The Digital Battlefield Market Size was valued at USD 53.4 billion in 2023 and is expected to reach USD 169.2 billion by 2031 with a growing CAGR of 15.5% over the forecast period 2024-2031.
The changing geopolitical realities in economies across North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa are attributed to the quickly evolving dynamics of the digital combat market. The increasing frequency of border disputes and terrorism in these regions increases demand for digital battlefield products, services, and solutions. Globally, defence organizations and governments are implementing next-generation digital battlefield goods in order to improve surveillance and situational awareness during conflict scenarios. A digital war arena is a network of connected aircraft, weapons systems, and surveillance and communications systems.
To get more information on Digital Battlefield Market - Request Free Sample Report
Continued military development to meet the support needs of electronic systems and equipment drives the need for digital battlefields around the world.
Digital battlefield systems are used in a space that allows you to create a real-time map, which helps defense leaders make real-time decisions, especially during war-like situations. The great demand for devices that support 5G technology and the introduction of advanced technology to establish an efficient and reliable military sector is expected to further market growth during forecasting.
The development of new systems, devices, and software by key vendors also creates the need for digital battlefields. The global digital military market is expected to grow rapidly at the time of forecasting, due to the recent rise of the defense industry coupled with the development of new skills in digital battlefield products worldwide.
MARKET DYNAMICS
KEY DRIVERS
Growing demand
High speed internet connectivity
RESTRAINTS
High maintenance
High development cost
Fully AI system’s
OPPORTUNITIES
Enhancement of visualization & Graphics tool
Customized technology
CHALLENGES
Improvement of database management
Cyberattacks
Data breaches
IMPACT OF COVID-19
The COVID-19 pandemic has wreaked damage on the economies of countries all over the world. The production of digital battlefield products, like as systems, subsystems, and components, has also been hampered. Although next-generation digital battlefield items for defence applications are critical, supply chain problems have temporarily halted their manufacturing processes. The level of COVID-19 exposure, the level at which industrial operations are functioning, and import-export rules, among other considerations, all influence the resumption of manufacturing activity.
The onset of the COVID-19 epidemic has brought a series of supply chain disruptions and operational disruptions to the North American region. According to a study published by the National Association of Manufacturers, about 80% of manufacturers expect the epidemic to have a financial impact on their business. Some large companies have closed their facilities and are still considering retrenchment. The manufacturing sector, which employs about 13 million workers in the US, is expected to contribute to the outbreak, mainly for two reasons: first, most production activities are in place and cannot be done remotely. Second, slower economic performance has reduced the demand for industrial products in the US and around the world. Industry experts, however, have said that the COVID-19 epidemic did not affect the demand for digital military products in the U.S. defense sector. The Department of Defense has asked manufacturers to continue production activities related to defense equipment.
The following significant developments demonstrate the surge in demand for digital battlefield in the defence sector during the COVID-19 crisis in the European region. The COVID-19 epidemic has hampered delivery of critical platforms in India, including HAL's supply of Tejas combat aircraft and Dhruv helicopters to the Indian Armed Forces. Other platforms' release dates are also likely to be pushed back, especially if lockdowns are extended. Due to the COVID-19 outbreak, the Indian Ministry of Defence has delayed procurement deadlines, which would have an impact on the growth of digital battlefield products used in such aircrafts and helicopters.
Depending on the platform, the market is divided into air space, land, naval and space. Based on the CAGR, part of the space is expected to prove the highest CAGR from 2024 to 2031. The digital warfare systems deployed on the space platform enable real-time mapping of objects around the world and facilitate satellite communication networks. This will greatly support the growth of part of the space. Based on the platform, the aerial component is expected to lead the digital military arena market from 2022 to 2028. The growth of the aerial component is due to the growing tendency of the defense forces in the products and systems of the battlefield.
Based on the installation, a new procurement component is expected to lead the digital battlefield market from 2024 to 2031. The growth of the new procurement phase is due to the growing introduction of advanced defense systems and the increasing purchase of digital military products. The development component will register significant growth due to the increase in transformation activities and modernization of the old electronic military systems by defense forces to gain a foothold over incoming threats and enemy attacks.
The growing focus of the global defense force in modernizing their military equipment, including digital military field products, will boost market growth. This may be due to growing tensions between countries, leading to efforts to strengthen their defense forces. In recent years, more than nine major international conflicts have occurred, including the Syrian Civil War, the Saudi Arabia-Yemen conflict, the US-Iran conflict, and the India-China conflict. Such conflicts can lead to higher purchases of AI-enabled military products as well as the inclusion of advanced technology in existing military systems to make them more efficient and reliable.
Several governments set up specialized departments or agencies to integrate AI capabilities into existing machines and to focus on developing new skills in the digital war arena.
