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The Global Soldier Modernization Market 2012–2022

09-11-2012 04:29 PM CET | Science & Education

Press release from: GlobalDefence.net c/o Contados Medien und Verlags KG

The Global Soldier Modernization Market 2012–2022

The Global Soldier Modernization Market 2012–2022

London, August, 2012 – The soldier modernization market consists of five system categories: C4ISR based soldier modernization systems, Mobility based soldier modernization systems , Lethality based soldier modernization systems, Survivability based soldier modernization systems and Sustainability based soldier modernization systems.The value of the market is expected to increase at a CAGR of 3.07% during the forecast period (reference see graph below).

Demand for technologically advanced soldier modernization equipment is anticipated to rise in the forecast period

The global defense industry is investing significantly in R&D in an effort to increase the capabilities of modern soldiers. This has led to the development of new and ground breaking soldier modernization technologies which have enhanced the survivability, lethality, mobility and equipment sustainability capabilities of the individual soldier. Current innovations are oriented towards integrating information flow from various command stations into a single module while incorporating the information provided by individual soldiers on the field so as to aid the decision making capabilities of infantry battalions. The highest defense spending countries are now focusing on building smaller infantries with enhanced survivability and lethality in order to derive maximum effectiveness from troop deployment. This has led countries like the US, the UK and France to invest in equipment such as Buffalo Mine Protected Clearance Vehicles, Vehicle Optics Sensor Systems (VOSS) and Joint Improvised Explosive Device Defeat Devices.

Defense budget cuts and the global economic crisis not expected to affect growth of the global soldier modernization market

The global economic slowdown has reduced the defense budgets of most leading spenders in the world, including the US, France, Germany and the UK. These countries have cut back spending in various defense sectors such as space, aircraft and vehicles. Conversely, they have diverted funds towards sectors where rapid technology development and deployment is possible such as soldier modernization, C4ISR and cyber warfare. High growth markets such as the BRIC nations have been formulating continuous programs to procure the latest soldier modernization systems and have been investing extensively on R&D for the past 5 years. With continuous evolution and technological developments taking place in the soldier modernization domain, this trend is expected to continue throughout the forecast period.

For more information about this study please contact:
Mr. Jens Hohmann
GlobalDefence.net
c/o Contados Medien und Verlags KG
Hohefeldstraße 3
34132 Kassel / Germany

advertisement@globaldefence.net
Fon: +49 (0)176 - 322 367 95
Fax: +49 (0)561 - 350 29 32 -19
http://www.globdef-studies.com/

About Strategic Defence Intelligence
This report is one of a series available to subscribers of our premium research platform, Strategic Defence Intelligence. Strategic Defence Intelligence provides a stream of continuously updated customer and competitor intelligence, as well as detailed research reports providing an unrivalled source of global information on the latest developments in the defence industry.
Strategic Defence Intelligence's unique monitoring platform tracks global defence activity for over 2,500 companies and 65 product categories in real time and in a highly structured manner, giving a comprehensive and easily-searchable picture of all defence industry activity. The site features: daily updated analysis, comment and news, company and customer profiles, defence spending, tenders and contracts, product and technology intelligence, a research and analysis database providing access to industry and competitor reports to enable business and market planning, and fully customizable tools, including instant personalized report generation and custom alerts.

About GlobalDefence.net
For more than a decade GlobalDefence.net provides information from the field of foreign and security policy. It all started in the year 2001. After 911 the founder and current editor in chief Holger Paletschek started to create a German-speaking website with an overview about the armed forces of the world.
Today GlobalDefence.net stands for current news, background articles, geopolitical analyses, network of experts, industry leaders, political decision makers, as well as information about the armed forces of the world provided in German and English.

GlobalDefence.net
c/o Contados Medien und Verlags KG
Hohefeldstraße 3
34132 Kassel / Germany

advertisement@globaldefence.net
Fon: +49 (0)176 - 322 367 95
Fax: +49 (0)561 - 350 29 32 -19
http://www.globdef-studies.com/

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