Global Soldier Systems Market to Reach $15.51 Billion by 2029, Growing at 5% CAGR

What industry-specific factors are fueling the growth of the soldier systems market?
The rise in terrorist attacks is anticipated to fuel the expansion of the soldier system market in the forthcoming period. These attacks, which are sudden violence aimed deliberately at civilians for political or spiritual goals, typically result in growing demand for soldier systems. Such systems enhance the crew's lifestyle by incorporating protective clothing, personal electronics, and survival gear, thereby improving their lethality, mission efficiency, and security. As an example, The Institute for Economics and Peace, an international think tank based in Australia, reported in February 2024 that terrorist attacks became deadlier in 2023, causing 2.5 deaths per attack as opposed to 1.6 in 2022. Thus, the escalating instances of terror attacks are overall stimulating the growth of the soldier system market.

Get Your Soldier Systems Market Report Here:
https://www.thebusinessresearchcompany.com/report/soldier-systems-global-market-report

What Is the projected market size and growth rate for the soldier systems market?
The expansion of the soldier systems market has been robust over the past years. The market size is projected to swell from $11.88 billion in 2024, reaching $12.54 billion in 2025, registering a compound annual growth rate (CAGR) of 5.6%. Factors contributing to such growth during the historic period include military modernization, medical progress, advancements in materials science, issues of terrorism and asymmetric warfare, gulf wars, and worldwide conflicts.

The market size for soldier systems is projected to experience robust expansion in the coming years, with expectations to reach $15.51 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.5%. This growth during the forecast period is largely due to the increased emphasis on urban warfare, the rise of asymmetric warfare, the call for improved situational awareness, a shift towards network-centric warfare, and a focus on non-lethal capabilities. Prevailing trends during this period include the integration of cutting-edge technologies, shrinking of equipment size, upgraded communication systems, emphasis on survivability, as well as modular and personalized solutions.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10614&type=smp

What new trends are reshaping the soldier systems market and its opportunities?
The soldier systems market is observing a rising trend in the adoption of wearable technology and augmented reality. To keep their footing strong in the market, major players in this field are concentrating on the innovation of wearable and augmented reality technologies. For instance, Elbit Systems Ltd., a defense and military-focused electronics company from Israel, in July 2022, introduced a game-changing helicopter vision suite for military pilots. The impressive suite merges a superior sensor array, an AI-driven mission computer X-Sight HMD system, and a unique Helmet Mounted Display (HMD) system. The mission computer, bolstered by AI, unifies sensor data, inbuilt maps, and flight and mission details, displaying a real-time color image with an augmented reality overlay showing obstacles, threats, the flight trajectory, and additional flight and mission information on the X-Sight HMD visor.

What major market segments define the scope and growth of the soldier systems market?
The soldier systems market covered in this report is segmented -

1) By Type: Protection, Communication, Power And Data Transmission, Surveillance And Target Acquisition, Navigation, Other Systems
2) 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
3) By Technology: Artificial Intelligence, 3D Printing, Internet of Things, Wearable Devices, Other Technologies
4) By End User: Military, Homeland Security

Subsegments:
1) By Protection: Personal Armor, Helmet Systems, Ballistic Shields, Load-Bearing Equipment
2) By Communication: Tactical Communication Systems, Integrated Communication Systems, Radio Systems, Intercom Systems
3) By Power and Data Transmission: Power Management Systems, Battery Systems, Energy Harvesting Systems, Data Transfer Systems
4) By Surveillance And Target Acquisition: Night Vision Systems, Thermal Imaging Systems, Targeting Systems, Unmanned Aerial Systems (UAS)
5) By Navigation: Global Positioning Systems (GPS), Inertial Navigation Systems, Land Navigation Systems, Geolocation Systems
6) By Other Systems: Soldier Monitoring Systems, Medical Systems, Training Systems, Maintenance Systems

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10614

Which region dominates the soldier systems market?
North America was the largest region in the soldier systems market in 2024. The regions covered in the soldier systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which key market leaders are driving the soldier systems industry growth?
Major companies operating in the soldier systems market include Safran SA, Leonardo S.p.A., Rheinmetall AG, L3Harris Technologies Inc., Lockheed Martin Corporation, Saab AB, Aselsan Elektronik Sanayi ve Ticaret A.S., Elbit Systems Ltd., General Dynamics Corporation, Thales Group, Teledyne Technologies Inc., Inova Design Solutions LLC, The Boeing Company, Northrop Grumman Corporation, Avon Protection plc, Banc 3 Technologies, Inc., Inmarsat Global Limited, Metravib Defense SA, Teldat Group, S.A., Textron Systems Corporation, Raytheon Technologies Corporation, BAE Systems plc, Harris Corporation, Leidos Holdings Inc., KBR Inc., CACI International Inc., QinetiQ Group plc, Cobham plc, Ultra Electronics Holdings plc, Chemring Group plc, Hanwha Corporation, Bharat Electronics Limited, Israel Weapon Industries Ltd., ST Engineering, RUAG AG, Nexter Systems, Oshkosh Corporation, Navistar International Corporation, Kongsberg Gruppen ASA, FN Herstal S.A.

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=10614&type=smp

What Is Covered In The Soldier Systems Global Market Report?

• Market Size Forecast: Examine the soldier systems market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the soldier systems market for a structured understanding.
• Key Players Overview: Analyze major players in the soldier systems market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the soldier systems market.
• Segment Contributions: Evaluate how different segments drive overall growth in the soldier systems market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the soldier systems market.
• Industry Challenges: Identify potential risks and obstacles affecting the soldier systems market.
• Competitive Landscape: Review strategic developments in the soldier systems market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.