Battlefield Management System Market - Trends Forecast Till 2028

Market Overview

The global Battlefield Management System Market size is projected to reach a CAGR of 7.2% from in 2021-2028.

A battlefield management system (BMS) integrates information acquired from real-time data on battlefield and processing the information to surge command and controller of a military unit.

The changing nature of warfare and the growing use of BMS for special operations are some of the factors that have supported long-term expansion for Battlefield Management System Market.

The ongoing COVID-19 has affected all the global markets for a certain period. Among these, the battlefield management systems market is the major affected one.  Many industrial experts mentioned that the unpredicted pandemic had affected the global market by approximately 5-10% across the world.

Regional Analysis

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Raytheon Company
• ASELSAN AS
• L3Harris Technologies Inc.
• General Dynamics Corporation
• BAE Systems PLC
• Saab AB
• Indra Company
• Leonardo S.P.A
• Thales Group
• Sapura Secured Technologies
• Nexter Systems
• Anduril Industries, Inc.

Recent Developments

• In December 2019, The US Defense Advanced Research Projects Agency has selected the BAE system to develop the Multi-domain Adaptive Request Service (MARS) software and application tool for US armed forces, designed to leverage artificial intelligence (AI) technologies to consolidate and co-ordinate multi-domain combat assets into a single command picture.
• In October 2019, Over the next two years under a multi-million dollar contract with the Army, Raytheon is developing EWPMT Capability Drop 4 (CD4).

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Battlefield Management System Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope