How Is The Global Combat Management System Market Defined?
A combat management system (CMS) is a sophisticated, integrated system used by military forces to manage and coordinate combat operations across various platforms, such as naval vessels, aircraft, and ground-based command centers. This system provides commanders and operators with comprehensive situational awareness, command and control capabilities, and decision support tools during combat scenarios.
Combat Management System Global Market Report 2024 provides data on the global combat management system market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The combat management system market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
What Are The Projections Exist For The Global Combat Management System Market Size And Annual Growth Rates?
The combat management system market has witnessed robust growth in recent years, growing from $15.73 billion in 2023 to $16.73 billion in 2024, with a CAGR of 8.7%. Growth during this period was fueled by rising demand for enhanced maritime surveillance, integrated air defense systems, naval capability expansion in emerging economies, and improved command and control systems. Forecasts suggest the market will grow to $23.67 billion by 2028 at a CAGR of 9.1%, driven by increasing defense budgets, maritime security threats, rising demand for naval vessels, and a focus on maritime domain awareness. Emerging trends include artificial intelligence integration, adoption of cloud-based and mobile solutions, human-machine teaming, and incorporation of unmanned systems.
Which Key Drivers Are Propelling The Combat Management System Market's Growth?
The escalation of maritime security threats is expected to drive the combat management system market. These threats, including risks to vessels, ports, and maritime infrastructure, are increasing due to globalization, geopolitical tensions, terrorism, and governance challenges. Combat management systems help mitigate these risks by offering real-time situational awareness, threat assessment, and mission flexibility for naval operations. For instance, the ICC International Maritime Bureau's 2022 piracy report highlighted 115 incidents of piracy and armed robbery, with 95% involving successful boardings and half occurring in Southeast Asian waters, particularly in the Singapore Straits, which saw incidents reach a seven-year high. This rise in maritime threats is driving demand for combat management systems.
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What Are The Key Segments Within The Global Combat Management System Market?
The combat management system market covered in this report is segmented –
1) By Component: Software, Hardware
2) By Sub-System: Self Defense Management System, Situational Awareness System, Track Management System, Weapon Management System, Display System, Identification System, Unmanned Vehicle Control System
3) By Platform: Principle Surface Combat, Submarine, Amphibious Ships, Fast Attack Craft And Petrol Boats And Crafts, Other Platforms
How Are New Trends Impacting The Size Of The Combat Management System Market?
Companies in the combat management system market are focusing on strengthening their technological capabilities through strategic alliances to expand their market presence and meet a wider range of consumer demands. Strategic alliances involve collaboration between companies to combine their resources, expertise, and capabilities to develop innovative technologies. For example, in March 2024, Naval Group, a French defense company, partnered with Marakeb Technologies, a UAE-based manufacturer of navigation electronics, to create the national combat management system (NCMS) for the UAE Navy. This collaboration aims to improve the UAE’s defense capabilities by offering control, customization, and system updates tailored to the Navy’s needs. The NCMS project will empower the UAE Navy and strengthen its defense-industrial position.
Which Region Drives The Highest Growth In The Combat Management System Market?
North America was the largest region in the combat management system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the combat management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
