Market Highlights
Soldier systems are equipment which enhances the operational capabilities of soldiers during combat. These systems are widely being procured by various defense organizations around the world. The systems cover everything from small wearables such as scopes to large portable devices such as Radars and Jammers. Soldier systems finds huge application in the defense sector as well as in the law enforcement agencies. However, the system components vary form one end-user to another.
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Key Players
The key players in the Global Soldier Systems Market are Aselsan AS (Turkey), BAE Systems plc (UK), Elbit Systems Ltd. (Israel), General Dynamics Corporation (US), Harris Corporation (US), Leonardo S.p.A (Italy), Rheinmetall AG (Germany), Saab AB (Sweden), Thales SA (France), and United Technologies Corporation (US).
Industry Segment
Global Soldier Systems Market has been segmented based on type, end-user, and region.
Based on end-user, the Soldier Systems Market is divided into national defense and public security. The national defense segment is estimated to account for the largest market share while the public security segment is projected to witness a higher CAGR during the forecast period. The public security segment covers the market for soldier systems used by law enforcement agencies and other special forces. Nowadays, public safety sector requires these soldier systems to ensure safety of the personnel.
Based on region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. In 2017, North America accounted for the largest market share, whereas, Asia-Pacific is projected to be the fastest-growing regional market during the review period. This growth can be attributed to the increasing demand for all the above-mentioned systems in countries such as China, and India owing to factors such as border conflicts, terrorist issues among others.
List of Tables
Table 1 Global Soldier Systems Market, By Region, 2018–2023
Table 2 North America: Soldier Systems Market, By Country, 2018–2023
Table 3 Europe: Soldier Systems Market, By Country, 2018–2023
Table 4 Asia-Pacific: Soldier Systems Market, By Country, 2018–2023
Continued……
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