Report Scope & Overview:
The Network Centric Warfare Market Size was valued at USD 60.41 billion in 2022 and is expected to reach USD 87.23 billion by 2030 and grow at a CAGR of 4.7% over the forecast period 2023-2030.
Network-centric warfare focuses on strategic frequency domination and is easily integrated into modern warfare. It also includes fifth-generation warfare, which takes place in cyberspace and is used to prevent cyber-attacks and data breaches, as well as national defense. Aeronautical, defense, and security groups utilize advanced technologies in many areas across the world to detect real and potential threats. The use of electromagnetic energy in monitoring, influencing, diminishing, or blocking hostile use of the electromagnetic radiation, as well as the detection of an approaching missile's radar and the collecting of radio communications from an opponent, is known as network-centric warfare.
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IMPACT OF COVID-19
Even as the COVID-19 crisis causes challenges across sectors and a drop in high technology investment, tech companies are increasing their focus on high-demand products and seeking new ways to service their customers.
Real-time information is also essential to protect national boundaries. Even in pandemic scenarios, the emergence of network-centric warfare helps compensate for the demand for intelligence, surveillance, and recognition (ISR) capabilities.
Artificial intelligence (AI), virtual reality (VR), and augmented reality (AR) solutions are expected to play a crucial role in adjusting to the COVID-19 pandemic and tackling ever-changing issues. Such technologies might also be remotely operated and used to monitor future threats in order to respond automatically.
KEY MARKET SEGMENTS
ISR (intelligence, surveillance, and reconnaissance)
By Communication Network
By Mission Type
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In 2022, the Network Centric Warfare Market is predicted to be led by North America, followed by Europe. During the forecast period, Asia-Pacific is expected to develop at the fastest CAGR. Rising demand for technologically superior defense equipment in the digital age, as well as an increase in networked UAVs used by emerging countries for border monitoring, are driving the expansion of this market. Recent improvements in emerging countries' defense budgets for technologically superior marine, land, and air defense equipment, on the other hand, are likely to boost the market in the area.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The Key Players are Lockheed Martin Corporation, Elbit Systems, Cisco Systems, Rockwell Collins, Thales Group, Northrop Grumann Corporation, General Dynamics Corporation, Raytheon Company, Airbus Group N.V., L-3 Communications Holdings, Bae Systems PLC, Harris Corporation & Other Players.
Elbit Systems-Company Financial Analysis
|Market Size in 2022||US$ 60.41 Billion|
|Market Size by 2030||US$ 87.23 Billion|
|CAGR||CAGR of 4.7% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Platform (Land-based, Unmanned, Naval-based, Air-based)
• By Application (ISR (intelligence, surveillance and reconnaissance), Communications, Command and Control, Computers, Combat, Cyber, Electronic Warfare)
• By Architecture (Hardware, Software)
• By Communication Network (Wireless, Wired)
• By Mission Type (Tactical, Strategic)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Lockheed Martin Corporation, Elbit Systems, Cisco Systems, Rockwell Collins, Thales Group, Northrop Grumann Corporation, General Dynamics Corporation, Raytheon Company, Airbus Group N.V., L-3 Communications Holdings, Bae Systems PLC, Harris Corporation.|
|DRIVERS||• Growing market
|RESTRAINTS||• High cost|
The market size of the Network Centric Warfare Market was valued at USD 60.41 billion in 2022.
Ans: The Network Centric Warfare Market is growing at a CAGR of 4.7% from 2023 to 2030.
The key players of the Network Centric Warfare Market are Lockheed Martin Corporation, Elbit Systems, Cisco Systems, Rockwell Collins, Thales Group, Northrop Grumann Corporation, General Dynamics Corporation, Raytheon Company, Airbus Group N.V., L-3 Communications Holdings, Bae Systems PLC, and Harris Corporation.
The Network Centric Warfare Market is segmented into 5 types: By Communication Network, By Mission Type, By Architecture, By Platform, and By Application.
North America region dominated the Network Centric Warfare Market.
Table of Contents
1.1 Market Definition
1.2 Market Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Network Centric Warfare Market, By Platform
9. Network Centric Warfare Market, By Application
9.3 Command and Control
9.7 Electronic Warfare
10. Network Centric Warfare Market, By Architecture
11. Network Centric Warfare Market, By Communication Network
12. Network Centric Warfare Market, By Mission Type
13. Regional Analysis
13.2 North America
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4.2 South Korea
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.3 South Africa
13.6 Latin America
13.6.3 Rest of Latin America
14. Company Profiles
14.1 HITACHI LTD.
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 AB VOLVO
14.3 CATTERPILLAR INC.
14.4 CNH INDUSTRIAL N.V
14.5 DEERE AND COMPANY
14.6 DOOSAN INFRACOE CO.LTD
14.7 J C BAMFORD EXCAVATORS. LTD.
14.8 KOMATSU LTD.
14.9 Liebherr-international AG
14.10 XCMG GROUP
15. Competitive Landscape
15.1 Competitive Benchmark
15.2 Market Share Analysis
15.3 Recent Developments
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