The battlefield management system market was valued US$ 15,974.0 million in 2019 and is expected to reach US$ 26,246.7 million by 2027 with a CAGR growth rate of 6.4% in the forecast period from 2020 to 2027.
The modern warfare is constantly transmuting with the advent of new weaponries, communication technologies, and information generating technologies. With an objective to survive on the modern battlefield, the utilization of command, control, and communications (C3) is crucial. The army on the battlefield can improve its command, control, and communications by utilizing advanced technologies in the area of communications. Telecommunications and computers are reforming the whole society in ways that would certainly extend to the battlefield. The interactive effect of communications, as well as automation, would deeply alter the way commanders approach their decision-making duties. Battlefield management systems (BMS) is an electronic information collecting, processing, and distribution system capable of managing real-time data in a responsive manner. BMS optimizes the ability of decision-makers to swiftly process and distribute critical battlefield information with accuracy and reliability.
The global battlefield management system market is anticipated to exhibit high growth in the near future. The major factors driving the market growth include competitive economic conditions that encourage manufacturers to scale up their production cost-effectively. This leads to the rise in the demand for the implementation of BMS in the military sector. Frequent political conflicts between countries are among the factors propelling the adoption of BMS among soldiers of different countries as per international military support programs. Nevertheless, an uncertain financial condition in countries such as Mexico, Australia, South Africa, and Brazil on defense is a factor anticipated to restrain the market growth.
The global battlefield management system market is segmented into component, system, application, and geography. Based on component, the battlefield management system market is segmented as wireless communication devices, imaging devices, display devices, computer software, and tracking devices. Based on system, the battlefield management system market is segmented as navigation & imaging system, computing system, and communication & networking system. Based on application, the battlefield management system market is segmented into vehicle, soldier, and headquarters. Geographically, the battlefield management system market is segmented into five strategic regions — North America, Europe, APAC, MEA, and SAM.
Lucrative Regions in Battlefield Management Systems Market
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Battlefield Management Systems Market Insights
Need for Enhanced Situational Awareness Technologies
Situational awareness or being aware of the location is paramount during the battle. The battlefield presents several challenges to the situation awareness, which possess substantial threat to the dismounted soldiers as well as vehicles. This is due to the fact that enemies or militant forces are using advanced technologies, which creates a challenging situation for armed forces during decision making. The primary goal of BMS is to overcoming such challenges with an efficient way by helping soldiers to think and act quickly. The BMS is considered to increase situational awareness, especially in situations where enemy traceability is low. It helps recognize and understand critical elements of information regarding the activity of the team, particular to a battlefield.
Component -Based Market Insights
Battlefield management systems provide real-time information to military units, which assist them in effective decision-making. The main components of a battlefield management system include wireless communication devices, imaging devices, display devices, computer software, tracking devices, and others. The wireless communication facilitate effective communication among the tanks, soldiers, sailors, pilots, and headquarters to create a networked force. The wireless communication devices segment led the battlefield management system market.
System -Based Market Insights
The battlefield management system perform serve various purposes in battlefield, including communication, tracking, and decision-making. The armed forces across the globe are focusing on updating their existing systems to gain improved operational efficiency. Based on product, the battlefield management system market has been segmented into navigation and imaging systems, computing systems, and communication and networking systems. The communication & networking system segment led the battlefield management system market.
Battlefield management systems Market, by System - 2021 and 2027
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Application -Based Market Insights
The battlefield management system are used in vehicles and headquarters as well as by soldiers; these systems help in efficient communication and accurate decision-making during critical situations. BMS are mounted on land, sea, and airborne vehicles, and enable efficient communication between headquarters and battlefield. The growing focus of armed forces on the modernization of their vehicles is one of the major factors fuelling the growth of the battlefield management system market for the vehicles segment. The vehicle segment led the battlefield management system market.
