Brazil C4ISR Market - Analysis of Growth, Trends Progress and Challenges (2018 - 2023)
This market for Brazil C4ISR Market was valued at USD 1.4 billion in 2018. There has been a lot of activity happening in the Brazilian defence sector, specifically in the C4ISR space as Brazil strives to become a global power in the coming years. In order to strengthen its defences it recently awarded a USD 4.7 billion contract to SAAB AB to replace its ageing fleet. Brazil will receive 36 Gripen NG Multirole Aircraft, which will be equipped with state of the art C4ISR Systems.
On the downside, the major restraint for the C4ISR Market in Brazil is the economic slump in which the country is currently engulfed. The Brazil economy is expected to contract by 2% in FY15, and the contraction will most likely extend to 2016.Economic crunch and a falling Real has the potential to derail the C4ISR market in the country. However, the Brazilian economy is expected to come into positive territory by 2017, which will boost the C4ISR Market.
Technological Advancements in Space-based C4ISR
Rapid technological developments are breeding disruptive technologies in the defence industry. The impact of defence majors’ portfolio capabilities creates an unexpected competition, particularly in the case of sea-based C4ISR. It is difficult for organizations to keep up with breakthrough technologies at each level due to the significant investment involved. As per a recent survey, end-user organizations are interested in live streaming of video for situational awareness to explore and analyze the process.
Cubic Solutions is one such company that offers real-time full motion video-based on cloud computing software. The company has acquired DTECH, GATR Technologies, and TeraLogic to ramp up business in the market. DTECH brings its modular and miniaturized Internet-on- the-move capability, while the GATR is the only provider of inflatable satellite communication (SATCOM) antenna solutions whose unique inflatable antenna technology enables portability, low cost of ownership, reliability in extreme environments, and ease of setup.
Key Developments in the Market:
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