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Next Generation Battlefield Technology Market Overview Highlighting Major Drivers, Trends, Growth and Demand Report by 2027

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Next Generation Battlefield Technology Market Overview Highlighting Major Drivers, Trends, Growth and Demand Report by 2027

April 02
05:32 2021
Market Size – USD 16.57 billion in 2019, Market Growth – CAGR of 4.8%, Market Trends – Higher usage of Artificial Intelligence in defense intelligence agencies

Next Generation Battlefield Technology Market

The increasing emphasise on battlefield technolgy upgrade and extensive rise in investment in the defense & foreign intelligence are the major factors influencing the market growth.

The Global Next Generation Battlefield Technology Market is forecasted to be worth USD 24.29 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market include increasing usage of battlefield intelligence, rising demand for cyber security in military & defense intelligence involving the data breaches from the confidential governing bodies, rising threats & tensions in asymmetric warfare, and growing investments in the defense bodies & foreign intelligence platforms, among others.

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Key Market Competitors

The global Next Generation Battlefield Technology industry is widely fragmented due to the presence of numerous competitors across several regional and local segments of the market. These players are said to dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies operating in this market are in high competition with one another in terms of technological capabilities, product development and innovation, and product pricing strategies.

Key players in the market The Boeing Company, BAE Systems, Lockheed Martin, Rockwell Collins, Elbit Systems, Northrop Grumman, Thales Group, Leonardo S.p.A., Raytheon Company, and General Dynamics, among others.

For the purpose of this report, Emergen Research has segmented into the global Next Generation Battlefield Technology Market on the basis of Application, Platform, Component, Technology, and Region:

  • Application Outlook (Revenue: USD Billion; 2017-2027)
    • Logistics & Transportation
    • Surveillance & Reconnaissance
    • Cyber Security
    • Explosive Ordinance Disposal (EOD)
    • Intelligence & Data Warfare
    • Combat Simulation, Training & Health Monitoring
    • Others
  • Platform Outlook (Revenue: USD Billion; 2017-2027)
    • Land
    • Airborne
    • Naval
    • Joint
    • Space
  • Component Outlook (Revenue: USD Billion; 2017-2027)
    • Products
      1. Modern Weapons
      2. Armored Fighting Vehicle
      3. Command and Control System
      4. Military Unmanned Ground Vehicle
      5. Submarine
      6. Unmanned Marine Vehicle
      7. Ship
      8. Unmanned Marine Vehicle
      9. Unmanned Aerial Vehicle
      10. Fighter Jet and Aircraft
      11. Satellite
      12. Space Launch Vehicle
      13. Armored and Unmanned Ground Vehicle
      14. Soldier Equipment
      15. Unmanned Aerial Vehicle (UAV)
      16. Smart Clothing
      17. Smart Clothing
      18. Vision and Surveillance
      19. RFID
      20. Communication Devices
      21. Others
    • Services
      1. Artificial Intelligence
      2. Cyber Security
      3. Data Transfer Protocol
      4. Others
    • Technology Outlook (Revenue: USD Billion; 2017-2027)
      • Artificial Intelligence
      • 3D Printing
      • Internet of Things
      • Wearable Devices
      • Others

The Global Next Generation Battlefield Technology Market can be geographically bifurcated on the basis of regional demand, output, and estimated revenue share. The most prominent regions dictating the global market include: 

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Germany, France, Italy)
  • Asia Pacific (China, Japan, India, Korea)
  • Latin America (Brazil, Argentina, Ecuador, Chile)
  • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)

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The following are the main reasons to buy the Global Next Generation Battlefield Technology Market report:

  1. The latest report closely evaluates the overall market size and infers on various aspects, such as the current business trends, market share, product offerings, and product share.
  2. It offers a detailed account of the end-use applications of the products & services offered by this industry.
  3. It offers an insightful analysis of the various regional segments of the market that are projected to witness enormous growth over the forecast period.
  4. Furthermore, the report covers the latest developments taking place in the market and effective business strategies implemented by the leading market rivals.

The report considers the following market growth estimation timeline:

  1. Historical Years: 2017-2018
  2. Base Year: 2019
  3. Estimated Year: 2027
  4. Forecast Years: 2020-2027

Table of Content

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Next Generation Battlefield Technology Market Segmentation & Impact Analysis
    4.1. Next Generation Battlefield Technology Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Growing emphasize on battlefield technology upgrade
                    4.2.2.2. Asymmetric welfare interpersonal relationships among countries
                    4.2.2.3. Huge growth in the IoT devices & information technology
          4.2.3. Market restraints analysis
                    4.2.3.1. Regulatory hurdles & higher cost associated to it
                    4.2.3.2. Inefficient research methodologies
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

Chapter 5. Next Generation Battlefield Technology Market By Application Insights & Trends, Revenue (USD Billion)
    5.1. Application Dynamics & Market Share, 2019 & 2027
          5.1.1. Logistics & Transportation
          5.1.2. Surveillance & Reconnaissance
          5.1.3. Cyber Security
          5.1.4. Explosive Ordinance Disposal (EOD)
          5.1.5. Intelligence & Data Warfare
          5.1.6. Combat Simulation, Training & Health Monitoring
          5.1.7. Others

Chapter 6. Next Generation Battlefield Technology Market By Platform Insights & Trends Revenue (USD Billion)
    6.1. Platform Dynamics & Market Share, 2019 & 2027
          6.1.1. Land
          6.1.2. Airborne
          6.1.3. Naval
          6.1.4. Joint
          6.1.5. Space

CONTINUED…!!

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Country: Canada
Website: https://www.emergenresearch.com/industry-report/next-generation-battlefield-technology-market