The mission management systems market size has grown rapidly in recent years. It will grow from $31.81 billion in 2023 to $35.39 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth observed in the historic period can be attributed to several key factors. These include a heightened focus on situational awareness within the aerospace sector, rising demand for unmanned aerial vehicles (UAVs), the growing complexity of missions and operations, as well as the increasing need for interoperable and scalable mission management solutions.
The mission management systems market size is expected to see rapid growth in the next few years. It will grow to $55.07 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. Anticipated growth in the forecast period can be attributed to various factors. These include the increasing adoption of cloud computing and edge computing technologies, a transition towards network-centric operations and warfare strategies, rising demand for real-time situational awareness, and the escalating complexity and diversity of mission requirements. Key trends expected in the forecast period encompass the widespread adoption of mobile applications, the integration of cloud-based solutions, a heightened emphasis on environmental sustainability, the incorporation of global navigation satellite systems, and ongoing technological advancements.
The growing concerns surrounding border security are expected to drive the expansion of the mission management systems market in the foreseeable future. Border security concerns include apprehensions related to unauthorized border crossings, illicit smuggling activities, unlawful immigration, and potential threats to national security. These concerns are exacerbated by various factors, including mass migration trends, escalating volumes of international travel, and strains on border infrastructure. Mission management systems play a pivotal role as indispensable tools for border security agencies, offering advanced functionalities to enhance situational awareness, coordination, response mechanisms, resource allocation, data analysis, decision-making processes, and adaptability in addressing the intricate and evolving challenges inherent in border security operations. For instance, based on data from the US Customs and Border Protection agency in February 2024, US border authorities encountered over 2 million migrants during fiscal year 2022, marking a significant rise from 1.7 million encounters in fiscal year 2021. Hence, the escalating concerns regarding border security are propelling the growth trajectory of the mission management systems market.
Leading firms in the mission management systems market are strategically focusing on the integration of intelligent and sophisticated solutions, such as unmanned aircraft fleets and airspace management systems, to gain a competitive advantage. Uncrewed aircraft fleet and airspace management solutions encompass technologies and systems engineered to oversee and regulate fleets of unmanned aerial vehicles (UAVs) or drones, along with governing the airspace in which they operate. For example, in September 2023, ANRA Technologies, a US-based technology enterprise, unveiled Mission Manager X, a cutting-edge complex mission management software platform designed to optimize operations across diverse sectors, including unmanned aerial systems and urban air mobility. This robust platform offers comprehensive functionality for mission planning, execution, and monitoring, enabling users to efficiently manage complex operations.
In June 2021, Eaton Corporation, an Ireland-based power management company, completed the acquisition of Cobham Mission Systems for an undisclosed sum. Through this strategic acquisition, Eaton aims to bolster its position as a premier provider of critical control systems and components for aerospace and defense applications. Cobham Mission Systems, a UK-based aerospace manufacturing firm, specializes in delivering solutions that enhance mission capabilities by leveraging innovative power management technologies and services.
Major companies operating in the mission management systems market are Raytheon Technologies Corporation, Boeing Company, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Honeywell International Inc., BAE Systems, Thales Group, L3Harris Technologies Inc., Leonardo S.p.A., Textron Inc., General Atomics Aeronautical Systems Inc., Harris Corporation, Elbit Systems Ltd., Rockwell Collins Inc., Garmin Ltd., Saab AB, Kongsberg Gruppen ASA, Moog Inc., Curtiss-Wright Corporation, Piaggio Aerospace S.p.A., QinetiQ Group plc, Kratos Defense & Security Solutions Inc., Bird Aerosystems Ltd., Neya Systems LLC.
North America was the largest region in the mission management systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mission management systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the mission management systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Mission management systems are sophisticated software solutions designed to streamline the planning, coordination, and execution of complex missions across diverse industries such as aerospace, defense, emergency response, and law enforcement. These systems integrate multiple data sources to provide real-time situational awareness, enhancing mission effectiveness and efficiency.
There are several types of mission management systems, including multi-mission management systems, site mission management systems, and ground mission management systems. Multi-mission management systems are particularly versatile, capable of overseeing and coordinating multiple missions simultaneously across different domains. They offer centralized control and efficient resource allocation, improving operational flexibility and effectiveness. These systems cater to various platforms such as land, naval, airborne, and unmanned systems, serving both defense and commercial applications.
