Dublin, Feb. 28, 2023 (GLOBE NEWSWIRE) -- The "Battlefield Management System (BMS) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Battlefield Management System (BMS) estimated at US$9.6 Billion in the year 2022, is projected to reach a revised size of US$12.7 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030.
Armored Vehicles, one of the segments analyzed in the report, is projected to record a 3.4% CAGR and reach US$5.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Soldier Systems segment is readjusted to a revised 3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 3.4% CAGR
The Battlefield Management System (BMS) market in the U.S. is estimated at US$2.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2030 trailing a CAGR of 3.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
Select Competitors (Total 47 Featured) -
- BAE Systems PLC
- General Dynamics Corporation
- Harris Corporation
- Leonardo SpA
- Raytheon Company
- Rockwell Collins, Inc.
- SAAB AB
- Thales Group
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Report Metrics:
| Report Attribute | Details |
| No. of Pages | 247 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $9.6 Billion |
| Forecasted Market Value (USD) by 2030 | $12.7 Billion |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Introduction
- Global Aerospace and Defense Spending Outlook
- Global Defense Spending Projections by Region (in US$ Billion): 2010-2024
- Global Defense Spending Projections by Region (in US$ Billion): 2010-2024
- Battlefield Management System (BMS) - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- C2BMC Technology Gains Momentum
- Rise in Use of VR in Battlefield Systems
- WinBMS Marks New Advancement in BMS
- Industry Witnesses Rise in Research and Development Activities
- Companies Increasingly Explore AI Technology in BMS
- Review of Recent Technology Advancements
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/ybz459
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