C5ISR Market Trends by Recent Developments, Emerging Trend sand Growth Statistics |Thales Group, CACI International Inc., L3Harris Technologies Inc., Northrop Grumman Corporation,

Increased spending on the armed forces is intended to equip on-field soldiers with latest communication and analysis technologies so as to facilitate more efficient decision-making in the field. The report further states that the value of this market stood atUSD 113.44 billion in 2018.

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List of Key Companies Covered in the C5ISR Market Report are:

• CACI International Inc.
• L3Harris Technologies Inc.
• Northrop Grumman Corporation
• General Dynamics Corporation
• Elbit Systems Ltd.
• Collins Aerospace
• SAAB AB
• BAE Systems
• Lockheed Martin Corporation

The report also contains the following:

• Exhaustive analysis of the market trends and drivers;
• In-depth research into the factors restraining the market;
• Comprehensive study of the regional dynamics of the market;
• Detailed evaluation of the competitive landscape of the market; and
• Thorough assessment of all the possible market segments.

Market Trends:

Rising Adoption of Battlefield Management Systems (BMS) to Propel the Market

A battlefield management system (BMS) enhances quality of decisions and enables better control of military units by integrating information collection and processing on a unified platform. One of the leading C5ISR market trends is the rising demand for BMS for military combat missions owing to the multiple advantages of these systems. For example, BMS units can be worn or handheld by soldiers and commanders individually, thereby enabling each member of the unit to access and analyze incoming information.

Moreover, these systems have preinstalled GPS modules, making it easy for soldiers to find their way through tough terrains. Most importantly, BMS ensures that the messages and orders sent and received are digitally encrypted, thus reducing the risk of interception of communication by enemy radars. Thus, the multiple benefits of BMS tools have made them an integral part of C5ISR systems and their increasing adoption, therefore, augurs well for the market.

Regional Analysis

Extensive Modernization of Armed Forces to Augment the Market in North America:
The market size in North America stood at USD 65.80 billion in 2018 and the region is poised to dominate the market share for C5ISR, in the foreseeable future owing to the heavy investments made by the US government in modernizing its military equipment. In Canada, establishment of C5ISR centers at strategic points across the country will further boost the market. Asia-Pacific is expected to register a healthy CAGR as a result of higher budgetary allocation for the defense sectors in India and China. On the other hand, in the Middle East and Africa, strong presence of military systems suppliers will fuel the market.

Competitive Landscape:

Key Players to Focus on Developing Advanced Solutions
The C5ISR market forecast predicts a dynamic period for this market as major players such as SAAB and BAE Systems increase their RandD expenditure to develop next-gen military communications technology. These advancements have empowered the key players to strengthen their hold on the market and ensure their dominance for perpetuity.

Browse Summary of This Research:

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Detailed Table of Content:

• Introduction
• Executive Summary
• Market Dynamics
• Key Insights
• Global C5ISR Market Analysis, Insights and Forecast, 2015-2026

TOC Continued…!

Industry Developments:

• March 2020:Lockheed Martin Corporation, the US-based aerospace and defense bigwig, launched its Advanced Extremely High Frequency (AEHF-6) satellitefrom Cape Canaveral in Florida. The satellite forms an important component of the protected communications network, delivering enhanced communication and security capabilities to the US Space Force.
• January 2019:The Space and Naval Warfare Systems Center (SPAWARSYSCEN) Atlantic of the US Navy awarded the Navy Cyber Mission Engineering Support contract to the American aerospace and defense company, General Dynamics Corporation. At an estimated value of USD 898 million, the contract will require General Dynamics to supply state-of-the-art defense technologies to meet the American Armed Forces’ military needs.

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