Global Command and Control Systems Market is projected to reach USD 44.69 Billion and register a CAGR of 4.7% between 2019 and 2026. The increasing need for enhanced situational awareness to support decision-making and rising defense expenditure are primarily driving the growth of the market. Additionally, the adoption of space-based command and control infrastructure is driving the growth of the market further.
Market USP
Increasing need to upgrade command and control systems Market
Growth Opportunities in the Market
Fixed command centers segment is expected to grow at the highest rate: The fixed command centers segment is also expected to grow with the highest CAGR during the forecast period, 2019 to 2026. The growth can be attributed to the high utilization of fixed command centers by military and commercial organizations globally. From the fixed command centers, officers can survey critical infrastructure and manage military missions.
Solution segment is expected to witness the highest growth in the market: The solution segment accounted for the largest market share in 2019 and is expected to register the highest CAGR during the review period. This is due to the increasing demand for command and control solutions such as threat intelligence & response management, communication systems & data links, military situational awareness, and identity & access management.
Land segment accounted for the largest share in 2019: The land segment accounted for the largest share in 2019. This is due to the increasing use of land-based solutions for many defense applications such as intelligence, tracking, surveillance, and missiles and fire control, among others.
The airborne segment is expected to register the highest CAGR during the forecast period.
Key Players
BAE Systems Plc (UK)
Elbit Systems Ltd (Israel)
General Dynamics Corporation (US)
L3harris Technologies (US)
Leonardo Spa (Italy)
Lockheed Martin Corporation (US)
Northrop Grumman Corporation (US)
Raytheon Company (US)
Rheinmetall AG (Germany)
Thales Group (France)
Other Prominent Players
Airbus SAS (Netherlands)
Indra Sistemas (Spain)
Israel Aerospace Industries (Israel)
Kongsberg (Norway)
Saab AB (Sweden)
United Technologies Corporation (US)
Complete Report Details @ https://www.marketresearchfuture.com/reports/command-control-systems-market-9521
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.