Report Id: SNS/A&D/1568 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Digital Battlefield Market Size was valued at USD 44.55 billion in 2022, expected to reach USD 122.15 billion by 2030, and grow at a CAGR of 15.5% over the forecast period 2023-2030.
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.
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.
High speed internet connectivity
High development cost
Fully AI system’s
Enhancement of visualization & Graphics tool
Improvement of database management
THE 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 2022 to 2028. 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 2022 to 2028. 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.
MARKET KEY PLAYERS:
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.
KEY MARKET SEGMENTATION:
Master Data Management
Logistics & Transportation
Surveillance & Situational Awareness
Command & Control
Simulation & Training
Combat Simulation and Training
Command and Control Training
Design and Manufacturing
Real-Time Fleet Management
The North American market is expected to offer the largest share from 2022 to 2028 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 2022 to 2028, 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.
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$ 44.55 Billion|
|Market Size by 2030||US$ 122.15 Billion|
|CAGR||CAGR of 15.5% From 2023 to 2030|
|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
Frequently Asked Questions (FAQ) :
Table of Contents
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. Digital Battlefield Market, by Platform
9. Digital Battlefield Market, by Technology
9.1 Artificial Intelligence
9.3 Big Data
9.5 Cloud Computing
9.6 Master Data Management
10 Digital Battlefield Market, by Application
10.1 Warfare Platform
10.2 Cyber Security
10.3 Logistics & Transportation
10.4 Surveillance & Situational Awareness
10.5 Command & Control
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
11. Digital Battlefield Market, by Solution
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Raytheon Technologies Corporation
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
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