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Battlefield Management Systems Market by Component (Hardware, Software, and Display Devices), Platform(Headquarter, Vehicle, and Soldier), System (Computing System, Navigation & Imaging System, Communication & Networking System, and Command & Control Systems), and End User (Military, Air Force, and Navy): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09682
Pages: NA
Jun 2021 | 293 Views
 
Author(s) : NA
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COVID-19

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Battlefield Management Systems Market Insight

A battlefield management system(BMS) integrates information acquired from real-time data on battlefield and processing the information to surge command and controller of a military unit. Battlefield management systems are the major elements of the Army's network-centric warfare program and incorporateinformation of groups on the battlefield to the command headquarters. BMS is able to obtain and transfer data, images, and voice from numerous sources, including cameras, laser range-finders, radar, and ground sensors, permitting the soldier on the battleground to admittance real-time data for better decision-making during difficult times.Technologies included in each BMSare geographical information system, multisensory data fusion system, rugged computing devices, and a software defined radio-based communication system for soldiers.

Battlefield Management Systems Market Scope and Structure Analysis:

Report Metric

Details

Market size available for years

2020–2027

Base year considered

2019

Forecast period

2021–2027

Forecast units

Value ($)

Segments covered

Component, Platform,System, End Users, and Region

Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

Companies covered

Major players analyzed in the market includeASELSAN A.Ş., BAE Systems PLC, General Dynamics Corporation, Lockheed Martin Corporation, L3Harris Technologies, Northrop Grumman Corporation, Rolta India Ltd., Rockwell Collins, Saab AB, and The Raytheon Company.

 

Impactof COVID-19 on Battlefield Management Systems Market:

  • Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost all countries around the globe, with the WHO declaring it a public health emergency. The global impacts of the disease are already starting to be felt, and expected to significantly affect the global battlefield management systems market in 2020.
  • The outbreak of COVID-19 has effected on the crucial defense activities such as conference, joint exercise, drills, regular training, and recruitments, which directly affects growth of the battlefield management market.
  • Overall, the pandemic is expected to have a negative impact on the global battlefield management market.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis:

The key drivers of battlefield management system market are the need for minimizing the risk of friendly fire, change in warfare, protection of troops, and interoperability enhancement between various channels of communication. In addition,improved military troop efficiency and security of military troops are driving the growth of battlefield management system market. However, development of battlefield management systems is restrained by lack of proper deployment and high cost involved in implementation of battlefield management system. Contrarily, increase in the need to protect nations from rapidly growing terrorist activities requires strengthen military forces thus, surging the integration of battlefield management system in military which is expected to drive the market growth. Also, major use of a battlefield management system is to offer survivability of assigned troops with real-time information in a battlefield to ensure the seamless communication and planning of deployment of troops, which is surging the use of battlefield management system market.

Need for enhanced situational awareness

Situational awareness plays a vital role in identifying, processing, and comprehending critical information regarding the activity of the team on battlefield. It is important for end users to correlate enemy movements and find hidden information to take strategic measurements. Thus, situational intelligence becomes importantin complex operational environments. Situational awareness allows a soldier to keep track of his teammates while fighting in the battlefield to make critical decisions in complex times. With the highly digitally networked and data-intensive battlespace, situational awareness has become very critical to ensure personnel security and battle success by giving insights about the situation. Battlefield management systems provide information of battlefield, which helps in decision making by military personnel.

High cost involved in implementation of battlefield management systems in the defense

Battlefield management systems market are important in modern warfaremanagement. However, huge cost is involved in the implementation and deployment in of systems in defense capabilities of a nation. There is scope of research in the market and huge capital is required for its R&D. Moreover, very few players are manufacturing the components of battlefield management system which add the intellectual property cost to the final product cost, increasing its overall cost.

Key segments covered:

Segments

Subsegments

Component

  • Hardware
  • Software
  • Display Devices

Platform

  • Headquarter
  • Vehicle
  • Soldier

System

  • Computing System
  • Navigation & Imaging System
  • Communication & Networking System
  • Command & Control Systems

End User

  • Military
  • Air Force
  • Navy

Key benefits of the report:

  • This study presents the analytical depiction of the global battlefield management systemsindustry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global battlefield management systems market share.
  • The current market is quantitatively analyzed from 2021 to 2027 to highlight the growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global market analysis depending on competitive intensity and how the competition will take shape in coming years.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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