Soldier Systems Market by Type (Personal Protection, Respiratory Protective Equipment, Communication, Power & Data Transmission), End-User (Military, And Homeland Security) and Region (North America, APAC, Europe, MEA, RoW) - Global Forecast to 2027
Soldier Systems Market by Type (Personal Protection, Respiratory Protective Equipment, Communication, Power & Data Transmission), End-User (Military, And Homeland Security) and Region (North America, APAC, Europe, MEA, RoW) - Global Forecast to 2027
Abstract
The soldier system market is projected to grow from USD 10.4 Billion in 2022 to USD 12.8 Billion by 2027, at a CAGR of 4.4% during the forecast period. . Market is anticipated to grow due to consumer preference for sophisticated gadgets, increasing growth prospects of next-generation displays and integrated soldier systems, the rising popularity of wearable fitness and medical devices, and the wide use of the Internet of Things (IoT). However, declining defense budgets and a preference for conventional warfare over advanced systems in developing countries are crucial in limiting market growth.
Vision segment is expected to account for the largest share in 2022
Based on Type, the vision fixed installation segment is projected to lead the Soldier System market during the forecast period. There is a huge demand for AR & VR-powered training to support the growth of the training & simulation segment of the soldier system market worldwide.
The Military Segment is projected to dominate the market share in the End User segment during the forecast period
Based on End User, the military segment is projected to dominate the market share during the forecast period. The increasing geopolitical rift among countries has led to the modernization of soldiers to achieve tactical superiority and enhance the adoption of sophisticated wearable technology to ensure their protection and safety against ballistic; fragmentation; flame; flash & heat; blast laser; and chemical, biological, radiological, and nuclear (CBRN) threats.
North America is expected to account for the largest market share in 2022
The Soldier System market industry has been studied in North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America accounted for the largest market share in 2022. The North America market will experience considerable growth in the next years because of the rising military modernization programs, rising investments in developing technologically advanced soldier systems for defense soldiers, and the growing military procurement by Russia, Germany, India, and China contribute to the global expansion of the market.
The break-up of the profile of primary participants in the Soldier System market:
•By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
•By Designation: C Level – 50%, Director Level – 25%, Others-25%
•By Region: North America – 60%, Europe – 20%, Asia Pacific – 10%, Middle East – 5%, and Latin America – 5%
Prominent companies include BAE Systems plc (UK), Elbit Systems (Israel), Aselsan A.S. (Turkey), Saab AB (Sweden), Rheinmetall AG (Germany), General Dynamics (US), and Thales Group (France), among others
Research Coverage:
The report segments the Soldier System market based on Type, End User, and Region. Based on type, the market is segmented into personal protection, respiratory protective equipment (RPE), communication, power & transmission, surveillance & target acquisition, navigation & health monitoring, vision, exoskeleton, and training & simulation. Based on End User, the market is segmented into military and homeland security. The Soldier System market has been studied for North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Soldier System market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the Soldier System market. Competitive analysis of upcoming startups in the Soldier System market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Soldier System market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
•Market Penetration: Comprehensive information on Soldier System offered by the top players in the market
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Soldier System market
•Market Development: Comprehensive information about lucrative markets – the report analyses the Soldier System market across varied regions
•Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Soldier System market
•Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players in the Soldier System market
Content
Table of Contents
1INTRODUCTION34
1.1STUDY OBJECTIVES34
1.2MARKET DEFINITION34
1.3STUDY SCOPE35
1.3.1MARKETS COVERED35
FIGURE 1SOLDIER SYSTEM MARKET SEGMENTATION35
1.3.2REGIONAL SCOPE36
FIGURE 2SOLDIER SYSTEM MARKET: GEOGRAPHIC SCOPE36
1.3.3YEARS CONSIDERED36
1.4CURRENCY CONSIDERED37
TABLE 1USD EXCHANGE RATES37
1.5INCLUSIONS AND EXCLUSIONS37
TABLE 2SOLDIER SYSTEM MARKET, BY SEGMENT37
1.6LIMITATIONS38
1.7STAKEHOLDERS38
1.8SUMMARY OF CHANGES39
FIGURE 3OLD VS. NEW MARKET ESTIMATES39
2RESEARCH METHODOLOGY40
2.1RESEARCH DATA40
FIGURE 4RESEARCH PROCESS FLOW40
FIGURE 5SOLDIER SYSTEM MARKET: RESEARCH DESIGN41
2.1.1SECONDARY DATA42
2.1.1.1Secondary sources42
2.1.2PRIMARY DATA43
2.1.2.1Key primary sources43
FIGURE 6BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION43
2.2RECESSION IMPACT ON SOLDIER SYSTEM MARKET44
2.3DEMAND- AND SUPPLY-SIDE ANALYSIS44
2.3.1INTRODUCTION44
2.3.2DEMAND-SIDE INDICATORS44
2.3.2.1Widening geopolitical rift to cause tactical evolution44
2.3.3SUPPLY-SIDE INDICATORS45
2.3.3.1Oligopolistic market and supply of raw materials to affect availability and pricing45
2.4MARKET SIZE ESTIMATION45
TABLE 3SEGMENTS AND SUBSEGMENTS45
2.4.1BOTTOM-UP APPROACH46
FIGURE 7MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH (DEMAND SIDE)46
2.4.2TOP-DOWN APPROACH46
FIGURE 8MARKET SIZE ESTIMATION: TOP-DOWN APPROACH (SUPPLY SIDE)46
2.5MARKET BREAKDOWN AND DATA TRIANGULATION47
FIGURE 9DATA TRIANGULATION METHODOLOGY47
2.6GROWTH RATE ASSUMPTIONS48
2.7RESEARCH ASSUMPTIONS48
FIGURE 10PARAMETRIC ASSUMPTIONS FOR MARKET FORECAST48
2.8RISK ANALYSIS49
3EXECUTIVE SUMMARY50
FIGURE 11MILITARY SEGMENT TO DOMINATE SOLDIER SYSTEM MARKET FROM 2022 TO 202750
FIGURE 12TRAINING & SIMULATION SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD51
FIGURE 13REGIONAL ANALYSIS: SOLDIER SYSTEM MARKET52
4PREMIUM INSIGHTS53
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SOLDIER SYSTEM MARKET53
FIGURE 14INCREASING MILITARY MODERNIZATION PROGRAMS TO DRIVE MARKET53
4.2SOLDIER SYSTEM MARKET, BY END USER53
FIGURE 15MILITARY SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD53
4.3SOLDIER SYSTEM MARKET, BY TYPE54
FIGURE 16VISION SUBSEGMENT TO LEAD MARKET DURING FORECAST PERIOD54
FIGURE 17VISION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 202154
4.4SOLDIER SYSTEM MARKET, BY COUNTRY55
FIGURE 18INDIA TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD55
5MARKET OVERVIEW56
5.1INTRODUCTION56
5.2MARKET DYNAMICS57
FIGURE 19SOLDIER SYSTEM MARKET: MARKET DYNAMICS57
5.2.1DRIVERS57
5.2.1.1Lightweight and rugged wearable systems to combat challenges57
TABLE 4CAPABILITIES OF SOLDIER SYSTEMS58
5.2.1.2Soldier modernization programs to fuel demand for advanced soldier systems58
TABLE 5SOLDIER MODERNIZATION PROGRAMS, BY COUNTRY/GROUP59
5.2.1.3Asymmetric warfare to encourage adoption of soldier system technologies59
FIGURE 20NUMBER OF CASUALTIES DUE TO TERRORIST ATTACKS WORLDWIDE, 2010–201960
5.2.2RESTRAINTS60
5.2.2.1Conventional warfare systems to restrain growth of soldier system market60
5.2.2.2Supply chain disruptions to affect production of soldier systems60
5.2.3OPPORTUNITIES61
5.2.3.1Developing and integrating advanced technologies to enhance capabilities of current-generation soldier systems61
TABLE 6LIMITATIONS OF EXISTING SOLDIER SYSTEMS61