The mission management systems market research report is one of a series of new reports that provides mission management systems market statistics, including mission management systems industry global market size, regional shares, competitors with a mission management systems market share, detailed mission management systems market segments, market trends and opportunities, and any further data you may need to thrive in the mission management systems industry. This mission management systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The mission management systems market consists of revenues earned by entities providing services such as mission planning and coordination, real-time monitoring and tracking, and security and compliance. The market value includes the value of related goods sold by the service provider or included within the service offering. The mission management systems market also includes sales of integrated mission management systems, aviation mission management systems, maritime mission management systems, and various sensors and radars. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The mission management systems market size is expected to see rapid growth in the next few years. It will grow to $55.07 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. Anticipated growth in the forecast period can be attributed to various factors. These include the increasing adoption of cloud computing and edge computing technologies, a transition towards network-centric operations and warfare strategies, rising demand for real-time situational awareness, and the escalating complexity and diversity of mission requirements. Key trends expected in the forecast period encompass the widespread adoption of mobile applications, the integration of cloud-based solutions, a heightened emphasis on environmental sustainability, the incorporation of global navigation satellite systems, and ongoing technological advancements.
The growing concerns surrounding border security are expected to drive the expansion of the mission management systems market in the foreseeable future. Border security concerns include apprehensions related to unauthorized border crossings, illicit smuggling activities, unlawful immigration, and potential threats to national security. These concerns are exacerbated by various factors, including mass migration trends, escalating volumes of international travel, and strains on border infrastructure. Mission management systems play a pivotal role as indispensable tools for border security agencies, offering advanced functionalities to enhance situational awareness, coordination, response mechanisms, resource allocation, data analysis, decision-making processes, and adaptability in addressing the intricate and evolving challenges inherent in border security operations. For instance, based on data from the US Customs and Border Protection agency in February 2024, US border authorities encountered over 2 million migrants during fiscal year 2022, marking a significant rise from 1.7 million encounters in fiscal year 2021. Hence, the escalating concerns regarding border security are propelling the growth trajectory of the mission management systems market.
Leading firms in the mission management systems market are strategically focusing on the integration of intelligent and sophisticated solutions, such as unmanned aircraft fleets and airspace management systems, to gain a competitive advantage. Uncrewed aircraft fleet and airspace management solutions encompass technologies and systems engineered to oversee and regulate fleets of unmanned aerial vehicles (UAVs) or drones, along with governing the airspace in which they operate. For example, in September 2023, ANRA Technologies, a US-based technology enterprise, unveiled Mission Manager X, a cutting-edge complex mission management software platform designed to optimize operations across diverse sectors, including unmanned aerial systems and urban air mobility. This robust platform offers comprehensive functionality for mission planning, execution, and monitoring, enabling users to efficiently manage complex operations.
In June 2021, Eaton Corporation, an Ireland-based power management company, completed the acquisition of Cobham Mission Systems for an undisclosed sum. Through this strategic acquisition, Eaton aims to bolster its position as a premier provider of critical control systems and components for aerospace and defense applications. Cobham Mission Systems, a UK-based aerospace manufacturing firm, specializes in delivering solutions that enhance mission capabilities by leveraging innovative power management technologies and services.
Major companies operating in the mission management systems market are Raytheon Technologies Corporation, Boeing Company, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Honeywell International Inc., BAE Systems, Thales Group, L3Harris Technologies Inc., Leonardo S.p.A., Textron Inc., General Atomics Aeronautical Systems Inc., Harris Corporation, Elbit Systems Ltd., Rockwell Collins Inc., Garmin Ltd., Saab AB, Kongsberg Gruppen ASA, Moog Inc., Curtiss-Wright Corporation, Piaggio Aerospace S.p.A., QinetiQ Group plc, Kratos Defense & Security Solutions Inc., Bird Aerosystems Ltd., Neya Systems LLC.
