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Key Developments in Battlefield Management Systems

01-31-2020 07:52 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

The battlefield management system market is projected to grow from USD 13.25 billion in 2016 to USD 17.14 billion by 2021, at a CAGR of 5.28% from 2016 to 2021.

https://www.marketsandmarkets.com/Market-Reports/battlefield-management-systems-market-165590884.html

Need for enhanced situational awareness
Situational awareness helps to identify, process, and comprehend critical elements of information regarding the activity of the team specific to a battlefield. It is important for correlating enemy movements and hidden information to take strategic initiatives. Situational intelligence becomes vital when it comes to complex operational environments. Situational awareness allows a soldier to keep track of his fellowmen while fighting on the battlefield.

Presently, the nature of challenges faced by defense forces has changed significantly. Due to the highly networked, digital, and data-intensive battlespace, situational awareness has become critical to ensure personnel security and battle success. Battlefield management systems provide the true picture of the battlefield, thereby aiding in intelligent decision making by commanders as well as soldiers. Tracking and imaging devices employed in BMS enable command headquarters to obtain live situational awareness of the battlefield.

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Hence, defense forces across the globe are modernizing their forces to incorporate situational awareness and analysis-based critical decisions. Battlefield management systems have been instrumental in realizing situational awareness-based warfare and have revolutionized the way battles are fought. A battlefield management system is platform-independent of critical command and control systems used to manage battlefields. It enhances situational awareness capabilities while ensuring the availability of information and interaction of all personnel and vehicles on a battlefield.

High cost involved in implementation of battlefield management systems
Battlefield management systems are vital in modern warfare. However, huge cost is involved in the implementation of such functionality into the defense capabilities of a nation. Being a recent concept, huge capital is required for its R&D. Moreover, manufacturing of battlefield management system components is limited to only a few companies across the globe, which adds intellectual property cost to the final product cost.

Furthermore, there has been a decline in the defense expenditure of the U.S. by 2.5% since 2010, one of the top BMS markets. Similarly, there has been a decline in the defense spending of European nations, including the U.K., Germany, France, and Italy. This has had a negative impact on R&D and has influenced against the widespread adoption of battlefield management systems.

In addition, China, the top defense spender in the APAC region, has restricted the entry of defense companies of the West. This has further restrained the market for battlefield management systems.
What opportunities will increased focus on military modernization present to the battlefield management system market?

There has been a strategic shift in defense expenditure patterns. Countries across the globe are increasingly focusing on military modernization and empowerment at the soldier level. The penetration of information technology in the battlespace is creating opportunities for the defense industry in the West to find newer markets in the rapidly developing Middle East and South Asian economies. Particular in the list are countries such as India, China, Indonesia, and the UAE, which are spending more and more on modernizing their armies.

What challenges in communication technology infrastructure does the battlefield management system market face?
The success of battlefield management systems relies heavily on the core communication and information dissemination infrastructure. This system involves networking of data and information at various levels within the hierarchy, from soldier level to the headquarter level. As such, the underlying communication technology forms the backbone of battlefield management systems. This infrastructure constitutes the major challenge in developing countries due to its cost. Furthermore, the ever-changing and advancing communication framework add to the implementation cost. In addition, manufacturers of military standard communication devices largely are based in the West, which adds to the intellectual property cost.

Mr. Shelly Singh
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
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USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

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