5.2.3.2Integrating nanotechnology into soldier subsystems to fuel market growth62
TABLE 7USE OF NANOTECHNOLOGY IN SOLDIER SYSTEMS62
5.2.3.3Increased demand for improved and efficient soldier systems to reduce casualties suffered by troops62
5.2.4CHALLENGES63
5.2.4.1Lack of strategic clarity and technology readiness to pose challenges for market63
5.2.4.2Need for weight reduction on soldiers to challenge soldier system manufacturers63
5.3TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS64
5.3.1REVENUE SHIFT AND NEW REVENUE POCKETS FOR SOLDIER SYSTEM MANUFACTURERS64
FIGURE 21SOLDIER SYSTEM MARKET: REVENUE SHIFT64
5.4MARKET ECOSYSTEM64
5.4.1PROMINENT COMPANIES64
5.4.2PRIVATE AND SMALL ENTERPRISES65
5.4.3END USERS65
FIGURE 22SOLDIER SYSTEM MARKET: ECOSYSTEM65
TABLE 8SOLDIER SYSTEM MARKET: ECOSYSTEM66
5.5VALUE CHAIN ANALYSIS67
FIGURE 23VALUE CHAIN ANALYSIS: SOLDIER SYSTEM MARKET67
5.5.1RAW MATERIAL67
5.5.2RESEARCH & DEVELOPMENT67
5.5.3MANUFACTURING AND QUALITY CONTROL67
5.5.4DISTRIBUTION, AFTER-SALES SERVICES, AND END USERS68
5.6TECHNOLOGY ANALYSIS68
5.6.1RADIOFREQUENCY68
5.6.2ADDITIVE MANUFACTURING68
5.7CASE STUDY ANALYSIS68
5.7.1SMART CLOTHING68
5.7.2SITUATION AWARENESS68
5.7.3TRAINING & SIMULATION68
5.7.4EXOSKELETON69
5.7.5ADVANCED BULLETPROOF VESTS69
5.7.6NEXT-GENERATION SENSORS69
5.7.7WEARABLE BATTERIES & ENERGY HARVESTERS69
5.8RECESSION IMPACT ANALYSIS70
TABLE 9SOLDIER SYSTEM MARKET: RECESSION IMPACT ANALYSIS70
5.9PORTER’S FIVE FORCES MODEL71
FIGURE 24PORTER’S FIVE FORCES ANALYSIS FOR SOLDIER SYSTEM MARKET71
5.9.1THREAT OF NEW ENTRANTS71
5.9.2THREAT OF SUBSTITUTES72
5.9.3BARGAINING POWER OF SUPPLIERS72
5.9.4BARGAINING POWER OF BUYERS72
5.9.5INTENSITY OF COMPETITIVE RIVALRY72
5.10KEY STAKEHOLDERS AND BUYING CRITERIA72
5.10.1KEY STAKEHOLDERS IN BUYING PROCESS73
FIGURE 25INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SOLDIER SYSTEM TECHNOLOGIES73
5.10.2BUYING CRITERIA73
TABLE 10KEY BUYING CRITERIA FOR SOLDIER SYSTEM TECHNOLOGIES73
5.11KEY CONFERENCES AND EVENTS, 2022–202374
TABLE 11SOLDIER SYSTEM MARKET: CONFERENCES AND EVENTS74
5.12TARIFF REGULATORY LANDSCAPE FOR DEFENSE INDUSTRY74
TABLE 12NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS74
TABLE 13EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS75
TABLE 14ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS75
6INDUSTRY TRENDS76
6.1INTRODUCTION76
6.2SUPPLY CHAIN ANALYSIS76
FIGURE 26SUPPLY CHAIN ANALYSIS OF SOLDIER SYSTEM MARKET77
6.3TECHNOLOGY TRENDS77
6.3.1UNMANNED PLATFORM OPERATED BY SOLDIERS77
6.3.2COMBINED DAMAGE REDUCTION77
6.3.3BRAIN-COMPUTER INTERFACES78
6.3.4INDIVIDUAL SITUATIONAL AWARENESS: DELIVERING DECISIONS AT COMMAND LEVELS78
6.3.5AUGMENTED AND VIRTUAL REALITY FOR TRAINING & SIMULATION78
6.3.6MULTIBAND TACTICAL COMMUNICATION AMPLIFIERS79
6.3.7MOBILE USER OBJECTIVE SYSTEM: CELL PHONE-LIKE CAPABILITY FOR SOFTWARE-DEFINED RADIOS79
6.3.8NEAR FIELD COMMUNICATION79
6.3.9SMART CLOTHING79
6.3.10MICROELECTROMECHANICAL SYSTEMS AND NANOTECHNOLOGY79
6.3.11NEXT-GENERATION SENSOR SYSTEMS80
6.3.12IOT-BASED SOLDIER SYSTEM WEARABLES80
6.3.13SMART BATTERIES80
6.4IMPACT OF MEGATRENDS80
6.4.1IMPLEMENTATION OF INDUSTRY 4.080
6.4.2SHIFTING OF POWER81
6.4.3ADVANCEMENTS IN SUPPLY CHAIN FOR SOLDIER SYSTEM MANUFACTURE81
6.5PATENT ANALYSIS81
TABLE 15PATENT ANALYSIS, 2019–202281
7SOLDIER SYSTEM MARKET, BY TYPE84
7.1INTRODUCTION85
FIGURE 27TRAINING & SIMULATION SEGMENT PROJECTED TO GROW AT HIGHEST CAGR BETWEEN 2022–2027 (USD MILLION)85
TABLE 16SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)86
TABLE 17SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)86
7.2PERSONAL PROTECTION87
7.2.1HELMET87
7.2.1.1Advanced ballistic helmet87
7.2.1.2Lightweight helmet87
7.2.1.3HUD/HMD helmet87
7.2.2CLOTHING87
7.2.2.1NBC suit87
7.2.2.2Thermal camouflage suit87
7.2.2.3G-suit88
7.2.2.4Immersion suit88
7.2.2.5Advanced ballistic suit88
7.2.3VEST88
7.2.3.1By Type88
7.2.3.1.1Interceptor body armor88
7.2.3.1.2Interim small arms protective overvest89
7.2.3.1.3Personnel armor systems for ground troops89
7.2.3.1.4Ranger body armor90
7.2.3.1.5Survival vest90
7.2.3.2By Material91
7.2.3.2.1Steel91
7.2.3.2.2Kevlar/Aramid91
7.2.3.2.3Composite ceramic91
7.2.3.2.4Ultra-high molecular weight polyethylene91
7.2.4BOOTS91
7.2.5GLOVES91
7.3RESPIRATORY PROTECTIVE EQUIPMENT92
7.3.1AIR-PURIFYING RESPIRATOR92
7.3.2AIR-SUPPLYING RESPIRATOR92
7.4COMMUNICATION92
7.4.1TACTICAL MULTIBAND RADIO92
7.4.2TACTICAL HEADSETS92
7.4.3DISMOUNTED IFF93
7.5POWER & DATA TRANSMISSION93
7.5.1PORTABLE BATTERY93
7.5.2PORTABLE SERVER93
7.5.3WEARABLE PERSONAL AREA NETWORK93
7.5.4RUGGED PORTABLE COMPUTER93
7.5.5PERSONNEL RECOVERY DEVICES93
7.6SURVEILLANCE & TARGET ACQUISITION94
7.6.1MAN-PORTABLE SURVEILLANCE AND TARGET ACQUISITION RADAR94
7.6.2MAN-PORTABLE JAMMERS94
7.6.3LASER RANGE FINDERS94
7.6.4TARGET DESIGNATORS94
7.7NAVIGATION & HEALTH MONITORING94
7.7.1GPS/DGPS/AGPS94
7.7.2COMPASS94
7.7.3BAROMETER95
7.7.4ALTIMETER95
7.7.5BODY DIAGNOSTIC SENSOR95
7.8VISION95
7.8.1CAMERA95
7.8.1.1Thermal imaging95
7.8.1.2EO/IR imaging95
7.8.2SCOPES96
7.8.2.1Binocular/Monocular96
7.8.2.2Optical sights96
7.8.3MODULES96
7.8.3.1Night vision goggles96
7.8.3.2Handheld display96
7.9EXOSKELETON96
7.9.1PASSIVE EXOSKELETON97
7.9.2BATTERY-POWERED EXOSKELETON97
7.10TRAINING & SIMULATION97
7.10.1AUGMENTED REALITY97
7.10.1.1Head-mounted display97
7.10.1.1.1AR smart glasses98
7.10.1.1.2Smart helmets98
7.10.1.2Head-up displays98
7.10.1.3Handheld device98
7.10.2VIRTUAL REALITY DEVICES98
7.10.2.1Head-mounted display98
7.10.2.2Gesture-tracking device99
8SOLDIER SYSTEM MARKET, BY END USER100
8.1INTRODUCTION101
FIGURE 28MILITARY SEGMENT TO DOMINATE SOLDIER SYSTEM MARKET FROM 2022 TO 2027101
TABLE 18SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)101
TABLE 19SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)102
8.2MILITARY102
8.2.1INFANTRY102
8.2.1.1Increasing adoption of soldier systems to improve night combat and load-carrying capabilities of infantry force102
8.2.2SPECIAL FORCES102
8.2.2.1Use of augmented reality-based helmets by special forces to enhance situational awareness102
8.3HOMELAND SECURITY103
8.3.1PARAMILITARY FORCES103
8.3.1.1Health monitoring wearable devices to help paramilitary personnel combat and training103
8.3.2POLICE103
8.3.2.1Demand for body cameras to benefit law enforcement agencies103
9REGIONAL ANALYSIS104
9.1INTRODUCTION105
9.1.1REGIONAL RECESSION IMPACT ANALYSIS105
FIGURE 29OVERVIEW OF REGIONAL RECESSION IMPACT106
FIGURE 30NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF SOLDIER SYSTEM MARKET IN 2022107
TABLE 20SOLDIER SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)108
TABLE 21SOLDIER SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)108
9.2NORTH AMERICA108
9.2.1RECESSION IMPACT: NORTH AMERICA109
9.2.2PESTLE ANALYSIS: NORTH AMERICA109
FIGURE 31NORTH AMERICA: SOLDIER SYSTEM MARKET SNAPSHOT110
TABLE 22NORTH AMERICA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)110
TABLE 23NORTH AMERICA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)111
TABLE 24NORTH AMERICA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)111
TABLE 25NORTH AMERICA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)111
TABLE 26NORTH AMERICA: SOLDIER SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)112
TABLE 27NORTH AMERICA: SOLDIER SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)112
9.2.3US112
9.2.3.1Increased spending on innovative technologies and presence of private players to fuel market growth112
TABLE 28US: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)113
TABLE 29US: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)113
TABLE 30US: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)113
TABLE 31US: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)114
9.2.4CANADA114
9.2.4.1Command & control devices to advance soldier protection systems114
