Global Battlefield Management Systems Market Growth (Status and Outlook) 2023-2029

Global Battlefield Management Systems Market Growth (Status and Outlook) 2023-2029

A battle management system provides the military unit with an integrated common operating picture (COP), which utilizes collaborative planning tools to enhance the decision-making skills of the troops. Battlefield management systems (BMS) enable absolute situational awareness by efficiently displaying vital data to the field commander. This system offer integrated COP (common operating picture) with the help of collaborative planning tools. This helps tactical commanders to take knowledge based and responsive decisions and implement highly efficient control over operations in fluid and dynamic battlefield.

LPI (LP Information)' newest research report, the “Battlefield Management Systems Industry Forecast” looks at past sales and reviews total world Battlefield Management Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Battlefield Management Systems sales for 2023 through 2029. With Battlefield Management Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Battlefield Management Systems industry.

This Insight Report provides a comprehensive analysis of the global Battlefield Management Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Battlefield Management Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Battlefield Management Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Battlefield Management Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Battlefield Management Systems.

The global Battlefield Management Systems market size is projected to grow from US$ 12970 million in 2022 to US$ 18480 million in 2029; it is expected to grow at a CAGR of 5.2% from 2023 to 2029.

The BMS aid soldiers in performing their tasks by displaying the command and control (C2) information related to different plan overlays, enemy troops, own troops and terrain features. BMS is highly mobile tactical control and command information system. It is integrated with decision making tools, weapon platforms and sensors. It also includes hand-held or wearable information systems with individual commander or soldiers and vehicle mounted information system. The augmented need to modernize military vehicles is the key driver for the growth of this market. The upgradation of military vehicles offers advantages like easy navigation, improved surveillance performance, enhanced communication between vehicles, and better implementation of advanced weapon systems. These benefits help ground forces to increase the chances of survival in a battlefield and also increases their situational awareness. North America led the battlefield management system market in 2016. The North America battlefield management system market has been studied for the U.S. and Canada. Significant investments in research and development of battlefield management systems for armies and special operations, increasing demand for advanced communication systems to replace legacy equipment in the warzone, and demand for blue force tracking are some of the factors that are expected to drive the battlefield management system market in the region.

This report presents a comprehensive overview, market shares, and growth opportunities of Battlefield Management Systems market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Computing System
Navigation and Imaging System
Communication and Networking System

Segmentation by application
Headquarter
Vehicle
Soldier

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Harris
Lockheed Martin
Northrop Grumman
Rockwell Collins
Thales Group

Please note: The report will take approximately 2 business days to prepare and deliver.