Combat Management System Market | 2022-2028

Market Insights

The combat management system market was estimated at USD 317.13 Million in 2021 and is likely to grow at a CAGR of 5.01% during 2022-2028 to reach USD 448.77 Million in 2028.

Market Drivers

Some of the prime drivers contributing to the growth of the market comprise the rising demand for advanced situational awareness systems in naval ships and submarines and the upsurge in the upgradation of combat management systems by different navies across the globe.

What is Combat Management System?

Combat Management System takes care of planning for combat missions, units’ coordination during combat, rationalizing of intelligence statistics on the map and retrieving the history to investigate any event of an error.

Combat Management System provides a service-based framework that remains accessible. In addition, this system also assists in precise and fast-reacting fusion, analysis and transmission of loads of sensor data to efficiently manage the deployment of ships and other necessary resources embedded within the framework of operations that remain combined.

Segment Analysis

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Sub-System Type

The market is segmented as self-defense management system, identification systems, weapon management systems, track management systems, display systems, situational awareness systems, and unmanned vehicle control systems. The unmanned vehicle control systems segment is estimated to depict the highest growth, driven by the rising acceptance of unmanned vehicles, such as UAVs, UUVs, and UGVs in naval combat operations, during the forecast period.

Component Type

The market is segmented as software and hardware. The hardware segment has been further sub-segmented into control consoles, combat data centers, and data network switchers. The software segment dominated the market in 2021, and is also anticipated to register a higher growth during the forecast period. The growth of the segment can be attributed to the high development cost of software, which is based on the intricate architecture of combat management system.

Platform Type

The market is segmented as destroyers, submarines, frigates, amphibious ships, corvettes, fast attack craft (FAC), and aircraft carriers. The corvettes segment is estimated to witness the highest growth during the forecast period, owing to the rise in deliveries of corvettes across the globe.

Region Analysis

The Asia-Pacific market is projected to account for the highest growth in the coming five years. China, India, and Japan are the growth engines of the region and are also, exceedingly investing in the development of future-centric naval technologies. The market is driven by the growing ship building activities and the rising deliveries of combat vessels in the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The market is segmented into the following categories. 

by Sub-System Type:

• Self-Defense Management System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Identification Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Weapon Management Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Track Management Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Display Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Situational Awareness Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Unmanned Vehicle Control Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

by Component Type:

• Software (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Hardware
•  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• (Component Type Analysis: Control Consoles, Combat Data Centers, and Data Network Switchers)

by Platform Type:

• Destroyers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Submarines (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Frigates (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Amphibious Ships (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Corvettes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Fast Attack Craft (FAC) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Aircraft Carriers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the major players in the market are-

• BAE Systems plc
• Elbit Systems Ltd.
• Israel Aerospace Industries Ltd.
• Kongsberg Gruppen
• Lockheed Martin Corporation
• Leonardo S.p.A.
• Northrop Grumman Corporation
• The Raytheon Company
• Saab AB
• Thales Group

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Overview, industry life cycle analysis, supply chain analysis
• Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Trend and forecast analysis
• Segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Customization Options

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the platform types by component type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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