Soldier System Market by Type (Training & Simulation, Power and Transmission, Surveillance and Target Acquisition, Communication, Navigation and Health Monitoring, Personal Protection, Respiratory Protective Equipment, Exoskeleton) by End User (Homeland S

Global Soldier System Market was valued at USD 8.98 Billion in the year 2017. Global Soldier System Market is further estimated to grow at a CAGR of 7.66% from 2018 to reach USD 13.98 Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like China as well the emerging markets like Japan holds the notable market share in 2017 and it is projected to grow at a gradual rate in the coming years.

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Saab AB (Sweden), Harris Corporation (U.S), Thales Group (France), Rheinmetall AG (Germany), Northrop Grumman Corporation (U.S), General Dynamics Corporation (U.S), Bae Systems PLC (U.K), Rockwell Collins, Inc. (U.S), Leonardo S.P.A (Italy), Elbit Systems Ltd. (Israel), are some of the key players in the Soldier System Market with Thales Group holding the substantial market share because of its better technological advancements and global reach. Technological up-gradation to cater to changing demand of end users. Similarly, growth strategies such as acquisition & merger were few techniques adopted by most of the top players in the last 5 years.

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Drivers:

• Growing amount of Soldier Innovation Programs

Restraints:

• Changing Military Regulations in different regions

Opportunities:

• Growing demand for enhanced soldier systems

Challenges:

• Decreasing mass of Soldier Systems

Segmentation done on the basis of Type includes Training & Simulation, Power and Transmission, Surveillance and Target Acquisition, Communication, Navigation and Health Monitoring, Personal Protection, Respiratory Protective Equipment and Exoskeleton of which the Communication segment is expected to hold the highest market share during the forecast period. On the other hand, segmentation done on the basis of End-User includes Homeland Security and Military of which Military segment is expected to grow at the highest CAGR during the forecast period.

Key Benefits for Stakeholders

• Military Forces, Providers of Subsystems for Soldier Systems,
• Original Equipment Producers, Component Providers,
• Upgradation Service Providers, Homeland Security Agencies

By Type

• Training & Simulation
• Power and Transmission
• Surveillance and Target Acquisition
• Communication
• Navigation and Health Monitoring
• Personal Protection
• Respiratory Protective Equipment
• Exoskeleton

By End User

• Homeland Security
• Military

By Region

• North America
• Europe
• Asia-Pacific
• ROW

Key Market Players

• Saab AB
• Harris Corporation
• Thales Group
• Rheinmetall AG
• Northrop Grumman Corporation
• General Dynamics Corporation
• Bae Systems PLC
• Rockwell Collins, Inc.
• Leonardo S.P.A
• Elbit Systems Ltd.

(Another brief information of 10 companies will be provided in the report)

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