Battlefield Management Systems Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028
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Battlefield Management Systems Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028
The Battlefield Management Systems Market is segmented by Solution Type (Hardware, Software)by Platform Type (Armored Vehicles, Headquarter, and Command Centers, Soldier Systems),by Component Type (Communication Devices, Imaging Devices, Display Devices, Tracking Devices, Computer Hardware Devices, Data Distribution Units, and Night Vision Devices), Software Installation Type, End-User,and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The U.K., Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, Israel, and Others]).
The Battlefield Management Systems Market is segmented by Solution Type ...
The Battlefield Management Systems Market was estimated at US$ 10.3 Billion in 2021 and is expected to grow at a CAGR of 4.1% during 2022-2028 to reach US$ 13.7 Billion in 2028.
Battlefield Management Systems (BMS) are integrated information and communication technologies used by military forces to enhance command and control in combat situations. These systems gather data from various sources, such as sensors, satellites, and troops, providing real-time situational awareness. BMS aids in tracking friendly and enemy forces, facilitating secure communication between units, optimizing resource allocation, and streamlining decision-making for military commanders. It plays a pivotal role in modern warfare, improving mission effectiveness, troop safety, and coordination. BMS solutions vary but generally involve software, hardware, and network components, working together to optimize battlefield operations and ensure strategic advantage.
Market Dynamics
Due to increased defence spending as well as a growing number of governmental and military organizations using battlefield management systems, the world market is expanding. According to predictions, North America will dominate the worldwide market. Europe maintained the second-largest market share of the world market in 2020. Similar to this, rising defence spending in the Middle East and Asia-Pacific is anticipated to drive market expansion globally in the future years. The evolving character of warfare and the rising usage of BMS for special operations are the main drivers of global growth in the battlefield management systems sector. In 2020, Europe had 27% of the market for battlefield management systems, followed by North America with 29%.
Situational awareness gives combat decision-makers the capacity to recognize, process, and interpret crucial information from a variety of sources. Any aviation, naval, or military operation's success depends on situational awareness and intelligence precision. Modern air, ground, and maritime solutions have access to real-time situational awareness data for tactical decision-making thanks to advanced intelligence, surveillance, and reconnaissance technology combined with command and control systems capabilities. For a mission to be successful, high-bandwidth sensor processing, video management systems, secure network routers, and switches are essential. Due to the requirement to follow down enemy forces, situation awareness is becoming more in demand. The situational awareness knowledge offered by numerous sensors aids in successful mission planning.
For a while, all international markets were impacted by the continuing COVID-19. The market for battlefield management systems is the one most significantly impacted by these. Numerous business analysts stated that the unexpected epidemic had reduced worldwide demand by between 5 and 10 percent. Due to the equipment shortage, delayed deliveries, and closure of the production process, the market growth in 2020 was negatively impacted. The worldwide market has accelerated its pace in the current situation in order to reach its objective by 2028. Many industrial analysts predict a recovery by the end of 2022.
Any country’s decision on the battlefield management systems it will use must consider improved system dependability. The integration of cutting-edge data distribution units assists in collecting and disseminating real-time situational intelligence across several military systems, including command centers and combat vehicles. Additionally, the employment of GPS technologies to create a comprehensive image of the battlefield is supplying vital data necessary for mission planning and control. To improve BMS's overall capabilities in the area of offering secure communication and Weapons integration, research and development efforts are carried out. For instance, General Dynamics created a power management system for TACLANE-FLEX in March 2020 that enables secure communication throughout the battlefield. The revised model gives users more tactical and strategic control over communication device power usage.
However, data is gathered by battlefield management systems from devices including portable sensors, radars, and electro-optic sensors. These sources produce a vast amount of data, and the quantity and volume of this data present difficult transmission and storage problems. Such a massive amount of data must be communicated and distributed, which slows down real-time processing and may impair decision-making, endangering the military's ability to carry out its duties. A sophisticated communication technology infrastructure based on big data and effective data centers is needed to improve real-time communication. This type of infrastructure requires huge expenditures, which poses a significant problem for the battlefield management business.
