Global Soldier Systems Market Projected to Grow at 5.5% CAGR, Reaching $15.51 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Soldier Systems Industry Market Size Be by 2025?
The market size of soldier systems has witnessed significant growth in the past few years. The market, standing at $11.88 billion in 2024, is expected to rise to $12.54 billion in 2025, projecting a compound annual growth rate (CAGR) of 5.6%. The notable growth observed in the historical period can be associated with factors such as military modernization, advances in medical technology, improvements in material science, the emergence of terrorism and asymmetrical warfare, and global conflicts like the Gulf Wars.

What's the Long-Term Growth Forecast for the Soldier Systems Market Size Through 2029?
The size of the soldier systems market is projected to experience robust expansion in the forthcoming years, reaching a value of "$15.51 billion in 2029 with a 5.5% compound annual growth rate (CAGR). The growth rate in the predicted period can be linked to the escalating emphasis on urban warfare, increase in irregular warfare, need for superior situational awareness, shift towards a network-centric warfare approach, and concentration on non-lethal capabilities. Key trends notable in the forecast period are the integration of cutting-edge technologies, downsizing of equipment, improved communication systems, focus on survival, and modular and customizable solutions.

View the full report here:
https://www.thebusinessresearchcompany.com/report/soldier-systems-global-market-report

What Are the Key Growth Drivers Fueling the Soldier Systems Market Expansion?
The rise in terrorist attacks is anticipated to fuel the expansion of the soldier system market in the forthcoming years. Terrorist assaults, which are unanticipated attacks aimed specifically at civilians for political or religious motives, are on the rise. Soldier systems enhance crew survival by integrating protective clothing, personal electronics, and survival gear to augment aircrew lethality, mission effectiveness, and safety. The surge in terrorist attacks is leading to an expansion of the soldier system market, hence driving up demand. For example, The Institute for Economics and Peace, an international think tank based in Australia, stated in February 2024, that terrorist incidents became deadlier in 2023, resulting in a death toll of 2.5 per attack compared to 1.6 in 2022. Thus, the escalating frequency of terrorist attacks is propelling the soldier system market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10614&type=smp

What Are the Key Trends Driving Soldier Systems Market Growth?
Advancements in wearable technology and augmented reality are defining trends in the soldier systems market. With the aim of solidifying their market stance, prominent companies in this sector are concentrating on creating innovative wearable and augmented reality technologies. For example, in July 2022, Elbit Systems Ltd., a defense and military electronics firm based in Israel, unveiled a pioneer vision suite for military helicopter pilots. The suite incorporates a modern sensor array, an AI-run mission computer known as X-Sight HMD system, along with a unique Helmet Mounted Display (HMD) system. The AI-driven mission computer merges sensor data, uploaded maps, and information about flight and missions. It renders a real-time color picture with superimposed augmented reality to illustrate obstacles, threats, the flight route, and additional flight and mission particulars on the X-Sight HMD visor.

How Is the Soldier Systems Market Segmented?
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

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10614&type=smp

Which Companies Are Leading the Charge in Soldier Systems Market Innovation?
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.Ş., 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.

Which Regions Are Leading the Global Soldier Systems Market in Revenue?
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

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10614

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

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 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto: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.