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Integrated Combat System Market Size, Share, and Russia-Ukraine War Impact Analysis, By Application (Intelligence, Surveillance, and Reconnaissance, Communication, Command and Control, and Others), By End User (Military, Coast Guard, Law Enforcement, Border Protection, Special Forces Organizations, and Others), By System (Hardware and Software), and Regional Forecast, 2024-2032.
Report Format: PDF | Published Date: Ongoing | Report ID: FBI108124 | Status : UpcomingThe global Integrated Combat System Market is undergoing notable growth, with a substantial CAGR expected during the forecast period leading up to 2032. An integrated combat system is a management system used to combine a common software and hardware to provide better synchronization by coordinating inputs from different places and displaying them across all the vehicles in connection with the software. The system co-ordinates between different platforms through the software and irrespective of the hardware.
Key Market Insights:
The market is driven by the acquisition and modernization of military equipment such as military aircrafts, submarine, armored vehicles, and others. Countries with large military capabilities are focusing on upgrading the existing equipment to be at par with the latest technology.
The integrated combat system is used by the military, law enforcement agencies, border protection forces, coast guard, and other such divisions. The system gives the user the capabilities for surveillance, reconnaissance, communication, intelligence, and other competencies, which are in co-ordination with other users in the network. The system comprises of both hardware and software. The hardware is used for the input and output function, while the software is used for the computation of the data.
Restraints for the market include the high cost associated with the development, installation, and maintenance of the equipment, and the regulations laid down by the governments of different countries for the production of these systems.
Impact of the Russia-Ukraine War on the Global Integrated Combat System Market:
The Russia-Ukraine War has positively impacted the market. Since its beginning in early 2022, the war has seen significant military investments from both sides. These include both acquisition of new equipment, as well as upgradation of the existing one. Integrated combat systems have seen vast use in aircrafts, military helicopters, and land vehicles. The supply of equipment from NATO nations has also boosted growth of the market. Increase in the production of defense equipment has extensively contributed towards the growth of the market.
The global integrated combat systems market can be segmented into three broad categories- by application, by end user, and by system. Based on the application, the market is divided into Intelligence, Surveillance, and Reconnaissance (ISR), communication, command and control, and others. Based on the end user, the market is divided into military, coast guard, law enforcement, border protection, special forces organization, and others. Based on the system, the market is bifurcated into Hardware and Software. Based on the region, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and the Rest of the World.
Key Insights:
The report will describe the following key insights:
- The report analyzes a detailed industry overview, including qualitative and quantitative information.
- The report analyzes an overview and forecast of the Global Integrated Combat System Market based on various segments.
- The report also analyzes comprehensive PEST analysis for all four regions, i.e. North America, Europe, Asia-Pacific, and the Rest of the World, after evaluating economic, social, political, and technological factors affecting the Global Integrated Combat System Market in these regions.
Regional Analysis:
North America is a major hub for the market. The nations in the region are increasing their focus on modernizing their existing military capabilities, and this includes then addition of integrated combat systems. The presence of big players in the area, and the large military expenditure in the region, also contribute towards the region’s importance in the market.
The Asia Pacific region is projected to contribute more towards the market in the future. Territorial conflicts are increasing in the region, leading to countries investing in their militaries. India, China, South Korea, and other nations are focusing more on upgrading their existing equipment. The setting up of new hubs for the development of these systems, and the emergence of new market players, will aid the growth of the market in the region.
Key Players Covered:
- Raytheon Technologies
- Lockheed Martin Corporation
- Saab AB
- BAE Systems
- Thales Group
- Northrop Grumman Corporation
- QinetiQ Group PLC
- Leonardo-Finmeccanica
- Others
Segmentation:
By Applications | By End User | By System | By Region |
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Key Industry Developments:
- In May 2023, Systems Engineering and Assessment (SEA) received a five-year contract to provide combat systems support to the U.K. Royal Navy. Under the contract, SEA will deliver Combat System Highway (CSH) related services for both the Royal Navy and shore-based facilities.
- In May 2023, Thales Group announced that it had received a USD 88.18 Million contract from the U.K. Ministry of Defence to provide its sixth additional combat mission system to the Royal Navy for the Type 31 frigate programme.
- Global
- 2023
- 2019-2022