Soldier Systems Market Size Is Anticipated To Reach USD 15.16 Billion By 2030


 San Francisco, 2 January 2025: The Report Soldier Systems Market Size, Share & Trends Analysis Report By Equipment (Personal Protection, Communication, Navigation & Targeting), By Application (Combat Operations), By End Use, By Region, And Segment Forecasts, 2024 - 2030

The global soldier systems market size to reach at USD 15.16 billion in 2030 and is expected to grow at a CAGR of 4.9% from 2024 to 2030. Governments and defense organizations globally are investing in modernization programs to enhance the capabilities of their armed forces. These programs include upgrading soldier systems with advanced technologies such as improved communication devices, night vision equipment, and body armor. The aim is to equip soldiers with the latest tools to improve their effectiveness and survivability on the battlefield. As nations strive to maintain a competitive edge in defense, the demand for innovative soldier systems continues to grow in the coming years.

Moreover, the rapid advancements in technology have led to the development of more advanced and efficient soldier systems. Innovations such as wearable electronics, advanced sensors, and integrated communication systems enhance situational awareness and operational efficiency. These technological improvements make soldier systems more reliable and effective, encouraging defense organizations to adopt new solutions. Continuous research and development in this field ensure a steady flow of innovative products, propelling the market growth.

Many countries are increasing their defense budgets to address growing security concerns and geopolitical tensions. Higher defense spending allows for more significant investments in advanced soldier systems to ensure military readiness and superiority. The allocation of funds towards upgrading and acquiring new soldier systems directly impacts market growth, as defense organizations prioritize equipping their personnel with innovative technology. This trend of rising defense budgets is expected to sustain the demand for advanced soldier systems, thus driving the expansion of the soldier systems market.

Access Research Report of Soldier Systems Market @ https://www.grandviewresearch.com/industry-analysis/soldier-systems-market-report

In addition, enhancing the safety and survivability of soldiers is a primary concern for defense organizations globally. The need to protect soldiers in various combat scenarios drives the development and adoption of advanced protective gear, medical systems, and life-support equipment. Modern soldier systems are designed to improve the overall survivability of troops by providing better protection, situational awareness, and support in adverse conditions. As the emphasis on soldier safety increases, the demand for comprehensive and advanced soldier systems is expected to increase further.

Furthermore, the nature of modern warfare is shifting towards asymmetric conflicts and counter-terrorism operations, where traditional warfare strategies may not be effective. These operations require specialized equipment and systems to adapt to unpredictable and dynamic combat environments. Soldier systems equipped with advanced communication, surveillance, and reconnaissance capabilities are essential for mission success in these scenarios. The growing need to address unconventional threats and conduct effective counter-terrorism operations fuels the demand for advanced soldier systems market.

Recent Developments

  • In July 2024, Kopin Corporation partnered with Wilcox Industries to introduce the innovative FUSION CLAW, a head-mounted information system that promises to transform military operations. This cutting-edge system combines a modular design with the ability to smoothly incorporate features such as night vision, communication devices, friend or foe identification, artificial intelligence-driven power management, multi-spectral lighting for enhanced visibility, functionality for mission recording, and a Day/Night Heads-Up Display (HUD). All these capabilities are integrated into a compact and lightweight unit designed for battlefield efficiency.
  • In May 2024, At SOF Week 2024, Galvion is expected to showcase its innovative wireless charging technology for soldier systems, named BATLCHRG, alongside a broader range of the company's systems and solutions at booth 948. Visitors will have the chance to see the BATLCHRG technology in action within two distinct military deployment scenarios: integrated within a vehicle seat and showcased as a wall-mounted mat for use in a ready-room setting.
  • In April 2024, The Bundeswehr has awarded Rheinmetall a significant contract for a project essential to tactical communications across the entire armed forces. This contract involves the supply of as many as 191,000 units of an "intercom system equipped with a hearing protection feature." The agreement spans seven years and could reach a net value of approximately USD 435 million.

Key Soldier Systems Company Insights

Some of the key players operating in the market are Lockheed Martin Corporation, BAE Systems plc, and Thales Group.

  • Lockheed Martin Corporation is an aerospace, defense, security, and advanced technologies company with worldwide interests. The company operates in four main business sectors: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space, providing a wide range of products and services for both domestic and international customers.
  • Thales Group is a multinational company that designs and builds electrical systems and provides services for the aerospace, defense, transportation, and security markets. Headquartered in Paris, France, Thales Group plays a crucial role in global infrastructure and information systems, offering a broad spectrum of solutions to support digital transformation and critical decision-making.

Safariland, LLC, Point Blank Enterprises, Inc., and Hosl GmbH, among others are some of the emerging market participants in the soldier systems market.

  • Safariland, LLC is an American company specializing in a variety of equipment for law enforcement, military, and recreational markets. The company offers a broad range of products including body armor, duty gear, forensic supplies, and outdoor and tactical equipment. The company is committed to innovation and quality in providing protective products and gear to professionals and enthusiasts alike.
  • Point Blank Enterprises, Inc. is a development, manufacturing, and distribution of high-performance protective solutions for the U.S. Military and Department of Defense, federal agencies, and law enforcement and corrections professionals. Established in the 1970s, the company offers a wide array of body armor systems, protective vests, and ballistic accessories.

Key Soldier Systems Companies:

The following are the leading companies in the soldier systems market. These companies collectively hold the largest market share and dictate industry trends.

  • Lockheed Martin Corporation
  • BAE Systems plc
  • Kopin Corporation
  • Thales Group
  • Safariland, LLC
  • Point Blank Enterprises, Inc.
  • Hosl GmbH
  • Harris Corporation
  • L3Harris Technologies, Inc.
  • Rohde & Schwarz GmbH & Co KG

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

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