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Battlefield Management System (BMS) Market by Platform (Headquarter, Vehicle, Soldier), System (Computing System, Navigation and Imaging System, Communication and Networking System), Component and Region - Global Forecast to 2021

Battlefield Management System (BMS) Market: Global Forecast until 2021

  • April 2017
  • 197 pages
  • ID: 4819003
In this report:
Economies in Asia-Pacific are also expected to be responsible for ##% increase in defense acquisition, and research and development by 2020.
According to Asia-Pacific Defense Outlook 2015 published by Deloitte, the defense spending of China will increase to ##% by 2018 from ##% of the total defense spending in the Asia-Pacific region.

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"Battlefield management system market is estimated to rise at a compound annual growth rate of ~5.3 percent during the forecast period"

The battlefield management system market is forecasted to grow from ~$13.3B in 2016 to ~$17.1B by 2021, at a compound annual growth rate of ~5.3 percent from 2016 to 2021. The need for enhanced situational awareness and the use of battlefield management systems for special operations are forecast to steer the battlefield management system market.

"Established on platform, the vehicle segment led the battlefield management system market in 2016"

Established on platform, the vehicle segment led the battlefield management system market in 2016. This dominance can be connected to the modernization of military operations as well as the growing demand for connected vehicles, need for network-centric battlefield programs, availability of small and robust electronic components, and the growing need for accuracy in navigation & control systems deployed in military land vehicles.

"Established on system, the navigation & imaging system segment led the battlefield management system market in 2016"

Established on system, the navigation & imaging system segment controled the battlefield management system market in 2016. Rising defense budgets of developing nations, increasing insurgencies due to territorial conflicts, and the increasing need for situational awareness are the top factors that are anticipated to propel the market demand for battlefield management systems.

"Established on component, the wireless communication devices segment led the battlefield management system market in 2016"

Established on component, the wireless communication devices segment controled the battlefield management system market in 2016. This increase can be accredited to the importance of blue force tacking as well as the transformation of systems used in warfare. In the current scenario, the defense sector is undergoing main transformations, and numerous technological advancements have been undertaken by the key market players to cater to the demands of defense forces. Increase in terrorism and cross-border disputes are the main factors fueling the industry demand for battlefield management systems.

"North America continent was the biggest market for battlefield management systems in 2016"

North America (NA) led the battlefield management system market in 2016. The North America battlefield management system market has been studied for the United States (USA) and Canada (CA). The United States leads the battlefield management system market in North America continent. Factors responsible for this dominance of North America are heavy investments made by the U.S.A in defense institutional reforms and advancement of military capabilities of both the countries. The battlefield management system market in North America (NA) is highly fragmented. Intense competition among these countries has forced manufacturers to tap possibilities in developing nations in the eastern part of the globe.

Distribution of profile of primary members taking part for this industry report:

- By Company Type: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, Tier 3 - 20.0 percent

- By Description: C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

- By area: North america (NA) - 45.0 percent, Europe - 20.0 percent, Asia-Pacific - 30.0 percent, RoW - 5.0 percent

Some of the main actors in the battlefield management system market are Rockwell Collins (NYSE:COL), SAAB AB, Thales (HO), Leonardo S.p.A., Harris Corporation, Raytheon Company, BAE Systems plc, and General Dynamics Corporation.

Segment Research

The study segments the battlefield management system market based on platform (headquarter, vehicle, and soldier), system (computing system, navigation & imaging system, and communication & networking system), and component (computer hardware devices, computer software, display devices, imaging devices, night vision devices, tracking devices, wired communication devices, wireless communication devices, and IFF), and maps these segments and sub-segments across main regions, that is, North America continent, EU, Asia-Pac, the Middle East (ME), and the RoW.

The analysis offers detailed market intelligence regarding market dynamics and top factors that influence the increase of the battlefield management system market (drivers, business restraints, alternatives, and market-specific challenges), together with analyzing micromarkets with respect to individual developments trends, future perspectives, and their contribution to the battlefield management system market.

Why acquiring this study can help you:

From an insight prospect, the battlefield management system market report highlights on several levels of analysis - industry study, market share research of top players, and company descriptions, which together comprise and examine basic views on opposing landscape, high-growth areas, and territories, and their specific regulatory policies, drivers, industry restraints, and possibilities.

The battlefield management system market report offers business insights on these pointers:

- Business entry: Exhaustive information concerning the competitive landscape in the battlefield management system market

- Market Sizing: Market value in financial year 2014-2015 and projection of the market size from 2016 to 2021

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the battlefield management system market

- Market Overview: Market forces and subsequent analyses of associated trends, drivers, market restraints, and alternatives prevailing in the battlefield management system market

- Industry development: Highlighted information about lucrative industries by analyzing sectors for battlefield management systems across several areas

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the battlefield management system market

- Regional Review: Factors influencing market shares of North America, Europe (EU), Asia Pacific (APAC), Middle East (ME), and Rest of the globe

- Opposing assessment: Detailed assessment of strategies, products, and manufacturing capabilities of leading market actors

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