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(Chicago.CityRegions.Com, March 17, 2017 ) The growth of the military CNS technologies market can be attributed to huge R&D investments for defense operations, demand for advanced systems to replace legacy equipment, availability of small components at low cost, and UAV revolution from reconnaissance.
Browse 39 market data tables and 88 figures spread through 211 pages and in-depth TOC on "Military CNS Technologies Market - Global Forecast to 2022"
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The airborne subsegment of C4ISR technologies is expected to grow at the highest CAGR during the forecast period in the Military CNS Technologies Market
The airborne subsegment of C4ISR technologies is projected to grow at the highest CAGR of 4.29% during the forecast period. Airborne platforms have the potential to support government-related economic activities and military tasks across both, public and private security sectors. Airborne C4ISR systems include solutions for robust long-range broadband communication via satellite, vehicle integrated tactical C4ISR technologies, and operational C4ISR technologies.
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L3 Technologies (U.S.) and Northrop Grumman Corporation (U.S.) are leading providers of manned airborne intelligence, surveillance, and reconnaissance products and services for military organizations.
The ground-based subsegment projected to lead the military radar technologies segment during the forecast period in the Military CNS Technologies Market
The growing military capabilities of countries such as China and India are influencing the demand for military radar, which is an integral part of the Military CNS Technologies Market. The Middle Eastern countries such as Saudi Arabia and Iran, are increasingly investing to improve their military capabilities. Growing rivalry between Iran and Saudi Arabia is expected to fuel the procurement of military radar in the Middle Eastern region. The threat of ISIS to Turkey, Egypt, and Israel is also anticipated to drive the airborne subsegment of military radar technologies. Airborne attacks on ISIS-controlled areas are carried out using airborne and ground-based military radar.
G7 and BRICS to be the most lucrative markets for software defined radio
G7 nations and BRICS countries are considered to be key markets for software defined radio technologies. These regions have collaboratively accounted for a share of 90% of the software defined radio technologies segment in 2016. Increase in the procurement of advanced communication systems, such as communication systems based on Internet Protocol (IP) and Voice over Internet Protocol (VoIP), has contributed to the growth of the software defined radio technologies segment. This segment in BRICS is anticipated to grow at a CAGR of 14.00% between 2016 and 2022.
Major players in the military CNS technologies market are Lockheed Martin (U.S.), Raytheon Company (U.S.), Northrop Grumman Corporation (U.S.), Saab Group (Sweden), Thales Group (France), BAE Systems plc (U.K.), Elbit Systems Ltd. (Israel), L3 Technologies (U.S.), General Dynamics Corporation (U.S.), and Honeywell International Inc. (U.S.).
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