Technology

Battlefield Management Systems Market to grow by USD 2.1 Billion from 2024-2028, driven by digitization and AI’s impact on market trends – Technavio Report

Published

4 months ago

September 2, 2024

NEW YORK, Sept. 2, 2024 /PRNewswire/ — Report on how AI is redefining market landscape- The global battlefield management systems market size is estimated to grow by USD 2.10 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 3.62% during the forecast period. Ongoing digitization of battlefield operations is driving market growth, with a trend towards increasing penetration of ai in defense applications. However, cost and budget constraints associated with battlefield management systems poses a challenge. Key market players include ASELSAN AS, Atos SE, BAE Systems Plc, Cobham Ltd., Elbit Systems Ltd., General Atomics, General Dynamics Corp., Honeywell International Inc., Kratos Defense and Security Solutions Inc., L3Harris Technologies Inc., Leidos Holdings Inc., Leonardo DRS Inc., Lockheed Martin Corp., Northrop Grumman Corp., RTX Corp., Saab AB, Science Applications International Corp. Inc, Teledyne Technologies Inc., Thales Group, and The Boeing Co..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Battlefield Management Systems Market Scope

Report Coverage

Details

Base year

2023

Historic period

–

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 3.62%

Market growth 2024-2028

USD 2105.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.48

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 39%

Key countries

US, China, UK, India, and Russia

Key companies profiled

ASELSAN AS, Atos SE, BAE Systems Plc, Cobham Ltd., Elbit Systems Ltd., General Atomics, General Dynamics Corp., Honeywell International Inc., Kratos Defense and Security Solutions Inc., L3Harris Technologies Inc., Leidos Holdings Inc., Leonardo DRS Inc., Lockheed Martin Corp., Northrop Grumman Corp., RTX Corp., Saab AB, Science Applications International Corp. Inc, Teledyne Technologies Inc., Thales Group, and The Boeing Co.

Market Driver

The Battlefield Management System (BMS) market is a significant segment of the defense industry. BMS enables real-time command and control of military forces in the field. It integrates data from various sources, providing situational awareness to military commanders. The system enhances communication and coordination among troops, improving operational efficiency and effectiveness. Major players in the market include Thales Group, Raytheon Technologies, and Elbit Systems. The market is expected to grow due to increasing military modernization efforts and rising geopolitical tensions.

The Battlefield Management System (BMS) market is experiencing significant growth due to the integration of advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML) for enhanced situational awareness. The Internet of Things (IoT) is also playing a crucial role in connecting various devices and systems for real-time data sharing. Unmanned systems including drones, unmanned ground vehicles, and unmanned underwater vehicles are increasingly being used for reconnaissance and surveillance. Interoperability is key to ensuring seamless communication between different military branches – Army, Air Force, and Navy – during air, naval, and military operations. Asymmetrical threats from terrorism, insurgency, and cyber attacks necessitate the need for advanced defense capabilities. BMS is essential for sensor processing, video management systems, network routers, and power management in combat ground vehicles. GPS tools and handheld sensors, including electro optic sensors and radars, are also integral components of modern BMS. Military modernization programs continue to drive demand for advanced BMS solutions.

Explore a 360° Analysis of the Market: Unveil the Impact of AI. For complete insights- Request Sample!

Market Challenges

The Battlefield Management System (BMS) market is a significant segment in the defense industry. BMS enables effective command and control of military forces in real-time. It integrates various systems like communication, navigation, intelligence, and weapon systems. BMS enhances situational awareness, facilitates coordinated responses, and improves overall battlefield management. Major defense organizations worldwide invest in advanced BMS to ensure operational superiority.Battlefield Management Systems (BMS) play a crucial role in modern military operations, integrating data from various sensors, communication networks, and platforms for effective decision-making. However, implementing BMS faces challenges from military modernization programs and the need for interoperability between air, naval, and military operations. Sensor processing, video management systems, network routers, and power management systems are essential components. Defense capabilities rely on GPS tools, hardware, computing systems, and software. Geopolitical tensions and defense-related expenditure drive market growth. Challenges include integrating handheld sensors, electro-optic sensors, radars, communication technology infrastructure, and big data in efficient data centers. Risks include communication failures, mission effectiveness, and military personnel training. Network-centric warfare requires common operational pictures, mission effectiveness, and real-time data management tools. Government bodies and defense systems must address these challenges to enhance warfare capabilities using BMS.

For more insights on driver and challenges – Request a sample report!

