Market Overview:
The global soldier modernization market is estimated to be valued at US$ XX million in 2018 and is projected to reach US$ XX million by 2030, at a CAGR of X.X%, during the forecast period. The increasing demand for advanced weapons and equipment for soldiers across the globe is expected to drive the growth of the soldier modernization market. Based on type, the soldier modernization market has been segmented into C4ISR, lethality, survivability, sustainability, and mobility. The C4ISR segment is projected to lead the soldier modernization market during the forecast period owing to its ability to provide enhanced situational awareness and battlefield management capabilities.
Product Definition:
The term soldier modernization is used to describe the ongoing efforts of the United States Department of Defense to improve the capabilities of its soldiers. The importance of soldier modernization lies in its ability to enhance the effectiveness and efficiency of America's military forces.
C4ISR:
C4ISR is the new term that refers to command, control, communications, computers, intelligence and surveillance and reconnaissance. It's an integral part of military operations as it enables a commander to obtain information in the form of data from various sources such as sensors and unmanned aerial vehicles. The technology helps in decision making for any mission or operation by providing accurate information related to enemy strength etc.
The global C4ISR market size was valued at USD 20 billion in 2015.
Lethality:
Lethality is the degree to which a weapon can be made to kill or wound a person with one blow. The lethality of a weapon is determined by the force required to penetrate body armor, wounds caused by bullets, and other factors. There are three levels of lethality: non-lethal, semi- lethal, and lethal.
Application Insights:
The application segment of the global soldier modernization market is categorized into Army, Navy, and Air Force. The Army application dominated the overall market in 2017 with a share of over 60% in terms of revenue. This high share is attributable to factors such as extensive usage of UAVs and ground robots for surveillance and reconnaissance operations across the globe coupled with an increase in spending on advanced weapons systems by governments worldwide for their use by soldiers on battlefields.
UAVs are increasingly used for long-range surveillance & reconnaissance missions owing to their ability to cover large areas quickly while remaining undetected by enemy forces.
Regional Analysis:
North America dominated the global soldier modernization market in 2016. The U.S. is at the forefront of this regional market and holds a considerable share owing to its high investments in defense equipment and its well-established military industrial complex, which caters to a large customer base across the globe with advanced products and services pertaining to soldier modernization requirements.
The Asia Pacific region is expected to witness significant growth over the forecast period owing to increasing geopolitical tensions between major economies such as China, India, Japan, North Korea, South Korea & Australia over one or more issues such as trade policy; foreign policy; national security; cyber-attacks etc.
Growth Factors:
- Increasing demand for advanced and customized soldier systems from militaries across the globe
- Rising investments by governments in soldier modernization programs
- Proliferation of asymmetric warfare and terrorism threats worldwide
- Growing need for enhanced situational awareness and battlefield intelligence among soldiers
- Emergence of next-generation technologies such as artificial intelligence, robotics, and nanotechnology that can be integrated into soldier systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Soldier Modernization Market Research Report
By Type
C4ISR, Lethality, Survivability, Sustainability, Mobility
By Application
Army, Navy, Air Force
By Companies
BAE Systems, General Dynamics Corporation, Safran Group, Raytheon Company, Elbit Systems Ltd, Ceradyne, Rheinmetall Defense, Thales Group, FLIR Systems Inc, Harris Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Soldier Modernization Market Report Segments:
The global Soldier Modernization market is segmented on the basis of:
Types
C4ISR, Lethality, Survivability, Sustainability, Mobility
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Army, Navy, Air Force
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BAE Systems
- General Dynamics Corporation
- Safran Group
- Raytheon Company
- Elbit Systems Ltd
- Ceradyne
- Rheinmetall Defense
- Thales Group
- FLIR Systems Inc
- Harris Corporation
Highlights of The Soldier Modernization Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- C4ISR
- Lethality
- Survivability
- Sustainability
- Mobility
- By Application:
- Army
- Navy
- Air Force
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Soldier Modernization Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Soldier modernization is a term used to describe the process of upgrading or modernizing the military equipment and capabilities of soldiers in order to better meet current and future battlefield challenges.
Some of the major players in the soldier modernization market are BAE Systems, General Dynamics Corporation, Safran Group, Raytheon Company, Elbit Systems Ltd, Ceradyne, Rheinmetall Defense, Thales Group, FLIR Systems Inc, Harris Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Soldier Modernization Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Soldier Modernization Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Soldier Modernization Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Soldier Modernization Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Soldier Modernization Market Size & Forecast, 2018-2028
4.5.1 Soldier Modernization Market Size and Y-o-Y Growth
4.5.2 Soldier Modernization Market Absolute $ Opportunity
Chapter 5 Global Soldier Modernization Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Soldier Modernization Market Size Forecast by Type
5.2.1 C4ISR
5.2.2 Lethality
5.2.3 Survivability
5.2.4 Sustainability
5.2.5 Mobility
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Soldier Modernization Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Soldier Modernization Market Size Forecast by Applications
6.2.1 Army
6.2.2 Navy
6.2.3 Air Force
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Soldier Modernization Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Soldier Modernization Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Soldier Modernization Analysis and Forecast
9.1 Introduction
9.2 North America Soldier Modernization Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Soldier Modernization Market Size Forecast by Type
9.6.1 C4ISR
9.6.2 Lethality
9.6.3 Survivability
9.6.4 Sustainability
9.6.5 Mobility
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Soldier Modernization Market Size Forecast by Applications
9.10.1 Army
9.10.2 Navy
9.10.3 Air Force
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Soldier Modernization Analysis and Forecast
10.1 Introduction
10.2 Europe Soldier Modernization Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Soldier Modernization Market Size Forecast by Type
10.6.1 C4ISR
10.6.2 Lethality
10.6.3 Survivability
10.6.4 Sustainability
10.6.5 Mobility
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Soldier Modernization Market Size Forecast by Applications
10.10.1 Army
10.10.2 Navy
10.10.3 Air Force
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Soldier Modernization Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Soldier Modernization Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Soldier Modernization Market Size Forecast by Type
11.6.1 C4ISR
11.6.2 Lethality
11.6.3 Survivability
11.6.4 Sustainability
11.6.5 Mobility
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Soldier Modernization Market Size Forecast by Applications
11.10.1 Army
11.10.2 Navy
11.10.3 Air Force
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Soldier Modernization Analysis and Forecast
12.1 Introduction
12.2 Latin America Soldier Modernization Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Soldier Modernization Market Size Forecast by Type
12.6.1 C4ISR
12.6.2 Lethality
12.6.3 Survivability
12.6.4 Sustainability
12.6.5 Mobility
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Soldier Modernization Market Size Forecast by Applications
12.10.1 Army
12.10.2 Navy
12.10.3 Air Force
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Soldier Modernization Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Soldier Modernization Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Soldier Modernization Market Size Forecast by Type
13.6.1 C4ISR
13.6.2 Lethality
13.6.3 Survivability
13.6.4 Sustainability
13.6.5 Mobility
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Soldier Modernization Market Size Forecast by Applications
13.10.1 Army
13.10.2 Navy
13.10.3 Air Force
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Soldier Modernization Market: Competitive Dashboard
14.2 Global Soldier Modernization Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BAE Systems
14.3.2 General Dynamics Corporation
14.3.3 Safran Group
14.3.4 Raytheon Company
14.3.5 Elbit Systems Ltd
14.3.6 Ceradyne
14.3.7 Rheinmetall Defense
14.3.8 Thales Group
14.3.9 FLIR Systems Inc
14.3.10 Harris Corporation
