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Future trends of Battlefield Management Systems (BMS) Market

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

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Future trends of Battlefield Management Systems (BMS) Market

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  1. MarketsandMarkets Presents Battlefield Management Systems (BMS) Market worth $12.6 Billion by 2019 http://www.marketsandmarkets.com/Market-Reports/battlefield-management-systems-market-165590884.html

  2. 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.marketsandmarkets.com/Market-Reports/battlefield-management-systems-market-165590884.htmlEarly buyers will receive 10% customization of report.

  3. 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. http://www.marketsandmarkets.com/Market-Reports/battlefield-management-systems-market-165590884.html

  4. 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. http://www.marketsandmarkets.com/Market-Reports/battlefield-management-systems-market-165590884.html

  5. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/battlefield-management-systems-market-165590884.html

  6. Contact Us Contact:Mr. RohanMarkets and Markets UNIT no 802, Tower no. 7, SEZMagarpatta city, HadapsarPune, Maharashtra 411013, India1-888-600-6441Email: sales@marketsandmarkets.comMarketsandMarkets Bloghttp://twitter.com/marketsmarkets

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