22.01.2017 19:30:00
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At 34+% CAGR, Combat System Integration Market Potentially Worth $25.46 Billion by 2022 Led by Submarine Platform
PUNE, India, Jan. 22, 2017 /PRNewswire-iReach/ -- The combat system integration market is driven by rapid development of naval systems in emerging economies and constant up gradation of existing combat systems, globally. The declining defense budgets in developed countries may restrain the growth of the combat system integration market in the U.S., the U.K., France, and Germany.Complete report on "Combat System Integration Market" spread across 172 pages, profiling 10 companies and supported with 93 tables and 60 figures is now available athttp://www.rnrmarketresearch.com/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-st-to-2022-market-report.html .
The BRICS combat system integration market projected to grow at the highest rate during the forecast period. BRICS led the combat system integration market in 2016 and is expected to continue its dominance during the forecast period, 2016 to 2022 as well. China is projected to lead the BRICS combat system integration market during the forecast period. The growth of the China combat system integration market can be attributed to increased investments being made in armed forces of the country and rapid advancements taking place in its warfare systems.
India is one of the world's largest defense equipment importers. It is investing increasingly in its navy, with procurement of almost 100 warships planned in the next decade. The integration of combat systems on various platforms and increasing interoperability between systems is crucial for defense forces, worldwide. This need for improved integration of combat systems is fueling the growth of the combat system integration market, globally.
From an insight perspective, the combat system integration market research report has focused on various levels of analysis - industry analysis (industry trends), market-share analysis of top players, supply-chain analysis, and company profiles, which together comprise and discuss basic views on competitive landscape, emerging and high-growth segments of the combat system integration market, high-growth regions and countries and their respective regulatory policies, government initiatives, and market drivers, restraints, and opportunities.
This research study is obliging for following audience:
The major companies profiled in the report include Lockheed Martin Corporation (U.S.), Leonardo-Finmeccanica (Italy), Raytheon Company (U.S.), BAE Systems PLC.(U.K.), QinetiQ Group PLC (U.K.), Saab AB (Sweden), and Thales Group (France).Make an Inquiry on "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" research report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=825393 .
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (35%), Tier 2 (45%) and Tier 3 (20%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (35%), Director Level (25%) and others (40%) from various key organizations operating in the combat system integration market. The primary interviews were conducted worldwide covering regions such as North America (45%), Europe (20%), APAC (30%) and RoW (5%).
Research Coverage: This report presents complete analysis of the combat system integration market during the forecast period. The combat system integration market has been broadly classified on the basis of application (naval, airborne, and land-based), platform (small combat ships, medium combat ships, large combat ships, fighter aircraft, combat helicopters, and armored vehicles/artillery), and region.
On a related note, another research titled Military Embedded Systems Market Global Forecast to 2021says, the military embedded systems market is expected to grow from USD 71.29 billion in 2016 to USD 134.88 billion by 2021 at a CAGR of 13.60% from 2016 to 2021. Land based systems cover weapon systems, armored vehicles, soldier systems, and other autonomous systems which are highly dependent on embedded systems. On the basis of application, the electronic warfare segment is projected to grow at the highest CAGR during the forecast period. North America is expected to be the largest market while Asia-Pacific region is expected to be the highest-growing market for military embedded systems market. Companies such as Kontron AG (Germany), Curtiss-Wright Corporation (U.S.), Microsemi Corporation (U.S.), Mercury Systems Inc. (U.S.), Xilinx, Inc. (U.S.), Radisys Corporation (U.S.), Concurrent Technologies Plc. (U.K.), and Eurotech S.P.A (Italy) have been profiled in this 154 pages research report available at http://www.rnrmarketresearch.com/military-embedded-systems-market-by-application-isr-communication-computer-cyber-combat-command-control-component-processor-gpu-dps-ip-chip-others-platform-land-air-naval-architecture-and-regi-st-to-2021-market-report.html .
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