About the Report
The global digital battlefield market is expected to expand at an impressive CAGR of around 14% over the forecast period of 2021 to 2031. AI innovations in digital battlefields in the defense sector will be key to the growth of market players over the coming years.
Modern warfare and military combats across countries are being redefined with technology. The flow of information across military hierarchies has led to the evolution of defined horizontal and vertical communication. It has consequently improved the survivability of soldiers and enabled thoughtful military planning. Budget planners and countries across the world have been increasing the proportion of digital battlefield technology share in their overall military and defence budgets.
Foremost objective of the report by Fact.MR on digital battlefields to pitch insights on the purchase growth scenario, demand generators, and development strategies in this space. The report provides a taxonomy elaborating on key segments. The report also outlines visionary insights on market dynamics, including the drivers, restraints, opportunities, trends, and pricing analysis, along with key success factors. Demand trends have been tracked in 20+ high-growth countries, pointing towards countries in North America and Europe holding bulk of the market share.
Historical Trends Vs. Future Market Projections
Historically, from 2016 to 2020, use of digital battlefields increased at around 13.7% CAGR, and key factors assisting this growth include companies’ close communication with military budget planners, and making their solutions flexible and customizable to suit a country’s military and defense goals.
The market is forecasted to expand at a CAGR of around 14% over the coming 10 years. While virtual training of soldiers is expected to become an important part of military planning, the role of augmented reality and virtual reality is set to expand over the coming years. It will enable soldiers to train themselves within realistic immersive scenarios. IoT digital battlefields and Big Data digital battlefields will also see a rise over the coming years.
What are the Key Opportunities for Manufacturers of Digital Battlefield?
Integration of geographical information systems (GIS) and global positioning systems (GPS) can potentially improve military operations. Their integration can be effectively utilized in surveillance systems, through localization and visualization. Besides, GIS can be customized to enable battlespace situation analysis. Functionalities of GPS, data fusion, spatial analysis, display of spatial data, and database management can play a pivotal role in modern warfare. Thus, investments in GPS-based solutions can boost demand for digital battlefields in the years to come.
Which Region Offers Larger Opportunity for Sales of Digital Battlefields?
North America accounts for approximately 39% of the global sales value of digital battlefields. The region is expected to offer around US$ 23.2 Bn absolute dollar opportunity from 2021 to 2031. In 2019, the U.S. had military spending of US$ 732 Bn, the highest globally. The proportion of digital battlefield technologies in the country’s military budget has been increasing every year. The market in the country is expected to offer an absolute dollar opportunity of US$ 16 Bn from 2021 to 2031.
How Will China Open a Large Revenue Door for Digital Battlefields Over the Coming Years?
With US$ 261 Bn military spending, China was the second-largest military spender after the U.S. in 2019. The country has seen several neighboring and distant foes in the recent past, which has led it to constantly increase its military budget. Its tussle with the U.S., India, Japan, South Korea, Vietnam, Malaysia, and Taiwan has encouraged the country not only to invest in traditional warfare mechanisms but also in new technologies. The country’s People’s Liberation Army (PLA) ranks among the leading militaries equipped with artificial intelligence and anti-ship ballistic missiles. The country’s Strategic Support Force, which was established in 2015, is engaged in channelizing electronic warfare, cyber warfare, and psychological operations. China is expected to account for nearly 13% of global digital battlefield revenues by 2031, showcasing an absolute dollar opportunity of around US$ 14 Bn.
Which Type of Installation Holds Larger Market Opportunity in the Future?
New procurement of digital battlefield solutions are expected to hold more than 50% share in the market. As countries have been replacing their existing military equipment and solutions with digital counterparts, new procurement is expected to account for a larger market share.
Which Digital Battlefield Platform Holds Significant Opportunity in the Market?
