Global Battlefield Management Systems Market 2024-2028
The battlefield management systems market is forecasted to grow by USD 2105.1 mn during 2023-2028, accelerating at a CAGR of 3.62% during the forecast period. The report on the battlefield management systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by ongoing digitization of battlefield operations, greater focus on ISR operations, and increased spending on military modernization programs.
Technavio's battlefield management systems market is segmented as below:
By Type
- Communication network system
- Tracker and armored vehicles
- Dismounted soldier tracking
- Commander systems and BMS Software
By End-user
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the increasing penetration of AI in defense applications as one of the prime reasons driving the battlefield management systems market growth during the next few years. Also, adoption of big data analytics and increasing focus on NCW will lead to sizable demand in the market.
The report on the battlefield management systems market covers the following areas:
- Battlefield management systems market sizing
- Battlefield management systems market forecast
- Battlefield management systems market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading battlefield management systems market vendors that include ASELSAN AS, Atos SE, BAE Systems PLC, Cobham Ltd., Elbit Systems Ltd., General Atomics, General Dynamics Corp., Honeywell International Inc., Kratos Defense and Security Solutions Inc., L3Harris Technologies Inc., Leidos Holdings Inc., Leonardo DRS Inc., Lockheed Martin Corp., Northrop Grumman Corp., RTX Corp., Saab AB, Science Applications International Corp. Inc, Teledyne Technologies Inc., Thales Group, and The Boeing Co.. Also, the battlefield management systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.