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

Market Snapshot

The global battlefield management systems market is expected to register a 4.94% CAGR during the forecast period.

The global battlefield management systems market is expected to witness substantial growth during the forecast period. North America is estimated to be a prominent region for the battlefield management systems market due to the increasing defense expenditure and growing adoption of battlefield management systems (BMS) by government and defense bodies. Europe held the second-largest share of the global battlefield management systems market in 2018. Likewise, increasing defense expenditure in Asia-Pacific and the Middle East are projected to drive the growth of the global battlefield management systems market in the coming years.

The changing nature of warfare and increased use of BMS for special operations are the key drivers for the growth of the global battlefield management systems market. In 2017, North America accounted for 29% of the global battlefield management systems market, followed by Europe with 27%.

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Synopsis

The global battlefield management systems market has been segmented based on type, application, and region. By type, the market has been classified as commander systems, dismounted soldier systems, communication network systems, and others. On the basis of application, the global battlefield management systems market has been divided into air force, army, and navy.

Regional Analysis

The global battlefield management systems market has been segmented, by region, into Asia-Pacific, North America, Europe, the Middle East & Africa, and Latin America. In North America, increasing defense expenditure and growing adoption of BMS by government and defense bodies are propelling the market growth. For example, in 2017, The US Army procured BMS from Systematic, with an aim to offer enhanced security and safety to army personnel. Furthermore, the growing use of BMS by the US Army for overseas operations in countries such as Iraq and Syria is also boosting market growth in the region. Additionally, the presence of prominent BMS providers such as Harris Corporation and General Dynamics Corporation is bolstering the market growth.

The army segment is expected to dominate the market.

Increasing military expenditure in emerging economies, such as China and India, is bolstering the growth of the army application segment. Increasing adoption of BMS by the military forces in the US, China, India, and France is propelling the segment growth. BMS provide forward observer systems that enable army personnel to increase target acquisition. The army segment accounted for the largest market share of 36.46% in 2018, with a market value of USD 4666.49 million.

Companies Covered

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

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Key Developments

In February 2019, Leonardo SpA acquired Vitrociset SpA, a manufacturer of command and control systems and electronic products with an aim to strengthen its core businesses such as defense and aerospace.

In March 2018, Harris Corporation launched a two-channel handheld radio that offers enhanced battlefield communication to army personnel.

In June 2018, Thales Group partnered with Microsoft Corporation to develop a defense cloud solution that enables interconnecting BMS with digital networks.

Market Segmentation

By Type: Commander Systems, Dismounted Soldier Systems, Communication Network Systems, and Others

By Application: Air Force, Army, and Navy

By Region: North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America

Key questions addressed by the report

What was the historic market size (2017)?

Which segmentation (Type/Application) is driving market growth?

What will be the growth rate from 2018 to 2024?

Who are the key players in this market?

What are the strategies adopted by the key players?

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