Space platforms of digital battlefields are expected to grow at over 16%, thus showcasing significant opportunity through the forecast period. Systems of digital battlefields deployed in space, enabling real-time mapping of Earth objects helps military and defence leaders take real-time decisions, especially during cold wars and war-like situations. They are also helpful in foreign missions.
How Has COVID-19 Impacted Sales of Digital Battlefields?
Amid the COVID-19 pandemic, upstream supply side of digital battlefields has been more impacted than the demand side. This states that demand was high during the period, though supply contracted owing to manufacturing disruptions and operational halts across countries. Hardware components of digital battlefields were more impacted than software digital battlefields. In 2020, Northrop Grumman, Lockheed Martin, and General Dynamics received orders for several digital battlefield solutions, stating that demand was not ebbing down, though overall sales remained impacted.
Fact.MR has profiled the following key digital battlefield provides in its report:
- Raytheon Technologies Corporation
- L3Harris Technologies, Inc.
- BAE Systems
- Elbit Systems Ltd.
- General Dynamics Corporation
- FLIR Systems Inc.
- Cobham Inc.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Rheinmetall AG
- Thales Group
- Saab AB
- Rolta India Ltd.
- ATOS SE
- Airbus S.A.S.
- Rafael Advanced Defence Systems Ltd.
- Israel Aerospace Industries
- Aselsan A.S.
- Teleplan Globe AS
- Rohde & Schwarz
- Booz Allen Hamilton
Key players in the digital battlefield market discussed in the report have focused on winning new orders and contracts for digital battlefields. Strategies include product launches, collaborations with key players, partnerships, and mergers and acquisitions. Some of the key development are:
- In December 2020, the Royal Netherlands Army awarded Elbit Systems Ltd. to supply digital soldier systems. The contract includes provision of digital soldier systems and vehicular integration to the Royal Netherlands Army. The contract was valued at US$ 50 Mn.
- In December 2020, the Netherlands Armed Forces awarded a contract to Elbit Systems Ltd. to deliver micro-night vision systems. The contract was valued at US$ 15 Mn.
- In July 2020, the U.S. Department of Defense awarded Northrop Grumman a contract to supply forward area air defense command & control systems (FAAD C2).
- In June 2020, the U.S. Air Force selected Raytheon Technologies to participate in a contract to develop an advanced battle management system. The contract was worth around US$ 950 Mn.
- In April 2020, Consortium Management Group (CMG) awarded a contract to Lockheed Martin to begin phase 2 development of the multi-function electronic warfare air large (MFEW-AL) program of the U.S. Army. The contract was worth US$ 75 Mn.
- In April 2020, the Spanish Navy awarded Lockheed Martin a contract to provide sensors and radar equipment with the use of Aegis Combat System (ACS). The contract was valued at US$ 519 Mn.
- In March 2020, the U.S. Army engaged Raytheon Technologies in a contract for manufacturing Patriot, an air and missile defense system. The contract was valued at around US$ 551 Mn.
Similarly, recent developments related to companies manufacturing digital battlefields and growth opportunities in digital battlefields have been tracked by the team at Fact.MR, which is available in the full report.
Historical Data Available for
US$ Mn for Value
Key Regions Covered
Key Countries Covered
Key Segments Covered
Key Companies Profiled
Key Questions Answered in Report
What is the expected growth rate for the digital battlefield industry by 2031?
By value, Fact.MR has projected a CAGR of around 14% for digital battlefield sales during 2021-2031.
Which region is expected to experience the highest growth?
As per Fact.MR’s projections, South Asia would experience the highest growth rate of over 20%. The market in the Middle East and Africa is also expected to witness a CAGR of over 17%.
Which are the prominent digital battlefield manufacturers?
Prominent players manufacturing digital battlefields include Raytheon Technologies Corporation, L3Harris Technologies, Inc., BAE Systems, Elbit Systems Ltd., General Dynamics Corporation, FLIR Systems Inc., Cobham Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Rheinmetall AG, Thales Group, Leonardo S.p.A., Saab AB, Rolta India Ltd., ATOS SE, Airbus S.A.S., Rafael Advanced Defence Systems Ltd., Indra, Israel Aerospace Industries, Aselsan A.S., Teleplan Globe AS, Curtiss-Wright, Rohde & Schwarz, Booz Allen Hamilton, and Leidos.
