Battlefield Management Systems Market 2021 |Emerging Growth Rate by Global Size, Industry Share, Price, Revenue, Market Dynamics, Latest Scope, Top Key Players with Forecast Analysis 2025

Battlefield Management Systems Market by Solution (Hardware, Software) Platform (Armored Vehicles, Headquarter, and Command Centers, Soldier Systems), System, Component, Installation Type, End-User, Region - Global Forecast to 2025

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Major players in the battlefield management systems market are Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Thales Group (France), Collins Aerospace (US), Leonardo SPA (Italy), BAE Systems (UK), Atos SE (France), Saab AB (Sweden), Aselsan (Turkey), Elbit Systems (Israel) and L3Harris Technologies (US).

“Increasing demand enhanced situational awareness during combat situations is expected to fuel the growth of the battlefield management systems market across the globe.”

The battlefield management systems market is projected to grow from USD 9.5 billion in 2020 to USD 11.8 billion by 2025, at a CAGR of 4.3% from 2020 to 2025. The increasing modernization of armed forces to increase command and conrol capabilities throughenhanced situational awareness is the key factor that is expected to fuel the growth of the battlefield management systems market. However, lack of expertise that restrain the adoption of battlefield management systems hurdle the growth of this market.

The battlefield management systems market includes major players Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Thales Group (France), Collins Aerospace (US), Leonardo SPA (Italy), BAE Systems (UK), Atos SE (France), Saab AB (Sweden), Aselsan (Turkey), Elbit Systems (Israel) and L3Harris Technologies (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East and the Rest of the World. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 could affect battlefield management systems by 5-10% globally in 2020.

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“The hardware segment of the market is projected to grow at the highest CAGR from 2020 to 2025.”

Based on solution, the hardware segment is projected to grow at the highest CAGR during the forecast period. The growth of the hardware segment is driven by the increasing demand for various components in a battlefield management system, such as, communication devices and computing devices among others, to improve operational efficiency.

“Based on system, the computing system segment is projected to lead the battlefield management systems market across the forecast period”

Based on system, the computing system segment is projected to lead during the forecast period. The demand for sophisticated computing system to support decision making process by several defense organizations is driving the computing system segment growth globally.

“The North American region is estimated to account for the largest share of the battlefield management systems market in 2020”

The battlefield management systems market in the North American region is expected to witness substantial growth during the forecast period, owing to the high adoption of modernization of armed forces across the region.

Research Coverage: This market study covers the battlefield management systems market across various segments and sub segments. It aims at estimating the size and growth potential of this market across different segments based on end user, platform, component, system, and region. This study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments undertaken by them, and key market strategies adopted by them.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
Figure 1 Market Segmentation
1.3.1 Regional Scope
1.3.2 Years Considered For The Study
1.4 Currency
Table 1 Usd Exchange Rates
1.5 Limitations
1.6 Market Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 2 Report Process Flow
Figure 3 Battlefield Management System Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown Of Primaries
Figure 4 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Market Definition & Scope
2.2.1 Segment Definitions
2.2.1.1 Battlefield Management System Market, By Platform
2.2.1.2 Battlefield Management System Market, By Solution
2.2.1.3 Battlefield Management System Market, By Component
2.2.1.4 Battlefield Management System Market, By System
2.2.1.5 Battlefield Management System Market, By Installation Type
2.2.1.6 Battlefield Management System Market, By End User
2.2.2 Inclusions & Exclusions
2.3 Market Size Estimation & Methodology
2.3.1 Bottom-Up Approach

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