Battlefield Management Systems Market Report Overview
Market Size in 2028
US$ 13.7 Billion
Market Size in 2021
US$ 10.3 Billion
Market Growth (2022-2028)
4.1% CAGR
Base Year of Study
2021
Trend Period
2016-2020
Forecast Period
2022-2028
Several investments/guidelines in the industry have been directed in recent years, which would boost the overall market. Some of them are:
The British armed forces awarded a contract to Rheinmetall AG in April 2020 for Mission Master combat ground vehicles. Under the robotic platoon vehicle programme of the United Kingdom, the agreement is signed. The Mission Master combat vehicles are connected with a battlefield management system for accurate and immediate situational awareness. A contract to create and deliver an advanced battlefield management system to support Joint All Domain Command and Control was given to Systematic AS in July 2020. A component of the multi-platform security system is this contract.
Segments Analysis
By Component Type
The market is divided into Communication Devices, Imaging Devices, Display Devices, Tracking Devices, Computer Hardware Devices, Data Distribution Units, software, and Night Vision Devices. Communication Devices are further divided into Wired Communication Devices and Wireless Communication Devices. The software segment is further divided into Command & Control Software, Military Situational Awareness, Security Management, and Others.
By Solution Type
The hardware category is anticipated to increase at the greatest CAGR during the projection period. The growing need for different battlefield management system components, including computer and communication equipment among others, to increase operational effectiveness is what is fueling the expansion of the hardware market.
By System Type
The segment for computer systems is anticipated to see the greatest CAGR growth throughout the forecast period. The global expansion of the computing system market is being driven by the need for advanced computer systems to assist decision-making processes by various military organizations.
By End-User Type
The army category is anticipated to see the largest CAGR growth throughout the projection period among end users. This market is anticipated to increase as more battlefield management systems are used to distribute real-time intelligence.
Regional Analysis
In terms of regions, North America is likely to maintain its supremacy in the battlefield management systems market throughout the forecast period. The rapid development of modernization and technological advancements in various sectors have resulted in a high rate of battlefield management systems.
Concurrently, the battlefield management systems market in the Asia Pacific is anticipated to expand at the highest CAGR during the forecast period. The main economies in this region are putting more emphasis on modernizing their existing military systems, which is essentially what is driving the growth of the Asia Pacific battlefield management systems market. Additionally, factors including escalating geopolitical tensions and rising defence spending are anticipated to fuel the region's demand for battlefield management systems.
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Key Players
There is stiff competition in the Battlefield Management Systems market. The growth of the companies is directly dependent on industry conditions and government support. These companies differentiate their Battlefield Management Systems based on their quality and penetration in the target and emerging markets. Also, some major mergers and acquisitions in the industry recently have significantly influenced the competitive dynamics. For example:
In January 2022 - Aptiv PLC, a well-known global technology company focused on creating safer, greener, and more connected mobility, announced a definitive agreement to buy Wind River® from its previous owner TPG Capital, the private equity platform of major global alternative asset management company TPG. According to the business, the acquisition was finalized for USD $ 4.3 billion in cash.
The overall competitive landscape has been affected due to these mergers and acquisitions. The following are the major players in the battlefield management systems market:
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Battlefield Management Systems Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
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With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
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The major players in the market are Raytheon Company (US), Saab AB (Sweden), Harris Corporation (US), Collins Aerospace (US), Rolta India Limited (India), Elbit Systems Ltd (Israel), Leonardo SpA (Italy), Northrop Grumman Corporation (US), Thales Group (France), Atos SE (France), BAE Systems PLC (UK), Cobham PLC (UK), General Dynamics Corporation (US), L3 Technologies Inc. (US), Lockheed Martin Corporation (US).
The army category is anticipated to see the largest CAGR growth throughout the projection period among end users. This market is anticipated to increase as more battlefield management systems are used to distribute real-time intelligence.
