactures, and integrates advanced and high-performance defense electronic and electro-optic systems. The company designs, develops, manufactures, and integrates Command, Control, Communication, Computer, Intelligence, Surveillance, and Reconnaissance (C4ISR) network centric systems, such as unmanned vehicles for defense and homeland security applications. The company also offers ground control stations for all military and commercial platforms. Elbit Systems has a global presence. The company mainly focuses on securing contracts and new product launches to improve its position in the ground control station market. In May 2017, Elbit Systems Ltd. was awarded a contract worth USD 390 million by a European Country for the supply of ground electronic intelligence capabilities.
Textron Systems offers unmanned systems, advanced marine craft, and armored vehicles. It is a well-known company with a diversified business model. The company has its presence in 25 countries across the globe. It had a headcount of 4,600 employees in 2015. The company operates through four business segments, namely, Unmanned Aircraft Systems (UAS); Simulation, Training & Other; Weapons & Sensors; and Marine & Land Systems. The company offers ground control stations for military and commercial platforms of UAVs. The company mainly focuses on new product development and securing contracts to improve its position in the ground control station market. In January 2016, Textron Systems was awarded a contract worth USD 97.1 million by an undisclosed country for the supply of RQ-7B Shadow tactical unmanned aerial vehicles (UAVs) and ground control systems.
Related Reports:
Ground Control Station Market by Type (Mobile, Portable), Platform (Airborne, Land, Marine), System (Hardware, Software), Services (Integration, Maintenance, Upgradation/Modernization, Training, Leasing), and Region - Global Forecast to 2022
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