TABLE 32CANADA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)114
TABLE 33CANADA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)115
TABLE 34CANADA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)115
TABLE 35CANADA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)115
9.3EUROPE116
9.3.1RECESSION IMPACT: EUROPE116
9.3.2PESTLE ANALYSIS: EUROPE116
FIGURE 32EUROPE: SOLDIER SYSTEM MARKET SNAPSHOT118
TABLE 36EUROPE: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)118
TABLE 37EUROPE: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)119
TABLE 38EUROPE: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)119
TABLE 39EUROPE: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)119
TABLE 40EUROPE: SOLDIER SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)120
TABLE 41EUROPE: SOLDIER SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)120
9.3.3UK120
9.3.3.1Future soldier modernization to drive market growth120
TABLE 42UK: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)121
TABLE 43UK: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)121
TABLE 44UK: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)121
TABLE 45UK: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)122
9.3.4FRANCE122
9.3.4.1Terrorist activities and inter conflict situations to lead to advanced soldier system procurement122
TABLE 46FRANCE: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)122
TABLE 47FRANCE: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)123
TABLE 48FRANCE: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)123
TABLE 49FRANCE: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)123
9.3.5GERMANY124
9.3.5.1Advanced soldier system procurement under military modernization to drive market growth124
TABLE 50GERMANY: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)124
TABLE 51GERMANY: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)124
TABLE 52GERMANY: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)125
TABLE 53GERMANY: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)125
9.3.6RUSSIA125
9.3.6.1Soldier systems under RATNIK program to boost combat effectiveness125
TABLE 54RUSSIA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)126
TABLE 55RUSSIA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)126
TABLE 56RUSSIA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)126
TABLE 57RUSSIA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)127
9.3.7REST OF EUROPE127
9.3.7.1Developments in military equipment and wearables to augment market127
TABLE 58REST OF EUROPE: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)127
TABLE 59REST OF EUROPE: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)128
TABLE 60REST OF EUROPE: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)128
TABLE 61REST OF EUROPE: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)128
9.4ASIA PACIFIC129
9.4.1RECESSION IMPACT: ASIA PACIFIC129
9.4.2PESTLE ANALYSIS: ASIA PACIFIC129
FIGURE 33ASIA PACIFIC: SOLDIER SYSTEM MARKET SNAPSHOT130
TABLE 62ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)131
TABLE 63ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)131
TABLE 64ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)131
TABLE 65ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)132
TABLE 66ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)132
TABLE 67ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)132
9.4.3CHINA133
9.4.3.1Rising R&D activities for soldier systems to augment market133
TABLE 68CHINA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)133
TABLE 69CHINA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)133
TABLE 70CHINA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)134
TABLE 71CHINA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)134
9.4.4INDIA135
9.4.4.1Enhanced capabilities for technological development in defense industry to drive market135
TABLE 72INDIA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)135
TABLE 73INDIA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)135
TABLE 74INDIA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)136
TABLE 75INDIA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)136
9.4.5JAPAN136
9.4.5.1Technological advancements and high defense budget to drive market136
TABLE 76JAPAN: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)137
TABLE 77JAPAN: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)137
TABLE 78JAPAN: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)137
TABLE 79JAPAN: MILITARY WEARABLES MARKET, BY TYPE, 2022–2027 (USD MILLION)138
9.4.6SOUTH KOREA138
9.4.6.1Increased investment in advanced and smart wearable products to improve defense capabilities138
TABLE 80SOUTH KOREA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)138
TABLE 81SOUTH KOREA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)139
TABLE 82SOUTH KOREA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)139
TABLE 83SOUTH KOREA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)139
9.4.7AUSTRALIA140
9.4.7.1Demand for modern wearable technologies in military to fuel market140
TABLE 84AUSTRALIA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)140
TABLE 85AUSTRALIA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)140
TABLE 86AUSTRALIA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)140
TABLE 87AUSTRALIA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)141
9.4.8REST OF ASIA PACIFIC141
9.4.8.1Supply chain enhancement to meet raw material demand by soldier system manufacturers141
TABLE 88REST OF ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)141
TABLE 89REST OF ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)142
TABLE 90REST OF ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)142
TABLE 91REST OF ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)142
9.5MIDDLE EAST143
9.5.1RECESSION IMPACT: MIDDLE EAST143
9.5.2PESTLE ANALYSIS: MIDDLE EAST143
TABLE 92MIDDLE EAST: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)144
TABLE 93MIDDLE EAST: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)144
TABLE 94MIDDLE EAST: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)144
TABLE 95MIDDLE EAST: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)145
TABLE 96MIDDLE EAST: SOLDIER SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)145
TABLE 97MIDDLE EAST: SOLDIER SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)145
9.5.3SAUDI ARABIA146
9.5.3.1Soldier modernization plan to be integral part of Saudi Vision 2030146
TABLE 98SAUDI ARABIA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)146
TABLE 99SAUDI ARABIA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)146
TABLE 100SAUDI ARABIA: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)147
TABLE 101SAUDI ARABIA: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)147
9.5.4UAE148
9.5.4.1Procurement of advanced military equipment to strengthen security forces148
TABLE 102UAE: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)148
TABLE 103UAE: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)148
TABLE 104UAE: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)149
TABLE 105UAE: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)149
9.5.5ISRAEL149
9.5.5.1Adoption of advanced integrated communication & navigation systems and combat equipment to drive market149
TABLE 106ISRAEL: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)150
TABLE 107ISRAEL: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)150
TABLE 108ISRAEL: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)150
TABLE 109ISRAEL: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)151
9.5.6TURKEY151
9.5.6.1Increased defense budgets to produce high-quality defense equipment for armed forces151
TABLE 110TURKEY: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)151
TABLE 111TURKEY: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)152
