The Network Centric Warfare Market Size was valued at USD 60.7 billion in 2023 and is expected to reach USD 91.4 billion by 2034 and grow at a CAGR of 4.68% over the forecast period 2024-2032.
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.
To get more information on Network Centric Warfare Market - Request Free Sample Report
MARKET DYNAMICS
KEY DRIVERS
Growing market
Terrorism
RESTRAINTS
High cost
OPPORTUNITIES
Global growth
CHALLENGES
Cyberattack
Data breaches
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.
By Platform
Land-based
Unmanned
Naval-based
Air-based
By Application
ISR (intelligence, surveillance, and reconnaissance)
Communications
Computers
Combat
Cyber
By Architecture
Hardware
Software
By Communication Network
Wireless
Wired
By Mission Type
Tactical
Strategic
Need any customization research on Network Centric Warfare Market - Enquiry Now
REGIONAL ANALYSIS
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.
REGIONAL COVERAGE
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The 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
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
Report Attributes | Details |
---|---|
Market Size in 2023 | USD 60.7 Billion |
Market Size by 2032 | USD 91.46 Billion |
CAGR | CAGR of 4.6% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
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 • Terrorism |
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. Introduction
1.1 Market Definition
1.2 Market Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Network Centric Warfare Market, By Platform
8.1 Land-based
8.2 Unmanned
8.3 Naval-based
8.4 Air-based
9. Network Centric Warfare Market, By Application
9.1 ISR
9.2 Communications
9.3 Command and Control
9.4 Computers
9.5 Combat
9.6 Cyber
9.7 Electronic Warfare
10. Network Centric Warfare Market, By Architecture
10.1 Hardware
10.1 Software
11. Network Centric Warfare Market, By Communication Network
11.1 Wireless
11.2 Wired
12. Network Centric Warfare Market, By Mission Type
12.1 Tactical
12.2 Strategic
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 USA
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 Japan
13.4.2 South Korea
13.4.3 China
13.4.4 India
13.4.5 Australia
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.1 Israel
13.5.2 UAE
13.5.3 South Africa
13.5.4 Rest
13.6 Latin America
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of Latin America
14. Company Profiles
14.1 HITACHI LTD.
14.1.1 Financial
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
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Hypersonic Weapons Market size was valued at USD 6.7 Billion in 2023 & is estimated to reach USD 15.92 Billion by 2031 and increase at a compound annual growth rate (CAGR) of 11.2% between 2024 and 2031.
The Military Drone Market Size was valued at USD 12.94 billion in 2023 and is expected to reach USD 22.72 billion by 2031 and grow at a CAGR of 7.2% over the forecast period 2024-2031.
The Electrical Wiring Interconnection System (EWIS) Market Size was valued at USD 6.60 billion in 2022 and is expected to reach USD 9.53 billion by 2030 with a growing CAGR of 4.69% over the forecast period 2023-2030.
The Armored Personnel Carrier Market Size was valued at USD 14.02 billion in 2023 and is expected to reach USD 23.68 billion by 2032 with a growing CAGR of 6% over the forecast period 2024-2032.
The Aircraft Oxygen System Market Size was valued at USD 5.94 billion in 2023 and is expected to reach USD 10.12 billion by 2032 with a growing CAGR of 6.1% over the forecast period 2024-2032.
The Aerostat Systems Market size was valued at USD 14.90 billion in 2023 and is projected to reach USD 48.45 billion by 2032, registering a CAGR of 14% from 2024 to 2032.
Hi! Click one of our member below to chat on Phone