Global command and control systems market report published by Accurize Market Research forecast that the global market is expected to reach $37 billion by 2025; growing at a CAGR of 4.3% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Transformation of military infrastructure R&Dacross the globe to drive the growth of the market
Transformation of military infrastructure fuels the demand for the global command and control systems market. Furthermore, technological advancements and R&D also boosts the growth of the market.
Market Segmentation
The global command and control systems market has been bifurcated on the basis of application, platform, solution, and geography. Based on the application, the command and control systems market is segmented into defense and commercial applications. Based on the platform segment, the command and control systems market is segregated into land, naval, airborne and space. Based on the solution segment, the command and control systems market is divided into hardware, software, and services.
By geography, the market is segmented into North America, Europ
e, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France, and others. Asia-Pacific covers China, India, Japan, and the rest of Asia-Pacific. RoW covers South America, the Middle East, and Africa.
“North America dominated the global market with the highest market share over the forecast period", says Accurize
In 2017, the North America market accounted for the largest market share in the market, owing to rapid technological developments and the presence of major control and command system providers. Further, combined global military operations practiced by the U.S. in the Middle Eastern zone are contributing to the growth of the regional market. Moreover, Asia Pacific is expected to attain the fastest growing regional market throughout the forecast period.
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Top players in the market
The key market players include Raytheon, Northrop Grumman, Lockheed Martin, General Dynamics, Rockwell Collins, Leonardo, BAE Systems, Northrop Grumman, Thales, SAAB, Systematic, Honeywell, Siemens and Motorola Solutions among others.