CHICAGO, Jan. 19, 2021 /PRNewswire/ -- According to the new market research report "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", published by MarketsandMarkets™, the 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. Some of the factors that are expected to fuel the growth of the battlefield management systems market include the increasing demand for enhanced situational awareness and rising budget allocations for military modernization programs.
Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=165590884
Based on solution, the hardware segment is projected to grow at the highest CAGR during the forecast period.
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 grow at the highest CAGR during forecast period.
Based on system, the computing system segment is projected to grow at the highest CAGR during 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.
Based on platform, the headquarter & command centers segment is projected to grow at the highest CAGR during forecast period.
Based on platform, the headquarter & command centers segment is projected to grow at the highest CAGR during forecast period. The growing demand for effective software modules to manage various functions of headquarter and command centers during real-world combat situations is projected to drive the growth of this segment.
Based on end user, the army segment is projected to grow at the highest CAGR during forecast period.
Based on end user, the army segment is projected to grow at the highest CAGR during forecast period. Increasing use of battlefield management systems for real-time intelligence distribution is projected to drive the growth of this segment.
Browse in-depth TOC on "Battlefield Management Systems Market"
290 – Tables
57 – Figures
278 – Pages
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=165590884
The Battlefield Management Systems Market in Asia Pacific is projected to grow at the highest CAGR from 2020 to 2025.
The Asia Pacific battlefield management systems market is projected to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific battlefield management systems market is primarily driven by increasing focus on modernization of existing military systems by major economies in this region. In addition, factors including increasing geopolitical tensions and increased defense related expenditure are expected to drive the demand for battlefield management systems in the region.
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).
Related Reports:
Command and Control Systems Market by Application (Government & Defense, and Commercial), Solution (Hardware, Software, Services), Platform (Land, Airborne, Maritime, and Space), Installation Type, Installation Base, and Region–Global Forecast to 2025
C4ISR Market by Application (Communication, Command & Control, Computers, Intelligence, Surveillance & Reconnaissance, and Electronic Warfare), Platform (Land, Naval, Airborne, and Space), Solution, End User, and Region - Global Forecast to 2022
About MarketsandMarkets™
MarketsandMarkets™ 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™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets' flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight : https://www.marketsandmarkets.com/ResearchInsight/battlefield-management-systems-market.asp
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source : https://www.marketsandmarkets.com/PressReleases/battlefield-management-systems.asp
SOURCE MarketsandMarkets
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO52480&Transmission_Id=202101190630PR_NEWS_USPR_____IO52480&DateId=20210119)
Share this article