Soldier Systems Market Analysis, Size, Share, Trends And Industry Forecast 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Soldier Systems Global Market Report 2023 identifies the increasing number of terrorist strikes as the major driver for the soldier systems market's growth in the forecast period. Terrorist strikes are surprise assault that intentionally targets civilians with violence in the pursuit of political or religious objectives. Soldier systems assist crew life by integrating protective apparel, personal electronics, and survival equipment to improve aircrew lethality, mission effectiveness, and protection. The increasing number of terrorist strikes is expanding the soldier system market, thus increasing demand.

The global soldier systems market size is expected to grow from $10.78 billion in 2022 to $11.45 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global soldier systems market size is expected to reach $14.17 billion in 2027 at a CAGR of 5.4%.

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competitors in the soldier systems market are Safran, Leonardo, Rheinmetall AG, L3Harris Technologies Inc., Lockheed Martin Corporation., Saab AB, Aselsan A.S., Elbit Systems Ltd., General Dynamics Corporation, Thales, Teledyne FLIR LLC, Inova Design Solutions, Boeing, Northrop Grumman, Avon Protection plc, Banc 3 Inc., Inmarsat Global Limited, Metravib Defense, Teldat Group, and Textron Systems.

A key trend in the soldier systems market includes the use of wearable technology and augmented reality. Major companies operating in the soldier systems market are focused on developing innovative wearable technology and augmented reality technology to strengthen their position in the market. For instance, in July 2022, Elbit Systems Ltd., an Israel-based electronics company that operates in the defense and military sectors, launched a revolutionary helicopter vision suite for military pilots. The new suite combines an advanced sensor array, an AI-powered mission computer X-Sight HMD system, and a one-of-a-kind Helmet Mounted Display (HMD) system. The AI-powered mission computer combines sensor data, preloaded maps, and flight and mission information. It displays a live color image with an augmented reality overlay demonstrating obstacles, threats, the flight path, and extra flight and mission details on the visor of the X-Sight HMD.

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The soldier systems market is segmented -
•The global soldier systems market is segmented -
•By Type: Protection, Communication, Power And Data Transmission, Surveillance And Target Acquisition, Navigation, Other Systems
•By Component: Hardware Devices, Software, Display Devices, Imaging Devices, Night Vision Devices, Tracking Devices, Wired And Wireless Communication Devices, Personal Protection Kits, Identification Friend or Foe (IFF), Other Components
•By Technology: Artificial Intelligence, 3D Printing, Internet of Things, Wearable Devices, Other Technologies
•By End User: Military, Homeland Security
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the soldier systems market.

The Business Research Company's "Global Soldier Systems Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Soldier Systems Market Include:
1. Executive Summary
2. Soldier Systems Market Characteristics
3. Soldier Systems Market Trends And Strategies
4. Soldier Systems Market - Macro Economic Scenario
5. Soldier Systems Market Size And Growth
……
26. Africa Soldier Systems Market
27. Soldier Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Soldier Systems Market
29. Soldier Systems Market Future Outlook and Potential Analysis
30. Appendix

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