Combat System Integration Market by Application (Land-based, Naval, Airborne), Platform (Large Ships, Medium Ships, Small Ships, Submarines, Fighter Aircraft, Combat Helicopters, Armored Vehicles/Artillery), Region - Global Forecast to 2022 The combat system integration market is projected to grow from USD 4.26 Billion in 2016 to USD 25.46 Billion by 2022, at a CAGR of 34.7% during the forecast period, 2016 to 2022. Browse 93 market data tables and 60 figures spread through 172 pages and in-depth TOC on â€œCombat System Integration Market - Global Forecast to 2022â€? http://www.marketsandmarkets.com/Market-Reports/combat-systemintegration-market-257282219.html Leading players in the combat system integration market include Lockheed Martin Corporation (U.S.), BAE Systems PLC (U.K.), Raytheon Company (U.S.), Saab AB (Sweden), and Thales Group (France), among others. Early buyers will receive 10% customization on reports. Among all platforms, the submarine segment led the combat system integration market Based on platform, the submarine segment is anticipated to lead the combat system integration market from 2016 to 2022. Submarine is widely used by military forces worldwide for varied applications such as patrolling, target acquisition, tracking, and surveillance. Emerging countries such as China and India, among others are developing a large force of submarines. These countries are investing in Air-Independent Propulsion (AIP) technology and focusing on the manufacture of nuclear
submarines. For instance, China launched the worldâ€™s largest nuclear submarine known as TYPE 032 in 2010. India is also building six new nuclear submarines; in 2016, the country commissioned its new nuclear submarine, INS Arihant. Such developments are expected to fuel the growth of the combat system integration market in the submarine segment. Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=257282219 The naval application segment is anticipated to grow at the highest CAGR during the forecast period The combat system integration market has been segmented and analyzed on the basis of application into naval, airborne, and land-based. Based on application, the naval segment is projected to grow at the highest CAGR from 2016 to 2022. This growth is primarily driven by increase in the number of navy combat system modernization programs, procurement of new military equipment, and rise in defense spending, globally. The U.S. and the U.K. to be opportunistic markets for combat system integration The U.S. and the U.K. are expected to be key markets for combat system integration in the coming years; this market in the U.S. is projected to grow at the highest CAGR during the forecast period. Growth of the combat system integration market in G7 nations is mainly attributed to the increasing research & development activities undertaken for the development of advanced technology-based designs of combat systems. Integration helps in troubleshooting, maintaining, and repairing not only radars and communications systems but also flight controls and weapons systems.
On the basis of platform, the combat system integration market has been segmented into large combat ships, medium combat ships, small combat ships, submarines, fighter aircraft, combat helicopters, and armored vehicles/artillery. Increasing demand for integration of combat systems can be attributed to several factors, which include upgradation of existing naval platforms, need for interconnected warfare systems, and requirement for command & control over large scale combat platforms, among others. These factors are expected to fuel the growth of the market during the forecast period. Use of combat system integration in the defense sector has increased considerably over the past few years. In addition, there is increase in the number of new combat systems that are manufactured, worldwide. These combat systems as well as support systems need to be integrated with each other on combat platforms. Among applications, the naval segment is projected to lead the combat system integration market during the forecast period. This segment is expected to witness the highest growth during the forecast period. About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model â€“ GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
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