TABLE 112TURKEY: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)152
TABLE 113TURKEY: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)152
9.5.7REST OF MIDDLE EAST153
9.5.7.1Strengthening of military forces with advanced equipment to fuel market growth153
TABLE 114REST OF MIDDLE EAST: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)153
TABLE 115REST OF MIDDLE EAST: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)153
TABLE 116REST OF MIDDLE EAST: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)154
TABLE 117REST OF MIDDLE EAST: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)154
9.6REST OF THE WORLD155
9.6.1REGIONAL RECESSION IMPACT ANALYSIS: REST OF THE WORLD155
9.6.2PESTLE ANALYSIS: REST OF THE WORLD155
TABLE 118REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)156
TABLE 119REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)156
TABLE 120REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)156
TABLE 121REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)157
TABLE 122REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)157
TABLE 123REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)157
9.6.3LATIN AMERICA158
9.6.3.1Increasing national security budgets and procuring advanced wearables for security forces to augment market158
TABLE 124LATIN AMERICA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)158
TABLE 125LATIN AMERICA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)158
TABLE 126LATIN AMERICA: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)159
TABLE 127LATIN AMERICA: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)159
9.6.4AFRICA160
9.6.4.1Military modernization programs to fuel market160
TABLE 128AFRICA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)160
TABLE 129AFRICA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)160
TABLE 130AFRICA: SOLDIER SYSTEM MARKET SIZE, BY TECHNOLOGY, 2018–2021 (USD MILLION)160
TABLE 131AFRICA: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)161
10COMPETITIVE LANDSCAPE162
10.1INTRODUCTION162
10.2MARKET SHARE ANALYSIS OF KEY PLAYERS, 2021162
TABLE 132SOLDIER SYSTEM MARKET: DEGREE OF COMPETITION163
FIGURE 34MARKET SHARE OF TOP PLAYERS IN SOLDIER SYSTEM MARKET, 2021163
TABLE 133KEY DEVELOPMENTS BY LEADING MARKET PLAYERS IN SOLDIER SYSTEM MARKET, 2019–2022164
10.3RANKING ANALYSIS OF TOP FIVE PLAYERS, 2021165
FIGURE 35MARKET RANKING OF LEADING PLAYERS, 2021165
10.4REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS, 2021166
10.5COMPANY PRODUCT FOOTPRINT ANALYSIS167
TABLE 134COMPANY PRODUCT FOOTPRINT167
TABLE 135COMPANY SERVICES/SOLUTION/PRODUCT FOOTPRINT168
TABLE 136COMPANY REGION FOOTPRINT169
10.6COMPANY EVALUATION QUADRANT170
10.6.1STARS170
10.6.2EMERGING LEADERS170
10.6.3PERVASIVE PLAYERS170
10.6.4PARTICIPANTS170
FIGURE 36MARKET COMPETITIVE LEADERSHIP MAPPING, 2021171
10.7STARTUP/SME EVALUATION QUADRANT171
10.7.1PROGRESSIVE COMPANIES171
10.7.2RESPONSIVE COMPANIES171
10.7.3STARTING BLOCKS172
10.7.4DYNAMIC COMPANIES172
TABLE 137SOLDIER SYSTEM MARKET: DETAILED LIST OF KEY STARTUPS/SMES172
FIGURE 37SOLDIER SYSTEM MARKET (STARTUP) COMPETITIVE LEADERSHIP MAPPING, 2021173
10.8COMPETITIVE SCENARIO173
10.8.1MARKET EVALUATION FRAMEWORK174
10.8.2NEW PRODUCT LAUNCHES AND DEVELOPMENTS174
TABLE 138NEW PRODUCT LAUNCHES AND DEVELOPMENTS, 2020–2022174
10.8.3DEALS176
TABLE 139CONTRACTS, 2020–2022176
10.8.4VENTURES/AGREEMENTS/EXPANSIONS179
TABLE 140ACQUISITIONS/PARTNERSHIPS/JOINT VENTURES/AGREEMENTS/EXPANSIONS, 2020–2022179
11COMPANY PROFILES180
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
11.1INTRODUCTION180
11.2KEY PLAYERS181
11.2.1BAE SYSTEMS PLC181
TABLE 141BAE SYSTEMS PLC: BUSINESS OVERVIEW181
FIGURE 38BAE SYSTEMS PLC: COMPANY SNAPSHOT181
TABLE 142BAE SYSTEMS PLC: PRODUCT LAUNCH182
TABLE 143BAE SYSTEMS PLC: DEALS183
11.2.2ELBIT SYSTEMS LTD.184
TABLE 144ELBIT SYSTEMS LTD.: BUSINESS OVERVIEW184
FIGURE 39ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT185
TABLE 145ELBIT SYSTEMS LTD.: PRODUCT LAUNCH186
TABLE 146ELBIT SYSTEMS LTD.: DEALS187
11.2.3RHEINMETALL AG189
TABLE 147RHEINMETALL AG: BUSINESS OVERVIEW189
FIGURE 40RHEINMETALL AG: COMPANY SNAPSHOT190
TABLE 148RHEINMETALL AG: PRODUCT LAUNCHES191
TABLE 149RHEINMETALL AG: DEALS191
11.2.4SAAB AB193
TABLE 150SAAB AB: BUSINESS OVERVIEW193
FIGURE 41SAAB AB: COMPANY SNAPSHOT193
TABLE 151SAAB AB: PRODUCT LAUNCHES194
TABLE 152SAAB AB: DEALS194
11.2.5THALES GROUP196
TABLE 153THALES GROUP: BUSINESS OVERVIEW196
FIGURE 42THALES GROUP: COMPANY SNAPSHOT197
TABLE 154THALES GROUP: DEALS198
11.2.6ASELSAN A.S.200
TABLE 155ASELSAN A.S.: BUSINESS OVERVIEW200
FIGURE 43ASELSAN A.S.: COMPANY SNAPSHOT200
TABLE 156ASELSAN A.S.: PRODUCT LAUNCHES202
TABLE 157ASELSAN A.S.: DEALS202
11.2.7TELEDYNE FLIR LLC204
TABLE 158TELEDYNE FLIR LLC: BUSINESS OVERVIEW204
FIGURE 44TELEDYNE FLIR LLC: COMPANY SNAPSHOT205
TABLE 159TELEDYNE FLIR LLC: PRODUCT LAUNCHES206
TABLE 160TELEDYNE FLIR LLC: DEALS207
11.2.8GENERAL DYNAMICS CORPORATION209
TABLE 161GENERAL DYNAMICS CORPORATION: BUSINESS OVERVIEW209
FIGURE 45GENERAL DYNAMICS CORPORATION: COMPANY SNAPSHOT210
TABLE 162GENERAL DYNAMICS CORPORATION: DEALS211
11.2.9BIONIC POWER INC.212
TABLE 163BIONIC POWER INC.: BUSINESS OVERVIEW212
11.2.10L3HARRIS TECHNOLOGIES, INC.213
TABLE 164L3HARRIS TECHNOLOGIES, INC.: BUSINESS OVERVIEW213
FIGURE 46L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT214
TABLE 165L3HARRIS TECHNOLOGIES, INC.: DEALS215
11.2.11LEONARDO S.P.A.216
TABLE 166LEONARDO S.P.A.: BUSINESS OVERVIEW216
FIGURE 47LEONARDO S.P.A.: COMPANY SNAPSHOT216
TABLE 167LEONARDO S.P.A.: DEALS217
11.2.12LOCKHEED MARTIN CORPORATION219
TABLE 168LOCKHEED MARTIN CORPORATION: BUSINESS OVERVIEW219
FIGURE 48LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT219
TABLE 169LOCKHEED MARTIN CORPORATION: DEALS220
11.2.13NORTHROP GRUMMAN CORPORATION221
TABLE 170NORTHROP GRUMMAN CORPORATION: BUSINESS OVERVIEW221
FIGURE 49NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT222
TABLE 171NORTHROP GRUMMAN CORPORATION: DEALS223
11.2.14SAFRAN SA224
TABLE 172SAFRAN SA: BUSINESS OVERVIEW224
FIGURE 50SAFRAN SA: COMPANY SNAPSHOT225
TABLE 173SAFRAN SA: DEALS226
11.2.15ULTRA-ELECTRONICS227
TABLE 174ULTRA-ELECTRONICS: BUSINESS OVERVIEW227
FIGURE 51ULTRA-ELECTRONICS: COMPANY SNAPSHOT227
TABLE 175ULTRA-ELECTRONICS: DEALS228
11.2.16INTERACTIVE WEAR AG229
TABLE 176INTERACTIVE WEAR AG: BUSINESS OVERVIEW229
11.2.17TT ELECTRONICS PLC230
TABLE 177TT ELECTRONICS PLC: BUSINESS OVERVIEW230
FIGURE 52TT ELECTRONICS PLC: COMPANY SNAPSHOT230
11.2.18TE CONNECTIVITY LTD.232
TABLE 178TE CONNECTIVITY LTD.: BUSINESS OVERVIEW232
FIGURE 53TE CONNECTIVITY LTD.: COMPANY SNAPSHOT232
11.2.19ST ENGINEERING234
TABLE 179ST ENGINEERING: BUSINESS OVERVIEW234
FIGURE 54ST ENGINEERING: COMPANY SNAPSHOT235
11.2.20VIASAT, INC.236
TABLE 180VIASAT, INC.: BUSINESS OVERVIEW236
FIGURE 55VIASAT, INC.: COMPANY SNAPSHOT236
TABLE 181VIASAT, INC.: DEALS237
11.3OTHER PLAYERS238
11.3.1GLENAIR INC.238
TABLE 182GLENAIR INC.: COMPANY OVERVIEW238
11.3.2EPSILOR-ELECTRIC FUEL LTD.239
TABLE 183EPSILOR ELECTRIC FUEL LTD.: COMPANY OVERVIEW239
11.3.3MILIPOWER SOURCE INC.240
TABLE 184MILIPOWER SOURCE INC.: COMPANY OVERVIEW240
11.3.4SAFARILAND241
TABLE 185SAFARILAND: COMPANY OVERVIEW241
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
12APPENDIX242
12.1DISCUSSION GUIDE242
12.2KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL245
12.3CUSTOMIZATION OPTIONS247
12.4RELATED REPORTS247
12.5AUTHOR DETAILS248
Vision segment is expected to account for the largest share in 2022
Based on Type, the vision fixed installation segment is projected to lead the Soldier System market during the forecast period. There is a huge demand for AR & VR-powered training to support the growth of the training & simulation segment of the soldier system market worldwide.
