ReleaseWire

Battlefield Management System (BMS) Market to Reach Billion USD by 2022

Battlefield Management System (BMS) Market, by Platform (Headquarter, Vehicle, Soldier), System (Computing System, Navigation and Imaging System, Communication and Networking System) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

Posted: Wednesday, June 28, 2017 at 9:30 AM CDT

Chicago, IL -- (SBWire) -- 06/28/2017 --Battlefield management systems provide accurate real-time information to military unit for effective decision making. These systems integrate information acquisition and processing to improve control and command of a military unit. Battlefield management systems (BMS) enable absolute situational awareness by efficiently displaying vital data to the field commander. This system offer integrated COP (common operating picture) with the help of collaborative planning tools. This helps tactical commanders to take knowledge based and responsive decisions and implement highly efficient control over operations in fluid and dynamic battlefield.

The report on the global Battlefield management system (BMS) market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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North America led the battlefield management system market in the near future. The North America battlefield management system market has been studied for the U.S. and Canada. Significant investments in research and development of battlefield management systems for armies and special operations, increasing demand for advanced communication systems to replace legacy equipment in the warzone, and demand for blue force tracking are some of the factors that are expected to drive the battlefield management system market in the region. The U.S. is expected to contribute majorly to the growth of the battlefield management system market in North America. This growth can be attributed to the ongoing technological advancements in the country.

KEY MARKET PLAYERS

Key players in the battlefield management system (BMS) market include:

1. Saab AB
2. Rockwell Collins, Inc.
3. Harris Corporation
4. BAE Systems PLC
5. Rolta India Limited
6. Leonardo S.P.A.
7. Thales Group
8. Raytheon Company
9. Elbit Systems Ltd.
10. General Dynamics Corporation

Browse Report: https://www.scalarmarketresearch.com/market-reports/battlefield-management-system-bms-market

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