A new Research and Markets report states that the global market for battlefield management systems will see steady adoption through 2018 to achieve a compound annual growth rate of 4 percent.
The firm said Wednesday military and defense organizations are using battlefield management systems to limit the risk of friendly fire and control combat situations.
According to the report, these systems leverage data to guide battlefield decision-making and the execution of the mission, as well as bolster situational awareness in the field.
The report covers leading markets such as China, India, Japan, Saudi Arabia and South Korea.
Research and Markets also identified these firms as among the segment’s lead players:
- Lockheed Martin
- Northrop Grumman
- Rockwell Collins
Research and Markets said the market will experience challenges in the delivery of real-time battlefield information and the development of adversarial technologies.