According to the latest report by IMARC Group “Command and Control System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global command and control system market size reached US$ 36.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 45.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
A command and control system refers to several hardware and software solutions that are essential for carrying out military operations and activities. In terms of the platform, they can be segmented into land, maritime, space, airborne, and other categories. Command and control system solutions involve formulating concepts, allocating resources, deploying forces, and supervising. They aid military organizations in directing, planning, and controlling operations-assigned forces while improving individual performance. Command and control system services even prove extremely effective in the complex multi-threat environment as they allow dealing with a massive number of targets and compress reaction times of modern warfare. Consequently, they find extensive applications across various sectors, including government and defense, homeland security, cyber protection, oil and gas, etc.
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Market Trends:
The expanding geopolitical tensions among countries and the elevating need for situational awareness in law enforcement agencies and the military are primarily driving the command and control system market. In line with this, the rising requirement for advanced technologies that employ earth-observation satellites for communications, data collection, data processing, and threat detection and warning, which aid in keeping track of combatant ships, weapons, and aircraft, is acting as another significant growth-inducing factor. Apart from this, the increasing usage of the system to perform numerous procedural and technical functions, such as supervising air traffic, coordinating supporting arms, and managing fire control weapons systems, is also positively influencing the global market. Additionally, the escalating adoption of the products in oil and gas installation plants, airports, and utilities to facilitate enhanced operation, security, safety, and surveillance is further stimulating the market growth. Besides this, the growing focus among leading players on continuously upgrading and modernizing the system and the inflating military budgets across the globe are expected to propel the command and control system market over the forecasted period.
Breakup by Platform:
- Land
- Maritime
- Space
- Airborne
Breakup by Solution:
- Hardware
- Software
- Services
Breakup by Application:
- Defense
- Commercial
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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