C4ISR Market Outlook 2017-2026; CAGR Expected at 4.4%
June 18, 2018 | Business WireEstimated reading time: 1 minute
The Global Command, Control, Communications, Computers, Intelligence, Surveillance & Reconnaissance (C4ISR) Market is accounted for $98.7 billion in 2017 and is expected to reach $145.8 billion by 2026 growing at a CAGR of 4.4% during the forecast period.
The growth of this market is mainly driven by rising use of geospatial intelligence and usage of Situational Awareness (SA) in military operations. In addition growing demand for mobile command systems and a number of technological advancements such as combat systems, cyber-defense, and wind shear technology.
A C4ISR technique is used to collect and broadcast information. C4ISR system is a mix of software and robust hardware, wherein, the absence or lack of either will make the system handicap and incapable of proper and efficient functioning. It also includes information assurance products and services, as well as communications standards that support the secure exchange of information by C4ISR systems.
Based on platform the airborne segment is expected to be the fastest-growing segment due to the development of new communication and data linking technologies for integration of various airborne platforms. By application, the electronic warfare segment is anticipated to grow at the highest CAGR during the forecast period. It is used for various electronic attack, electronic support, and electronic defense missions and it provides the capability to operate in aggressive environments by securing various air defense systems.
Suggested Items
Saab Announces Plans for New Munitions Facility in U.S.
04/03/2024 | SaabSaab announced plans to build a new munitions facility in the U.S., continuing the company’s strong investment and growth domestically.
Arlon EMC Receives IPC-4101 QPL Recertification
03/20/2024 | Arlon Electronic MaterialsArlon Electronic Materials has successfully completed an intensive two-day recertification audit by IPC Validation Services that examined Arlon’s manufacturing processes and testing procedures to assure that they are in conformance to the requirements of IPC-4101E-WAM1, the Specification for Base Materials for Rigid and Multilayer Printed Boards.
Orbit International Electronics Group Reports Bookings for February 2024 in Excess of $2,000,000
03/14/2024 | Globe NewswireOrbit International Corp., an electronics manufacturer and software solution provider, announced that its Electronics Group (OEG) reported bookings for the month of February 2024 in excess of $2,000,000.
U.S. Space Force Awards Boeing WGS-12 Communications Satellite Production Contract
03/07/2024 | BoeingBoeing received a $439.6 million contract to build the 12th Wideband Global SATCOM (WGS) communications satellite for U.S. Space Force's Space Systems Command.
IPC Releases Newest List of Standards Updates, Revisions
02/20/2024 | IPCEach quarter, IPC releases a list of standards that are new or have been updated. To view a complete list of newly published standards and standards revisions, translations, proposed standards for ballot, final drafts for industry review, working drafts, and project approvals, visit ipc.org/status.