The Military Segment is projected to dominate the market share in the End User segment during the forecast period
Based on End User, the military segment is projected to dominate the market share during the forecast period. The increasing geopolitical rift among countries has led to the modernization of soldiers to achieve tactical superiority and enhance the adoption of sophisticated wearable technology to ensure their protection and safety against ballistic; fragmentation; flame; flash & heat; blast laser; and chemical, biological, radiological, and nuclear (CBRN) threats.
North America is expected to account for the largest market share in 2022
The Soldier System market industry has been studied in North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America accounted for the largest market share in 2022. The North America market will experience considerable growth in the next years because of the rising military modernization programs, rising investments in developing technologically advanced soldier systems for defense soldiers, and the growing military procurement by Russia, Germany, India, and China contribute to the global expansion of the market.
The break-up of the profile of primary participants in the Soldier System market:
•By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
•By Designation: C Level – 50%, Director Level – 25%, Others-25%
•By Region: North America – 60%, Europe – 20%, Asia Pacific – 10%, Middle East – 5%, and Latin America – 5%
Prominent companies include BAE Systems plc (UK), Elbit Systems (Israel), Aselsan A.S. (Turkey), Saab AB (Sweden), Rheinmetall AG (Germany), General Dynamics (US), and Thales Group (France), among others
Research Coverage:
The report segments the Soldier System market based on Type, End User, and Region. Based on type, the market is segmented into personal protection, respiratory protective equipment (RPE), communication, power & transmission, surveillance & target acquisition, navigation & health monitoring, vision, exoskeleton, and training & simulation. Based on End User, the market is segmented into military and homeland security. The Soldier System market has been studied for North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Soldier System market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the Soldier System market. Competitive analysis of upcoming startups in the Soldier System market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Soldier System market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
•Market Penetration: Comprehensive information on Soldier System offered by the top players in the market
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Soldier System market
•Market Development: Comprehensive information about lucrative markets – the report analyses the Soldier System market across varied regions
•Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Soldier System market
•Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players in the Soldier System market
1INTRODUCTION34
1.1STUDY OBJECTIVES34
1.2MARKET DEFINITION34
1.3STUDY SCOPE35
1.3.1MARKETS COVERED35
FIGURE 1SOLDIER SYSTEM MARKET SEGMENTATION35
1.3.2REGIONAL SCOPE36
FIGURE 2SOLDIER SYSTEM MARKET: GEOGRAPHIC SCOPE36
1.3.3YEARS CONSIDERED36
1.4CURRENCY CONSIDERED37
TABLE 1USD EXCHANGE RATES37
1.5INCLUSIONS AND EXCLUSIONS37
TABLE 2SOLDIER SYSTEM MARKET, BY SEGMENT37
1.6LIMITATIONS38
1.7STAKEHOLDERS38
1.8SUMMARY OF CHANGES39
FIGURE 3OLD VS. NEW MARKET ESTIMATES39
2RESEARCH METHODOLOGY40
2.1RESEARCH DATA40
FIGURE 4RESEARCH PROCESS FLOW40
FIGURE 5SOLDIER SYSTEM MARKET: RESEARCH DESIGN41
2.1.1SECONDARY DATA42
2.1.1.1Secondary sources42
2.1.2PRIMARY DATA43
2.1.2.1Key primary sources43
FIGURE 6BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION43
2.2RECESSION IMPACT ON SOLDIER SYSTEM MARKET44
2.3DEMAND- AND SUPPLY-SIDE ANALYSIS44
2.3.1INTRODUCTION44
2.3.2DEMAND-SIDE INDICATORS44
2.3.2.1Widening geopolitical rift to cause tactical evolution44
2.3.3SUPPLY-SIDE INDICATORS45
2.3.3.1Oligopolistic market and supply of raw materials to affect availability and pricing45
2.4MARKET SIZE ESTIMATION45
TABLE 3SEGMENTS AND SUBSEGMENTS45
2.4.1BOTTOM-UP APPROACH46
FIGURE 7MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH (DEMAND SIDE)46
2.4.2TOP-DOWN APPROACH46
FIGURE 8MARKET SIZE ESTIMATION: TOP-DOWN APPROACH (SUPPLY SIDE)46
2.5MARKET BREAKDOWN AND DATA TRIANGULATION47
FIGURE 9DATA TRIANGULATION METHODOLOGY47
2.6GROWTH RATE ASSUMPTIONS48
2.7RESEARCH ASSUMPTIONS48
FIGURE 10PARAMETRIC ASSUMPTIONS FOR MARKET FORECAST48
2.8RISK ANALYSIS49
3EXECUTIVE SUMMARY50
FIGURE 11MILITARY SEGMENT TO DOMINATE SOLDIER SYSTEM MARKET FROM 2022 TO 202750
FIGURE 12TRAINING & SIMULATION SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD51
FIGURE 13REGIONAL ANALYSIS: SOLDIER SYSTEM MARKET52
4PREMIUM INSIGHTS53
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SOLDIER SYSTEM MARKET53
FIGURE 14INCREASING MILITARY MODERNIZATION PROGRAMS TO DRIVE MARKET53
4.2SOLDIER SYSTEM MARKET, BY END USER53
FIGURE 15MILITARY SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD53
4.3SOLDIER SYSTEM MARKET, BY TYPE54
FIGURE 16VISION SUBSEGMENT TO LEAD MARKET DURING FORECAST PERIOD54
FIGURE 17VISION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 202154
4.4SOLDIER SYSTEM MARKET, BY COUNTRY55
FIGURE 18INDIA TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD55
5MARKET OVERVIEW56
5.1INTRODUCTION56
5.2MARKET DYNAMICS57
FIGURE 19SOLDIER SYSTEM MARKET: MARKET DYNAMICS57
5.2.1DRIVERS57
5.2.1.1Lightweight and rugged wearable systems to combat challenges57
TABLE 4CAPABILITIES OF SOLDIER SYSTEMS58
5.2.1.2Soldier modernization programs to fuel demand for advanced soldier systems58
TABLE 5SOLDIER MODERNIZATION PROGRAMS, BY COUNTRY/GROUP59
5.2.1.3Asymmetric warfare to encourage adoption of soldier system technologies59
FIGURE 20NUMBER OF CASUALTIES DUE TO TERRORIST ATTACKS WORLDWIDE, 2010–201960
5.2.2RESTRAINTS60
5.2.2.1Conventional warfare systems to restrain growth of soldier system market60
5.2.2.2Supply chain disruptions to affect production of soldier systems60
5.2.3OPPORTUNITIES61
5.2.3.1Developing and integrating advanced technologies to enhance capabilities of current-generation soldier systems61
TABLE 6LIMITATIONS OF EXISTING SOLDIER SYSTEMS61
5.2.3.2Integrating nanotechnology into soldier subsystems to fuel market growth62
TABLE 7USE OF NANOTECHNOLOGY IN SOLDIER SYSTEMS62
5.2.3.3Increased demand for improved and efficient soldier systems to reduce casualties suffered by troops62
5.2.4CHALLENGES63
5.2.4.1Lack of strategic clarity and technology readiness to pose challenges for market63
5.2.4.2Need for weight reduction on soldiers to challenge soldier system manufacturers63
5.3TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS64
5.3.1REVENUE SHIFT AND NEW REVENUE POCKETS FOR SOLDIER SYSTEM MANUFACTURERS64
FIGURE 21SOLDIER SYSTEM MARKET: REVENUE SHIFT64
5.4MARKET ECOSYSTEM64
5.4.1PROMINENT COMPANIES64
5.4.2PRIVATE AND SMALL ENTERPRISES65
5.4.3END USERS65
FIGURE 22SOLDIER SYSTEM MARKET: ECOSYSTEM65
TABLE 8SOLDIER SYSTEM MARKET: ECOSYSTEM66
5.5VALUE CHAIN ANALYSIS67
FIGURE 23VALUE CHAIN ANALYSIS: SOLDIER SYSTEM MARKET67
5.5.1RAW MATERIAL67
5.5.2RESEARCH & DEVELOPMENT67
5.5.3MANUFACTURING AND QUALITY CONTROL67
5.5.4DISTRIBUTION, AFTER-SALES SERVICES, AND END USERS68
5.6TECHNOLOGY ANALYSIS68
5.6.1RADIOFREQUENCY68
