COVID19:Global Soldier Systems Market is estimated to reach USD 14.4 Billion by 2025
Soldier Systems Market: Summary
The Global Soldier Systems Market is estimated to reach USD 14.4 Billion by 2025 at a CAGR of 7.6%, predicts forencis research (FSR).
Soldier System are the equipment’s that enhances the operational abilities of a soldier during battle conditions. These system carrier modular equipment’s can be used in multiple ways which and find applications in other branches of the military. The system covers large devices like radars and jammers as well as small devices as scopes and optics system. Moreover, the Soldier system includes equipment for dismounted soldiers for protection and efficiency during operations. Additionally, the soldier system can be categories into five different functions like sustainment, control, command, mobility, and lethality.
Soldier Systems Market: Drivers & Restraints
Market Drivers:
- Growing Adoption of Surveillance Systems
The market demand for soldier systems is growing owing to the adoption of surveillance systems. Surveillance systems raise the situational awareness of soldiers and help them to gain a tactical advantage on the battlefield. Global Positioning System (GPS) and Global System for Mobile (GSM) based technologies help tracking and monitor health. Moreover, it tracks the location of the soldier, heartbeat and observes the body temperature of the soldier. However, the surveillance system monitoring and advanced the activities and information of the system.
Hence, adoption of surveillance systems is expected to surge the soldier systems market during the forecast period.
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- Increasing Demand for Soldier Modernization Programs
Increasing demand for soldier modernization programs improve the overall advancement in weapons. Some of the traditional soldier system include weapons and helmets. However, innovation led to the development of a new and growing soldier system to boost military in combat scenarios. Globally, these programs incorporate new and advanced technologies in the soldier system to advance the ability of military equipment to operate in conjunction.
Therefore, increasing demand for soldier modernization programs is expected to drive the soldier systems market during the forecast period.
Market Challenges:
- Lack of Clarity and Technological Availability
Without clear technology, the objection and vision of the mission might fail to achieve the target. Lack of clarity and technological availability can impact the modernization programs. Due to continuously changing in welfare some countries are still not clear about the combat requirement. Moreover, there is a gap between the expected availability and technology performance. However, governments of countries such as India and Brazil have analyzed the challenges that can develop the soldier modernization programs.
Hence, the lack of clarity and technologies available about the product may hinder the growth of the soldier systems market.
Soldier Systems Market: Key Segments
- Based on Types: Vehicles, Systems, Communications, Sensors and Optics, Ammunition, Pyrotechnic Products, Training Systems and Power and Transmission
- On the Basis of End-User: Military and Homeland Security
- Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.
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Soldier Systems Market: Report Scope
The report on the soldier systems market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features
Specifics
Historical/Estimated/Forecasted Market Size Years
2018–2025
Base Year for Market Calculation
2019
Forecasted Period
2020–2025 (2020 estimated year, forecasted up to 2024)
Measured Units
Value (USD Million)
Segments Included
Types, End-User and Region
Regional Coverage
Asia-Pacific, North America, Europe, Middle East & Africa, and South America
Key Companies Covered
- Thales Group (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Saab AB
- Rheinmetall AG
- General Dynamics Corporation
- Harris Corporation
- Elbit Systems Ltd.
- Safran
- BAE Systems plc
- FLIR Systems, Inc.
- Collins Aerospace
- Other Key Companies
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Soldier Systems Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Soldier Systems Market, by Types
- Vehicles
- Armoured Transport Vehicles
- Reconnaissance Vehicles
- Combat Vehicles
- Command Vehicles
- Systems
- Integrated Soldier Systems
- Weapon Systems
- Navigation System
- Communications
- Battlefield communications
- Radio Communication
- Sensors and Optics
- Ammunition
- Pyrotechnic Products
- Training Systems
- Augmented Reality (AR)
- Virtual Reality (VR) Devices
- Power and Transmission
Soldier Systems Market, by End-User
- Military
- Homeland Security
Soldier Systems Market, by Region
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
- South America
- Brazil
- Argentina
- Rest of South America
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Table of Content
1 Introduction
2 Research Design & Scope
3 Executive Summary
4 Market Dynamics
5 Industry Trends — Porters Five Forces Analysis
6 Soldier Systems Market By Types, Market Size In Usd Million (2018–2025)
7 Soldier Systems Market By End-User, Market Size In Usd Million (2018–2025)
8 Soldier Systems Market By Region, Market Size In Usd Million (2018–2025)
9 Competitive Landscape
10 Company Profiles
11 Appendix
About Forencis Research
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