battlefield management system market
Aerospace and Defense

Insights Into The Battlefield Management System Market’s Growth Opportunities Through 2023-2032 – Includes Battlefield Management System Market Size

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

Military spending increases are expected to drive innovation in battlefield management system manufacturing, propelling the market during the forecast period.

 

The global battlefield management system market is expected to grow from $14.06 billion in 2022 to $15.52 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The battlefield management system market size is expected to grow to $21.52 billion in 2027 at a CAGR of 8.5%.

 

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Global Battlefield Management System Market Segments Include:

  • By Components: Wireless Communication Devices, Imaging Devices, Computer Software, Tracking Devices, Wired Communication Devices, Computer Hardware Devices, Night Vision Devices, Display Devices, Identification Friend or Foe (IFF)
  • By Type: Dismounted Soldier Systems, Commander Systems, Communication Network Systems
  • By System: Computing, Communication and Networking, Command and Control, Navigation, Imaging, and Mapping
  • By Platform: Armoured Vehicles, Headquarter and Command Centers, Soldier Systems
  • By Application: Air Force, Army, Navy
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global battlefield management system market in 2021.

 

Major Market Players in the battlefield management system market include Rolta India Limited, Leonardo S.p.A., Atos SE, Elbit Systems, Thales Group, Rheinmetall AG, BAE Systems, Saab AB, Aselsan, L3Harris Technologies.

 

Strategic company collaborations are a key trend that is gaining traction in the battlefield management systems market. Companies that make battlefield management systems are forming alliances and collaborating with competitors and government defence organisations, as well as developing new technologies and products. For example, in February 2020, Saab, a Swedish aerospace and defence systems manufacturer, and the Australian Department of Defence agreed to collaborate on the development of battlefield management systems. The collaboration will allow the Australian Department of Defence to acquire Saab’s next-generation combat management systems for their new Arafura class offshore patrol vessels. In addition, Leonardo SPA, an Italian aerospace company that operates in aerospace, defence, and security, has extended its 5-year partnership with 2Excel Aviation, a UK-based aerospace services company, for flight trials services. Leonardo intends to test and demonstrate the performance of its radar and electronic warfare systems in flight for development purposes and customer demonstrations.

 

The Battlefield Management System Global Market Report 2023  provides a battlefield management system market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The battlefield management system market forecast analyzes battlefield management system market size, battlefield management system market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

The battlefield management system (BMS) provides an integrated common operating picture (COP) of the battlefield through the use of collaborative planning tools, allowing tactical commanders at all levels, from battalion HQ to section commanders, to make responsive and knowledge-based decisions and exercise highly effective control over operations in a dynamic and fluid battlefield, all while remaining focused on their primary missions. Commanders of any arm or service at various hierarchical levels can benefit from the battlefield management system’s real-time precise information, allowing them to make the right decisions at the right time. Understanding the battlefield in its current state is critical for the success and survival of any mission.

 

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