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

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

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

Please note: The report will take approximately 2 business days to prepare and deliver.