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Battlefield Management System Market (Solution - Hardware, and Software; Platform - Armored Vehicles, Headquarter, Command Centers, and Soldier Systems; End-user - Army, Navy, and Air Force): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Battlefield Management System Market (Solution - Hardware, and Software; Platform - Armored Vehicles, Headquarter, Command Centers, and Soldier Systems; End-user - Army, Navy, and Air Force): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Report Code: ICT003114 Category: Electronics, ICT and Semiconductors Published: June, 2022

A recent report ongoing study by Infinium Global Research on the battlefield management system market provides in-depth analysis of segments and sub-segments in the global as well as regional battlefield management system market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional battlefield management system market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global battlefield management system market. According to the report, the global battlefield management system market is projected to grow at a significant CAGR over the forecast period of 2022-2028.

 

Market Insight

A battlefield management system (BMS) is used to surge command and controller of a military unit. It works by integrating information acquired from real-time data on the battlefield and processing the information. Hence, the battlefield management system becomes a significant element of the Army’s network-centric warfare program and incorporates information about groups on the battlefield to the command headquarters. Furthermore, a BMS permits soldiers on the battleground to admittance real-time data for better decision-making during difficult times. For this purpose, BMS obtain and transfer data, images, and voice from numerous sources, including cameras, laser range-finders, radar, and ground sensors. Moreover, geographical information systems, multisensory data fusion systems, rugged computing devices, and a software-defined radio-based communication system for soldiers are some of the technologies that are included in each BMS.

 


Battlefield Management System Market


The prime drivers propelling the market’s growth are the need to minimize the risk of friendly fire, change in warfare, protection of troops, and interoperability enhancement between various communication channels. Additionally, improved military troop efficiency and security of military troops also push the market’s growth. Furthermore, air, military, and naval operations require situational awareness intelligence in their workforce; hence there is a considerable demand for battlefield management systems in such units. Moreover, there is a raising need for tracking enemy forces, which is heavily demanding that situational awareness provided by various sensors helps in effective mission planning. For instance, under the United Kingdom’s robotic platoon vehicle program agreement, Rheinmetall AG secured a contract from the British armed forces for Mission Master combat ground vehicles in April 2020. However, the lack of proper deployment and high cost involved in implementing the battlefield management system is hampering the growth of the battlefield management system market over the forecast period. Nevertheless, an increase in the need to protect nations from rapidly growing terrorist activities requires strengthening military forces, thus, surging the integration of battlefield management systems in the military, which is anticipated to provide ample growth opportunities to the market. Additionally, to ensure the seamless communication and planning of deployment of troops, the demand for a battlefield management system is expected to rise over the forecast period.

 

The outbreak of COVID-19 has led to a significant drop in overall defense-related budget allocations, which led to depleted interests in military modernization programs globally. As a result, the demand for battlefield management systems decreased. Furthermore, various battlefield management system providers across all markets have faced reductions in revenues due to late delivery, manufacturing shutdown, and limited equipment availability. Additionally, the COVID-19 pandemic also affects crucial defense activities such as conferences, joint exercises, drills, regular training, and recruitments, which directly affects the growth of the battlefield management market. Hence, the battlefield management system market has faced many ups and downs during the pandemic, which negatively impacted the market.

 

A battlefield management system (BMS) is used to surge command and controller of a military unit. It works by integrating information acquired from real-time data on the battlefield and processing the information. Hence, the battlefield management system becomes a significant element of the Army’s network-centric warfare program and incorporates information about groups on the battlefield to the command headquarters. Furthermore, a BMS permits soldiers on the battleground to admittance real-time data for better decision-making during difficult times. For this purpose, BMS obtain and transfer data, images, and voice from numerous sources, including cameras, laser range-finders, radar, and ground sensors. Moreover, geographical information systems, multisensory data fusion systems, rugged computing devices, and a software-defined radio-based communication system for soldiers are some of the technologies that are included in each BMS.

 

Segment Covered

The report on the global battlefield management system market covers segments such as solution, platform, and end-user. On the basis of solution, the sub-markets include hardware, and software. On the basis of platform, the sub-markets include armored vehicles, headquarter, command centers, and soldier systems. On the basis of end-user, the sub-markets include army, navy, and air force.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Lockheed Martin Corporation, Rolta India Limited, General Dynamics Corporation, Elbit Systems Ltd, Rheinmetall AG, Leonardo SpA, Thales Group, Atos S.E., BAE Systems PLC, and Raytheon Company.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of battlefield management system market. Moreover, the study highlights current market trends and provides forecast from 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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