Combat System Integration Market to offer a healthy CAGR of 35.2% during 2020-25
February 11, 2020
Combat System Integration Market Overview:
Combat System Integration Market is likely to witness an impressive CAGR of 35.2% during the forecast period. Mounting focus on the naval sector in emerging economies, unremitting upgradation of existing combat platforms and interconnected warfare systems, and commissioning of new warships are the major factors expected to drive the growth of the global combat system integration market during the forecast period.
Report Overview:
This new report from Stratview Research analyses the Combat System Integration Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Combat System Integration Market Segment Insights:
Dominance Of: Naval
Based on the application type, the market is segmented as naval, airborne, and land-based. The naval segment is estimated to dominate the market during the forecast period and register the highest growth.
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https://www.stratviewresearch.com/toc/710/combat-system-integration-market.html
A highly/moderately/fragment consolidated Market
The top 5 players, Honeywell International Inc. (the leader), Parker Hannifin Corporation, Eaton Corporation Plc, Woodward, Inc., Zodiac Aerospace, together account for two-thirds of the market.
Other important firms are United Technologies Corporation, Meggitt PLC, Circor International, Inc., and Crane Aerospace & Electronics. Execution of M&A activities,
Regional Hegemony
In terms of regions, the BRICS combat system integration market is estimated to portray the highest growth during the forecast period. The major drivers for the growth of the BRICS combat system integration market include incessantly increasing defense budgets of China and India. China is developing titanic force of blue water navy, while India is also solidifying its submarine and surface warship capabilities.
Based on the platform type, the market is segmented as large combat ships, medium combat ships, small combat ships, submarines, fighter aircraft, helicopters, and armored vehicles/artillery. Growing demand for integration of combat systems is owing to a host of factors, which comprise modernization of prevalent naval platforms, requirement for command & control over large scale combat platforms, and need for interconnected warfare systems, among others. These factors are likely to bolster the growth of the market during the forecast period.
The large combat ships platform segment has been sub-segmented as destroyers, frigates, cruisers, and amphibious ships. Among platforms, the submarines segment is estimated to register the highest growth during the forecast period. This growth can be attributed to the increasing demand for procurement of new underwater systems as well as pronounced focus of emerging economies on upgradation of their existing submarine platforms.
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