Global NATO C5ISR Market – Description
C5ISR plays a major role in the real-time integration of combat management and battlefield management systems for the navy and army. It also helps in integrating fire control radar and systems, weapon systems, encrypted communication, electronic warfare, and various network-centric warfare applications.
Global NATO C5ISR Market – Overview
It is estimated for the global NATO C5ISR market to witness growth at a tremendous rate during the forecast year 2022 to 2030. The market witnessed growth at a healthy rate even during the previous forecast period of 2018 to 2021.
The emerging countries have allocated substantial shares of their defence budgets to augment their existing defence power. This factor is also estimated to boost the growth of the market during the forecast period.
The increased expenditure by various countries on their military activities including China and India is expected to boost the growth of the market for global NATO C5ISR market during the forecast period of 2022 and 2028.
The need for real-time situational awareness, the need for secure communications, and the need for interoperability between different countries are driving the growth of the market. Also, improved intelligence, surveillance, and reconnaissance capabilities, and the need for better command and control of military forces are the factors that are driving the growth of the market during the forecast period.
Global NATO C5ISR Market – Key Trends
Increasing expenditure on the defense sector to boost the growth of the market
Countries all around the world are increasing their expenditure on the defense sector. Manufacturing or import of newer technologies to their country in order to remain a step ahead of their enemies has been the prime focus. This factor is estimated to drive the growth of the market during the forecast period.
Increased expenditure by the emerging economies in the defense sector to foster the growth
The increased expenditure by various economies on their military activities including China and India is expected to boost the growth of the market for global NATO C5ISR market during the forecast period of 2022 and 2028.
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Global NATO C5ISR Market – Segmental Assessment
By Type
• Land
• Naval
• AirborneIt is estimated for the land category to grow at a faster rate in the market.
By Application
• Command & control
• Communications
• Surveillance & reconnaissance
• OthersIt is estimated for the communications category to boost the growth of the market.
Global NATO C5ISR Market – Geographical Landscape
North America, Europe, Asia-Pacific, and the Rest of the World are the major players in the market. Owing to favourable government initiatives, advancements in the technology, and the growing demand from businesses across various industries the market pertaining to the area of North America is expected to witness growth at the highest rate during the forecasted years (2022-2030).
Global NATO C5ISR Market – Competitive Hierarchy
The NATO C5ISR Market includes players such as Airbus, BAE Systems plc, Cubic Corporation, Elbit Systems Ltd, General Dynamics Corporation, L3Harris Technologies Inc, Leonardo SpA, Lockheed Martin Corporation, Northrop Grumman Corporation, and Thales Group.
Report Scope
Global NATO C5ISR Market : Historical Years (2018 to 2021)
Global NATO C5ISR Market : Forecast years (2022 to 2030)
Key Segments Reported
• By Type (land, naval, and airborne)
• By Application (command & control, communications, surveillance & reconnaissance, and others)
Major regions and countries covered
• North America
• Europe
• Asia-Pacific
• Rest of the World
The NATO C5ISR Market includes players such as Airbus, BAE Systems plc, Cubic Corporation, Elbit Systems Ltd, General Dynamics Corporation, L3Harris Technologies Inc., Leonardo SpA, Lockheed Martin Corporation, Northrop Grumman Corporation, and Thales Group.
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