5.6.2ADDITIVE MANUFACTURING68
5.7CASE STUDY ANALYSIS68
5.7.1SMART CLOTHING68
5.7.2SITUATION AWARENESS68
5.7.3TRAINING & SIMULATION68
5.7.4EXOSKELETON69
5.7.5ADVANCED BULLETPROOF VESTS69
5.7.6NEXT-GENERATION SENSORS69
5.7.7WEARABLE BATTERIES & ENERGY HARVESTERS69
5.8RECESSION IMPACT ANALYSIS70
TABLE 9SOLDIER SYSTEM MARKET: RECESSION IMPACT ANALYSIS70
5.9PORTER’S FIVE FORCES MODEL71
FIGURE 24PORTER’S FIVE FORCES ANALYSIS FOR SOLDIER SYSTEM MARKET71
5.9.1THREAT OF NEW ENTRANTS71
5.9.2THREAT OF SUBSTITUTES72
5.9.3BARGAINING POWER OF SUPPLIERS72
5.9.4BARGAINING POWER OF BUYERS72
5.9.5INTENSITY OF COMPETITIVE RIVALRY72
5.10KEY STAKEHOLDERS AND BUYING CRITERIA72
5.10.1KEY STAKEHOLDERS IN BUYING PROCESS73
FIGURE 25INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SOLDIER SYSTEM TECHNOLOGIES73
5.10.2BUYING CRITERIA73
TABLE 10KEY BUYING CRITERIA FOR SOLDIER SYSTEM TECHNOLOGIES73
5.11KEY CONFERENCES AND EVENTS, 2022–202374
TABLE 11SOLDIER SYSTEM MARKET: CONFERENCES AND EVENTS74
5.12TARIFF REGULATORY LANDSCAPE FOR DEFENSE INDUSTRY74
TABLE 12NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS74
TABLE 13EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS75
TABLE 14ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS75
6INDUSTRY TRENDS76
6.1INTRODUCTION76
6.2SUPPLY CHAIN ANALYSIS76
FIGURE 26SUPPLY CHAIN ANALYSIS OF SOLDIER SYSTEM MARKET77
6.3TECHNOLOGY TRENDS77
6.3.1UNMANNED PLATFORM OPERATED BY SOLDIERS77
6.3.2COMBINED DAMAGE REDUCTION77
6.3.3BRAIN-COMPUTER INTERFACES78
6.3.4INDIVIDUAL SITUATIONAL AWARENESS: DELIVERING DECISIONS AT COMMAND LEVELS78
6.3.5AUGMENTED AND VIRTUAL REALITY FOR TRAINING & SIMULATION78
6.3.6MULTIBAND TACTICAL COMMUNICATION AMPLIFIERS79
6.3.7MOBILE USER OBJECTIVE SYSTEM: CELL PHONE-LIKE CAPABILITY FOR SOFTWARE-DEFINED RADIOS79
6.3.8NEAR FIELD COMMUNICATION79
6.3.9SMART CLOTHING79
6.3.10MICROELECTROMECHANICAL SYSTEMS AND NANOTECHNOLOGY79
6.3.11NEXT-GENERATION SENSOR SYSTEMS80
6.3.12IOT-BASED SOLDIER SYSTEM WEARABLES80
6.3.13SMART BATTERIES80
6.4IMPACT OF MEGATRENDS80
6.4.1IMPLEMENTATION OF INDUSTRY 4.080
6.4.2SHIFTING OF POWER81
6.4.3ADVANCEMENTS IN SUPPLY CHAIN FOR SOLDIER SYSTEM MANUFACTURE81
6.5PATENT ANALYSIS81
TABLE 15PATENT ANALYSIS, 2019–202281
7SOLDIER SYSTEM MARKET, BY TYPE84
7.1INTRODUCTION85
FIGURE 27TRAINING & SIMULATION SEGMENT PROJECTED TO GROW AT HIGHEST CAGR BETWEEN 2022–2027 (USD MILLION)85
TABLE 16SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)86
TABLE 17SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)86
7.2PERSONAL PROTECTION87
7.2.1HELMET87
7.2.1.1Advanced ballistic helmet87
7.2.1.2Lightweight helmet87
7.2.1.3HUD/HMD helmet87
7.2.2CLOTHING87
7.2.2.1NBC suit87
7.2.2.2Thermal camouflage suit87
7.2.2.3G-suit88
7.2.2.4Immersion suit88
7.2.2.5Advanced ballistic suit88
7.2.3VEST88
7.2.3.1By Type88
7.2.3.1.1Interceptor body armor88
7.2.3.1.2Interim small arms protective overvest89
7.2.3.1.3Personnel armor systems for ground troops89
7.2.3.1.4Ranger body armor90
7.2.3.1.5Survival vest90
7.2.3.2By Material91
7.2.3.2.1Steel91
7.2.3.2.2Kevlar/Aramid91
7.2.3.2.3Composite ceramic91
7.2.3.2.4Ultra-high molecular weight polyethylene91
7.2.4BOOTS91
7.2.5GLOVES91
7.3RESPIRATORY PROTECTIVE EQUIPMENT92
7.3.1AIR-PURIFYING RESPIRATOR92
7.3.2AIR-SUPPLYING RESPIRATOR92
7.4COMMUNICATION92
7.4.1TACTICAL MULTIBAND RADIO92
7.4.2TACTICAL HEADSETS92
7.4.3DISMOUNTED IFF93
7.5POWER & DATA TRANSMISSION93
7.5.1PORTABLE BATTERY93
7.5.2PORTABLE SERVER93
7.5.3WEARABLE PERSONAL AREA NETWORK93
7.5.4RUGGED PORTABLE COMPUTER93
7.5.5PERSONNEL RECOVERY DEVICES93
7.6SURVEILLANCE & TARGET ACQUISITION94
7.6.1MAN-PORTABLE SURVEILLANCE AND TARGET ACQUISITION RADAR94
7.6.2MAN-PORTABLE JAMMERS94
7.6.3LASER RANGE FINDERS94
7.6.4TARGET DESIGNATORS94
7.7NAVIGATION & HEALTH MONITORING94
7.7.1GPS/DGPS/AGPS94
7.7.2COMPASS94
7.7.3BAROMETER95
7.7.4ALTIMETER95
7.7.5BODY DIAGNOSTIC SENSOR95
7.8VISION95
7.8.1CAMERA95
7.8.1.1Thermal imaging95
7.8.1.2EO/IR imaging95
7.8.2SCOPES96
7.8.2.1Binocular/Monocular96
7.8.2.2Optical sights96
7.8.3MODULES96
7.8.3.1Night vision goggles96
7.8.3.2Handheld display96
7.9EXOSKELETON96
7.9.1PASSIVE EXOSKELETON97
7.9.2BATTERY-POWERED EXOSKELETON97
7.10TRAINING & SIMULATION97
7.10.1AUGMENTED REALITY97
7.10.1.1Head-mounted display97
7.10.1.1.1AR smart glasses98
7.10.1.1.2Smart helmets98
7.10.1.2Head-up displays98
7.10.1.3Handheld device98
7.10.2VIRTUAL REALITY DEVICES98
7.10.2.1Head-mounted display98
7.10.2.2Gesture-tracking device99
8SOLDIER SYSTEM MARKET, BY END USER100
8.1INTRODUCTION101
FIGURE 28MILITARY SEGMENT TO DOMINATE SOLDIER SYSTEM MARKET FROM 2022 TO 2027101
TABLE 18SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)101
TABLE 19SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)102
8.2MILITARY102
8.2.1INFANTRY102
8.2.1.1Increasing adoption of soldier systems to improve night combat and load-carrying capabilities of infantry force102
8.2.2SPECIAL FORCES102
8.2.2.1Use of augmented reality-based helmets by special forces to enhance situational awareness102
8.3HOMELAND SECURITY103
8.3.1PARAMILITARY FORCES103
8.3.1.1Health monitoring wearable devices to help paramilitary personnel combat and training103
8.3.2POLICE103
8.3.2.1Demand for body cameras to benefit law enforcement agencies103
9REGIONAL ANALYSIS104
9.1INTRODUCTION105
9.1.1REGIONAL RECESSION IMPACT ANALYSIS105
FIGURE 29OVERVIEW OF REGIONAL RECESSION IMPACT106
FIGURE 30NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF SOLDIER SYSTEM MARKET IN 2022107
TABLE 20SOLDIER SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)108
TABLE 21SOLDIER SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)108
9.2NORTH AMERICA108
9.2.1RECESSION IMPACT: NORTH AMERICA109
9.2.2PESTLE ANALYSIS: NORTH AMERICA109
FIGURE 31NORTH AMERICA: SOLDIER SYSTEM MARKET SNAPSHOT110
TABLE 22NORTH AMERICA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)110
TABLE 23NORTH AMERICA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)111
TABLE 24NORTH AMERICA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)111
TABLE 25NORTH AMERICA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)111
TABLE 26NORTH AMERICA: SOLDIER SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)112
TABLE 27NORTH AMERICA: SOLDIER SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)112
9.2.3US112
9.2.3.1Increased spending on innovative technologies and presence of private players to fuel market growth112
TABLE 28US: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)113
TABLE 29US: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)113
TABLE 30US: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)113
TABLE 31US: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)114
9.2.4CANADA114
9.2.4.1Command & control devices to advance soldier protection systems114
TABLE 32CANADA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)114
TABLE 33CANADA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)115
TABLE 34CANADA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)115
TABLE 35CANADA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)115
9.3EUROPE116
9.3.1RECESSION IMPACT: EUROPE116
9.3.2PESTLE ANALYSIS: EUROPE116
FIGURE 32EUROPE: SOLDIER SYSTEM MARKET SNAPSHOT118
TABLE 36EUROPE: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)118
TABLE 37EUROPE: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)119
TABLE 38EUROPE: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)119
