Press Release
Contact: Richard Sterk, Sr. Aerospace and Defense
Analyst
Phone: (203) 426-0800
Fax: (203) 426-4262
Web site: www.forecast1.com
E-mail: @forecast1.com
Forecast International, Inc.
22 Commerce Rd. Newtown, CT 06470 USA
C4I Market Normalizes, but Still Shows Hunger
for Communications and Networking Systems
NEWTOWN, Conn. [March 29, 2007] ―
Forecast International’s 2007 “C4I Market Overview” reports that the
wave of accelerated R&D funding and procurement that followed the 9/11
terrorist attacks is now ending as the C4I market realigns itself
to the period before September 11. In commenting on the current state of the
market, Richard Sterk, Senior Analyst at Forecast International, said, “The
majority of these rushed programs have now run their course, and starting around
2008-2009, the market should begin reverting back to a pre-9/11 pace.”
This latest review of the C4I
market is based on an examination of 131 C4I programs and 25
companies offering C4I products. According to the analysis, the C4I
market will be worth $8.253 billion in 2007, and will then steadily decline to
$2.721 billion in 2016. The total market over the 10-year period covered by
the study (2007-1016) will have a value of at least $50.704 billion.
“The panic-driven 9/11 shopping
spree is over,” said Sterk. “C4I budgets will now be reeled back
into reality, with modernization of existing systems being the key focus over
the next few years. In Europe, France, Germany and Finland are all making big
pushes. In the Middle East, the government of Oman recently approved a massive
expansion of its current capabilities. And let’s not forget India, whose C4I
overhaul is as big as its technical support outsourcing market.”
“Homeland security efforts are
now making a bit of an impact on the market with production of nuclear,
biological and chemical detection systems,” said Sterk.
“Another field that should start
to make a pronounced appearance in the C4I market,” Sterk said, “is
cybernetics, the melding of human and technology interfaces.”
General Dynamics, Raytheon,
Thales, BAE Systems, and ThalesRaytheonSystems are projected to be the top five
C4I defense companies over the next 10 years based on forecast sales
volume and percentage of market share of companies examined within the overview.
Forecast International, Inc., is
a leading provider of Market Intelligence and Analysis in the areas of
aerospace, defense, power systems and military electronics. Based in Newtown,
Conn., USA, Forecast International specializes in long-range industry
forecasts and market assessments used by strategic planners, marketing
professionals, military organizations, and governments worldwide. To
arrange an interview with Forecast International’s editors, please contact Ray
Peterson, Vice President, Research & Editorial Services (203-426-0800, ray.peterson@forecast1.com).
