Battlefield Management Systems Market Scope
Battlefield Management Systems is a highly mobile tactical control and command information system. Battlefield Management Systems enable complete situational awareness by effectively displaying all crucial data required by a Field Commander at any given point of time. It is integrated with decision-making tools, weapon platforms, and sensors. With the help of Battlefield Management System, Commanders of any Arm or Service at various hierarchical levels can benefit from real-time accurate information, enabling them to make the right decisions at the right time. Situational understanding of the battlefield is vital for any mission and for survivability.
Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Battlefield Management Systems market throughout the predicted period.
SAAB AB (Sweden), Rockwell Collins, Inc. (United States), ROLTA India Ltd (India), Raytheon Company (United States), BAE Systems plc (United Kingdom), Thales Group (France), Elbit Systems Ltd (Israel), Harris Corporation (United States), General Dynamics Corporation (United States), Leonardo S.p.A. (Italy), Systematic A/S (Denmark) and Northrop Grumman Corporation (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Battlefield Management Systems market by Type (Computing System, Navigation and Imaging System and Communication and Networking System), by Application (Air Force, Defense and Others) and Region with country level break-up.
On the basis of geography, the market of Battlefield Management Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Feb 2019, Leonardo has completed the 100% acquisition of Vitrociset, a manufacturer of protection, command and control systems, and other electronic products.
In Jun 2019, Harris Corporation and L3 Technologies announced that they have received the necessary regulatory approvals for their all-stock merger and have set a closing date of June 29, 2019.
Market Trend
- Weapons Integrated Battlefield Management System
Market Drivers
- Rising Requirement for Enhanced Situational Awareness
- Increasing Need for Technological Enhanced Systems for Special Operations
Opportunities
- Rising Government Focus on Military Modernization
- Surging Investments in Research and Development of Battlefield Management Systems
Restraints
- High Cost of Implementation of Battlefield Management Systems
Challenges
- Cyber Security Concern
- Lack of Communication Technology Infrastructure
Key Target Audience
Battlefield Management Systems Provider, Sub-Component Provider, Potential Investors, Government Bodies, Research and Development Firm and Others