Segment Overview

This battlefield management systems market report extensively covers market segmentation by

Type 1.1 Communication network system1.2 Tracker and armored vehicles1.3 Dismounted soldier tracking1.4 Commander systems and BMS SoftwareEnd-user 2.1 Army2.2 Airforce2.3 NavyGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Communication network system- Modern battlefield management systems enable effective communication and coordination among combat units through specialized radios and integrated navigation, observation, and orientation devices. These technologies facilitate efficient operations by providing situational awareness and digital information to defense units. New communication technologies, such as satellite communication (SATCOM), very high-frequency communication, and ultra-high-frequency communication, are replacing traditional cable systems for secure data transmission. The emerging Ka-band technology offers high bandwidth for long-distance, high-speed data transmission, making wireless communication a popular choice for ground command and control systems, military combat missions, situational awareness, and routine military operations. The demand for advanced war room management systems, aerial surveillance vehicles, and improved communication systems will fuel the growth of the C4ISR market during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

Battlefield Management Systems (BMS) are advanced technology solutions designed to enhance military operations by integrating sensor data, communication networks, and computing systems. These systems enable real-time situational awareness, facilitating modern warfare strategies such as network-centric warfare and common operational pictures. BMS are essential for military modernization programs, supporting air and naval operations with sensor processing, video management systems, network routers, and computer hardware devices. Additionally, BMS incorporate computer software, display devices, imaging devices, night vision devices, tracking devices, and wired communication devices to provide a comprehensive battlefield situation. Government bodies play a crucial role in the development and implementation of these systems to ensure effective and efficient military operations.

Market Research Overview

Battlefield Management Systems (BMS) are advanced technology solutions designed to enhance military operations by integrating various sensors, communication networks, and data management tools. These systems enable a common operational picture, facilitating efficient command and control of air, naval, and military ground forces. BMS plays a crucial role in military modernization programs by integrating sensors such as electro optic sensors, radars, and handheld sensors, along with communication technology infrastructure, GPS tools, and power management systems. The hardware segment, including computing systems, computer hardware devices, and display devices, forms the backbone of BMS. The software segment comprises video management systems, sensor processing, and data management tools. The market is driven by geopolitical tensions, defense-related expenditure, and the need for network-centric warfare. Modern battle strategies rely on battlefield sensors, communication networks, and data management tools to ensure mission effectiveness. Risks such as asymmetrical threats, terrorism, insurgency, cyber attacks, and border security are addressed through the integration of artificial intelligence, machine learning, Internet of Things, unmanned systems, drones, and unmanned underwater vehicles. Interoperability between defense systems is essential, and government bodies play a vital role in implementing and regulating these technologies. Military personnel benefit from BMS through improved communication, situational awareness, and mission planning capabilities. The Army, Air Force, and Navy all utilize BMS to enhance their defense capabilities and respond to modern warfare challenges. The integration of wired and wireless communication devices, night vision devices, tracking devices, and imaging devices further enhances the functionality of these systems.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeCommunication Network SystemTracker And Armored VehiclesDismounted Soldier TrackingCommander Systems And BMS SoftwareEnd-userArmyAirforceNavyGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/battlefield-management-systems-market-to-grow-by-usd-2-1-billion-from-2024-2028–driven-by-digitization-and-ais-impact-on-market-trends—technavio-report-302235986.html

SOURCE Technavio

Technology

ZT Mining Pioneers Innovative Solutions in the Cloud Mining Industry

Published

5 hours ago

December 28, 2024

ZT Mining launches user-friendly cloud mining services with free options, renewable energy integration, and educational resources, promoting sustainable cryptocurrency mining.

READING, England, Dec. 28, 2024 /PRNewswire-PRWeb/ — As the cryptocurrency industry grows, the demand for accessible and efficient mining solutions has never been higher. ZT Mining, a leading innovator in cloud mining, announces a new range of services designed to democratize access to cryptocurrency mining while addressing environmental concerns.

free cloud mining site, best cloud mining, crypto mining

Cloud Mining Made Simple

ZT Mining provides a platform for users to mine Bitcoin and other cryptocurrencies without the need for specialized hardware or technical expertise. By simplifying the process, the company caters to a broad audience, from crypto enthusiasts to first-time investors. Its streamlined registration and user-friendly interface allow participants to start mining in minutes.

Free Cloud Mining Option for Starters

The platform introduces free cloud mining opportunities, enabling users to begin their mining journey without upfront costs. This initiative lowers barriers to entry, making it easier for individuals to explore the cryptocurrency space.

Sustainability at the Core

Recognizing the environmental impact of traditional mining, ZT Mining incorporates renewable energy into its operations. By leveraging green energy sources, the company reduces its carbon footprint, aligning with global sustainability goals.

