Research and Markets: European Air ISR Command and Control (C2) Market Assessment

Dépèche transmise le 17 août 2009 par Business Wire

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/494953/european_air_isr_c) has announced the addition of Frost & Sullivan's new report "European Air ISR Command and Control (C2) Market Assessment" to their offering.

The European Air ISR C2 Market Holds Promising Opportunities with Radar Equipment and Aircraft at the End of their Life Cycle

The air ISR C2 market in Europe is fiercely competitive. With the European Defence Agency (EDA) and North Atlantic Treaty Organization (NATO) active in the region, the armed forces of the European countries are anticipated to upgrade and procure more defence systems. As C2 systems are the vital and critical components of any troop, especially in the frontlines, the air ISR C2 market holds huge potential in Europe as well as globally. Regular procurement and upgrades of these systems are necessary for armed forces in order to maintain their battle readiness. Radar equipment and aircraft for the armed forces are almost reaching the end of their life cycle, thereby providing more opportunity for market participants. "Partnerships and joint ventures are the key trends in the market, allowing participants to exchange innovative ideas and arrive at unique and novel products," says the analyst of this research. "Meeting European Union (EU) and NATO standards are a trend in all defence-related markets as it facilitates reciprocal operability among member countries."

However, achieving interoperability among the member countries and increasing multinational operations make it challenging to meet the specified standards. Countries would need to have interoperability, if not uniformity, in the products procured, in order to achieve network-centric capabilities. This factor, along with shrinking budgetary allocations for defence R&D, remains a key challenge. Budgets across Europe are dwindling as some of the R&D necessitates significant investments. The risk is that all the money invested does not always reap dividends.

"Investing in R&D for new technology and products would be of great value to industry participants as the objective of end users is to surpass their adversaries in all defence-related products and services," concludes the analyst. "Collaborating on these R&D activities would result in information sharing amongst industry participants and yield a better product for end-users, paving the way for enhanced business opportunities."

Key Topics Covered:

  • 1. Executive Summary
  • 2. Research Methodology
  • 3. Economic Impact
  • 4. European Air ISR Command and Control Market
  • 5. Industry Challenges, Market Driver and Restraints
  • 6. European Air ISR Command and Control Market Forecasts
  • 7. Scenario Analysis
  • 8. European Air ISR Command and Control Market: Country Analysis
  • 9. Strategic Recommendations
  • 10. About Frost & Sullivan

For more information visit http://www.researchandmarkets.com/research/494953/european_air_isr_c

Business Wire

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