Battlefield Management Systems Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Poland, Belgium, Netherlands, Russia, Japan, China, India, South Korea, Malaysia, Sri Lanka, Brazil, Argentina, UAE, South Africa, Saudi Arabia), Growth Potential, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4742
Battlefield Management Systems Market size is anticipated to grow rapidly till 2026 driven by rising demand for effective communication network between allies during chaotic situations to gain strategic superiority and minimize friendly fire. Technological advancements have increased situational awareness and better integration with other systems are promoting the market. The new improvements provide significant strategic superiority in the battlefield. Various countries across the globe are actively investing in upgrading their existing BMS system, supporting the market.
The increasing defense expenditure of major countries including the U.S., Russia, China, India, and South Korea is one of the major industry drivers of the battlefield management systems market. Various countries are significantly investing in establishing in-house manufacturing capabilities of BMS system, giving the market a regional boost. For instance, Russian Armed forces have been in the continuous process of advancement of battlefield management system systems since 2008. In June 2019, the latest iteration of BMS was released, which demonstrated a completely automated command & control system.
The outbreak of COVID-19 will moderately hinder the growth rate of the battlefield management systems market. Limited operations in research, development, and manufacturing facilities to contain the spread of coronavirus and the transfer of fund toward medical and rescue services are limiting financials for defense acquisitions, thereby negatively impacting the market growth.
The communication & networking market under the component segment is expected to witness significant growth over the projected time period due to increasing demand for long-range elaborative communication networks. Introduction of various connected components enabling Internet of Things (IoT) application in the battlefield management system is posing the requirement. The communication and networking of BMS should not face interference or connection loss at any point of time in any situations. To build a robust, reliable, resilient, and effective communication systems, battlefield management system uses long-range, high bandwidth data transmission appliances, improving the network and communication market.
The hardware segment of the battlefield management system will witness maximum market share due to the involvement of various advanced components including radars, sensors, and display units. These components are specifically designed to function effectively in harsh environments and demand special manufacturing capabilities for production. Such specialized requirements increase the production cost of hardware materials, improving the market share. Introduction of various technologies including AR/VR, IoT, and bigdata is allowing BMS service providers to develop much more powerful and comprehensive software capable of support the vast scope of hardware.
The North America region will showcase maximum market share in the battlefield management systems market supported by the presence of major industry players such as Lockheed Martin, Raytheon, and L3Harris. These industry players showcase significant research & development capabilities, increasing the competitive edge of the market in the region. The shift in expenditure trend of the U.S. government with respect to its defense systems is a major market accelerator. Currently, the U.S. believes that it has significantly invested in hardware over the past few years and will now shift its investment focus on development of software, accessories, and sub-systems. For instance, in July 2019, the U.S. plans to stop its investments in JSTARS surveillance plane and replace it with a modified MQ-9 Reaper. The modification of dismount radar will add the Moving Target Indicator (MDI) capability and is expected to bag an investment of US 10 million over the coming fiscal year. The U.S. air force has also started working on the development of data architect for its Advanced Battle Management System.
Battlefield management systems are extensively used in land-based missions in order to have better command & control over the situation during war zone and minimize possibilities of friendly fire. The increase in requirement of immediate dispatch and deployment of ground task forces in case of crises is promoting ground based BMS system. The aging BMS systems of various countries are posing the requirement of technological upgrades and system integration, which will propel the market within the coming years. For instance, in November 2019, the German army is expected to sign a contract with Systematic for the acquisition of Very High Readiness Joint Task Force (VJTF) program. The program is expected to be operational by 2023 and will be integrated with Leopard main battle tanks and Puma infantry fighting vehicles.
The Asia Pacific battlefield management systems market is expected to grow at a significant pace due to the increasing defense budget in India, China, and Japan. The rise in insurgencies between countries including India and China, China and the U.S will also positively impact the market. Various countries across Asia Pacific are significantly investing in R&D for the development of indigenous BMS systems, which will strengthen their strategic and economic position. For instance, in March 2015, the Defense Ministry of India selected consortium of Rolta India Limited and Bharat Electronics Limited (BEL) for the development of BMS for USD 6.9 billion. The project is expected to deliver command & control to echelons participating at the forward edge of the tactical battle area.
Major industry players in the battlefield management systems market are Atos SE, Elbit Systems Ltd., Israel Aerospace Industries ltd, BAE Systems, Collins Aerospace, Elbit Systems, General Dynamics Corporation, Indra Sistemas, Kongsberg Gruppen, L3Harris, Leonardo SPA, Lockheed Martin, Northrop Grumman Corporation, Raytheon, Rheinmetall AG, Rockwell Collins, Rolta India Limited, Saab AB, SYSTEMATIC, and Thales Group. The companies operating in this vertical are undergoing joint ventures and long-term agreements to develop technically advanced products in order to increase their market presence. For instance, in November 2019, MBDA and Saab integrated their Common Anti-air Modular Missiles (CAMM) and Giraffe radar systems for the development of Integrated Air and Missile Defense (IAMD) Integrated Battle Command System (IBCS).
Market, By Component, 2015 - 2026 (USD Million)
- Communication & networking
- Navigations & imaging
Market, By Component, 2015 - 2026 (USD Million)
Market, By Application, 2015 - 2026 (USD Million)
The above information has been provided for the following regions and countries:
- North America
- New Zealand
- South Korea
- Latin America
- South Africa
- Saudi Arabia
- Atos SE
- Elbit Systems Ltd.
- Israel Aerospace Industries ltd
- BAE Systems
- Collins Aerospace
- Elbit Systems
- General Dynamics Corporation
- Indra Sistemas
- Kongsberg Gruppen
- Leonardo SPA
- Lockheed Martin
- Northrop Grumman Corporation
- Rheinmetall AG
- Rockwell Collins
- Rolta India Limited
- Saab AB
- Thales Group
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