The Battlefield Management System market delves into the possible growth opportunities for the global market and the chronological growth of the market throughout the forecast period.
1. Global Battlefield Management System Market Trends, Analysis, And
Forecast To 2025
Battlefield management system (BMS) is a system meant to incorporate information acquisition and
processing in order to boost command as well as control of a military unit. This system supports in taking
better decision owing to reliable operational information offered in real time and possess the ability to
rapidly close the sensor to shooter loop by assimilating all surveillance means to enable the engagement
through an automated decision support and command and control system, thereby using technology for
mission accomplishment in the Tactical Battle Area (TBA) by swift acquisition, information processing and
transfer, improved situational awareness, and ability to react to information.
The global battlefield management system market can be classified based on platform, system and region.
On the basis of platform, the global battlefield management system market is classified into headquarter,
vehicle, and soldier. Depending upon system, it is segmented into computing system, navigation and
imaging system, communication and networking system.
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Among the market segments, the vehicle segment commands the major share of the battlefield
management system (BMS) market, and is expected to continue its market share over the forecast period.
Also, the soldier market segment is anticipated to grow at the swiftest rate during the forecast period.
Factors such as attainment of advanced subsystems such as networking and C4I, modern communication
systems is estimated to fuel the growth of the soldier segment of the battlefield management system
(BMS) market. Also, the navigation & imaging system segment commands the major share of the
battlefield management system (BMS) market and is anticipated to grow at the swiftest rate during the
forecast period.
2. The global battlefield management system market is expected to garner maximum revenue in the
forecast period. Factors such as enhanced need for situational awareness and for battlefield management
systems (BMS) in special operations are expected to fuel the growth of battlefield management system
market. Also, the mounting political tension between countries like Russia, Mexico, Ukraine, China, India,
U.S. and Pakistan is anticipated to lead to increased adoption of new and modernized systems and
technologies.
Based on regions, the global battlefield management system market is divided into North America,
Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is
anticipated to command the maximum market share and would lead the market during the forecast
period. Owing to an increase in the funding for maritime programs and up gradation of vehicles with BMS,
this region will retain its dominant position over the market. The region is investing heavily in defense
institutional reforms. Also, high usage of battlefield systems in overseas operations conducted by the U.S.
Army in countries such as Afghanistan, Syria, and Iraq demonstrates its augmented demand in the North
America defense market, thereby propelling the battlefield management system (BMS) market during the
forecast period.
The global battlefield management system market is highly competitive owing to the presence of major
vendors like Lockheed Martin and Harris. The competitive environment in this market is analyzed to
strengthen with an increase in research and development innovations and mergers and acquisitions in the
future years. The major companies that provide battlefield management systems include Lockheed
Martin Corporation, SAAB AB, Thales Group, Systematic A/S, Leonardo S.p.A., and Raytheon Company
among others.
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