$14 Billion Soldier Systems Market - Global Forecast to 2023

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Jul 26, 2018, 16:30 ET

DUBLIN, July 26, 2018 /PRNewswire/ --

The "Soldier Systems Market by End User (Military, Homeland Security), Type (Personal Protection, Communication, Power and Transmission, Surveillance and Target Acquisition, Navigation and Health Monitoring, Vision), Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The soldier systems market is projected to grow from USD 9.78 billion in 2018 to USD 14.14 billion by 2023, at a CAGR of 7.65% during the forecast period from 2018 to 2023.

Factors such as ongoing soldier modernization programs carried out in various countries, increasing instances of asymmetric warfare, growing number of geopolitical disputes, and rising incidences of interconnected warfare are expected to drive the growth of the soldier systems market across the globe during the forecast period.

Based on end user, the soldier systems market has been segmented into military and homeland security. The military segment of the market is projected to grow at the highest CAGR during the forecast period. The growth of the military segment of the soldier systems market can be attributed to the increasing focus of military forces of different countries on the soldier protection, upgrading the existing soldier gears, growing terrorism, and rising need for inter-connected warfare systems, among others.

Based on type, the soldier systems market has been classified into personal protection, Respiratory Protective Equipment (RPE), communication, power and transmission, surveillance and target acquisition, navigation and health monitoring, vision, exoskeleton, and training & simulation. The communication segment is expected to lead the soldier systems market during the forecast period. The growth of this segment of the market can be attributed to the increased use of rugged, compact, and lightweight radios by soldiers on battlefields for communication. The training & simulation segment of the market is projected to grow at the highest CAGR during the forecast period. The growth of the training & simulation segment of the soldier systems market can be attributed to the increasing demand for augmented reality and virtual reality in various soldier system applications.

The Asia Pacific soldier systems market is projected to grow at the highest CAGR during the forecast period. The growth of the soldier systems market in the region can be attributed to the ongoing soldier modernization programs in emerging economies of the region. Moreover, countries such as China, Japan, India, and Australia are also investing increasingly in the development of new and advanced soldier systems and their related technologies, thereby fueling the growth of the Asia Pacific soldier systems market.

Increasing incidences of terrorism and geopolitical conflicts across the globe and growing need to enhance the capabilities of soldiers to make them effective in battlefields and ensure their protection and safety against ballistic, fragmentation, flame, flash & heat, blast laser, and Chemical, Biological, Radiological, and Nuclear (CBRN) threats have led to the increased demand for new and advanced soldier systems.

Companies dealing in soldier systems are focusing on integrating soldier systems with Command, Control, Communications, Computers, and Intelligence (C4I) technology to enhance the situational awareness of soldiers. This is expected to enable soldiers to use information gathered from C4I technology at all levels of command while supporting centralized command for various operations, carrying out the decentralized execution of operations, and aiding in the planning of operations.

The declining defense budgets of developed countries of the North American and European regions may restrain the growth of the soldier systems market in these regions. With the ongoing economic crisis, countries such as the UK, Italy, Spain, and Greece may further reduce their defense budgets. Apart from Norway, Poland, and some east European states, the defense budgets of most of the countries of the European region have reduced significantly in the recent years. This has added to the difficulties of manufactures of various subsystems of soldier systems, thereby acting as a restraint for the growth of the soldier systems market across the globe.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Soldier Systems Market, 2018-2023
4.2 Soldier Systems Market for Military, By Type
4.3 Personal Protection Soldier Systems Market, By Type
4.4 Helmet Personal Protection Soldier Systems Market, By Type
4.5 Vest Personal Protection Soldier Systems Market, By Material
4.6 Power and Data Transmission Soldier Systems Market, By Type
4.7 Surveillance and Target Acquisition Soldier Systems Market, By Type
4.8 Asia Pacific Soldier Systems Market
4.9 Soldier Systems Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Focus of Defense Forces on Enhancing Battlefield Capabilities of Soldiers
5.2.1.2 Increasing Number of Soldier Modernization Programs Being Carried Out By Different Countries Across the Globe
5.2.1.3 Rising Incidences of Asymmetric Warfare
5.2.2 Restraints
5.2.2.1 Defense Budget Cuts in Developed Economies
5.2.3 Opportunities
5.2.3.1 Development and Incorporation of Advanced Technologies to Overcome Deficiencies of the Existing Soldier Systems
5.2.3.2 Incorporation of Nanotechnology in Different Subsystems of Soldier Systems
5.2.3.3 Increased Demand for Improved and Efficient Soldier Systems to Reduce the Number Casualties Suffered By Troops
5.2.4 Challenges
5.2.4.1 Lack of Clarity and Technology Readiness
5.2.4.2 Reducing Weight of Soldier Systems

6 Industry Trends
6.1 Introduction
6.2 Capability Area and Emerging Technologies
6.3 Technology Trends
6.3.1 Open Architecture Soldier Systems
6.3.2 Individual Situational Awareness: Delivering Informed Decisions at All Levels of Command
6.3.3 Mobile User Objective System (MUOS): Cell Phone-Like Capability to Software Defined Radios
6.3.4 Multiband Tactical Communication Amplifiers
6.3.5 Advanced Bulletproof Vests
6.3.6 Augmented Reality and Virtual Reality for Training and Simulation
6.3.7 Next Generation Sensors
6.4 Innovation & Patent Registrations

