Pune, Maharashtra Apr 24, 2020 (Issuewire.com) - According to the new research report published by The Insight Partners, titled "Battlefield management systems Market - Global Analysis and Forecast to 2027", the global battlefield management systems market is expected to reach US$ 26.24 Bn by 2027, registering a CAGR of 6.4% during the forecast period 2019-2027.
Modern warfare is constantly transmuting with the advent of new weaponry, communication technologies, and information generating technologies. With an objective to survive on the modern battlefield, the utilization of command, control, and communications (C3) is crucial. The army on the battlefield can improve its command, control, and communications by utilizing advanced technologies in the area of communications. Telecommunications and computers are reforming the whole society in ways that would certainly extend to the battlefield. The interactive effect of communications, as well as automation, would deeply alter the way commanders approach their decision-making duties. Battlefield management systems (BMS) is an electronic information collecting, processing, and distribution system capable of managing real-time data in a responsive manner. BMS optimizes the ability of decision-makers to swiftly process and distribute critical battlefield information with accuracy and reliability.
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The List of Companies - Battlefield Management Systems Market
- BAE SYSTEMS PLC
- Elbit Systems Ltd.
- General Dynamics Corporation
- Leonardo
- Raytheon Company
- Rheinmetall AG
- Rockwell Collins
- SaaB AB
- Thales Group
- L3HARRIES
The BMS is designed for use in headquarters and vehicles, as well as by soldiers during dismounted operations. In headquarters, the battle management systems deliver military commanders with effective decision support throughout the mission preparation, training, and execution. It collects data from field and external sources to supply it to military commanders at the headquarters. Additionally, military vehicles are a crucial source of information relay to dismounted soldiers on the ground. The information related to the battlefield relayed from headquarters is received by the BMS installed on vehicles in the battleground and is received by the soldiers. This enhances the alertness and prompt decision-making capability of both soldiers and vehicles.
Further, battle management systems enable troops on the ground to share critical tactical information. Modern battlefields demand significant situational awareness as battlefields are equipped with traceable and untraceable weaponries. Therefore, continuous information relay to soldiers is crucial. Map-based situational awareness streamlines fast and efficient action, keeping soldiers within the decision loop. Thus, the battlefield management system helps soldiers and military commanders in headquarters to benefit from precise real-time information, allowing them to make the right decisions at the right time.
Key points from Table of Content:
- Introduction
- Key Takeways
- Research Methodology
- Battlefield Management Systems Market Landscape
- Battlefield Management Systems Market - Key Market Dynamics
- Battlefield Management Systems Market - Global Market Analysis
- Battlefield Management Systems Market - Revenue And Forecasts To 2025 - Type
- Battlefield Management Systems Market - Revenue And Forecasts To 2025 - Technology
- Battlefield Management Systems Market - Revenue And Forecasts To 2025 - End-User
- Battlefield Management Systems Market Revenue And Forecasts To 2025 - Geographical Analysis
- Industry Landscape
- Battlefield Management Systems Market, Key Company Profiles
Scope of the study:
The research on the Battlefield Management Systems market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Battlefield Management Systems market on the basis of end-user, product type, application, and demography for the forecast period 2017–2025. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Battlefield Management Systems market.
Battlefield Management Systems Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
Major highlights of the report:
- All-inclusive evaluation of the parent market
- Evolution of significant market aspects
- Industry-wide investigation of market segments
- Assessment of market value and volume in past, present, and forecast years
- Evaluation of market share
- Study of niche industrial sectors
- Tactical approaches of market leaders
- Lucrative strategies to help companies strengthen their position in the market
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