Global Battlefield Management Systems Market Research Report Forecast to 2025
Battlefield Management Systems Market Forecast till 2025
Market Overview
The Battlefield Management System (BMS) is designed to improve military unit command and control through the integration of information gathering and processing. The system integrates into a nation's defense operations, providing a unified Common Operating Picture of the battlefield through collaboration planning tools for tactical commanders, allowing them to make informed decisions.
The market for battlefield management systems is being driven by the need for improved situational awareness technologies, as well as investments in advanced technologies such as the Internet of Things (IoT) for better combat performance. IoT has significant military applications, providing situational awareness through connected devices such as environmental sensors, biometrics, and other wearable devices. The IoT network enhances situational awareness and enables military personnel to respond effectively in dangerous situations on the battlefield. The BMS also provides comprehensive situational awareness by efficiently presenting vital information to the field commander
Segment Overview
The market for Battlefield Management Systems is divided into various categories based on the type of system, including Communication and Networking, Command and Control, Computing, Navigation, Imaging and Mapping, and Others. These systems provide a communication network among soldiers, allowing them to be interconnected. Some systems are designed for command and control purposes at higher-level command headquarters. Additionally, Battlefield Management Systems perform data computation and provide valuable information, as well as provide navigation, imaging and mapping of different terrain and landscapes for potential warfare.
Regional Analysis
The global market for battlefield management systems is growing as a result of increasing defense spending and growing adoption of these systems by government and defense organizations. Rising defense spending in the Middle East and Asia-Pacific is projected to drive the growth of the global market in the coming years.
The major factors driving the expansion of the global battlefield management systems industry are the evolving nature of warfare and the increasing use of these systems for special operations. This report focuses on the growth and development of the global market for battlefield management systems and includes segmental classifications, competitive analysis, market dynamics, and other aspects based on geographical locations. The overall aim of the report is to provide insights into the future advancement of advanced battlefield management systems..
Major Players
The key players in the market are Elbit Systems Ltd (Israel),Leonardo SpA (Italy), Rolta India Limited (India), Collins Aerospace (US), Cobham PLC (UK), L3 Technologies Inc. (US), General Dynamics Corporation (US), Lockheed Martin Corporation (US), Thales Group (France), Saab AB (Sweden), Northrop Grumman Corporation (US), Atos SE (France),BAE Systems PLC (UK), Raytheon Company (US),and Harris Corporation (US).
COVID 19 Impacts
The battlefield management systems market was minimally impacted by COVID-19, with demand even increasing due to heightened military confrontations between nations. A rise in global military spending is expected to drive purchases of weapons and related battlefield management systems, as evidenced by the Stockholm International Peace Research Institution (SPIRI) reporting that global military spending surpassed USD 2.1 Trillion in 2021, reflecting the strong inclination of militaries to invest in defense purchases like battlefield management systems.
The COVID-19 pandemic has impacted all global markets, including the battlefield management systems market. The pandemic is estimated to have decreased the global market by 5-10%. In 2020, the market's growth was hindered by manufacturing shutdowns, delayed deliveries, and limited equipment availability. However, the global market is expected to recover by the end of 2022 and reach its goal by 2025.
Companies Mentioned
Elbit Systems Ltd (Israel)
Leonardo SpA (Italy)
Rolta India Limited (India)
Collins Aerospace (US)
Cobham PLC (UK)
L3 Technologies Inc. (US)
General Dynamics Corporation (US)
Lockheed Martin Corporation (US)
Thales Group (France)
Saab AB (Sweden)
Northrop Grumman Corporation (US)
Atos SE (France)
BAE Systems PLC (UK)
Raytheon Company (US)
and Harris Corporation (US)
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