7 Soldier Systems Market, By End User
7.1 Introduction
7.2 Military
7.2.1 Infantry
7.2.2 Special Forces
7.3 Homeland Security
7.3.1 Paramilitary Forces
7.3.2 Police

8 Soldier Systems Market, By Type
8.1 Introduction
8.2 Personal Protection
8.2.1 Helmet
8.2.1.1 Advanced Ballistic Helmet
8.2.1.2 Lightweight Helmet
8.2.1.3 HUD/HMD Helmet
8.2.2 Clothing
8.2.2.1 NBC Suit
8.2.2.2 Thermal Camouflage Suit
8.2.2.3 G-Suit
8.2.2.4 Immersion Suit
8.2.2.5 Advanced Ballistic Suit
8.2.3 Vest
8.2.3.1 By Type
8.2.3.1.1 Interceptor Body Armor (IBA)
8.2.3.1.1.1 Outer Tactical Vests (OTV)
8.2.3.1.1.2 Small ARMS Protective Insert (SAPI)
8.2.3.1.1.3 Deltoid Axillary Protectors
8.2.3.1.2 Interim Small ARMS Protective Overvest (ISAPO)
8.2.3.1.2.1 Extra Small ARMS Protective Overvest (XSAPO)
8.2.3.1.2.2 Enhanced Small ARMS Protective Overvest (ESAPO)
8.2.3.1.3 Personnel Armor Systems for Ground Troops (PASGT)
8.2.3.1.3.1 Modular Tactical Vests (MTV)
8.2.3.1.3.2 Improved Outer Tactical Vests (IOTV)
8.2.3.1.3.3 Scalable Plate Carrier Vests (SPCV)
8.2.3.1.4 Ranger Body Armor (RBA)
8.2.3.1.4.1 Flexible Soft Armor Vests (FSAV)
8.2.3.1.4.2 Rigid Ceramic Plate Vests (RCPV)
8.2.3.1.5 Survival Vest
8.2.3.2 By Material
8.2.3.2.1 Steel
8.2.3.2.2 Kevlar/Aramid
8.2.3.2.3 Composite Ceramic
8.2.3.2.4 Ultra-High Molecular Weight Polyethylene (UHMWPE, UHMW)
8.2.4 Boots
8.2.5 Gloves
8.3 Respiratory Protective Equipment (RPE)
8.3.1 Air Purifier Respirator
8.3.2 Air Supplied Respirator
8.4 Communication
8.4.1 Tactical Multiband Radio
8.4.2 Tactical Headsets
8.4.3 Dismounted IFF
8.5 Power and Data Transmission
8.5.1 Portable Battery
8.5.2 Portable Server
8.5.3 Wearable Personal Area Network
8.5.4 Rugged Portable Computer
8.5.5 Personnel Recovery Devices (PRD)
8.6 Surveillance and Target Acquisition
8.6.1 Manportable Surveillance and Target Acquisition Radar (MSTAR)
8.6.2 Manportable Jammers
8.6.3 Laser Rangefinders
8.6.4 Target Designators
8.7 Navigation and Health Monitoring
8.7.1 GPS/DGPS/AGPS
8.7.2 Compass
8.7.3 Barometer
8.7.4 Altimeter
8.7.5 Body Diagnostic Sensor
8.8 Vision
8.8.1 Camera
8.8.1.1 Thermal Imaging
8.8.1.2 EO/IR Imaging
8.8.2 Scopes
8.8.2.1 Binoculars/Monoculars
8.8.2.2 Optical Sights
8.8.3 Modules
8.8.3.1 Night Vision Goggles (NVG)
8.8.3.2 Handheld Display (HDD)
8.9 Exoskeleton
8.9.1 Passive Exoskeleton
8.9.2 Battery Powered Exoskeleton
8.10 Training & Simulation
8.10.1 Augmented Reality (AR)
8.10.1.1 Head-Mounted Display (HMD)
8.10.1.1.1 AR Smart Glasses
8.10.1.1.2 Smart Helmets
8.10.1.2 Head-Up Displays (HUD)
8.10.1.3 Handheld Device
8.10.2 Virtual Reality (VR) Devices
8.10.2.1 Head-Mounted Display (HMD)
8.10.2.2 Gesture-Tracking Device

9 Regional Analysis

10 Competitive Landscape
10.1 Introduction
10.2 Rank Analysis
10.3 Competitive Situations and Trends
10.3.1 Contracts
10.3.2 New Product Launches
10.3.3 Agreements, Acquisitions, Partnerships, Collaborations & Joint Ventures

11 Company Profiles
11.1 Rheinmetall AG
11.2 General Dynamics Corporation
11.3 Thales Group
11.4 Rockwell Collins, Inc.
11.5 Elbit Systems Ltd.
11.6 Harris Corporation
11.7 Safran S.A.
11.8 Ultra Electronics Holdings PLC
11.9 Saab AB
11.10 Flir Systems, Inc.
11.11 Bae Systems PLC
11.12 Northrop Grumman Corporation
11.13 L-3 Warrior Sensor Systems
11.14 Leonardo S.P.A
11.15 Aselsan A.S.

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