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Command and Control Systems Market projected to reach $35.65 Billion by 2022

 



(USGovernment-News.Com, August 08, 2018 ) This report provides an analysis of the command and control systems market from 2017 to 2022. It discusses industry and technology trends that currently prevail in the command and control systems market and analyzes the factors that drive and restrain growth, and the challenges faced by this market. The command and control systems market is projected to grow from an estimated USD 29.10 billion in 2017 to USD 35.65 billion by 2022, at a CAGR of 4.15% during the forecast period. Command and control systems ensure the survivability of army personnel in land, naval, airborne, and space based forces. The systems provide advanced intelligence from ISR systems which enable better interoperability to units on frontlines. The range of technologies available with respect to command and control systems is increasingly diverse, and their rapid evolution is driving the demand in the global command and control systems market.



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The development of new technologies in various commercial applications is leading to the growth of the market. The incorporation of geospatial information systems is a new technological advancement in command and control systems. These systems have been adopted for transportation, critical infrastructure, industrial, and homeland security.



The command and control software type solution segment is expected to lead the command and control systems market during the forecast period. The usage of these systems in Physical Security Information Management (PSIM), signaling and traffic management, infrastructure safety & security management, and military situational awareness are leading to the growth of these systems.



The commercial application is projected to grow at the highest CAGR during the forecast period. Growth of this segment can be attributed to increasing usage of these systems in transportation for vessel traffic management, air traffic and management, and railway based Communication Based Train Control (CBTC). Other prominent uses of command and control systems include critical infrastructure and industrial sectors.



Based on end user, the defense segment is the fastest-growing due to large scale modernization and development of new command and control technologies. These include technologies, such as network centric warfare, secure communication systems, cyber security, and new generation ISR systems. The requirement of information security for protection from cyber-attacks is another factor driving the defense end user market.



Based on platform, the command and control systems airborne platform is projected to be the fastest-growing segment during the forecast period. The growth is attributed to the development of new generation UAV systems, and increasing adoption of AWACS systems. These systems are increasingly being used for ISR missions which form an important part of command and control systems. Various countries are focusing on developing combat UAVs to increase their operational capabilities.



The Asia Pacific command and control systems market is projected to be the fastest-growing market during the forecast period. Countries are upgrading their surveillance and resource allocation abilities by upgrading their C4ISR systems. India is expected to drive the Asia Pacific command and control systems market. Countries, such as South Korea, China, and India are investing in these systems, which is an attractive opportunity for C4ISR system manufacturers. The increase in defense spending among countries in the Asia Pacific region is expected to lead to an increase in the demand for command and control applications. Investments in various transportation applications, such as metro and high-speed train projects are expected to drive this market. Various countries in the region are spending on homeland security applications due to insurgency and terrorism threats.



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