Global Soldier Systems Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. Soldier Systemsare the systems used by soldiers/army personnel in wars. The system includes combat vehicle crewman ensemble enhancing advanced gear as an effective force multiplier in combat theater. These systems are engaged with multiple functionalities which includes Respiratory Protective Equipment (RPE), personal protection, power and transmission, communication, surveillance and target acquisition, navigation and health monitoring, vision, exoskeleton, and training & simulation.
Technological developments,increasing chances of asymmetric warfare, increasing number of geopolitical disputes, and rising incidences of interconnected warfareare boosting the growth of the global Soldier Systems market. Moreover, rising focuson soldier protection, upgrading existing combat equipments and integration of Soldier Systems with defensedepartment are also expected to fuel the growth of the market. However, lack of low-cost & energy-efficient hardware may hinder the growth of the market. Furthermore, ongoing research & development and opportunities in security-based Soldier Systems from various industries from emerging economies would provide growth in the upcoming years.
The global Soldier Systems market is segmented based on the type, end user, and geography. Type segment can be further segmented into Respiratory Protective Equipment (RPE), communication, power and transmission, personal protection, surveillance and target acquisition, navigation and health monitoring, vision, exoskeleton, and training & simulation.The end user segment is further divided into military and homeland security segment.
The global Soldier Systems market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are covered under North America wherein Europe covers U.K, Germany, France, Russia, Sweden, Ukraineand others. Asia-Pacific covers China, India, Japan, Australia, and others. RoW covers South America, Middle East and Africa.
Major companies operating in the global Soldier Systems market are Rheinmetall AG, General Dynamics Corporation, Thales Group,Rockwell Collins, Inc.,Elbit Systems Ltd., Harris Corporation,Safran S.A.,Ultra Electronics Holdings PLC,Northrop Grumman Corporation, Saab AB,Flir Systems, Inc.,andBae Systems PLC, among others.
The key takeaways from the report
Scope of Soldier Systems Market
End User Segments