Markntel Advisors’ report, Maritime Command and Control Systems Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Maritime Command and Control Systems presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Maritime Command and Control Systems Market
Research Report & Market Summary:
The Global
Maritime
Command and Control Systems Market size
was valued at around USD 9.3 billion in 2024 and is projected
to reach USD 14.6 billion by 2030. Along with this, the market is
estimated to grow at a CAGR of around 7.8% during the forecast period, i.e.,
2025-30. This growth in the market is primarily attributed to the expanding
maritime activities both in the defense and commercial space. In the defense
space, the rising defense spending globally is raising the demand for command
and control systems for naval vessels. For instance, global defense spending
has risen by nearly 7% to around USD 2.5 trillion on a YoY basis in 2023 which
is the steepest rise in the worldwide defense spending since 2009, as per
SIPRI. This increase was witnessed across all the regions globally.
If you’re interested in the
assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/maritime-command-control-systems-market.html
Maritime Command
and Control Systems Market Dynamics:
Key Driver-
Increasing Commercial Vessels Globally – Global maritime
trade manages over 80% of world commerce, forming the base for worldwide trade.
Ever-increasing consumption coupled with new connectivity is increasing
globalization further, which leads to increasing global maritime trade. UNCTAD
(United Nations Conference on Commerce and Development) reported that maritime
trade volumes increased by nearly 12% from 11 billion tons in 2019 to 12.3
billion tons in 2023. Moreover, geopolitical tensions have disrupted shipping
routes, increased transportation times, and skyrocketed freight costs. These
disruptions have resulted in the entry of new shipping companies while expanding the fleet size of
established ones.
For example, the world's merchant fleet grew from around 95,000 vessels
at the beginning of 2020 to 109,000 vessels by early 2024 according to UNCTAD.
Looking ahead, UNCTAD projects global maritime trade to rise at a compound
annual growth rate of around 2.4% through 2029. This rising trend in trade
volume coupled with an increasing number of merchant vessels is likely to
create a healthy demand for next-generation Maritime Command and Control
Systems. These systems serve to optimize operations, ensure security, and
enhance efficiency in an expanding and increasingly complex global maritime
network.
Maritime Command and Control Systems Market Segmentation
Analysis:
According
to MarkNtel study the market is segmented into the following categories:
By Platform
o Naval
Vessels
§ Aircraft
Carriers- Market Size & Forecast 2020-2030, USD Million
§ Destroyers-
Market Size & Forecast 2020-2030, USD Million
§ Frigates-
Market Size & Forecast 2020-2030, USD Million
§ Submarines-
Market Size & Forecast 2020-2030, USD Million
§ Corvettes-
Market Size & Forecast 2020-2030, USD Million
o Commercial
Vessels- Market Size & Forecast 2020-2030, USD Million
o Manned
& Unmanned Maritime Vehicles
§ Autonomous
Underwater Vehicles (AUVs)- Market Size & Forecast 2020-2030, USD Million
§ Unmanned
Surface Vehicles (USVs)- Market Size & Forecast 2020-2030, USD Million
§ Air-Borne
Surveillance and Control- Market Size & Forecast 2020-2030, USD Million
o Coastal and
Offshore Installations- Market Size & Forecast 2020-2030, USD Million
By Component
o Hardware
§ Command
Consoles- Market Size & Forecast 2020-2030, USD Million
§ Communication
Systems- Market Size & Forecast 2020-2030, USD Million
§ Radar and
Sonar Systems- Market Size & Forecast 2020-2030, USD Million
§ Weapon
Control Systems- Market Size & Forecast 2020-2030, USD Million
o Software
§ Battle
Management Systems- Market Size & Forecast 2020-2030, USD Million
§ Situational
Awareness Software- Market Size & Forecast 2020-2030, USD Million
§ Decision
Support Software- Market Size & Forecast 2020-2030, USD Million
o Services
§ System
Integration- Market Size & Forecast 2020-2030, USD Million
§ Training
and Simulation- Market Size & Forecast 2020-2030, USD Million
§ Maintenance
and Support- Market Size & Forecast 2020-2030, USD Million
By Application
o Defense
§ Maritime
Border Protection- Market Size & Forecast 2020-2030, USD Million
§ Naval
Warfare- Market Size & Forecast 2020-2030, USD Million
§ Anti-Piracy
and Smuggling- Market Size & Forecast 2020-2030, USD Million
o Commercial
§ Fleet
Management- Market Size & Forecast 2020-2030, USD Million
§ Domain
Monitoring- Market Size & Forecast 2020-2030, USD Million
§ Vessel
Traffic Management- Market Size & Forecast 2020-2030, USD Million
In
2024, the defense segment holds more than 60% share in the Global Maritime
Command and Control Systems Market. The defense segment's substantial market
share is primarily attributable to the comprehensive and extensive nature of
naval operations.
By Technology
o Traditional
Systems- Market Size & Forecast 2020-2030, USD Million
o Next-Generations
Systems- Market Size & Forecast 2020-2030, USD Million
In
2024, traditional systems dominate the market with more than 50% share in the
Global Maritime Command and Control Systems Market.
By Region
o North
America
o South
America
o Europe
o The Middle
East & Africa
o Asia-Pacific.
North
America holds more than 35% market share in the Global Maritime Command and
Control System Market. This is mainly due to the presence of the USA in the
region, which is continuously expanding and modernizing its naval fleets with
next-generation C2 systems. In 2024, the USA has a defense budget of around USD
841 billion, with over USD 200 billion going to the Navy.
As indicated in the latest market research report
published by Markntel Advisors, “Maritime Command and Control Systems
Research Report: Forecast (2025-2030)”, this report
offers a detailed analysis of the industry, featuring insights into the Maritime Command and Control Systems
industry. It encompasses competitor and geographical analyses, as well as
recent advancements in the market.
Browse Full Report Along
with TOC and Figures - https://www.marknteladvisors.com/research-library/maritime-command-control-systems-market.html
Top Companies Operating in the Maritime Command
and Control Systems Market:
·
Raytheon
·
BAE Systems
·
Thales Group
·
SAAB
·
Lockheed Martin
·
L3Harris Technologies, Inc.
·
Honeywell International Inc.
·
CACI International Inc.
·
Leonardo DRS
·
Elbit Systems
·
Northrop Grumman
·
Anschutz
·
Exail
·
Airbus
·
Cartenav
·
Terma
·
Others.
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Key Report Highlights:
·
Market
Dimensions & Projections
·
Pricing
Evaluation,
·
Recent
Strategic Moves by Companies,
·
Primary
Stakeholders,
·
Analysis of
Import and Export Trends,
·
Competitive
Landscape Assessment,
·
Emerging
Opportunities,
·
Market
Trends and Indicators
Note - If there are any
particular details you need that are not currently included in the report, we
will be happy to provide them as part of our customization services.
Frequently
Asked Questions (FAQs)-
- What are the industry’s overall statistics or
estimates (Overview, Size- By Value, Forecast Numbers, Segmentation,
Shares)?
- What are the trends influencing the current
scenario of the market?
- What leading factors would propel and impede the
industry across the geography?
- How has the industry been evolving in terms of
geography & Maritime Command and Control Systems Market adoption?
- How has the competition been shaping up across
the geography?
6.
Who are the key competitors, and what
strategic partnerships or ventures are they coming up with to stay afloat
during the projected time frame?
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