Enquiry Before Buying
Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
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Key Market Segments Covered
- Artificial Intelligence
- 3D Printing
- Internet of Things
- Big Data Analytics
- Robotic Process Automation
- Cloud Computing & Master Data Management
- Digital Twin
- AR and VR
- Warfare Platforms
- Cyber Security
- Logistics & Transportation
- Surveillance & Situational Awareness
- Command & Control
- Health Monitoring
- Simulation & Training
- Combat Simulation and Training
- Command and Control Training
- Design and Manufacturing
- Predictive Maintenance
- Threat Monitoring
- Real-Time Fleet Management
- Electronic Warfare
- LandDigital Battlefields
- Military Fighting Vehicles
- Unmanned Ground Vehicles
- Weapon Systems
- Headquarter and Command Centers
- Dismounted Soldier Systems
- NavalDigital Battlefields
- Naval Ships
- Unmanned Maritime Vehicles
- Airborne Digital Battlefields
- Combat Aircraft
- Special Mission Aircraft
- Unmanned Aerial Vehicles
- SpaceDigital Battlefields
- LandDigital Battlefields
- New Procurement Digital Battlefields
- Upgrades in Digital Battlefields
- Communication Devices
- Wearable Devices
- Smart Clothing
- Smart Helmets
- Imaging Devices
- Display Devices
- Tracking Devices
- Computer Hardware Devices
- Data Distribution Units
- Night Vision Devices
- Command & Control Software
- Military Situational Awareness
- Security Management
- Inventory Management
- Fleet Management
- Weapon Integration
- Deployment & Integration
- Upgrade & Maintenance
- Software Support
- North America
- Latin America
- East Asia
- South Asia
Digital Battlefield Market- Scope of Report
A recent study by Fact.MR on the digital battlefield market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of digital battlefields.
The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period. A detailed assessment of value chain analysis, business execution, cost structure analysis, and supply chain analysis across regional markets has been covered in the report.
A list of prominent companies operating in the digital battlefield market, along with their product portfolios, enhances the reliability of this comprehensive research study.
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of digital battlefieldsacross the globe.
A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of digital battlefieldduring the forecast period.
Fact.MR has studied the digital battlefieldmarket with detailed segmentation on the basis of technology, end use, platform, installation, solution, and key regions.
“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”
Analysis on Market Size Evaluation
The market has been analyzed for each market segment in terms of value (US$ Mn).Market estimates at global and regional levels for digital battlefieldsare available in terms of “US$ Mn”. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a solution provider can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global digital battlefield market.
Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include Porter’s five forces analysis and PESTLE analysis (political, economic, social, technology, legal and environment outlook), which are expected to have a momentous influence on the growth of the digital battlefieldmarket during the forecast period.
Country-specific valuation on demand for digital battlefields has been offered for each regional market, along with market scope estimates and forecasts, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value for emerging countries has also been included in the report.
In-depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of digital battlefields, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the manufacturing of digital battlefields has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the digital battlefieldmarket. Prominent companies operating in this market includeRaytheon Technologies Corporation, L3Harris Technologies, Inc., BAE Systems, Elbit Systems Ltd., General Dynamics Corporation, FLIR Systems Inc., Cobham Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Rheinmetall AG, Thales Group, Leonardo S.p.A., Saab AB, Rolta India Ltd., ATOS SE, Airbus S.A.S., Rafael Advanced Defence Systems Ltd., Indra, Israel Aerospace Industries, Aselsan A.S., Teleplan Globe AS, Curtiss-Wright, Rohde & Schwarz, Booz Allen Hamilton, and Leidos.
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