Global Soldier Modernization Market Growth (Status and Outlook) 2023-2029

Global Soldier Modernization Market Growth (Status and Outlook) 2023-2029

Product Code:571659

Published Date: Jan 03,2023

Pages: 104

Region: Global

Category: Service & Software

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The net weight of carrying these modern equipment prevents soldiers from being agile, mobile and effective in the face of war, especially in difficult terrains, high elevations and fast-paced operations that today's troops experience, the weight on their shoulders is critical. Because of the equipment weight they often tend to leave the lifesaving equipment as it is the heaviest compared to rest thus making them vulnerable to dangers. The key to soldier modernisation market is to reduce the weight of equipment to the lowest possible, without compromising protection and performance, at the time of need.

LPI (LP Information)' newest research report, the “Soldier Modernization Industry Forecast” looks at past sales and reviews total world Soldier Modernization sales in 2022, providing a comprehensive analysis by region and market sector of projected Soldier Modernization sales for 2023 through 2029. With Soldier Modernization sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Soldier Modernization industry.

This Insight Report provides a comprehensive analysis of the global Soldier Modernization landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Soldier Modernization portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Soldier Modernization market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Soldier Modernization and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Soldier Modernization.

The global Soldier Modernization market size is projected to grow from US$ 10650 million in 2022 to US$ 12470 million in 2029; it is expected to grow at a CAGR of 2.3% from 2023 to 2029.

United States market for Soldier Modernization is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Soldier Modernization is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Soldier Modernization is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Soldier Modernization players cover BAE Systems, General Dynamics Corporation, Safran Group, Raytheon Company, Elbit Systems Ltd, Ceradyne, Rheinmetall Defense, Thales Group and FLIR Systems Inc, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Soldier Modernization market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    C4ISR
    Lethality
    Survivability
    Sustainability
    Mobility

Segmentation by application
    Army
    Navy
    Air Force

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    BAE Systems
    General Dynamics Corporation
    Safran Group
    Raytheon Company
    Elbit Systems Ltd
    Ceradyne
    Rheinmetall Defense
    Thales Group
    FLIR Systems Inc
    Harris Corporation