1. Market Research
  2. > Aerospace and Defence Market Trends
The Global Soldier Modernization Market 2017-2027

The Global Soldier Modernization Market 2017-2027

  • March 2017
  • 152 pages
  • ID: 3039722

Summary

Table of Contents

The Global Soldier Modernization Market 2017-2027

Summary

Global Soldier Modernization market is expected to value US$9.0 Billion in 2017, and will grow at a CAGR of 4.00%, to value US$13.3 Billion by 2027. The cumulative market for global expenditure on soldier modernization will reach US$118.0 Billion over the forecast period.

The C4ISR segment is expected to be the largest soldier modernization market during the forecast period. The fast paced technological advancement in this domain has led to the growing demand of C4ISR based soldier modernization systems rendering earlier equipment obsolete. Driven by large scale procurement as well as upgrade programs that are being undertaken by several nations across the world, the C4ISR based systems are expected to account for the largest share of 36% in the global market over the forecast period.

The global soldier modernization market is expected to be dominated by North America. Despite the defense budget sequestration, the region is expected to record a CAGR of 3.67% between 2017 and 2027. Overall, North America is projected to spend US$45.4 Billion on soldier modernization over the forecast period. In 2017, regional expenditure is expected to value US$3.7 Billion and increase to US$5.4 Billion by 2027.

By establishing partnerships for R&D with global soldier modernization system manufacturers, a significant number of countries are investing in the development of their domestic soldier modernization system development capabilities. These ventures are expected to help countries whose domestic defense industry is not so developed, by allowing technology transfers. In addition, partnerships between defense firms have also increased. One such joint venture (JVs) is the collaboration between two major communication devices experts, Harris Corporation and ITT Corporation, to accelerate the fielding of the Soldier Radio Waveform, part of the US DoD’s networked digital battlefield.

The report “Global Soldier Modernization Market 2017-2027” offers detailed analysis of the Global Soldier Modernization Market over the next ten years, and provides market size forecasts. Furthermore, it covers key technological and market trends in the industry, and analyzes factors influencing demand for soldier modernization.

In particular, it provides an in-depth analysis of the following -
- Overview: Snapshot of the soldier modernization market during 2017-2027, including highlights of the demand drivers, trends and challenges. It also provides a snapshot of the spending with respect to regions as well as segments.
- Market Dynamics: Insights into the technological developments in the soldier modernization market and a detailed analysis of the changing preferences of governments around the world. It also analyzes changing industry structure trends and the challenges faced by the industry participants.
- Segment Analysis: Insights into the soldier modernization market from a segmental perspective and a detailed analysis of factors influencing the market for each sector.
- Regional Review: Insights into modernization patterns and budgetary allocation for top countries within a region.
- Regional Analysis: Insights into the soldier modernization market from a regional perspective and a detailed analysis of factors influencing the market for each region.
- Trend Analysis - Key Defense Market: Analysis of the key markets in each region, providing an analysis of the soldier modernization segments expected to be in demand in each region.
- Key Program Analysis: Details of the top programs in each segment expected to be executed during the forecast period.
- Competitive Landscape Analysis: Analysis of competitive landscape of the global soldier modernization industry. It provides an overview of key defense companies, together with insights such as key alliances, strategic initiatives and a brief financial analysis.

Companies mentioned in this report: BAE Systems Plc, The Raytheon Company, Elbit Systems Ltd, Ceradyne, Inc., ArmorSurce LLC, General Dynamics Corporation, Science Applications International Corporation, Rheinmetall Defence, Thales, Bren-Tronics Inc, FLIR Systems Inc., Harris Corporation, Safran S.A.

Scope

- The global soldier modernization market, valued at US$9.0 billion in 2017, is projected to grow at a CAGR of 4.00% over the forecast period, to reach US$13.3 billion by 2027 and cumulatively value US$118.0 billion.
- The market consists of five categories: C4ISR, survivability, sustainability, mobility and lethality.
- The market is expected to be dominated by C4ISR segment, which will account for 38% of the market, followed by Lethality and Survivability with shares of 28% and 26% respectively.
- North America is forecasted to dominate the sector with a share of 38%, followed by Asia Pacific and Europe, with shares of 28% and 23% respectively.

Reasons to buy

- Determine prospective investment areas based on a detailed trend analysis of the global soldier modernization market over the next ten years
- Gain in-depth understanding about the underlying factors driving demand for different soldier modernization segments in the top spending countries across the world and identify the opportunities offered by each of them
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
- Identify the major channels that are driving the global soldier modernization market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global soldier modernization market
- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top soldier modernization solution providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Amrita helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Tunable Filter Market by Type, System Type, Application And Geography - Global Forecast to 2023

Tunable Filter Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • December 2017
  • by MarketsandMarkets

The tunable filter market to grow at a CAGR of 8.86% between 2017 and 2023 The tunable filter market is estimated to grow from USD 122.0 million in 2017 to USD 203.1 million by 2023, at a CAGR of 8.86% ...

Turret System Market by Platform, Type, Component And Region - Global Forecast to 2022

Turret System Market: Global Forecast until 2022

  • $ 5650
  • Industry report
  • October 2017
  • by MarketsandMarkets

Increasing demand for turret gun systems from military forces and modernization programs in various countries are the major factors driving the turret system market globally.The turret system market is ...

Air Defense System Market by Component, Type, Platform, Range, Region - Global Forecast to 2024

Air Defense System Market: Global Forecast until 2024

  • $ 5650
  • Industry report
  • September 2017
  • by MarketsandMarkets

“The air defense system market is projected to grow at a CAGR of 5.74% from 2017 to 2024.”The air defense system market is projected to grow from USD 30.57 billion in 2017 to USD 45.19 billion by 2024, ...


ref:plp2017

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.