Need for surveillance, border patrolling & security will have positive impact on Mission Management Systems Market

Mission management systems are computing systems that are aimed to provide processing features in various aircraft. Mission management systems (MMS) are platform independent systems used to manage critical command and control missions in defense and civil applications. MMS enhances situational awareness while ensuring the availability of information and interaction of all systems involved in a mission. The typical functions of MMS are communication, navigation, flight guidance, conflict management, situation assessment, and online path and tactical planning.

The global Mission Management Systems Market size is projected to grow from USD 13.97 Billion in 2016 to USD 27.50 Billion by 2022 at a CAGR of 11.95% from 2016 to 2022. Need for surveillance, border patrolling & security, search & rescue, combat management system, and sensor and weapon management, have been key parameters for the development of mission management systems

Based on application, the defense segment is projected the mission management systems market. The defense forces are investing heavily on new technologies to modernize their forces and determine the best technology that offers exceptional performance in the long run with lesser development cost.

On the basis of end user, the air system segment of the mission management systems market is anticipated to grow at the highest CAGR during the forecast period. The use of network centric warfare for air-based end users is one of the important factors that drives this market since active radar sensor tracking objects moving in air can provide accurate ranging measurements.

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North America is estimated to be the largest market for mission management systems

North America led the mission management systems market in 2016. Countries in this region include the U.S. and Canada. Significant investments in research and development in mission management systems for the army and special operations, and increasing demand of unmanned systems, and sensors are some of the factors expected to boost the growth of the mission management systems market in this region. The U.S. is expected to contribute majorly to the growth of the mission management systems market in North America. The growth can be attributed to the ongoing technological advancements in the country.

Major players in the mission management systems market are Lockheed Martin Corporation (U.S.), SAAB AB (Sweden), Thales Group (France), Northrop Grumman Corporation (U.S.), Honeywell International, Inc. (U.S.), Curtiss-Wright Corporation (U.S.), and QinetiQ Group plc. (U.K.), among others.

Lockheed Martin Corporation (U.S.) is a major player in the mission management systems market. Lockheed Martin Corporation provides mission management systems engineering, software development, complex program management, supply chain solutions and logistics, and training and simulation technologies for global security, civil and commercial markets. For instance, in 2016, Lockheed Martin Corporation received a contract from Ampex Data Systems, a Delta Information Systems Company to provide the (TS640) Airborne for new advanced mission System, which will provide high-data rate, storage for airborne platforms.

Northrop Grumman Corporation (U.S.) is one of the top companies profiled for the mission management systems market, globally. Northrop Grumman Mission Systems is the leading global provider of advanced, secure and agile software-defined systems and solutions and mission-enabling information. For instance, in 2016, Northrop Grumman Corporation received a contract from the U.S. Army for MQ-4C Triton Unmanned Aircraft System for the integrated mission management.

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