• Blog
  • Combat Management System Market Growth Analysis | 2023-2028

    Combat Management System Market Growth Analysis | 2023-2028

    Combat Management System Market Growth Analysis | 2023-2028
    Report code - SRAD252 Delivery - 2 Weeks
    Combat Management System Market Size, Share, Trends, Forecast, & Growth Analysis &ndas See more...

    Market Insights

    The combat management system market was estimated at USD 333.3 million in 2022 and is likely to grow at a CAGR of 5.05% during 2023-2028 to reach USD 447.93 million in 2028.

    Combat-Management-System-Market-Insights

    Want to know more about the market scope? Register Here

    What is a combat management system?

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

    The 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.

    Combat Management System Market Report Highlights

    Market Size in 2022

    USD 333.3 million

    Market Size in 2028

    USD 447.93 million

    Market Growth (2023-2028)

    5.05% CAGR

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    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

    Market Dynamics

    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.

    Combat-Management-System-Market-Dynamics

    Want to have a closer look at this market report? Click Here.

    Segment Analysis

    By Sub-System Type

    The combat management system market is segmented into self-defense management systems, 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.

    By Component Type

    The market is segmented into 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 2022 and is also anticipated to register 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 the combat management system.

    By Platform Type

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

    Regional Insights

    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.

    Combat-Management-System-Market-Regional-Insights

    Know the high-growth countries in this report. Register Here

    Critical Questions Answered in the Report

    • What are the key trends in the market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the market?
    • What are the key strategies adopted by the major vendors to lead in the market?
    • What is the market share of the top vendors?

    Market 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 combat management system market is segmented into the following categories.

    By Sub-System Type

    • Self-Defense Management System
    • Identification Systems
    • Weapon Management Systems
    • Track Management Systems
    • Display Systems
    • Situational Awareness Systems
    • Unmanned Vehicle Control Systems

    By Component Type

    • Software
    • Hardware

    By Platform Type

    • Destroyers
    • Submarines
    • Frigates
    • Amphibious Ships
    • Corvettes
    • Fast Attack Craft (FAC)
    • Aircraft Carriers

    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)

    Combat-Management-System-Market-Segmentation

    Click Here, to learn the market segmentation details.

    Research Methodology

    This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, 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.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Combat Management System Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Report 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.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The combat management system takes care of planning for combat missions, units coordination during combat, rationalizing intelligence statistics on the map and retrieving the history to investigate any event of an error. The 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.

    The combat management system market was estimated at USD 333.3 million in 2022.

    The combat management system market is likely to reach USD 447.93 million in 2028.

    The combat management system market is expected to witness an impressive growth of 5.05% CAGR in the foreseeable future.

    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 are among the key players in the market.

    Asia-Pacific is expected to witness the highest growth in the market in the coming five years.

    The unmanned vehicle control systems segment is estimated to depict the highest growth in the market during the next five years.

    The unmanned vehicle control systems segment is expected to depict the highest growth in the market in the coming years.

    •   

      Why are We Class Apart?

      No One Does Better in Aerospace Market Research Than Us

      Largest Number of Premium Studies in Aerospace Industry

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across Aerospace Value Chain

      Track the Latest Trends in Aerospace Industry

      Know High Growth Opportunities