By Platform
Airborne
Naval
Land
Space
By Technology
IOT
Big Data
5G
Master Data Management
By Application
Warfare Platform
Logistics & Transportation
Surveillance & Situational Awareness
Command & Control
Communication
Health Monitoring
Simulation & Training
Combat Simulation and Training
Command and Control Training
Design and Manufacturing
Predictive Maintenance
Threat Monitoring
Real-Time Fleet Management
Others
By Solution
Hardware
Software
Service
REGIONAL ANALYSIS
The North American market is expected to offer the largest share from 2024 to 2031 in the digital military arena market. The US and Canada are key countries considered for market analysis in the North American region. The region is expected to lead the market from 2024 to 2031, due to increased investment in digital warfare technology by countries around the region. The US, with its strong economy and security policies, is regarded as one of the key users and receivers of digital in the defense sector. Key manufacturers and developers of digital battlefield components and services in the US include Amazon, Google, Microsoft, IBM, Cisco, Raytheon, and Palantir. The US has long relied on its technological superiority and high levels of training and efficiency to reduce the low number of numbers. This limit is slowly declining as international competitors such as China invest heavily to improve their skills. This has forced the US to be aggressive in expanding its capabilities. This will greatly support market growth in the North American region.
Need any customization research on Digital Battlefield Market - Enquiry Now
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The 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
The Major Players are BAE Systems Plc., Northrop Grumman Corporation, Israel Aerospace Industries, Elbit Systems Ltd., General Dynamics Corporation, Lockheed Martin Corporation, Thales Group, Raytheon Technologies Corporation, L3Harris Technologies, Inc., FLIR Systems Inc. and Other Players
Northrop Grumman Corporation-Company Financial Analysis
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 53.4 Billion |
Market Size by 2031 | US$ 169.2 Billion |
CAGR | CAGR of 15.5% From 2023 to 2030 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Platform (Airborne, Naval, Land, Space) • By Technology (Artificial Intelligence, IOT, Big Data, 5G, Cloud Computing, Master Data Management) • By Application (Warfare Platform, Cyber Security, Logistics & Transportation, Surveillance & Situational Awareness, Others) • By Solution (Hardware, Software, Service) |
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 | BAE Systems Plc., Northrop Grumman Corporation, Israel Aerospace Industries, Elbit Systems Ltd., General Dynamics Corporation, Lockheed Martin Corporation, Thales Group, Raytheon Technologies Corporation, L3Harris Technologies, Inc., FLIR Systems Inc. |
DRIVERS | • Growing demand • High speed internet connectivity |
RESTRAINTS | • High maintenance • High development cost • Fully AI system’s |
The market size of the Digital Battlefield Market was valued at USD 53.4 billion in 2023.
The growth rate of the Digital Battlefield Market is 15.5% over the forecast period 2024-2031.
The key players of the Digital Battlefield Market are BAE Systems Plc., Northrop Grumman Corporation, Israel Aerospace Industries, Elbit Systems Ltd., General Dynamics Corporation, Lockheed Martin Corporation, Thales Group, Raytheon Technologies Corporation, L3Harris Technologies, Inc., and FLIR Systems Inc.
North America region dominated the Digital Battlefield Market.
High maintenance and high development cost are the restraining factors of the Digital Battlefield Market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Digital Battlefield Market Segmentation, By Platform
8.1 Airborne
8.2 Naval
8.3 Land
8.4 Space
9. Digital Battlefield Market Segmentation, by Technology
9.1 Artificial Intelligence
9.2 IOT
9.3 Big Data
9.4 5G
9.5 Cloud Computing
9.6 Master Data Management
10. Digital Battlefield Market Segmentation, by Application
10.1 Warfare Platform
10.2 Cyber Security
10.3 Logistics & Transportation
10.4 Surveillance & Situational Awareness
10.5 Command & Control
10.6 Communication
10.7 Health Monitoring
10.8 Simulation & Training
10.9 Combat Simulation and Training
10.10 Command and Control Training
10.11 Design and Manufacturing
10.12 Predictive Maintenance
10.13 Threat Monitoring
10.14 Real-Time Fleet Management
10.15 Electronic Warfare
10.16 Others
11. Digital Battlefield Market Segmentation, by Solution
11.1 Hardware
11.2 Software
11.3 Service
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Raytheon Technologies Corporation
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 BAE Systems Plc.
13.3 Northrop Grumman Corporation
13.4 Elbit Systems Ltd.
13.5 L3Harris Technologies, Inc.
13.6 FLIR Systems Inc.
13.7 Thales Group
13.8 General Dynamics Corporation
13.9 Israel Aerospace Industries
13.10Lockheed Martin Corporation
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Aircraft Fuel Tanks Market size was valued at USD 911.32 Million & is estimated to reach USD 1027.40 Million by 2030 and increase at a compound annual growth rate of 1.51% between 2023 and 2030.
The Battlefield Management Systems Market Size was valued at USD 10872 million in 2023, expected to reach USD 16462 million by 2032 and grow at a CAGR of 4.72% over the forecast period 2024-2032.
The Remote Weapon Stations Market Size was valued at US$ 6.70 billion in 2023 and is expected to grow to US$ 8.50 billion by 2031 at a CAGR of 3.02% over the forecast period 2024-2031.
The MRO Software Market Size was valued at USD 7.32 billion in 2023, expected to reach USD 12.39 billion by 2033 with a growing CAGR of 6.02% over the forecast period 2024-2032.
The Military Wearable Market Size was valued at USD 5.32 billion in 2022 and is expected to reach USD 9.41 billion by 2030 with a growing CAGR of 7.4% over the forecast period 2023-2030.
The Defense Integrated Antenna Market size was USD 583.34 million in 2023 and is expected to reach USD 957.67 million by 2032, growing at a CAGR of 5.7% over the forecast period of 2024-2032.
Hi! Click one of our member below to chat on Phone