Enjoy complimentary customisation on priority with our Enterprise License!
A battle management system provides the military unit with an integrated common operating picture (COP), which utilizes collaborative planning tools to enhance the decision-making skills of the troops. The rising political tension between countries like Russia, Ukraine, US, Mexico, China, India, and Pakistan is expected to result in the increased adoption of new and modernized systems and technologies. This growing need to strengthen the battlefield capabilities of countries is a critical factor that results in this market’s moderate CAGR of nearly 4% by 2020.
The augmented need to modernize military vehicles is the key driver for the growth of this market. The upgradation of military vehicles offers advantages like easy navigation, improved surveillance performance, enhanced communication between vehicles, and better implementation of advanced weapon systems. These benefits help ground forces to increase the chances of survival in a battlefield and also increases their situational awareness.
In this market analysis, Technavio’s market research analyst estimates the communication network systems segment to account for approximately 40% of the total market share by 2020. The augmented need to replace analog systems with highly advanced systems, such as joint tactical radio system and defense satellite communication systems, is expected to bolster market growth in this segment during the forecast period.
The Americas is considered to be the largest market for battlefield management systems during the forecast period. This region is predicted to account for approximately 38% of the total market share by 2020, and its high market share can be attributed to the recent increase in the funding for maritime programs. This increase in funding is expected to result in the upgradation of vehicles with BMS, which in turn will allow this region to retain its dominating hold over the market by 2020.
This market is extremely competitive due to the presence of prominent vendors like Lockheed Martin and Harris. The competitive environment in this market is anticipated to intensify with an increase in R&D innovations and M&A in the coming years. For instance, Lockheed Martin has launched its C2BMC system that enhances the performance of the systems by integrating and coordinating ballistic missile defense system (BMDS) assets throughout the battlespace. Similarly, other international players are also expected to launch similar products during the forecast period.
The leading vendors in this market are -
The other prominent vendors analyzed in this market study are Cobham, General Dynamics, Raytheon, and Rolta India.
Technavio also offers customization on reports based on specific client requirement.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Global aerospace and defense supply chain system
PART 07: Global aerospace and defense value chain system
PART 08: Market segmentation by system
PART 09: Geographical segmentation
PART 10: Key leading regions
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Key vendor analysis
PART 18: Appendix
PART 19: Explore Technavio
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.