Global Soldier System Market is expected to reach $19.70 billion by 2027 growing at a CAGR 8.6% during 2018 to 2027.

Some of the key players in the Soldier System market include Ultra Electronics Holdings PLC, Thales Group, Safran S.A, Saab AB, Rockwell Collins Inc, Rheinmetall AG, Leonardo S.P.A, Flir Systems Inc, Elbit Systems Ltd, BAE Systems PLC and Aselsan A.S.

— Growing focus of defense forces on enhancing battlefield capabilities of soldiers and rising incidences of asymmetric warfare are likely to boost the growth of the market. However, defense budget cuts in developed economies are likely to hamper the profit boundaries.

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Soldier system is a type of system, which improves operational capabilities, equipping infantrymen with voice and data network communication equipment. In this system, it includes equipment for dismounted soldiers for protection as well as efficiency during operations.

Based on type, military segment is having a huge demand due to increasing cross-border conflicts, and rising number of terrorism-related activities across the globe are also contributing to the growth of the military segment of the soldier systems market.

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By geography, the Asia Pacific region is having a significant growth in emerging countries such as China and India due to the development of advanced soldier systems.

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Types Covered:
• Respiratory Protective Equipment (RPE)
• Communication
• Navigation and Health Monitoring
• Vision
• Surveillance and Target Acquisition
• Training & Simulation
• Exoskeleton
• Personal Protection

Deployments Covered:
• Integrated
• Independent

Applications Covered:
• Combat Support
• Protection
• Other Applications

End Users Covered:
• Homeland Security
• Military

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-soldier-system-market-is-expected-to-reach-1970-billion-by-2027-growing-at-a-cagr-86-during-2018-to-2027/88946813

Source: MarketersMedia

Release ID: 88946813