DUBLIN, Aug. 22, 2023 /PRNewswire/ — The “Combat Management Systems: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Combat Management Systems estimated at US$333.1 Million in the year 2022, is projected to reach a revised size of US$448.9 Million by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030.

Software, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$354.7 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 3.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $102.9 Million, While China is Forecast to Grow at 5.7% CAGR

The Combat Management Systems market in the U.S. is estimated at US$102.9 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$90.9 Million by the year 2030 trailing a CAGR of 5.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Select Competitors (Total 38 Featured) –

• ASELSAN A.S.
• ATLAS ELEKTRONIK GmbH
• Atos SE
• BAE Systems plc
• Bharat Electronics Limited (BEL)
• ECA Group
• Elbit Systems Ltd
• Hanwha Systems Co., Ltd
• Kongsberg Gruppen ASA
• Leonardo DRS
• Leonardo S.p.A.
• Lockheed Martin Corporation
• Raytheon Technologies Corporation
• Saab AB
• Tata Advanced Systems Limited
• Terma A/S
• Thales S.A.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• Impact of Covid-19 and a Looming Global Recession
• COVID-19 Leaves the Global Economy in Shambles
• Where Does this Leave Defense Spending?
• Japan Defense Budgets: A Pre & Post COVID-19 Comparison (In US$ Billion)
• UK Defense Budget: A Pre & Post COVID-19 Comparison (In US$ Billion)
• Combat Management System (CMS): A Prelude
• Software Segment to Achieve Higher Growth
• Ever-Hostile Geopolitical Scenario and Relentless Quest for Military Supremacy Create Ample Room for Advanced Naval Technologies such as CMS
• Global Military Spending (in US$ Billion) for the Years 2006 through 2022
• Military Expenditure as a % of GDP in Selct Countries
• Emerging Markets Remain Long-Term Driving Forces for Combat Management Systems
• Combat Management Systems – Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Artificial Intelligence (AI) Steps In to Add Next Generation Capabilities to CMS
• Application of AI in Unmanned Vehicles to Drive Opportunities
• The US and China Seek Early Adopter Advantage in AI-Powered CMS
• Widespread Use in Submarines Drives Overall Revenue Growth
• Key Technologies in Submarine Combat System (2019): Percentage Breakdown of Revenues by Armament Type
• Rise of Unmanned Vehicles Extends New Line of Opportunities
• Global Unmanned Underwater Vehicles Market in US$ Million: 2018-2026
• New Capabilities for Diverse Missions Drive USV Adoption
• New Generation Radars Empower CMS with Robust Capabilities
• Evolving Role of Electronic Warfare (EW) to Stir Next Wave of Growth in CMS Deployments
• Availability of Sophisticated Combat Management Systems Fuels Wider Adoption: A Review of Select Established CMS Technologies

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/lne8ic

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