Combat Management System Market Analysis | 2023-2028

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.

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Market Dynamics

Introduction

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.

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.

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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

Note: The above list does not necessarily include all the top players in the market.

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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.

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Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects combat management system market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• 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 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both 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 market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

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)

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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.

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