A Trusted Name in Cloud Mining

ZT Mining emphasizes transparency and reliability. Contracts come with clear terms, competitive rates, and no hidden fees. The platform also offers robust security measures, ensuring user data and funds remain protected.

Empowering Users Through Education

To support informed decision-making, ZT Mining provides educational resources on cryptocurrency and cloud mining. Users can access guides and insights to better understand mining profitability and industry trends.

Industry Recognition

ZT Mining’s innovative approach has positioned it as one of the best cloud mining platforms in the industry. With endorsements from leading crypto analysts and positive user feedback, the company is quickly becoming a trusted name for mining solutions.

Looking Ahead

ZT Mining continues to innovate, aiming to provide even more opportunities for users to benefit from cloud mining. With plans to expand its renewable energy partnerships and introduce advanced mining algorithms, the company is setting the standard for sustainable and user-friendly cryptocurrency mining.

For more information, visit ZT Mining’s official website.

Media Contact

Nancy Delia, ZT CLOUD SERVICES LIMITED, 44 7301463290, nancy.delia@ztmining.com, https://ztmining.com

View original content to download multimedia:https://www.prweb.com/releases/zt-mining-pioneers-innovative-solutions-in-the-cloud-mining-industry-302339664.html

SOURCE ZT CLOUD SERVICES LIMITED

Technology

UBHOME Collaborates with Qualcomm to Release the Smart Lawn Mower, Co-Creating a New Era of Smart Life

Published

10 hours ago

December 28, 2024

The 2025 CES in the United States is about to unveil a brand-new chapter in the future intelligent home gardening

LAS VEGAS, Dec. 28, 2024 /PRNewswire/ — UBHOME, a sub-brand of UBTECH Robotics, announced an intelligent service robot in collaboration with Qualcomm Technologies, Inc. The Robotic Mower M10 is a revolutionary smart lawn mower announced at the 2025 International Consumer Electronics Show (CES) in the United States. This product is powered by the Qualcomm® RB1 Robotics Platform, showcases UBHOME’s rich experience in robot research and development, and focuses on solving the pain points of traditional lawn-mowing equipment, providing users with a worry-free and labor-saving smart gardening experience, and creates a new model of gardening intelligence.

User-Oriented: The All-New Convenience Brought by the Smart Lawn Mower to Life

The Robotic Mower M10 is not only a high performance tool but also an upgrade of the smart lifestyle. In response to the pain points of users when using traditional lawn-mowing equipment, this product offers a series of practical functions, bringing brand-new convenience to home gardening:

Wireless and Borderless Mowing: There is no need for cumbersome boundary wire installation anymore. The device relies on accurate environmental perception and navigation technology to independently plan the work area, allowing users to use it right out of the box, saving installation time and energy.

Automatic Mowing, Saving Time and Effort: The device can automatically complete the lawn mowing work according to the preset schedule or real-time instructions, enabling users to manage the lawn care through delegation to the mower.

Wide Coverage and Stable Signal: It supports a large-scale signal connection of up to 130,000 square meters. Even for extremely large courtyards, stable operation can be ensured, and there is no need to worry about signal loss.

Real-time Online, in-control Anytime: Through APP remote control and real-time monitoring, users can adjust the mowing plan or check the device status at any time, managing the courtyard work as they like.

The combination of these functions not only greatly simplifies the complexity of mowing work but also liberates users from repetitive physical labor, allowing them to focus on enjoying the wonderful moments of life.

UBHOME: In-depth Layout in Smart Home

UBHOME is a brand under UBTECH Robotics that focuses on providing smart solutions for families. As a world-leading robot enterprise, UBTECH, with its strong R&D strength and technological accumulation, has successfully launched Walker, China’s first commercial bipedal human-sized humanoid robot. The launch of the Robotic Mower M10 by UBHOME this time is an important step in its layout in the smart home field.

Relying on UBTECH’s technological accumulation in robots and its in-depth understanding of user needs, the Robotic Mower M10 achieves the best mowing effect through environmental recognition and dynamic adjustment. Whether it is complex terrain, steep slopes, or high requirements for fine mowing, it can perform perfectly, demonstrating its excellent technical capabilities and brand commitment.

As a global leader in wireless technology and edge intelligence, Qualcomm Technologies provides cutting-edge technical support for the Robotic Mower M10, including intelligent edge computing platforms, dynamic path planning, and environmental perception technologies. These technologies ensure that the device can operate efficiently in various environments, providing users with a precise and efficient smart experience. The Robotic Mower M10 utilizes the Qualcomm RB1 Robotics Platform to ensure the superior operation of the Robotic Mower M10 in large-scale courtyards, laying a solid foundation for realizing smart life.

