The market for command and control (C2) systems is expected to register a CAGR of more than 3.5% during the forecast period.
- Increasing military expenditure has facilitated the armies to focus more on procuring new generation C2 systems, as the capabilities of the existing C2 systems are not up to the industry benchmark. The ongoing military modernization programs may help the growth of the market during the forecast period.
- Defense departments cannot have any obsolete technologies, especially in the C4ISR systems, as these are used for communication, strategic planning, and decision-making during wartime. C2 systems form a vital part of the C4ISR systems whose growth has a very large scope in the future. The ongoing R&D activities, in order to develop advanced systems, may provide growth opportunities for the market in the years to come.
- Satellite communications (SATCOM) have become a firmly established part of modern military operations by providing unequaled capabilities for C2 in remote and austere environments. The growing use of SATCOM is expected to bring new opportunities for the market in the years to come.
Key Market Trends
Land-Based Platform to Have a Significant Market Share During the Forecast Period
At present, the land-based command and control systems segment has the largest market share of all the segments, due to its high usage in the battlefield. The growing military operations around the world due to various geopolitical issues and the growth of terrorist and hostile activities have increased the demand for building fixed base control centers and land-based command headquarters. Also, a much greater emphasis has been on the land-based vehicle-mounted C2 systems. They act as a communication bridge between troops and ground station personnel on the battlefield. However, the growth is expected to be high in the space-based C2, which currently has the smallest share out of all the segments. Growth in space-based C2 systems is primarily attributed to the interest in geospatial systems, which provide better C2 operations with faster response time.
C2 Systems Market in Asia-Pacific to Register the Highest CAGR During 2020 to 2025
The market for command and control systems is expected to register a high CAGR in Asia-Pacific, where the procurements of C2 systems are increasing more than ever before. These countries are involved in several airborne, land, space, and naval modernization programs. To strengthen the communication between these platforms, they are expected to make a huge investment in C2 systems. Since most of the nations in the region are using old Soviet-era systems, the modernization of systems is also expected to increase C2 system's procurement in the years to come. With geopolitical tensions in the South China Sea and border issues in multiple countries, the procurement of C2 systems is expected to increase across the region. China, Japan, and India are some of the prominent countries in Asia-Pacific that are significantly investing in C2 systems.
The market is highly fragmented, with many players providing diversified products for the industry. L3Harris Technologies Inc., Lockheed Martin Corporation, Thales Group, Raytheon Company, and Collins Aerospace (United Technologies Corporation) are some of the prominent players in the market. Due to the significant investment involved, it becomes difficult for the C2 system suppliers to keep up with breakthrough technologies. But still, the increasing demand for advanced C2 systems is forcing the players to invest more in research and development (R&D) in this regard, thereby trying to be ahead of the competition through innovation.
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
TABLE OF CONTENTS
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
- 5.1 Platform
- 5.1.1 Land
- 5.1.2 Air
- 5.1.3 Sea
- 5.1.4 Space
- 5.2 Geography
- 5.2.1 North America
- 220.127.116.11 United States
- 18.104.22.168 Canada
- 5.2.2 Europe
- 22.214.171.124 Germany
- 126.96.36.199 United Kingdom
- 188.8.131.52 France
- 184.108.40.206 Italy
- 220.127.116.11 Rest of Europe
- 5.2.3 Asia-Pacific
- 18.104.22.168 India
- 22.214.171.124 China
- 126.96.36.199 Japan
- 188.8.131.52 South Korea
- 184.108.40.206 Rest of Asia-Pacific
- 5.2.4 Latin America
- 220.127.116.11 Mexico
- 18.104.22.168 Brazil
- 22.214.171.124 Rest of Latin America
- 5.2.5 Middle-East and Africa
- 126.96.36.199 United Arab Emirates
- 188.8.131.52 South Africa
- 184.108.40.206 Saudi Arabia
- 220.127.116.11 Rest of Middle-East and Africa
6 COMPETITIVE LANDSCAPE
- 6.1 Vendor Market Share
- 6.2 Company Profiles
- 6.2.1 Raytheon Company
- 6.2.2 Thales Group
- 6.2.3 General Dynamics Corporation
- 6.2.4 Collins Aerospace (United Technologies Corporation)
- 6.2.5 L3Harris Technologies Inc.
- 6.2.6 BAE Systems plc
- 6.2.7 Honeywell International Inc.
- 6.2.8 Saab AB
- 6.2.9 CACI INTERNATIONAL INC.
- 6.2.10 Kratos Defense & Security Solutions, Inc.
- 6.2.11 Leonardo S.p.A
- 6.2.12 Lockheed Martin Corporation
7 MARKET OPPORTUNITIES AND FUTURE TRENDS