North America was the largest region in the mission management systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mission management systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the mission management systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Mission management systems are sophisticated software solutions designed to streamline the planning, coordination, and execution of complex missions across diverse industries such as aerospace, defense, emergency response, and law enforcement. These systems integrate multiple data sources to provide real-time situational awareness, enhancing mission effectiveness and efficiency.
There are several types of mission management systems, including multi-mission management systems, site mission management systems, and ground mission management systems. Multi-mission management systems are particularly versatile, capable of overseeing and coordinating multiple missions simultaneously across different domains. They offer centralized control and efficient resource allocation, improving operational flexibility and effectiveness. These systems cater to various platforms such as land, naval, airborne, and unmanned systems, serving both defense and commercial applications.
The mission management systems market research report is one of a series of new reports that provides mission management systems market statistics, including mission management systems industry global market size, regional shares, competitors with a mission management systems market share, detailed mission management systems market segments, market trends and opportunities, and any further data you may need to thrive in the mission management systems industry. This mission management systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The mission management systems market consists of revenues earned by entities providing services such as mission planning and coordination, real-time monitoring and tracking, and security and compliance. The market value includes the value of related goods sold by the service provider or included within the service offering. The mission management systems market also includes sales of integrated mission management systems, aviation mission management systems, maritime mission management systems, and various sensors and radars. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Mission Management Systems Market Characteristics3. Mission Management Systems Market Trends and Strategies32. Global Mission Management Systems Market Competitive Benchmarking33. Global Mission Management Systems Market Competitive Dashboard34. Key Mergers and Acquisitions in the Mission Management Systems Market
4. Mission Management Systems Market - Macro Economic Scenario
5. Global Mission Management Systems Market Size and Growth
6. Mission Management Systems Market Segmentation
7. Mission Management Systems Market Regional and Country Analysis
8. Asia-Pacific Mission Management Systems Market
9. China Mission Management Systems Market
10. India Mission Management Systems Market
11. Japan Mission Management Systems Market
12. Australia Mission Management Systems Market
13. Indonesia Mission Management Systems Market
14. South Korea Mission Management Systems Market
15. Western Europe Mission Management Systems Market
16. UK Mission Management Systems Market
17. Germany Mission Management Systems Market
18. France Mission Management Systems Market
19. Italy Mission Management Systems Market
20. Spain Mission Management Systems Market
21. Eastern Europe Mission Management Systems Market
22. Russia Mission Management Systems Market
23. North America Mission Management Systems Market
24. USA Mission Management Systems Market
25. Canada Mission Management Systems Market
26. South America Mission Management Systems Market
27. Brazil Mission Management Systems Market
28. Middle East Mission Management Systems Market
29. Africa Mission Management Systems Market
30. Mission Management Systems Market Competitive Landscape and Company Profiles
31. Mission Management Systems Market Other Major and Innovative Companies
35. Mission Management Systems Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Mission Management Systems Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on mission management systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for mission management systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The mission management systems market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by System Type: Multi-Mission Management System; Sites Mission Management System; Ground Mission Management System; Other Systems.2) by Platform Type: Land; Naval; Airborne; Unmanned Systems; Other Platforms
3) by Application Type: Defense; Commercial
Key Companies Mentioned: Raytheon Technologies Corporation; Boeing Company; Lockheed Martin Corporation; General Dynamics Corporation; Northrop Grumman Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Raytheon Technologies Corporation
- Boeing Company
- Lockheed Martin Corporation
- General Dynamics Corporation
- Northrop Grumman Corporation
- Honeywell International Inc
- BAE Systems
- Thales Group
- L3Harris Technologies Inc
- Leonardo S.p.A
- Textron Inc
- General Atomics Aeronautical Systems Inc
- Harris Corporation
- Elbit Systems Ltd
- Rockwell Collins Inc
- Garmin Ltd
- Saab AB
- Kongsberg Gruppen ASA
- Moog Inc
- Curtiss-Wright Corporation
- Piaggio Aerospace S.p.A
- QinetiQ Group plc
- Kratos Defense & Security Solutions Inc
- Bird Aerosystems Ltd
- Neya Systems LLC
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | May 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 35.39 Billion |
Forecasted Market Value ( USD | $ 55.07 Billion |
Compound Annual Growth Rate | 11.7% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |