In many cases, the demand for the land-based systems will be replacement based, as countries will be seeking to replace their old outdated systems, mostly of the soviet era. This replacement trend will be prominent in countries like Japan, South Korea and Eastern European nations, where a spike in defense budgets is evident. The market is expected to register considerable growth, driven by higher military spending in Asia-Pacific. Military vehicle electronics act as a communication bridge between troops and ground station personnel. A much greater emphasis has been put on the vehicle-mounted C4ISR, communication and networking systems. These efforts fit nicely into the kind of technologies and products offered by the military embedded computing industry.
Budget Cuts and Military Downsizing
In 2018, North America had the highest share of the market; however, military budget cuts in US is likely to impact the market immensely by 2019. The Budget Control Act, passed by US Congress in 2011, aims to cut USD 487 billion from the overall military spending in the next 10 years, with an additional sequestration of USD 495 billion by the government because of short-term fiscal concerns. Amidst a challenging budgetary environment, US military sector is faced with the challenge of reducing costs while procuring, maintaining, and enhancing the military communications and man portable electronic warfare systems.
In addition, military downsizing is a restrained and defensive strategy being employed by US and countries in Europe. This limits the development, maintenance, up gradation and procurement of man portable military electronic technologies, which is a major concern in the market.
For example, in 2015, China had planned to lay off 300,000 army personnel from the 2.3 million military strength, due to the economic slowdown in the country. Similarly, between 2010 and 2020, the UK is expected to reduce the size of its military troops from 178,000 to 147,000, with an immediate reduction of 4,480 personnel by 2015. In 2015, US Army had planned to reduce more than 40,000 troops over the next two years, thus reducing the number of active troops from 490,000 to 450,000. In addition to the troop reductions, 17,000 army civilian employees would be laid-off during the same period.
Increased C4ISR Spending in Developing Market
The military is evolving at a faster rate, propelled by developments in industry and by the cutting-edge capabilities emerging from Pentagon research organizations like the Defense Advanced Research Projects Agency.
APAC is expected to grow significantly as compared to the other regions. It consists of countries with high military expenditure, such as India and China. With geopolitical tensions in South China Sea and border issues in multiple countries, procurement of C4ISR will increase across the region. China, South Korea, Japan, and Indonesia are the key growth countries in this region. Forced modernization efforts across the Asia-Pacific region are also expected to increase the procurement of C4ISR systems. Since most of the nations are using old Soviet era systems, the modernization of systems is also expected to increase the procurement of C4ISR.
• March 2018: Elbit Systems Awarded USD 65 Million Contract to Supply Comprehensive SAR Solution to an Asian-Pacific Country.
• April 2017: Australia selects Raytheon forUSD1.5B ground-based air defense system
Major Players: ELBIT SYSTEMS LTD., BAE SYSTEMS PLC., SAAB AB, amongst others.
Reasons to Purchase this Report
• Study on the adoption of Land Based C4ISR in developing regions and its effects on the global C4ISR industry.
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
• Study on the type of players expected to dominate the market during the forecast period.
• Study on the region expected to witness fastest growth during the forecast period.
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet (in excel).
Customization of the Report
This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
Companies Mentioned are -
Elbit Corporation, Harris Corporation, Thales Group, ThalesRaytheon Systems, SAAB, CACI International Inc, BAE Systems Plc, Sabre Systems, Lockheed Martin, Northrop Grumman Corporation, Kratos Defense and Security Solutions
1.1 Study Deliverables
1.2 General Study Assumptions
2. RESEARCH METHODOLOGY
2.2 Analysis Methodology
2.3 Study Assumptions
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW AND TECHNOLOGY TRENDS
4.1 Current Market Scenario
4.2 Technology Trends
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Threat of Substitutes
4.3.3 Bargaining Power of Suppliers
4.3.4 Bargaining Power of Buyers
4.3.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
6. GLOBAL LAND BASED C4ISR MARKET SEGMENTATION, BY TYPE
6.1 Command & Control
6.5 Electronic Warfare
7. GLOBAL LAND BASED C4ISR MARKET SEGMENTATION, BY GEOGRAPHY
7.1 North America
7.1.1 United States
7.1.4 Rest of the North America
7.2.2 United Kingdom
7.2.6 Rest of the Europe
7.3.4 Rest of the Asia-Pacific
7.4 South America
7.4.3 Rest of the South America
7.5 Middle East & Africa
7.5.1 Saudi Arabia
7.5.2 South Africa
7.5.3 Rest of the Middle East & Africa
8. COMPETITIVE LANDSCAPE
8.2 Market Share Analysis
9. COMPANY PROFILES
9.1 Elbit Corporation
9.2 Harris Corporation
9.3 Thales Group
9.4 ThalesRaytheon Systems
9.6 CACI International Inc
9.7 BAE Systems Plc
9.8 Sabre Systems
9.9 Lockheed Martin
9.10 Northrop Grumman Corporation
9.11 Kratos Defense and Security Solutions
10. FUTURE OUTLOOK
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.