TABLE 39EUROPE: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)119
TABLE 40EUROPE: SOLDIER SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)120
TABLE 41EUROPE: SOLDIER SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)120
9.3.3UK120
9.3.3.1Future soldier modernization to drive market growth120
TABLE 42UK: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)121
TABLE 43UK: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)121
TABLE 44UK: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)121
TABLE 45UK: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)122
9.3.4FRANCE122
9.3.4.1Terrorist activities and inter conflict situations to lead to advanced soldier system procurement122
TABLE 46FRANCE: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)122
TABLE 47FRANCE: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)123
TABLE 48FRANCE: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)123
TABLE 49FRANCE: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)123
9.3.5GERMANY124
9.3.5.1Advanced soldier system procurement under military modernization to drive market growth124
TABLE 50GERMANY: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)124
TABLE 51GERMANY: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)124
TABLE 52GERMANY: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)125
TABLE 53GERMANY: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)125
9.3.6RUSSIA125
9.3.6.1Soldier systems under RATNIK program to boost combat effectiveness125
TABLE 54RUSSIA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)126
TABLE 55RUSSIA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)126
TABLE 56RUSSIA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)126
TABLE 57RUSSIA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)127
9.3.7REST OF EUROPE127
9.3.7.1Developments in military equipment and wearables to augment market127
TABLE 58REST OF EUROPE: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)127
TABLE 59REST OF EUROPE: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)128
TABLE 60REST OF EUROPE: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)128
TABLE 61REST OF EUROPE: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)128
9.4ASIA PACIFIC129
9.4.1RECESSION IMPACT: ASIA PACIFIC129
9.4.2PESTLE ANALYSIS: ASIA PACIFIC129
FIGURE 33ASIA PACIFIC: SOLDIER SYSTEM MARKET SNAPSHOT130
TABLE 62ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)131
TABLE 63ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)131
TABLE 64ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)131
TABLE 65ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)132
TABLE 66ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)132
TABLE 67ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)132
9.4.3CHINA133
9.4.3.1Rising R&D activities for soldier systems to augment market133
TABLE 68CHINA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)133
TABLE 69CHINA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)133
TABLE 70CHINA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)134
TABLE 71CHINA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)134
9.4.4INDIA135
9.4.4.1Enhanced capabilities for technological development in defense industry to drive market135
TABLE 72INDIA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)135
TABLE 73INDIA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)135
TABLE 74INDIA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)136
TABLE 75INDIA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)136
9.4.5JAPAN136
9.4.5.1Technological advancements and high defense budget to drive market136
TABLE 76JAPAN: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)137
TABLE 77JAPAN: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)137
TABLE 78JAPAN: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)137
TABLE 79JAPAN: MILITARY WEARABLES MARKET, BY TYPE, 2022–2027 (USD MILLION)138
9.4.6SOUTH KOREA138
9.4.6.1Increased investment in advanced and smart wearable products to improve defense capabilities138
TABLE 80SOUTH KOREA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)138
TABLE 81SOUTH KOREA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)139
TABLE 82SOUTH KOREA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)139
TABLE 83SOUTH KOREA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)139
9.4.7AUSTRALIA140
9.4.7.1Demand for modern wearable technologies in military to fuel market140
TABLE 84AUSTRALIA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)140
TABLE 85AUSTRALIA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)140
TABLE 86AUSTRALIA: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)140
TABLE 87AUSTRALIA: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)141
9.4.8REST OF ASIA PACIFIC141
9.4.8.1Supply chain enhancement to meet raw material demand by soldier system manufacturers141
TABLE 88REST OF ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)141
TABLE 89REST OF ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)142
TABLE 90REST OF ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY TYPE, 2018–2021 (USD MILLION)142
TABLE 91REST OF ASIA PACIFIC: SOLDIER SYSTEM MARKET, BY TYPE, 2022–2027 (USD MILLION)142
9.5MIDDLE EAST143
9.5.1RECESSION IMPACT: MIDDLE EAST143
9.5.2PESTLE ANALYSIS: MIDDLE EAST143
TABLE 92MIDDLE EAST: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)144
TABLE 93MIDDLE EAST: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)144
TABLE 94MIDDLE EAST: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)144
TABLE 95MIDDLE EAST: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)145
TABLE 96MIDDLE EAST: SOLDIER SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)145
TABLE 97MIDDLE EAST: SOLDIER SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)145
9.5.3SAUDI ARABIA146
9.5.3.1Soldier modernization plan to be integral part of Saudi Vision 2030146
TABLE 98SAUDI ARABIA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)146
TABLE 99SAUDI ARABIA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)146
TABLE 100SAUDI ARABIA: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)147
TABLE 101SAUDI ARABIA: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)147
9.5.4UAE148
9.5.4.1Procurement of advanced military equipment to strengthen security forces148
TABLE 102UAE: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)148
TABLE 103UAE: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)148
TABLE 104UAE: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)149
TABLE 105UAE: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)149
9.5.5ISRAEL149
9.5.5.1Adoption of advanced integrated communication & navigation systems and combat equipment to drive market149
TABLE 106ISRAEL: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)150
TABLE 107ISRAEL: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)150
TABLE 108ISRAEL: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)150
TABLE 109ISRAEL: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)151
9.5.6TURKEY151
9.5.6.1Increased defense budgets to produce high-quality defense equipment for armed forces151
TABLE 110TURKEY: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)151
TABLE 111TURKEY: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)152
TABLE 112TURKEY: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)152
TABLE 113TURKEY: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)152
