Eastern Europe C4ISR Market: Analysis of Growth, Trends Progress and Challenges (2018-2023)
The Eastern Europe C4ISR Market will account to $1.41 billion by 2020. This market will grow from $1.04 billion in 2015 at a CAGR of 6.27% over the coming 5 years.
Eastern Europe has always been more war and strife torn than its western counterpart. The Bosnian War, which took place between 1992 -1995, resulted in massive casualties and economic loss to the region. But with the joining of many Eastern European countries with the European Union, the situation has stabilized. But the economic crisis has hit most of the countries hard, in turn impacting their defense budgets.
The spending of the Baltic States on C4ISR will not rise significantly due to the increasing presence of NATO. NATO recently opened a military post in Lithuania to gain better access to the region and counter rising tensions in the region.
Space based and air based platforms will lead the growth rates by growing at CAGR’S of X.XX% and 6.83% respectively in the region. Command & Control systems will show impressive growth rate of 7.26% to reach a size of $XX million by 2020. The market is dominated by Intelligence, Surveillance and Reconnaissance systems, which will reach a size of $ XX million by 2020. Poland and Romania are one of the biggest C4ISR markets in the region, with share of 45% and 12.5% in the region respectively as of 2015.
Harris Corporation, Rheinmetall Defense and Raytheon are some of the important players in the East Europe C4isr market. The market has been segmented by Type (Command & Control, ISR, Computer, Communication, Electronic Warfare), Platform (Land Based, Air Based, Sea Based, Space Based) and Country (Poland, Romania, Bulgaria, Albania, Macedonia, Montenegro, Kosovo, Bosnia & Herzegovina, Greece, Croatia and Serbia).
What the report offers
Market analysis for the Eastern Europe C4ISR Market, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
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 Eastern Europe C4ISR Market systems 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
Insights on the major countries in which this industry is blooming and to also identify the regions that are still untapped