Battlefield Management System Market Size was valued at USD 9.2 billion in 2022. The battlefield management system market industry is projected to grow from USD 9.6 Billion in 2023 to USD 12.93 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 16.26% during the forecast period (2023 - 2030). The need to reduce the possibility of friendly fire, the evolution of combat, the necessity to protect personnel, and the improvement of interoperability between multiple communication channels are the key market drivers enhancing the market growth. In addition, the market for battlefield management systems is expanding due to increased military troop security and efficiency.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Market CAGR for battlefield management systems is being driven by the increased spending of capital on military infrastructure. The army, navy, and air force's increased military spending is anticipated to drive the demand for battlefield management systems. The amount of money allocated for the upkeep of an armed force or other defense plans is known as a military spending plan or a country's defense budget. In recent years, increased military spending, R&D, and purchases of cutting-edge military gear like battlefield management systems have been seen due to rising regional tensions between various nations. Stockholm International Peace Research Institute estimates that military spending will reach $1,981 billion in 2020, an increase of 2.6% from 2019. The top five spenders in 2020—China, the United States, Russia, India, and the United Kingdom—accounted for 62% of all military expenditures worldwide. For the 26th consecutive year, China boosted its military spending as well. Thus, the development of battlefield management systems is influenced by rising military spending.
Any nation's decision on its battlefield management systems must consider improved system reliability. The integration of cutting-edge data distribution units assists in collecting and disseminating real-time situational intelligence across numerous defense platforms, including command centers and combat vehicles. Additionally, employing GPS tools to create a comprehensive battlefield image supplies vital data for mission planning and control. Research and development efforts are carried out to improve BMS's capabilities in offering secure communication and Weapons integration. For instance, General Dynamics created a power management system for TACLANE-FLEX in March 2020, enabling secure battlefield communication. The revised version gives users more control over communication device power consumption in tactical and strategic settings. Thus, driving the battlefield management system market revenue.
The  battlefield management system market segmentation, based on type, includes commander systems, dismounted soldier systems, communication network systems, and other systems. The commander systems would have the biggest market share in 2022. Increasing system reliability is a crucial consideration when nations select battlefield management systems. Real-time situational information may be gathered and disseminated to numerous command centers thanks to the integration of modern data distribution modules. Furthermore, utilizing GPS systems to provide a complete battlefield image offers essential information for mission planning and control.  However, in 2022, the communication BMS witnessed the fastest growth rate. This market's expansion can be ascribed to increased data networking device investment, popularity, and consumer demand for wireless communication devices like smartphones, broadband-enabled Televisions, tablets, etc. The quick uptake of cutting-edge technologies like fiber optic cables has been one major factor in the growth of this sector.
Figure1: Â Battlefield Management System Market, by Type, 2022 & 2030 (USD billion)
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
The battlefield management system market segmentation, based on distribution channels, includes the army, air force, and navy. In 2022, the navy sector was the major user of the technology. Military maritime assets are now at greater risk due to the expansion of territorial wars and border disputes, raising the importance placed on maritime surveillance, threat detection, and target identification. Many modernization efforts are underway to enhance the capabilities of the regional naval forces to guarantee the combat readiness of the existing naval systems.
For Instance, July 2021 The Brazilian Navy's Tamandaré-class frigates, scheduled to enter service in 2026 and will be built by the end of 2022, are outfitted with Atlas Elektronik's ANCS combat management system. The ANCS CMS will provide data fusion and interface for the coordinated use of sensors, weapon systems, and other systems.
Additionally, the army segment is anticipated to develop at the highest CAGR throughout the forecast period. This market is anticipated to develop as battlefield management systems are used more frequently for real-time intelligence distribution.
By Region, the report provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American battlefield management area will dominate this market. Since there are many producers of battlefield management systems in North America, the region is expected to dominate the market for these systems during the projected period. Also, several well-known companies in North America are concentrating on creating cutting-edge battlefield management systems, which are anticipated to expand the region's market throughout the forecast period.
Further, the leading countries studied in the market report are U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: Â BATTLEFIELD MANAGEMENT SYSTEM MARKET SHARE BY REGION 2022 (%)
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Europe’s battlefield management system market accounts for the second-largest market share. The strategic consequences and risks of autonomy and the nation's thirst for power or the AI race are blamed for Russia's creation of weaponized AI. The modernization of technology with artificial intelligence has been regarded as one of the key areas for the future of defense policy. Further, the German battlefield management system market held the largest market share, and the UK battlefield management system market was the fastest-growing market in the European region.
The Asia-Pacific Battlefield Management System Market is expected to grow at the fastest CAGR from 2023 to 2030 due to the region's countries' strong emphasis on developing battlefield management capacities. For instance, China is enhancing its battle management and command and control capabilities, accounting for USD 293 billion in military spending in 2021. China intends to improve the combined command and control system's capabilities for the PLA in the upcoming years. Moreover, China’s battlefield management system market held the largest market share, and the Indian battlefield management system market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the battlefield management system market grow even more. Market participants are also undertaking various strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the battlefield management system industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the  battlefield management system industry to benefit clients and increase the market sector. In recent years, the battlefield management system industry has offered some of the most significant medical advantages. Major market players in the battlefield management system market, including Raytheon Company (US), Thales Group (France), Rolta India Limited (India), Collins Aerospace (US), and others, are attempting to increase market demand by investing in research and development operations.
Indra is a multinational technology and consulting firm that serves as a technological partner for its customers' essential business operations worldwide. It is a  pioneer in offering specialized proprietary solutions for the transportation and defense industries, and through its affiliate Minsait, it is the market leader in digital transformation consulting and information technologies in Spain and Latin America. The company makes money across the Americas, Europe, Africa, the Middle East, and Asia-Pacific. In July 2021, Indra and Thales declared that the new release of their Battlefield Management System was now complete (BMS). The BMS System offers comprehensive situational awareness, improving military coordination, security, and mission effectiveness.
Saab is a Swedish defense and security business that was formed in 1937. With operations on every continent, Saab is always developing, adapting, and improving new technologies to meet the changing needs of its clients. Saab delivers diverse cutting-edge technology and solutions to India, spanning the air, ground, naval, and civil domains. The defense sector accounts for more than three-quarters of its sales. The company sells to various geographic regions, although Europe accounts for more than half of its revenues. In February 2020, Saab AB entered into an arrangement with the Australian Department of Defence and provided the Royal Australian Navy with its battlefield management system. Saab AB also modernized 9LV CMS, its naval combat management system.
Battlefield Management System Industry Developments
For Instance March 2020 BAE Systems, a British multinational weapons, security, and aerospace corporation in London, paid $275 million to Raytheon Technologies Corporation for Collins Aerospace's military GPS division. The acquisition will allow BAE Systems to add broad-spectrum, multi-band, multi-channel radios with strong anti-jamming and encryption capabilities to its battlefield management system portfolio.
For Instance May 2020 General Dynamics created a TACLANE-FLEX power management technology that allows for secure communication across the battlefield. The upgraded version gives you more control over the power usage of your communication device in tactical and strategic circumstances. Release 4.2v3 of the software upgrade gives warfighters in both tactical and strategic contexts more control over their device's power consumption, resulting in enhanced power efficiency, lower operating and touch temperatures, and lower lifecycle costs.
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)