9.5.7REST OF MIDDLE EAST153
9.5.7.1Strengthening of military forces with advanced equipment to fuel market growth153
TABLE 114REST OF MIDDLE EAST: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)153
TABLE 115REST OF MIDDLE EAST: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)153
TABLE 116REST OF MIDDLE EAST: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)154
TABLE 117REST OF MIDDLE EAST: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)154
9.6REST OF THE WORLD155
9.6.1REGIONAL RECESSION IMPACT ANALYSIS: REST OF THE WORLD155
9.6.2PESTLE ANALYSIS: REST OF THE WORLD155
TABLE 118REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)156
TABLE 119REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)156
TABLE 120REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)156
TABLE 121REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)157
TABLE 122REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)157
TABLE 123REST OF THE WORLD: SOLDIER SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)157
9.6.3LATIN AMERICA158
9.6.3.1Increasing national security budgets and procuring advanced wearables for security forces to augment market158
TABLE 124LATIN AMERICA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)158
TABLE 125LATIN AMERICA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)158
TABLE 126LATIN AMERICA: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION)159
TABLE 127LATIN AMERICA: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)159
9.6.4AFRICA160
9.6.4.1Military modernization programs to fuel market160
TABLE 128AFRICA: SOLDIER SYSTEM MARKET, BY END USER, 2018–2021 (USD MILLION)160
TABLE 129AFRICA: SOLDIER SYSTEM MARKET, BY END USER, 2022–2027 (USD MILLION)160
TABLE 130AFRICA: SOLDIER SYSTEM MARKET SIZE, BY TECHNOLOGY, 2018–2021 (USD MILLION)160
TABLE 131AFRICA: SOLDIER SYSTEM MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)161
10COMPETITIVE LANDSCAPE162
10.1INTRODUCTION162
10.2MARKET SHARE ANALYSIS OF KEY PLAYERS, 2021162
TABLE 132SOLDIER SYSTEM MARKET: DEGREE OF COMPETITION163
FIGURE 34MARKET SHARE OF TOP PLAYERS IN SOLDIER SYSTEM MARKET, 2021163
TABLE 133KEY DEVELOPMENTS BY LEADING MARKET PLAYERS IN SOLDIER SYSTEM MARKET, 2019–2022164
10.3RANKING ANALYSIS OF TOP FIVE PLAYERS, 2021165
FIGURE 35MARKET RANKING OF LEADING PLAYERS, 2021165
10.4REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS, 2021166
10.5COMPANY PRODUCT FOOTPRINT ANALYSIS167
TABLE 134COMPANY PRODUCT FOOTPRINT167
TABLE 135COMPANY SERVICES/SOLUTION/PRODUCT FOOTPRINT168
TABLE 136COMPANY REGION FOOTPRINT169
10.6COMPANY EVALUATION QUADRANT170
10.6.1STARS170
10.6.2EMERGING LEADERS170
10.6.3PERVASIVE PLAYERS170
10.6.4PARTICIPANTS170
FIGURE 36MARKET COMPETITIVE LEADERSHIP MAPPING, 2021171
10.7STARTUP/SME EVALUATION QUADRANT171
10.7.1PROGRESSIVE COMPANIES171
10.7.2RESPONSIVE COMPANIES171
10.7.3STARTING BLOCKS172
10.7.4DYNAMIC COMPANIES172
TABLE 137SOLDIER SYSTEM MARKET: DETAILED LIST OF KEY STARTUPS/SMES172
FIGURE 37SOLDIER SYSTEM MARKET (STARTUP) COMPETITIVE LEADERSHIP MAPPING, 2021173
10.8COMPETITIVE SCENARIO173
10.8.1MARKET EVALUATION FRAMEWORK174
10.8.2NEW PRODUCT LAUNCHES AND DEVELOPMENTS174
TABLE 138NEW PRODUCT LAUNCHES AND DEVELOPMENTS, 2020–2022174
10.8.3DEALS176
TABLE 139CONTRACTS, 2020–2022176
10.8.4VENTURES/AGREEMENTS/EXPANSIONS179
TABLE 140ACQUISITIONS/PARTNERSHIPS/JOINT VENTURES/AGREEMENTS/EXPANSIONS, 2020–2022179
11COMPANY PROFILES180
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
11.1INTRODUCTION180
11.2KEY PLAYERS181
11.2.1BAE SYSTEMS PLC181
TABLE 141BAE SYSTEMS PLC: BUSINESS OVERVIEW181
FIGURE 38BAE SYSTEMS PLC: COMPANY SNAPSHOT181
TABLE 142BAE SYSTEMS PLC: PRODUCT LAUNCH182
TABLE 143BAE SYSTEMS PLC: DEALS183
11.2.2ELBIT SYSTEMS LTD.184
TABLE 144ELBIT SYSTEMS LTD.: BUSINESS OVERVIEW184
FIGURE 39ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT185
TABLE 145ELBIT SYSTEMS LTD.: PRODUCT LAUNCH186
TABLE 146ELBIT SYSTEMS LTD.: DEALS187
11.2.3RHEINMETALL AG189
TABLE 147RHEINMETALL AG: BUSINESS OVERVIEW189
FIGURE 40RHEINMETALL AG: COMPANY SNAPSHOT190
TABLE 148RHEINMETALL AG: PRODUCT LAUNCHES191
TABLE 149RHEINMETALL AG: DEALS191
11.2.4SAAB AB193
TABLE 150SAAB AB: BUSINESS OVERVIEW193
FIGURE 41SAAB AB: COMPANY SNAPSHOT193
TABLE 151SAAB AB: PRODUCT LAUNCHES194
TABLE 152SAAB AB: DEALS194
11.2.5THALES GROUP196
TABLE 153THALES GROUP: BUSINESS OVERVIEW196
FIGURE 42THALES GROUP: COMPANY SNAPSHOT197
TABLE 154THALES GROUP: DEALS198
11.2.6ASELSAN A.S.200
TABLE 155ASELSAN A.S.: BUSINESS OVERVIEW200
FIGURE 43ASELSAN A.S.: COMPANY SNAPSHOT200
TABLE 156ASELSAN A.S.: PRODUCT LAUNCHES202
TABLE 157ASELSAN A.S.: DEALS202
11.2.7TELEDYNE FLIR LLC204
TABLE 158TELEDYNE FLIR LLC: BUSINESS OVERVIEW204
FIGURE 44TELEDYNE FLIR LLC: COMPANY SNAPSHOT205
TABLE 159TELEDYNE FLIR LLC: PRODUCT LAUNCHES206
TABLE 160TELEDYNE FLIR LLC: DEALS207
11.2.8GENERAL DYNAMICS CORPORATION209
TABLE 161GENERAL DYNAMICS CORPORATION: BUSINESS OVERVIEW209
FIGURE 45GENERAL DYNAMICS CORPORATION: COMPANY SNAPSHOT210
TABLE 162GENERAL DYNAMICS CORPORATION: DEALS211
11.2.9BIONIC POWER INC.212
TABLE 163BIONIC POWER INC.: BUSINESS OVERVIEW212
11.2.10L3HARRIS TECHNOLOGIES, INC.213
TABLE 164L3HARRIS TECHNOLOGIES, INC.: BUSINESS OVERVIEW213
FIGURE 46L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT214
TABLE 165L3HARRIS TECHNOLOGIES, INC.: DEALS215
11.2.11LEONARDO S.P.A.216
TABLE 166LEONARDO S.P.A.: BUSINESS OVERVIEW216
FIGURE 47LEONARDO S.P.A.: COMPANY SNAPSHOT216
TABLE 167LEONARDO S.P.A.: DEALS217
11.2.12LOCKHEED MARTIN CORPORATION219
TABLE 168LOCKHEED MARTIN CORPORATION: BUSINESS OVERVIEW219
FIGURE 48LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT219
TABLE 169LOCKHEED MARTIN CORPORATION: DEALS220
11.2.13NORTHROP GRUMMAN CORPORATION221
TABLE 170NORTHROP GRUMMAN CORPORATION: BUSINESS OVERVIEW221
FIGURE 49NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT222
TABLE 171NORTHROP GRUMMAN CORPORATION: DEALS223
11.2.14SAFRAN SA224
TABLE 172SAFRAN SA: BUSINESS OVERVIEW224
FIGURE 50SAFRAN SA: COMPANY SNAPSHOT225
TABLE 173SAFRAN SA: DEALS226
11.2.15ULTRA-ELECTRONICS227
TABLE 174ULTRA-ELECTRONICS: BUSINESS OVERVIEW227
FIGURE 51ULTRA-ELECTRONICS: COMPANY SNAPSHOT227
TABLE 175ULTRA-ELECTRONICS: DEALS228
11.2.16INTERACTIVE WEAR AG229
TABLE 176INTERACTIVE WEAR AG: BUSINESS OVERVIEW229
11.2.17TT ELECTRONICS PLC230
TABLE 177TT ELECTRONICS PLC: BUSINESS OVERVIEW230
FIGURE 52TT ELECTRONICS PLC: COMPANY SNAPSHOT230
11.2.18TE CONNECTIVITY LTD.232
TABLE 178TE CONNECTIVITY LTD.: BUSINESS OVERVIEW232
FIGURE 53TE CONNECTIVITY LTD.: COMPANY SNAPSHOT232
11.2.19ST ENGINEERING234
TABLE 179ST ENGINEERING: BUSINESS OVERVIEW234
FIGURE 54ST ENGINEERING: COMPANY SNAPSHOT235
11.2.20VIASAT, INC.236
TABLE 180VIASAT, INC.: BUSINESS OVERVIEW236
FIGURE 55VIASAT, INC.: COMPANY SNAPSHOT236
TABLE 181VIASAT, INC.: DEALS237
11.3OTHER PLAYERS238
11.3.1GLENAIR INC.238
TABLE 182GLENAIR INC.: COMPANY OVERVIEW238
11.3.2EPSILOR-ELECTRIC FUEL LTD.239
TABLE 183EPSILOR ELECTRIC FUEL LTD.: COMPANY OVERVIEW239
11.3.3MILIPOWER SOURCE INC.240
TABLE 184MILIPOWER SOURCE INC.: COMPANY OVERVIEW240
11.3.4SAFARILAND241
TABLE 185SAFARILAND: COMPANY OVERVIEW241
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
12APPENDIX242
12.1DISCUSSION GUIDE242
12.2KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL245
12.3CUSTOMIZATION OPTIONS247
12.4RELATED REPORTS247
12.5AUTHOR DETAILS248
Related Report
