Current Business Affairs Global Battlefield Management System Market 2018

Global Battlefield Management System Market Trends, Analysis, and
Forecast To 2025
Latest market study on “Battlefield Management System Market – Global Analysis and Forecast”, the Battlefield
Management System Market is projected to witness a significant growth propelled by advancements in technology
including alterations and new inventions in BMS to provide better safety by the commanders. Battle management
system is a system based on expert rules enabling users or commanders with wide-ranging battlefield view in regards to
automated recommendations, target analysis, and awareness of the condition for the target objects. The major drivers
bolstering the growth of BMS market are the need for reducing the risk related to friendly fire, protection of troops,
change in warfare, and interoperability. Further, the rising need to safeguard countries from rapidly mounting terrorist
activities requires reinforcement of military forces, which is another factor driving the growth of the market.
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The global battlefield management system market can be classified based on platform, system and region. On the basis
of platform, the global battlefield management system market is classified into headquarter, vehicle, and soldier.
Depending upon system, it is segmented into computing system, navigation and imaging system, communication and
networking system.
Currently, North American region is anticipated to dominate the market owing to substantial investments by the
government in defense institutional reforms. Also, frequent use of BMS in external operations by the US Army in nations
such as Syria, Afghanistan, and Iraq signifies its escalating demand in the North America defense, thus influencing the
BMS market during the coming years. However, factors such as high investments required in implementation of BMS is
the key restraint expected to hamper the market growth.
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Some of the major players operating in the global Battlefield Management System market includes Lockheed Martin
Corporation, SAAB AB, Thales Group, Systematic A/S, Leonardo S.p.A., and Raytheon Company among others.
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