Global Battlefield Management Systems Market Size By System (Communication and Networking, Command and Control), By Platform (Solider Systems, Armored Vehicles), By End-User (Army, Navy), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Battlefield Management Systems Market Size By System (Communication and Networking, Command and Control), By Platform (Solider Systems, Armored Vehicles), By End-User (Army, Navy), By Geographic Scope And Forecast
Battlefield Management Systems Market Size And Forecast
Battlefield Management Systems Market size was valued at USD 10.53 Billion in 2024 and is projected to reach USD 14.03 Billion by 2031, growing at a CAGR of 4.03% from 2024 to 2031.
The Global Battlefield Management Systems Market is on track towards favorable growth prospects in the forecasted period owing to factors like a rise in military expenditure. The need for the integration of advanced technologies is another market growth factor for this market during the forecasted period. The Global Battlefield Management Systems Market report provides a holistic evaluation of the market through a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that play a crucial role in the market.
Global Battlefield Management Systems Market Definition
A Battlefield Management System (BMS) is a system that is meant to integrate information acquisition and processing to enhance the command and control of a military unit. These systems are meant to be integrated into the defense operations of a nation. These systems provide an integrated Common Operating Picture (COP) of the battlefield using collaborative planning tools for tactical commanders active at levels between Battalion HQ down to Section Commanders to make responsive and knowledge-based decisions.
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Global Battlefield Management Systems Market Overview
Battlefield Management Systems are gaining popularity among various defense forces owing to the increasing demand for advanced technology weapons. To support the increasing demand various governments in developing and developed nations as well are heavily investing in their front-line military. They are trying to procure various BMS components which would provide additional support during warfare. Favorable integration of advanced technologies like AR/VR is revolutionizing battlefield operations and is capitalizing the government investments towards the metamorphosis of solider. Improved system reliability plays an important role in the selection of Battlefield Management Systems.
GPS usage provides an overall picture of the battlefield which helps to gain crucial information for mission planning and control. This poses an opportunity for the Battlefield Management Systems Market. Battlefield Management Systems collect data from handheld sensors, electro-optic sensors, and radars. The data gathered by these sources is huge which poses a challenge to the storage and transmission of data. Communication of such high-volume data could pose as a restraining factor for this market. Battlefield Management Systems also need a high level of investments for the setting up of infrastructure which stagnates the growth of this market.
Global Battlefield Management Systems Market Segmentation Analysis
The Global Battlefield Management Systems Market is segmented on the basis of System, Platform, End-User, and Geography.
Battlefield Management Systems Market, By System
Communication and Networking
Command and Control
Computing
Navigation, Imaging and Mapping
Others
Based on System, the market is segmented into Communication and Networking, Command and Control, Computing, Navigation, Imaging and Mapping, and Others. Battlefield Management Systems provide communication and networking among soldiers where they are interconnected through a tactical communication network. Certain systems are designed for command and control which is meant for the higher ranks located at command headquarters. Battlefield Management Systems help in computing various data sets and provide valuable insights to the authorities concerned. They also provide navigation, imaging and mapping of various landscapes and terrains of potential warfare locations.
Battlefield Management Systems Market, By Platform
Solider Systems
Armored Vehicles
Headquarter and Command Centre
Others
Based on Platform, the market is segmented into Solider Systems, Armored Vehicles, Headquarter and Command Centre, and Others. Battlefield Management Systems can be installed on individual more solid platforms where each solider has a digital entity of its own. They are also designed to be installed on armored vehicles for the collection of data. Navigation, imaging, and mapping are some of the useful features of Battlefield Management Systems installed on armored vehicles. Headquarter and command center is the place where the decision-making is processed. The data collected from Battlefield Management Systems assist the higher authorities in making intelligent decisions that prove to be of a tactical advantage during a warfare scenario.
Battlefield Management Systems Market, By End-User
Army
Airforce
Navy
Others
Based on End-User, the market is segmented into Army, Navy, Air force, and Others.
Battlefield Management Systems Market, By Geography
North America
Europe
Asia Pacific
Rest of the world
On the basis of Geography, the Global Battlefield Management Systems Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.
Key Players
The “Global Battlefield Management Systems Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Anduril Industries Inc, Nexter Systems, Sapura Secured Technologies, Aselsan AS, Thales Group, Lockheed Martin Corporation, Leonardo S.P.A, Israel Aerospace Industries, Elbit Systems Ltd, SAAB AB. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Anduril Industries Inc, Nexter Systems, Sapura Secured Technologies, Aselsan AS, Thales Group, Lockheed Martin Corporation, Leonardo S.P.A, Israel Aerospace Industries, Elbit Systems Ltd, SAAB AB.
SEGMENTS COVERED
By System, By Platform, By End-User, and By Geography.
CUSTOMIZATION SCOPE
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Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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