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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

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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..

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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. 

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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.

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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/

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SOURCE Technavio

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On World Cleanup Day 2024, VIAIM’s Newly Launched Service Upgrade Provides Added Multilingual Support and Commitment to Environmental Goals, Helping to Shape a More Sustainable Future

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SINGAPORE, Sept. 20, 2024 /PRNewswire/ — VIAIM,  an AI technology hardware company deeply rooted in the smart office sector, is marking the inaugural World Cleanup Day 2024, which falls on September 20, with the official launch of a service package upgrade, reinforcing its dedication to both innovation and environmental responsibility.

This upgrade introduces Malay and Thai language support, expanding the total number of supported languages from 11 to 13. With these additions, VIAIM is taking another step towards making seamless cross-cultural communication more accessible, especially for users across Southeast Asia. At the same time, the Company continues to align its operations with sustainability efforts, lowering the usage threshold for customers and offering environmentally friendly solutions that contribute to a greener planet.

As part of VIAIM’s latest service package upgrade, users enjoy enhanced features designed to make their work and daily lives more efficient. These include free transcription and translation time, along with increased access to To-do List and Summary functions, providing customers with more comprehensive functionality at no additional cost.

These upgrades not only reflect the brand’s core philosophy of “user-first”, but also emphasize VIAIM’s commitment to continuously enhancing user experiences. Now, users can manage tasks more effectively, saving time and reducing the need for additional services, making their workflow more streamlined and productive.

Beyond product and service innovations, VIAIM remains committed to its environmental goals, aligning with global best practices in environmental, social, and governance (ESG) initiatives. VIAIM believes that, just as its users seek to improve their daily lives through technology, the company must contribute to a better world for future generations.

VIAIM is fully committed to environmental protection and sustainable development through its use of molded pulp, an environmentally friendly material for packaging while maintaining a laser focus on technology upgrades that reflect its customer-centric philosophy. The company utilizes molded pulp, an eco-friendly packaging material, to minimize environmental impact, while its smart office solutions contributes to a paperless workplace, further reducing waste. This dual focus on customer convenience and sustainability enhances the overall value that VIAIM delivers to its global customer base.

“Innovation serves as a breakthrough in technology and is also a cornerstone of environmental and social responsibility,” said TOM, Product Manager of VIAIM. “With our latest service upgrades, we not only improve the user experience but also make it easier for our customers to participate in sustainable practices. By embracing these advancements, users can contribute to environmental preservation, while enjoying the benefits of advanced cross-language support and smarter office tools. VIAIM’s mission is to bridge technological innovation with social responsibility, inviting our customers to join us in creating a brighter, more sustainable future.”

About VIAIM

VIAIM is an innovative technology company in the consumer-goods sector. With a focus on versatile, multimodal interactions, we strive to provide effective solutions that meet users’ specific needs. By harnessing state-of-the-art technology, we bring our visionary ideals to life, helping people embrace the incredible possibilities the Company offers.

CONTACT:
Qian Wang
wangqian@vision-intelligence.tech

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SOURCE VIAIM

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G42 Collaborates with NVIDIA to Deliver Next-Generation Climate Solutions Using Earth-2

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ABU DHABI, UAE, Sept. 20, 2024 /PRNewswire/ — G42, a leader in AI and cloud computing, today announced that it is partnering with NVIDIA to advance climate technology with a focus on developing AI solutions aimed at dramatically enhancing the accuracy of weather forecasting globally.

The collaboration builds on NVIDIA’s Earth-2, an open platform that accelerates climate and weather predictions with interactive, AI-augmented, high-resolution simulation. G42 and NVIDIA will initially focus on a square-kilometer resolution weather forecasting model that improves the accuracy of meteorological predictions.

Key to this initiative is the establishment of a new operational base and Climate Tech Lab in Abu Dhabi. This state-of-the-art facility will serve as a hub for research and development, driving forward both companies’ commitment to environmental sustainability. This facility will also mobilize the creation of tailored climate and weather solutions that leverage over 100 petabytes of geophysical data assets.

Peng Xiao, Group CEO of G42, said, “This initiative with NVIDIA is a testament to our commitment to applying AI in ways that not only innovate but also solve critical global challenges. Establishing the Earth-2 Climate Tech Lab in Abu Dhabi allows us to leverage our unique capabilities and insights to foster a sustainable future for the world.”

In addition to fostering innovation in climate technology, the initiative will focus on building a robust framework for integrating enhanced weather prediction capabilities with comprehensive data metrics and visualization. This will assist organizations worldwide in achieving their sustainability goals through well-informed, data-driven environmental strategies.