Industry Significance and Trend: Promoting the Development of Gardening Intelligence

With the continuous increase in the demand for home intelligence, the market for smart gardening equipment is in a period of rapid development. As a typical representative of this trend, the smart lawn mower not only meets consumers’ pursuit of a convenient lifestyle but also provides a direction for the transformation of the gardening industry from tool manufacturing to smart services.

The product released by UBHOME not only fills the gap in the high-performance lawn-mowing equipment market but also sets a new industry benchmark. Through the multiple advantages of wireless, real-time connection, and fully automated operation, it endows home gardening with new value, making users no longer regard mowing as a burden but feel the convenience and fun brought by technology.

Innovation Hand in Hand, Co-creating Smart Life

The collaboration between UBHOME and Qualcomm Technologies showcases a strong collaboration of technology and innovation. Both parties are committed to bringing more convenient and efficient life experiences to consumers through technological innovation.

At the 2025 CES, UBHOME and Qualcomm Technologies will showcase the innovative functions and application scenarios of this Robotic Mower M10.

About UBHOME

UBHOME is a brand under UBTECH Robotics, focusing on providing smart solutions for families. UBTECH is a world-leading robot enterprise dedicated to the research and development and application of artificial intelligence and robot technology and has successfully served more than 900 enterprise-level customers in more than 50 countries around the world.

Media Contact Information
For more information, please contact:
UBHOME Brand Team: mbu-sales@ubtrobot.com

Qualcomm is a trademark or registered trademark of Qualcomm Incorporated. Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ubhome-collaborates-with-qualcomm-to-release-the-smart-lawn-mower-co-creating-a-new-era-of-smart-life-302339211.html

SOURCE UBTECH ROBOTICS CORP LTD

Technology

Global Launch of JETOUR T2 i-DM: Reshaping the Hybrid SUV Market

Published

10 hours ago

December 28, 2024

DOHA, Qatar, Dec. 28, 2024 /PRNewswire/ — On December 25, 2024, the First JETOUR Fan’s Festival and the Launch of T2 i-DM was held in Qatar, themed “Think Future”. During the event, JETOUR launched its user brand “Traveler” in the Middle East and its first hybrid model, JETOUR T2 i-DM. The launch event highlights JETOUR’s commitment to exploring sustainable travel modes and ambition to become the “The World’s Leading Brand in Hybrid Off-road Vehicles” under the “Travel+” strategy.

JETOUR T2 i-DM not only inherits the strengths of T2 series, but also achieves high energy efficiency, high performance, high safety, and high intelligence with its advanced hybrid technology, i-DM. With a maximum combined power of 280kW and torque of 610N•m, T2 i-DM boasts a NEDC pure electric range of 139km and an overall range exceeding 1,000km at just 0.8L/100km, addressing range anxiety and promoting green travel.

Mr. Dai Lihong, executive vice president of JETOUR Auto, emphasized technology’s role in producing world-class products. The launch also introduced “Traveler”, enriching user experience through diverse products and superior performance. This year, JETOUR has ranked third in sales across the Qatari auto market. The Fan’s Festival invited user representatives from across the Middle East to witness the unveiling of “Traveler”, experiencing “Travel+” culture through city tours and co-creation workshops.

JETOUR prioritizes users, listening to their needs and co-creating products, brand, and lifestyle. Through “Traveler,” JETOUR aims to provide richer travel experiences and benefits globally, leveraging the platform to spread the “Travel+” culture worldwide. Mr. Alex Tan, Vice President of JETOUR International, said, “Serving ‘JETOUR users’ and being ‘a user-oriented JETOUR’ are JETOUR’s development philosophy. JETOUR will continue to build a travel community centered around users, cars, and lifestyles, sharing the joy of traveling together with users.”

JETOUR also partnered with Diamond League to promote athletics in Qatar and the Middle East, embodying JETOUR Speed and the brand’s image of breakthroughs and innovations. With T2 selling over 150,000 units globally, T2 i-DM will continue its success to meet customers’ needs and reshape the hybrid SUV market.

The launch of T2 i-DM marks JETOUR’s new journey towards “the World’s Leading Brand in Hybrid Off-road Vehicles.” JETOUR plans to introduce more hybrid and off-road models, providing customers with eco-friendly and diversified travel choices. With its innovative spirit and user-oriented philosophy, JETOUR will lead the global automotive industry towards a more sustainable and smarter future.

SOURCE JETOUR AUTO