Australia C4ISR Market: Analysis of Growth, Trends Progress and Challenges (2018-2023)
The Australia C4ISR Market will account to $1.94 billion by 2020. This market will grow from $1.45 billion in 2015 at a CAGR of 6.01% over the coming 5 years.
Due to the rising usage of the UAVs, air based c4isr market will show the highest growth rate among all the platforms in Australia. This segment will be closely followed by the Naval based C4ISR market. Australia, due to its strategic location and rising geopolitical clout, will be ramping up the spending on naval c4isr systems. Though Australia is overall a peaceful country and faces no border threats from any country owing to its location, the region may see military tension in the future. However, an anticipated defense strategy for ensuring safety and stability in the country could propel the market for C4ISR in the country. Australia recently purchased 8 state-of-the-art (Boeing P8) aircrafts from the United States, to boost its surveillance capabilities. Australia was only the second country to be offered the P8, after India. This has boosted the Australian C4ISR Market greatly.
CAE, Rheinmetall Defense, Lockheed Martin are some of the important players in the Australia C4ISR market. The market has been segmented by Type (Command & Control, ISR, Computer, Communication, Electronic Warfare) and Platform (Land Based, Air Based, Sea Based, Space Based).
What the report offers
Market analysis for the Australia C4ISR Market, with region specific assessments and competition analysis on global and regional scales Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect the Australia C4ISR Market on both global and regional scales A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market