Future trends of Battlefield Management Systems (BMS) Market

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MarketsandMarkets Presents

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

http//www.marketsandmarkets.com/Market-Reports/ba
ttlefield-management-systems-market-165590884.html
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• The "Battlefield Management Systems (BMS)
  Market by Platform (Land, Airborne, and Naval),
  by Application (Commander Systems, Dismounted
  Soldier Systems, Tracked and Armored Vehicles,
  Communication Network Systems and BMS Software) -
  Forecast Analysis 2014 - 2019" is estimated to
  be 12.6 billion by 2019. This report provides an
  in-depth analysis of drivers, challenges, and,
  restraints impacting the BMS industry.
• Browse more than 62 market data tables with 23
  figures spread through 150 pages and in-depth TOC
  on "Battlefield Management Systems Market by
  Platform (Land, Airborne, and Naval), by
  Application (Commander Systems, Dismounted
  Soldier Systems, Tracked and Armored Vehicles,
  Communication Network Systems and BMS Software) -
  Forecast Analysis 2014 - 2019"http//www.market
  sandmarkets.com/Market-Reports/battlefield-managem
  ent-systems-market-165590884.htmlEarly buyers
  will receive 10 customization of report.

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• The report tracks, analyses, and lays out the
  market size of the major defence spenders in each
  region and provides the BMS market size on the
  basis of platforms viz. land-based, naval, and
  air-borne. It also analyses the market size by
  application namely, commander system, dismounted
  soldier system, tracked and armoured vehicles,
  communication networked equipment, and BMS
  software.
• Land-based BMS has the highest CAGR across the
  three platforms and will account for 80.33 of
  the market size during the forecast period. There
  will be an increasing demand in command and
  control (C2), soldier modernization, and armoured
  vehicles.
• Companies such as General Dynamics, Northrop
  Grumman Corporation, Saab AB, and Lockheed Martin
  are the prime manufacturers of BMS. Apart from a
  general overview of the Battlefield Management
  systems manufacturers the report also provides
  details on their financial positions, product
  portfolio, key developments, and their SWOT
  analysis. BMS implements BFT (Blue Force
  Tracking) technology to track down the individual
  soldiers and IFF (Identification of friend or
  foe) technology to minimize friendly fire during
  combat. BMS manufacturers always tend to make the
  systems NATO compliant to be fully interoperable
  during any joint combat.

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• The shift towards asymmetric warfare including
  drone attacks etc is driving the BMS market.
  Hardware maintenance, modernization, and software
  up-gradation have played a significant role in
  winning Battlefield Management systems contracts
  across the defense industry. The austerity
  leading to defense budget cuts across the U.S.
  and Europe are said to continue for a while.
  Major BMS players from these two regions are now
  looking towards emerging economies to exploit
  business opportunities. Transitioning markets
  include most of the major emerging countries such
  as India, Saudi-Arabia, Brazil, and Japan.

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