Global C4ISR Market Will Reach USD 127.2 Billion By 2024: Zion Market Research

According to the report, the global C4ISR market accounted for USD 99.1 billion in 2017 and is expected to reach USD 127.2 billion globally by 2024, at a CAGR of around 3.6% between 2018 and 2024.

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New York, NY, Dec. 21, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “C4ISR Market by Platform (Land, Air, Sea, and Space), by Application (Command & Control, Computers, Communication, Intelligence, Surveillance & Reconnaissance, and Electronic Warfare), and by End-Use (Defense and Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024”. According to the report, the global C4ISR market accounted for USD 99.1 billion in 2017 and is expected to reach USD 127.2 billion globally by 2024, at a CAGR of around 3.6% between 2018 and 2024.

C4ISR systems provide data capture, assessment, manipulation, and distribution in a protected network-centric environment. These systems are preliminarily used in the defense sector and government agencies. All these systems collectively provide warfighters and generals with information that help them in making critical decisions. C4ISR is used for raising situational awareness. All components of C4ISR systems need to operate together for its proper functioning.

Browse through 74 Tables & 28 Figures spread over 137 Pages and in-depth TOC on “Global C4ISR Market Size & Trends 2017 Analysis: Industry Share, Growth, Segments and Forecast 2017 – 2022”.

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The increasing demand for surveillance systems is likely to fuel the rise of the C4ISR market in the forthcoming years. C4ISR consists of surveillance systems that are used for security purposes. In 2017, the global security equipment in city surveillance surpassed USD 3 billion. It is projected that from 2016 to 2021, the global market for city surveillance will grow at a rate of 14.6% annually. Furthermore, the introduction of smart cities is projected to fuel the C4ISR market in the future, owing to the utilization of surveillance systems.

The rising demand for communication systems will fuel the C4ISR market growth over the forecast timeframe. Due to the increasing adoption of unmanned vehicles, such as drones for various defense applications, communication systems have become an integral part of security systems. Communication systems for the defense sector have to provide secure and rapid transmission of data. C4ISR systems provide various benefits, such as capture, transmission, reception, and distribution of information. Furthermore, the growing investments related to defense technology are projected to further boost the C4ISR market. Developing economies, such as India and China, are investing in defense technology. The Indian army’s expenditure regarding ISR systems is projected to surpass USD 6 billion by 2020, which, in turn, is expected to further propel this market in the future.

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The C4ISR market is segmented into platform, application, application, and end-use. By platform, the C4ISR market is fragmented into land, air, sea, and space. Command and control, computers, communication, intelligence, surveillance and reconnaissance, and electronic warfare form the application segment of this market. The surveillance and reconnaissance segment is likely to witness considerable growth in the C4ISR market over the estimated time period, due to the rising demand for unmanned surveillance vehicles. Defense and commercial comprise this market’s end-use segment. The defense segment is further segmented into military and government agencies. Government agencies are anticipated to grow significantly over the forecast period, owing to the increasing government investments made in adopting these control systems.

North America is anticipated to hold a substantial share of the global C4ISR market. The U.S. is the most attractive country in this regional market, due to the rising demand for surveillance applications. C4ISR consists of surveillance systems for security applications. The U.S. government is focusing on expanding its space surveillance. The U.S. is also partnering with Australia to establish space surveillance radar and relocate the optical space surveillance telescope in Western Australia. This, in turn, is likely to fuel the C4ISR market in the upcoming years.

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The European C4ISR market is driven by the growth of the aerospace sector. C4ISR systems are used for communication in airplanes. In 2017, the commercial aerospace sector grew by 3.7% owing to the increased aircraft deliveries. In 2016, the European aerospace and defense industry generated a turnover that was about 11% more than that of 2015. UK, France, Germany, and Italy were the major contributors. Furthermore, in 2017, the UK aerospace sector generated about USD 40.6 billion in revenue, which was more than 40% over the past five years. This, in turn, led to an increase in the demand for C4ISR systems in the European region.

Asia Pacific region is likely to grow considerably over the estimated timeframe in this global market. Developing economies, such as China and India, have huge growth potential in the region’s C4ISR market, owing to the growing demand for commercial drones. In 2016, about 390,000 camera drones were shipped to China and this figure is projected to reach 3 million units by 2019. This growth in number can be attributed to the shifting focus of various drone manufacturers to the Chinese commercial sector. Retailers and other sectors are focusing on using drones for providing services and surveillance purposes. Thus, it is expected that the Asia Pacific C4ISR market is anticipated to show good growth in the future.

The Middle East and African region is likely to witness a substantial rise in the C4ISR market over the estimated timeframe, due to the increasing adoption of technology in the defense sector. UAE is anticipated to be the most lucrative country for the C4ISR market in this region. In 2016, UAE’s defense expenditure was about USD 23.4 billion. It is projected to grow at a rate of 6.5% to USD 31.8 billion by 2021. The country’s procurement includes command and control, intelligence, surveillance, and reconnaissance along with missiles, logistics, etc.

Browse the full "C4ISR Market by Platform (Land, Air, Sea, and Space), by Application (Command & Control, Computers, Communication, Intelligence, Surveillance & Reconnaissance, and Electronic Warfare), and by End-Use (Defense and Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024" Report at

The Latin America C4ISR market is projected to show good growth over the forecast time period. Brazil is likely to emerge as the most lucrative market in this region. The C4ISR electronics and IT accounted for 19.2% of Brazil’s defense and security capital expenses. These expenses are anticipated to rise due to constant technological advancements, which, in turn, is likely to drive this region’s C4ISR market in the future.

Some of the top players of the C4ISR market are Raytheon, Lockheed Martin, Bae Systems, Rockwell Collins, Elbit Systems, General Dynamics, L-3 Technologies, Harris Corporation, Rheinmetall AG, Leonardo S.P.A., Thales Group, and Saab Group among others.

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This report segments the global C4ISR market into:

Global C4ISR Market: Platform Analysis

  • Land
  • Air
  • Sea
  • Space

Global C4ISR Market: Application Analysis

  • Command & Control
  • Computers
  • Communication
  • Intelligence
  • Surveillance & Reconnaissance
  • Electronic Warfare

Global C4ISR Market: End-Use Analysis

  • Defense
    • Government Agencies
    • Military
  • Commercial
    • Critical Infrastructure
    • Commercial Space
    • Industrial

Global C4ISR Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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