DUBLIN--(BUSINESS WIRE)--The "Battlefield Management Systems Market to 2027 - Global Analysis and Forecast by Component; System; Application" report has been added to ResearchAndMarkets.com's offering.
The global battlefield management systems market accounted for US$ 15.15 Bn in 2018 and is expected to grow at a CAGR of 6.4% over the forecast period 2019-2027. The global battlefield management system would account for US$ 26.24 Bn by 2027.
In the battlefield management systems market, various factors are driving the market such as need for enhanced situational awareness technologies; situational awareness empowers to keep track of the soldier while combating. Due to penetration of digitization in evolving technologies, the military sector is investing in advanced technologies to keep track on the enemies all the time. The military battle is going high-tech as technologies such as the Internet of Things (IoT) for battle gear embedded with a biometric wearable are deployed to help soldiers identify the enemy and perform better in battle.
The IoT has robust military applications in a cohesive network that surge situational awareness. In addition, IoT is a strong edge architecture, by using environmental sensors, biometrics, and other connected devices to send and receive data rapidly, it enables military personnel to respond during potentially dangerous situations on the battlefield. Furthermore, BMS allows absolute situational awareness by efficiently displaying crucial data to the field commander. It also helps tactical commanders to take knowledge-based and alert decisions and implement highly efficient control over operations on the battlefield. These factors are driving the global battlefield management system market.
The global battlefield management system market is driven important factors such as technological advancements and innovations in the battlefield management systems, protection of troops, and robust military budget. The US Department of Defense (DOD), Ministry of National Defense of the People's Republic of China, Ministry of Defense India (MoD), and the UK Ministry of Defense (MoD) continue to invest substantial amounts in offering troops with highly advanced technology including weaponries and communication technology that enable them to communicate with each other and efficiently retaliate even in the harshest environments.
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Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Battlefield Management Systems Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
5. Battlefield Management Systems Market - Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Military Expenditure
5.1.2 Need for Enhanced Situational Awareness Technologies
5.2 Key Market Restraints
5.2.1 Growing Concerns Associated with Cyber Warfare
5.3 Key Market Opportunities
5.3.1 Growing Adoption of Advanced Technologies in Military Industry
5.4 Future Trend
5.4.1 Demand for Miniaturization of Systems in Military Applications
5.5 Impact Analysis of Drivers and Restraints
6. Battlefield Management Systems Market - Global Market Analysis
6.1 Global Battlefield Management Systems Market Overview
6.2 Global Battlefield Management Systems Market Forecast and Analysis
6.3 Market Positioning - Top Five Players
7. Battlefield Management Systems Market - By Component
7.1 Overview
7.2 Battlefield Management Systems Market Breakdown, by Component, 2018 & 2027 (%)
7.3 Wireless Communication Devices
7.4 Imaging Devices
7.5 Display Devices
7.6 Computer Software
7.7 Tracking Devices
8. Battlefield Management Systems Market Analysis - By System
8.1 Overview
8.2 Battlefield Management Systems Market Breakdown, by System, 2018 & 2027 (%)
8.3 Navigation and Imaging Systems
8.4 Computing Systems
8.5 Communication and Networking Systems
9. Battlefield Management Systems Market Analysis - By Application
9.1 Overview
9.2 Battlefield Management Systems Market Breakdown, by Application, 2018 & 2027 (%)
9.3 Vehicles
9.4 Soldiers
9.5 Headquarters
10. Global Battlefield Management Systems Market - Geographic Analysis
10.1 Overview
10.2 North America Battlefield Management Systems Market, Revenue and Forecast to 2027
10.3 Europe Battlefield Management Systems Market Revenue And Forecast To 2027
10.4 APAC Battlefield Management Systems Market, Revenue and Forecast To 2027
10.5 MEA Battlefield Management Systems Market, Revenue and Forecast To 2027
10.6 South America Battlefield Management Systems Market Revenue And Forecast To 2027
11. Battlefield Management Systems Market - Industry Landscape
11.1 Product News
11.2 Merger and Acquisition
12. Battlefield Management Systems Market - Company Profiles
12.1 BAE SYSTEMS PLC
12.2 Elbit Systems Ltd.
12.3 General Dynamics Corporation
12.4 Leonardo
12.5 Raytheon Company
12.6 Rheinmetall AG
12.7 Rockwell Collins
12.8 SaaB AB
12.9 Thales Group
12.10 L3HARRIES
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