Battlefield Management System Market Forecast 2019-2025| Global BMS Industry Analysis By Key Companies, Size, Share, Type, Growth, Major Segments, Applications, Regional Trends

Battlefield Management System Market Forecast 2019-2025| Global BMS Industry Analysis By Key Companies, Size, Share, Type, Growth, Major Segments, Applications, Regional Trends

“Battlefield Management System Market”
Global Battlefield Management System (BMS) Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Risk and Opportunity Assessment, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

Global Battlefield Management Systems Market Research Report: Information by Type (Commander Systems, Dismounted Soldier Systems, Communication Network Systems, and Other Systems), Application (Army, Air Force, and Navy), & Region—Forecast till 2025

The global Battlefield Management System Market can record a CAGR of 4.94% during the forecast period (2018-2023), reports Market Research Future (MRFR).

Leading players in the worldwide battlefield management systems market are Thales Group (France), Harris Corporation (US), Leonardo SpA (Italy), Saab AB (Sweden), Collins Aerospace (US), BAE Systems PLC (UK), Cobham PLC (UK), General Dynamics Corporation (US), Northrop Grumman Corporation (US), Atos SE (France), Elbit Systems Ltd (Israel), Raytheon Company (US), Lockheed Martin Corporation (US), L3 Technologies Inc. (US), Rolta India Limited (India), to mention a few.

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Primary Drivers and Key Barriers

Battlefield management systems is used for gathering accurate real-time information and providing it to the military unit, which helps in decision making. These systems work by integrating information acquisition as well as processing to enhance control and command of a military unit. Battlefield management systems lead to total situational awareness by accurately displaying crucial data to the field commander. It helps offer integrated common operating picture (COP) with the support of collaborative planning tools. This allows tactical commanders to make decisions that are knowledge-based and are responsive, in addition to implementing extremely efficient control over operations in dynamic and fluid battlefield.

The market is also inundated with a number of renowned players that reply heavily on effective marking hacks to get ahead of their competition. These companies either elevate their product quality or reduce the prices, in a bid to increase the desirability of their product. Among other strategies, acquisitions and partnerships are highly popular among companies, which helps in revenue enhancement. For instance, in February 2019, Leonardo SpA acquired Vitrociset SpA with the sole aim of solidifying its core businesses such as aerospace and defense.

The market growth is also the result of the rising need to reduce the risk of friendly fire, protection of troops, interoperability, and change in warfare. Surge in need to protect nations from the menace of terrorist activities by strengthening military forces also benefits the market.

Market Segmentation

The worldwide market for battlefield management systems has been segregated depending on the type and application.

In the context of the type, the market includes dismounted soldier systems, commander systems, communication network systems, and others.

Application-wise segments in the global battlefield management systems market are army, navy and air force.

Regional Insight

North America, Asia Pacific (APAC), the Middle East & Africa (MEA), Latin America and Europe are the main markets for battlefield management system. In 2017, North America had seized 29% of the overall battlefield management systems market, with Europe capturing about 27% of the total share.

North America’s success in the global market is in response to the increasing defense expenditure coupled with the rising adoption of BMS by government and defense bodies. To illustrate, in 2017, The US Army obtained BMS from Systematic, in a bid to provide optimum security and safety to army personnel. In addition, the increasing use of BMS for overseas operations by the US Army in Iraq and Syria works in favor of the regional market. Moreover, presence of esteemed BMS providers like General Dynamics Corporation and Harris Corporation bolsters the market growth in the region.

Europe comes second in the global market, thanks to substantial investments in research and development of battlefield management systems for special operations and armies. Mounting demand for sophisticated communication systems to replace basic equipment in the warzone along with soaring demand for blue force tracking also help the market make immense progress in the region.

In APAC, increasing use of C2BMC by armed forces is believed to elevate system performance by integrating Ballistic Missile Defense System (BMDS) as it helps protect vehicles from ballistic missile threats. Japan, India, and China have expanded their defense budgets that have led to advancement in research and development (R&D) activities. These activities are expected to give rise to systems that can help protect nations from threats,

In MEA, surge in sectarian violence has augmented the demand for BMS. High concentration of well-known BMS manufacturers like Elbit Systems Ltd and Israel Aerospace Industries Limited is also stimulating market growth in the region.

The BMS market in Latin America gets a major boost from the thriving defense industry. The regional market is estimated to have a successful run throughout the review period, on account of the established defense industry and the increasing territorial conflicts.

Table of Contents

1. Executive Summary 
1.1. Market Attractiveness Analysis 
1.1.1. Global Battlefield Management System Market, by Type 
1.1.2. Global Battlefield Management System Market, by Application 
1.1.3. Global Battlefield Management System Market, by Region

2. Market Introduction 
2.1. Market Definition 
2.2. Scope of the Study 
2.3. Market Structure 
2.4. Key Buying Criteria 
2.5. Market Factor Indicator Analysis

3. Research Methodology 
3.1. Research Process 
3.2. Primary Research 
3.3. Secondary Research 
3.4. Market Size Estimation 
3.5. Forecast Model 
3.6. List of Assumptions

Continued……

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List of Tables

Table 1 Global Battlefield Management System Market, by Region, 2018-2023 
Table 2 North America: Battlefield Management System Market, by Country, 2018-2023 
Table 3 Europe: Battlefield Management System Market, by Country, 2018-2023 
Table 4 Asia-pacific: Battlefield Management System Market, by Country, 2018-2023 
Table 5 Middle East & Africa: Battlefield Management System Market, by Region, 2018-2023 
Table 6 Latin America: Battlefield Management System Market, by Region, 2018-2023 
Table 7 Global Battlefield Management System, Type Market, by Region, 2018-2023

Continued……..

List of Figures

Figure 1 Research Process of Mrfr 
Figure 2 Top-down & Bottom-up Approaches 
Figure 3 Market Dynamics 
Figure 4 Impact Analysis: Market Drivers 
Figure 5 Impact Analysis: Market Restraints 
Figure 6 Porter’s Five Forces Analysis 
Figure 7 Value Chain Analysis

Continued……..

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