Global Combat Management Systems Strategic Research Report 2023: Artificial Intelligence (AI) and Electronic Warfare (EW) to Stir Next Wave of Growth in CMS Deployments and Capabilities
DUBLIN, Nov. 14, 2023 /PRNewswire/ — The “Combat Management Systems – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Combat Management Systems Market to Reach $448.9 Million by 2030
The global market for Combat Management Systems estimated at US$333.1 Million in the year 2022, is projected to reach a revised size of US$448.9 Million by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030.
Software, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$354.7 Million by the end of the analysis period. Growth in the Hardware segment is estimated at 3.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $102.9 Million, While China is Forecast to Grow at 5.7% CAGR
The Combat Management Systems market in the U.S. is estimated at US$102.9 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$90.9 Million by the year 2030 trailing a CAGR of 5.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.
What`s New?
Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one year
MARKET OVERVIEW
Influencer Market InsightsWhere Does this Leave Defense Spending?Japan Defense Budgets: A Pre & Post COVID-19 Comparison (In US$ Billion)UK Defense Budget: A Pre & Post COVID-19 Comparison (In US$ Billion)Combat Management System (CMS): A PreludeSoftware Segment to Achieve Higher GrowthEver-Hostile Geopolitical Scenario and Relentless Quest for Military Supremacy Create Ample Room for Advanced Naval Technologies such as CMSGlobal Military Spending (in US$ Billion) for the Years 2006 through 2022Military Expenditure as a % of GDP in Selct CountriesEmerging Markets Remain Long-Term Driving Forces for Combat Management SystemsCombat Management Systems – Global Key Competitors Percentage Market Share in 2022 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)Recent Market Activity
MARKET TRENDS & DRIVERS
Artificial Intelligence (AI) Steps In to Add Next Generation Capabilities to CMSApplication of AI in Unmanned Vehicles to Drive OpportunitiesThe US and China Seek Early Adopter Advantage in AI-Powered CMSWidespread Use in Submarines Drives Overall Revenue GrowthKey Technologies in Submarine Combat System (2019): Percentage Breakdown of Revenues by Armament TypeRise of Unmanned Vehicles Extends New Line of OpportunitiesGlobal Unmanned Underwater Vehicles Market in US$ Million: 2018-2026New Capabilities for Diverse Missions Drive USV AdoptionNew Generation Radars Empower CMS with Robust CapabilitiesEvolving Role of Electronic Warfare (EW) to Stir Next Wave of Growth in CMS DeploymentsAvailability of Sophisticated Combat Management Systems Fuels Wider Adoption: A Review of Select Established CMS Technologies
FOCUS ON SELECT PLAYERS (Total 38 Featured)
Lockheed Martin CorporationBAE Systems PLCElbit Systems Ltd.General Dynamics CorporationIsrael Aerospace Industries Ltd.Aselsan A.S.Bharat Electronics Ltd.General Dynamics Mission Systems, Inc.Kongsberg Gruppen ASAECA GroupLeonardo SpAAtlas Elektronik GmbHL3Harris Technologies, Inc.HAVELSAN A.S.Hanwha Group
For more information about this report visit https://www.researchandmarkets.com/r/3a3jx9
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