Report Id: SNS/A&D/1652 | June 2022 | Region: Global | 125 Pages
Global Battlefield Management Systems Market Size was valued at USD 12.05 billion in 2022, expected to reach USD 29.44 billion by 2030, and grow at a CAGR of 11% over the forecast period 2023-2030.
A battlefield management system integrates information gathered from real-time data on the battlefield and routes it to a military unit's surge command and controller. Battlefield management systems are important components of the Army's network-centric warfare programme because they transmit information from groups on the battlefield to command headquarters. BMS may gather and send data, images, and audio from a variety of sources, including cameras, laser rangefinders, radar, and ground sensors, allowing soldiers on the battlefield to access real-time data for enhanced decision-making in tough situations. Each BMS contains a geographical information system, a multimodal data fusion system, rugged computing devices, and a software-defined radio-based communication system for soldiers.
Battlefield management systems are widely utilized in the defence industry because they enable decision makers to detect, process, and evaluate crucial information from diverse sources during missions. Countries can improve their defence infrastructure by implementing battlefield management systems. Using battlefield management tools gives you a competitive advantage over your opponents. The defence industry's rapid adoption of battlefield management systems can be ascribed to the requirement to track the real-time position and movement of enemy units. Furthermore, as government investment from many countries increases, multiple manufacturers are engaged in the development of technologically advanced battlefield management systems that provide real-time situational awareness information for strategic decision making.
Rising terrorist activity
High maintenance cost
Multi-domain working platform
Real-time data collection
Efficient data centers
Lack of communication technology
THE IMPACT OF COVID-19
during the COVID-19 virus outbreak in December 2019, the virus has spread to nearly every country on the planet, prompting the WHO to called it a public health emergency situation. The disease's global impact is already being felt, and it is predicted to have a considerable impact on the global battlefield management systems market by 2020.
The COVID-19 epidemic has had an impact on critical defence operations such as conferences, joint exercises, drills, regular training, and recruitments, which has a direct impact on the expansion of the battlefield management market. The epidemic is predicted to have a detrimental influence on the worldwide battlefield management market in general.
The computing system segment is expected to expand at the fastest CAGR over the projection period. Several defence companies' requirement for sophisticated computer systems to support decision-making processes is boosting worldwide computing system segment growth. The army segment is expected to expand at the fastest CAGR during the projection period. This segment's growth is expected to be driven by the increasing use of battlefield management systems for real-time intelligence delivery.
There are several systems in the battlefield management system market category, including computer systems, communication and networking systems, and navigation and imaging systems. The battlefield management system market is concentrated in Asia-Pacific the Americas Europe, and the Middle East and Africa.
According to the report, the key drivers assist the worldwide market in reaching all geographical places. To expand its business in the areas, the worldwide market is also focusing on the Singapore battlefield management system.
MARKET KEY PLAYER
Rolta India Limited, Northrop Grumman Corporation, Raytheon Company, Collins Aerospace, Cobham PLC, Lockheed Martin Corporation, Thales Group, Atos SE, BAE Systems PLC, L3 Technologies Inc, and other players.
Navigation & Imaging System
Communication & Networking System
Command & Control Systems
by End User
by Installation Type
During the forecast period, the Asia Pacific battlefield management systems market is expected to develop at the fastest CAGR. The Asia Pacific battlefield management systems market is expanding due to the region's major economies' increased focus on modernizing existing military systems. Furthermore, factors such as rising geopolitical tensions and increased defence spending are projected to stimulate demand for battlefield management systems in the region.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 12.05 Billion|
|Market Size by 2030||US$ 29.44 Billion|
|CAGR||CAGR of 11% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Platform (Headquarter, Vehicle, and Soldier)
• By Platform (Armored Vehicles, Headquarter, and Command Centers, Soldier Systems)
• By System (Computing System, Navigation & Imaging System, Communication & Networking System, and Command & Control Systems)
• By Component (Hardware, Software, and Display Devices)
• By End User (Military, Air Force, and Navy)
• By Component
• By Installation Type
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Rolta India Limited, Northrop Grumman Corporation, Raytheon Company, Collins Aerospace, Cobham PLC, Lockheed Martin Corporation, Thales Group, Atos SE, BAE Systems PLC, L3 Technologies Inc, and other players.|
|DRIVERS||• Situational awareness
• Technology advancement
• Rising terrorist activity
|RESTRAINTS||• High maintenance cost
• Multi-domain working platform
Frequently Asked Questions (FAQ) :
Table of Content
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Battlefield Management System Market, by Platform
8.1 Armored Vehicles
8.3 Command Centers
8.4 Soldier Systems
9. Battlefield Management System Market, by System
9.1 Computing System
9.2 Navigation & Imaging System
9.3 Communication & Networking System
9.4 Command & Control Systems
10. Battlefield Management System Market, by Component
12.3 Display Devices
11. Battlefield Management System Market, by End User
11.2 Air Force
12. Battlefield Management System Market, by Installation Type
12.2 New Installation
13. Regional Analysis
13.2 North America
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4.2 South Korea
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.3 South Africa
13.6 Latin America
13.6.3 Rest of Latin America
14. Company Profiles
14.1 Rolta India Limited
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 L3 Technologies Inc.
14.3 Northrop Grumman Corporation
14.4 Raytheon Company
14.5 Collins Aerospace
14.6 Cobham PLC
14.7 Lockheed Martin Corporation
14.8 Thales Group
14.9 Atos SE
14.10 BAE Systems PLC
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share analysis
15.3 Recent Developments
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