Battlefield Management Systems Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 11.09 Billion |
| Market Size (2029) | USD 13.38 Billion |
| CAGR (2024 - 2029) | 3.83 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Battlefield Management Systems Market Analysis
The Battlefield Management Systems Market size is estimated at USD 11.09 billion in 2024, and is expected to reach USD 13.38 billion by 2029, growing at a CAGR of 3.83% during the forecast period (2024-2029).
Growth in the defense spending of military forces worldwide coupled with the growing need for the development of new battlefield management systems to improve defense capabilities are some of the factors which is anticipated to generate significant market growth during the forecast period. Also, the growing demand for enhanced situational awareness to support the military defense decision-making process and protect the troops on the battlefield will drive the adoption of such systems by the global armed forces.
On the other hand, the higher costs involved in implementing battlefield management systems in the defense sector will hamper market growth.
Furthermore, the growing use of advanced technologies such as artificial intelligence, leading to growth in cybersecurity, situational awareness, decision support, automation, and adaptability will provide newer business opportunities within the market during the forecast period.
Battlefield Management Systems Market Trends
Army Segment To Witness Highest Growth During the Forecast Period
The changing scenario of warfare across the world has led to various countries increasing their defense budget to acquire new and advanced battlefield management systems to improve their military proficiency. According to the data provided by the Stockholm International Peace Research Institute (SIPRI), in 2022, the global defense expenditure amounted to USD 2.2 trillion.
On this note, in July 2023, the US Army awarded a contract to Systematic A/S for using its SitaWare software suite to improve the security and performance of its tactical communications network and battle management systems as part of the LAND 200 Phase 3 Battlefield Command Systems initiative.
Also, in August 2023, the UK Ministry of Defence (MoD) awarded a GBP 89 million (around USD 113 million) contract to BAE Systems plc to enhance front-line connectivity for military personnel, linking small reconnaissance drones, combat vehicles, fighter jets, aircraft carriers, and military commands. the five-year contract entails the design, development, and deployment of a tactical wide area network called Trinity.
Asia-Pacific to Witness Significant Growth During the Forecast Period
Asia-Pacific has been a hotspot for border conflicts which has led to major countries within the region realigning their military strategies and organizational structures to counter such conflicts. This has led to significant growth in terms of demand for advanced battlefield management systems within the region. For instance, in December 2023, the Indian Army announced that they are in the process of developing military-grade 5G and 6G telecom apps. Moreover, this project will help to address the future warfare requirements of the country.
There has also been notable growth in terms of integration of advanced technology such as artificial intelligence into the newer generation systems which is expected to provide a boost to the current capabilities of an end-user country in terms of cybersecurity, situational awareness, decision support, automation, and adaptability. Thus, growth in the acquisition of new battlefield management systems as well as the growing need to integrate advanced technologies within the existing systems will drive market growth in the region.
Battlefield Management Systems Industry Overview
The battlefield management system market is fragmented with various players dominating the market. Some of the major players in the battlefield management system market are BAE Systems plc, RTX Corporation, Elbit Systems Ltd., General Dynamics Corporation, and L3Harris Technologies, Inc. amongst others.
Various players in the market are investing significantly in the research and development of advanced battlefield management systems which will help to protect troops on the battlefield. Furthermore, changing battlefield scenarios have led to various players collaborating with defense forces worldwide to understand the military requirements and introduce new generations of BMS which will help in leveraging terrain modeling with advanced networking capabilities. Furthermore, growing investments by dominant market players will lead them to capture significant market share in the years to come.
Battlefield Management Systems Market Leaders
BAE Systems plc
RTX Corporation
Elbit Systems Ltd.
L3Harris Technologies, Inc.
General Dynamics Corporation
*Disclaimer: Major Players sorted in no particular order
Battlefield Management Systems Market News
In July 2023, the Australian government announced initiating the Land 200 Phase 3 initiative which will lead to the introduction of a next-generation battlefield command system for ground forces. Moreover, the project will help to provide battle management systems (BMS) as well as an integrated tactical communications network to the Australian Army.
In May 2023, the Indian Army announced fast-tracking the development as well as the implementation of a new battle management system and integrated surveillance centers which will aim to reduce the decision-making time amid growing tensions with China.
Battlefield Management Systems Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 System
5.1.1 Navigation Systems
5.1.2 Communication and Networking Systems
5.1.3 Command and Control Systems
5.1.4 Weapon Systems
5.2 End User
5.2.1 Army
5.2.2 Air Force
5.2.3 Navy
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canda
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Japan
5.3.3.4 South Korea
5.3.3.5 Rest of Asia-Pacific
5.3.4 Latin America
5.3.4.1 Brazil
5.3.4.2 Mexico
5.3.4.3 Rest of Latin America
5.3.5 Middle East and Africa
5.3.5.1 United Arab Emirates
5.3.5.2 Saudi Arabia
5.3.5.3 Israel
5.3.5.4 Egypt
5.3.5.5 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 ASELSAN A.S.
6.2.2 BAE Systems plc
6.2.3 RTX Corporation
6.2.4 Elbit Systems Ltd.
6.2.5 General Dynamics Corporation
6.2.6 Indra Sistemas, S.A.
6.2.7 Kongsberg Gruppen ASA
6.2.8 L3Harris Technologies, Inc.
6.2.9 Rheinmetall AG
6.2.10 Leonardo DRS, Inc. (Leonardo S.p.A.)
6.2.11 Saab AB
6.2.12 THALES
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Battlefield Management Systems Industry Segmentation
A battlefield management system (BMS) is a system that is used to gather data and process information for command and control for the defense sector. Furthermore, the BMS provides a common operating picture (COP) tool that aids decision-making bodies in the military to make timely decisions with the right available information.
The battlefield management system market is segmented by system, end user, and geography. By system, the market is segmented into navigation systems, communication and networking systems, command and control systems, and weapon systems. By end user, the market is segmented into army, air force, and navy. The report also covers the market sizes and forecasts for the battlefield management systems market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).
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| Navigation Systems | |
| Communication and Networking Systems | |
| Command and Control Systems | |
| Weapon Systems |
| End User | |
| Army | |
| Air Force | |
| Navy |
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Battlefield Management Systems Market Research FAQs
How big is the Battlefield Management Systems Market?
The Battlefield Management Systems Market size is expected to reach USD 11.09 billion in 2024 and grow at a CAGR of 3.83% to reach USD 13.38 billion by 2029.
What is the current Battlefield Management Systems Market size?
In 2024, the Battlefield Management Systems Market size is expected to reach USD 11.09 billion.
Who are the key players in Battlefield Management Systems Market?
BAE Systems plc, RTX Corporation, Elbit Systems Ltd., L3Harris Technologies, Inc. and General Dynamics Corporation are the major companies operating in the Battlefield Management Systems Market.
Which is the fastest growing region in Battlefield Management Systems Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Battlefield Management Systems Market?
In 2024, the North America accounts for the largest market share in Battlefield Management Systems Market.
What years does this Battlefield Management Systems Market cover, and what was the market size in 2023?
In 2023, the Battlefield Management Systems Market size was estimated at USD 10.67 billion. The report covers the Battlefield Management Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Battlefield Management Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Battlefield Management Systems Industry Report
Statistics for the 2024 Battlefield Management Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Battlefield Management Systems analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
