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Battlefield Management Systems (BMS) Market worth $12.6 Billion by 2019

According to the new report "Battlefield Management Systems Market (Land, Airborne and Naval Platforms, Commander Systems, Dismounted Soldier Systems, Tracked and Armored Vehicles, Communication Network Systems and BMS Software) - Forecast & Analysis 2014-2019",, Battlefield Management systems (BMS) market is estimated to be $10.36 Billion in 2014, and is expected to register a CAGR of 4.0% to reach $12.6 Billion in 2019.

Browse more than 62 market data tables with 23 figures spread through 150 pages and in-depth TOC on "Battlefield Management Systems Market"

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This report provides a market analysis of the global Battlefield Management Systems (BMS) Market over the next five years. It provides an in-depth analysis of drivers, challenges, and restraints impacting the BMS industry. The report tracks, analyzes, and lays out the market size of the major defense spenders in each region, and provides the BMS market share on the basis of platforms viz. land-based, naval, and air-borne. It also analyzes the market-share by applications namely, commander system, dismounted soldier system, tracked, and armored vehicles, communication networked equipment, and BMS softwares. It provides information about the leading competitors in the global BMS market, and apart from a general overview of the companies; it also provides details on their financial positions, key products, and services, key developments, and their SWOT analysis. This research report also segments the market on the basis of country, forecasting revenues, and market shares in each of the sub-sectors.

The main purpose of a battlefield management system (BMS) is to ensure the survivality of the troops across all platforms, land, naval, and airborne. BMS requires a seamless integration, and flow of real-time data across all platforms to gain a competitive edge in warfares. A typical BMS can perform command, and control applications in a tactical battlefield arena ensuring effective decision-making by the commanders.

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The system will provide a common operating picture, and situational awareness to all entities in the tactical battlefield arena networked with secure, robust, and reliable communication system that supports voice, data, and real time video services.

With respect to platforms, land-based BMS captures majority of the market with 80.33% followed by the airborne, and naval platforms. Land-based systems will have the highest CAGR across all platforms.The typical lifecycle of a BMS is 10-15 years, and software, and hardware upgrades take place midlife. The research, and development process generally consumes around 3-4 years.

The soldier modernization technologies, and developments of light-armored vehicles are dynamically pushing the BMS market along with military software developments for a seamless net-centric environment where, soldiers will have access to real-time battlefield data.

The shift towards asymmetric warfare will be the driving factor for the global Battlefield Management Systems Market.Hardware maintenance, and modernization, and software upgradation have played significant role in winning BMS contracts across the defense industry. The austerity leading to defense budget cuts across U.S., and Europe are said to continue for a while, and the major BMS players from these two regions are now looking towards emerging economies. Transitioning markets include most of the major emerging countries like India, Saudi-Arabia, Brazil, and Japan.

The global BMS market is estimated to be $10.36 billion in 2014, and is expected to register a CAGR of 4.0% to reach $12.6 billion in 2019. The growth regions will be in the Middle-East, Asia-Pacific, and Africa. China, India, and Saudi-Arabia will show consistent level of growth in the BMS industry.

U.S. will pull out on important BMS project spending due to the existing uncertainties hovering over the defense budget expenditures in the developed economies.

BMS will be a priority to come up in a few developing countries of the world while, the developed nations will focus more into the maintenance and the up gradation of these systems. Efficient battlefield management systems keep soldiers safe with real-time tactical information, and will play a key role in combating asymmetric warfare.

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Intelligent software deployed into a BMS is critically important to ensure effective planning, and decision-making by the commanders in a battlefield.

Land based BMS systems will have the highest CAGR across the three platforms, and will account for 80.33% of the market share during the forecast period. There will be an increasing demand in command and control (C2), soldier modernization, and armored vehicles.

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