“Our collaboration with G42 marks a pivotal step toward harnessing AI to understand and predict climate phenomena with unprecedented accuracy,” said Jensen Huang, founder and CEO of NVIDIA. “The Earth-2 Climate Tech Lab will propel environmental solutions using the most advanced accelerated computing and AI technology to benefit millions of people around the world.”

By uniting G42’s AI expertise with NVIDIA’s computational acumen, this partnership aims to deliver transformative climate solutions that combine scientific accuracy with real-world applicability, driving impactful change across industries and ecosystems.

About G42

G42 is a technology holding group, a global leader in creating visionary artificial intelligence for a better tomorrow. Born in Abu Dhabi and operating worldwide, G42 champions AI as a powerful force for good across industries. From molecular biology to space exploration and everything in between, G42 realizes exponential possibilities, today.
To know more visit www.g42.ai.

Media contacts
Media and PR Team, G42
media@g42.ai

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Kawasaki and CB&I Sign Strategic Collaborative Agreement for Promoting Commercial-Use Liquefied Hydrogen Supply Chain

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HOUSTON, Sept. 19, 2024 /PRNewswire/ — Kawasaki Heavy Industries, Ltd. (Kawasaki) and CB&I, a wholly owned unrestricted subsidiary of McDermott, announced today their signing of a strategic agreement for promoting a commercial-use liquefied hydrogen (LH2) supply chain and realizing a zero-carbon-emission society. The signing ceremony took place at Gastech Exhibition & Conference in Houston on September 18, 2024.

“We are very pleased for this opportunity to build and launch a commercial liquefied hydrogen supply chain in cooperation with CB&I,” said Motohiko Nishimura, President, Energy Solutions & Marine Engineering Company, Kawasaki Heavy Industries, Ltd. “By taking advantage of both companies’ strengths and specialized know-how, we aim to cost down hydrogen, strengthen hydrogen supply chain competitiveness, and accelerate the transition to a zero-carbon society.”

Both companies will use their specialized know-how to provide infrastructure that will enable commercial-scale international LH2 supply chains in order to help achieve carbon-neutrality. By leveraging our combined expertise to deliver large-scale LH2 infrastructure solutions, CB&I and Kawasaki are removing barriers, driving down costs and enhancing scalability across the entire supply chain.

“This strategic partnership represents a significant advancement in liquid hydrogen storage capabilities,” said Mark Butts, Senior Vice President of CB&I. “Our technical expertise and extensive experience in liquid hydrogen storage position us at the forefront of the energy transition, delivering reliable storage solutions and executing projects worldwide with proven success.”

Under this agreement, the companies will provide infrastructure to advance the global realization of a sustainable energy economy and meet decarbonization targets. This collaboration will reduce LH2 infrastructure costs and contribute to more widespread use of this clean and efficient energy source.

About CB&I
CB&I is the world’s leading designer and builder of storage facilities, tanks, and terminals. With more than 60,000 structures completed throughout its 130-year history, CB&I has the global expertise and strategically located operations to provide its customers world-class storage solutions for even the most complex energy infrastructure projects. CB&I is a wholly owned unrestricted subsidiary of McDermott. To learn more, visit www.cbi.com.

About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott’s innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.

About Kawasaki Heavy Industries, Ltd.
Kawasaki Heavy Industries, Ltd. is general engineering manufacturer with over 125 years of experience manufacturing products spanning land, sea and air. Kawasaki established the Kawasaki Group’s new vision statement, “Group Vision 2030: Trustworthy Solutions for the Future,” and is focusing on three fields, “A Safe and Secure Remotely-Connected Society,” “Near-Future Mobility,” and “Energy and Environmental Solutions” in order to provide solutions for social issues. For “Energy and Environmental Solutions” in particular, by securing the technology necessary for the entire supply chain (for production, transportation, storage and utilization) ahead of the rest of the world, Kawasaki aims to bring about a society that utilizes hydrogen, the ultimate clean energy that emits no carbon dioxide when used. To learn more, visit https://global.kawasaki.com/en.

Forward-Looking Statements
McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected benefits from the collaboration agreement discussed in this press release.  Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott’s management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

For media inquiries, please use the contact information below:

Reba Reid
Global Media Relations
+1 281 588 5636
RReid@McDermott.com

Kristi Krupala-Grove
CB&I Media Relations
+1 346 313 9636
KKrupala2@mcdermott.com

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