According to the latest report by IMARC Group “Command and Control System Market Growth: Global Industry Trends, Share, Size, Opportunity and Forecast 2021-2026“, The global command and control system market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.
A command and control system relies on software, hardware, equipment, standard procedures, applications, and different interfaces to facilitate communication across all levels of command. It also involves allocating resources, formulating concepts, positioning forces, and supervision. It assists military organizations in directing, effective planning, and monitoring operations-assigned forces by providing comprehensive, accurate, and real-time information.
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Increasing terror attacks across the globe represent one of the key factors catalyzing the demand for command and control systems to combat and limit terror attacks. Besides this, rising geopolitical tensions are increasing the need for situational awareness among military organizations to keep track of combatant aircraft, ships, and weapons. Furthermore, the growing use of space-based command and control infrastructure for enhanced connectivity and mission support is creating a favorable outlook for the market. Additionally, leading players are focusing on upgrading and modernizing command and control systems to serve the needs of the defense sector. This, along with the increasing defense budget on technological advancements, is anticipated to support the growth of the market.
Breakup by Platform:
Breakup by Solution:
Breakup by Application:
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- BAE Systems plc
- CACI International Inc.
- Elbit Systems Ltd.
- General Dynamics Mission Systems Inc (General Dynamics Corporation)
- L3Harris Technologies Inc.
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- RGB Spectrum
- Saab AB
- Thales Group
- The Boeing Company.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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