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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The report offers a thorough examination of the competitive landscape of the industry with regards to company profiles, product portfolio, manufacturing and production capacity, gross profit margins, revenue generation, financial standing, and global market position. It provides data about the key technological advancements, product developments, and strategic business decisions such as mergers & acquisitions, product launches, joint ventures, collaborations, partnerships, and business expansion plans companies are adopting right now. The report also provides an analysis of the driving and restraining factors influencing the growth of the market.
Prominent Players Analyzed in the Report:
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.
Further key findings from the report suggest
- In May 2020, BAE Systems announced the completion of the acquisition of the business of Airborne Tactical Radios of Raytheon Technologies Corporation. This acquisition will help deliver game-changing electronic mission and control solutions for their customers.
- The Defense Intelligence is growing with the fastest CAGR of 6.3% throughout the projected period owing to its higher incorporation of intelligence protocols, including the nextgen communication, surveillance, reconnaissance, information fusion & data analytics, electronic welfare & spectrum dominance, and cyber control systems, among others.
- The regions in the Asia Pacific lead by China, India, Japan, and South & North Korea are allotting a considerable budget for their defense grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric welfare, along with a higher economic development, enhancement in the technological industry deliberately help propel the C5ISR market enforcement.
Market Segmentation:
The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.
- 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
- Modern Weapons
- Armored Fighting Vehicle
- Command and Control System
- Military Unmanned Ground Vehicle
- Submarine
- Unmanned Marine Vehicle
- Ship
- Unmanned Marine Vehicle
- Unmanned Aerial Vehicle
- Fighter Jet and Aircraft
- Satellite
- Space Launch Vehicle
- Armored and Unmanned Ground Vehicle
- Soldier Equipment
- Unmanned Aerial Vehicle (UAV)
- Smart Clothing
- Smart Clothing
- Vision and Surveillance
- RFID
- Communication Devices
- Others
- Services
- Artificial Intelligence
- Cyber Security
- Data Transfer Protocol
- Others
- Technology Outlook (Revenue: USD Billion; 2017-2027)
- Artificial Intelligence
- 3D Printing
- Internet of Things
- Wearable Devices
- Others
- Products
The research study also offers insights into various regulatory frameworks and evaluates the growth of the industry in each key region of the world. The report also provides an assessment of the micro and macro-economic factors influencing the growth of the market in the mentioned regions. The global Next Generation Battlefield Technology market is segmented into the following based on the key regions of the world:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Benefits of the Global Next Generation Battlefield Technology Market Report:
- Comprehensive analysis of the changing competitive landscape
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies
- The report offers an 8-year forecast estimation and assessment of the Global Next Generation Battlefield Technology Market
- Helps in understanding the key product segments and their estimated growth rate
- In-depth analysis of market drivers, restraints, trends, and opportunities
- Comprehensive regional analysis of the Global Next Generation Battlefield Technology Market
- Extensive profiling of the key stakeholders of the business sphere
- Detailed analysis of the factors influencing the growth of the Global Next Generation Battlefield Technology Market
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
READ MORE…!
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