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Battlefield Management Systems Market: Strategic Insights
Market Size Value in US$ 15,974.0 Million in 2019 Market Size Value by US$ 26,246.7 Million by 2027 Growth rate CAGR of 6.4% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Battlefield Management Systems Market: Strategic Insights
| Market Size Value in | US$ 15,974.0 Million in 2019 |
| Market Size Value by | US$ 26,246.7 Million by 2027 |
| Growth rate | CAGR of 6.4% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Players operating in the Battlefield management systems market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the Battlefield management systems market. A few developments by key players of the Battlefield management systems market are:
In December 2019, The US Defense Advanced Research Projects Agency has selected the BAE system to develop the Multi-domain Adaptive Request Service (MARS) software and application tool for US armed forces, designed to leverage artificial intelligence (AI) technologies to consolidate and co-ordinate multi-domain combat assets into a single command picture.
In October 2019, Over the next two years under a multi-million dollar contract with the Army, Raytheon is developing EWPMT Capability Drop 4 (CD4).
Battlefield Management Systems Market – by Component
- Wireless Communication Devices
- Imaging Devices
- Display Devices
- Computer Software
- Tracking Devices
Battlefield Management Systems Market – by System
- Navigation & Imaging System
- Computing System
- Communication & Networking System
Battlefield Management Systems Market – by Application
- Vehicle
- Soldier
- Headquarter
Battlefield Management Systems Market – by Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Russia
- UK
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- SAM
- Brazil
- Rest of SAM
Battlefield Management Systems Market – Company Profiles
- BAE SYSTEMS PLC
- Cobham Limited
- Collins Aerospace (Raytheon Technologies Corporation)
- Elbit Systems Ltd.
- General Dynamics Corporation
- L3Harris Technologies, Inc.
- Leonardo S.p.A.
- Rheinmetall AG
- SaaB AB
- Thales Group
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component ; System ; Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Brazil, Canada, China, France, Germany, India, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The DoD is pursuing new technology development, operational concepts, and organizational constructs to maintain the military’s technological superiority. The region is highly focused on adopting advanced technologies to integrate with BMS and efficiently use it in the battlefield. The government is engaged in robust R&D activities of the military technologies to handle dangerous situations on the battlefield. North America is a potential region in terms of technology, and the region invests heavily in deploying advanced technology in the military industry. The huge adoption of advanced technology in the region has created a positive impact on the battlefield management system market. The governments of the region are focusing heavily on the military sector, and therefore have increased its budget.
With the growing technological advancement, military sector across the globe are aiming to improve their land, airborne, and naval capabilities. The rising cross border activities and unavoidable situation across the borders demand advanced technical systems. Artificial intelligence (AI), when integrated with the weapons, drones, and other products is playing a major role in military sector. AI research is ongoing in the fields of intelligence collection and analysis, command and control, and in a variety of vehicles, and it has been incorporated into military operations in Syria and Iraq. China is betting on AI to optimize its defense capabilities and is predicted to become the world leader in AI field by 2030
The vehicle segment dominates the battlefield management system market. The defense forces across the world are investing significantly in the modernization of their existing vehicle fleet, to be in line with the ever-changing warfare technologies. The modernization of the vehicles is expected to have a direct impact on the growth of battlefield management system market for cars. Battlefield management systems play a vital role in gathering information regarding enemies, enemy vehicles, and enemy armaments/weaponries. Retrofitting of a military vehicle with BMS allows the military headquarters personnel to relay the battlefield information to the personnel on vehicles, who would forward the same to the dismounted soldiers, thereby enhancing the situational awareness for both vehicles as well as dismounted soldiers
The List of Companies - Battlefield Management Systems Market
- BAE SYSTEMS PLC
- Elbit Systems Ltd.
- General Dynamics Corporation
- Leonardo
- Raytheon Company
- Rheinmetall AG
- Rockwell Collins
- SaaB AB
- Thales Group
- L3HARRIES
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