The Future Success of Naval Command and Control Technology in Europe Hinges on Enhanced Capabilities and Ease-of-use, States Frost & Sullivan
By Prne, Gaea News NetworkSunday, November 1, 2009
LONDON -
The future of command and control (C2) technology lies in enhancing current capabilities while ensuring ease-of-use. The need for increased interoperability among navies will promote the uptake of advanced naval command C2 technology in Europe.
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New analysis from Frost & Sullivan (www.aerospace.frost.com), European Naval Command and Control (C2) Market Assessment, estimates the market grew from US$8.0 million in 2008 to US$26.0 million by 2015, reaching peak revenues of US$52.0 million.
“The European naval C2 market offers tremendous growth potential due to advances in C2 technology,” notes Frost & Sullivan Research Analyst Harish Balasubramanian. The need to ensure interoperability with NATO is also supporting market prospects.
Due to the high costs of building new vessels and relatively high upgrade costs, many countries will choose to procure ships decommissioned from other navies. This could be a possible solution for most central and eastern European countries to secure the operability of their fleet.
“However, it is still not an ideal way of solving the problem,” states Balasubramanian. “If countries think of acquiring a naval fleet, the industry would need to analyse the tasks it would need to fulfill for the future of military forces in Europe.”
Currently, perceptions related to the role of navies vary across European countries. This will constitute the main challenges for the C2 industry in Europe.
“Current threats are perceived differently across Europe and hence, the role of naval forces,” explains Balasubramanian. “This, in turn, leads to uncertainty in knowing customer expectations. A stronger cooperation between market participants and end users could be a solution to this challenge.”
Entering markets in CEE countries necessitates awareness of local regulations and specific requirements. Thus, entering partnerships with local companies and entering the market together will be the best strategy to effect market entry in this region.
European Naval Command and Control (C2) Market Assessment is part of the Defence Growth Partnership Service programme, which also includes research in the following markets: European Naval Sensors (EO/IR) Market Assessment, Global Defence Budget Assessment and, An Executive Analysis of the Defence Budget and Procurement Analysis in the BRIC Countries. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, please e-mail Monika Kwiecinska, Corporate Communications, at monika.kwiecinska@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a brief brochure will be sent to you by e-mail.
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit www.frost.com.
European Naval Command and Control (C2) Market Assessment M298 Contact: Monika Kwiecinska Corporate Communications - Europe P: +48-22-390-4127 F: +48-22-390-4160 E: monika.kwiecinska@frost.com www.frost.com
Source: Frost & Sullivan
Monika Kwiecinska, Corporate Communications - Europe, Frost & Sullivan, +48-22-390-4127, fax, +48-22-390-4160, monika.kwiecinska at frost.com
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