Soldier Systems Market by Type (Personal Protection, Respiratory Protective Equipment, Communication, Power & Data Transmission), End-User (Military, And Homeland Security) and Region - Global Forecast to 2027
The Soldier System Market is projected to grow from USD 10.4 Billion in 2022 to USD 12.8 Billion by 2027, at a CAGR of 4.4% during the forecast period.
The growth of the market is attributed to the increasing defense spending and the ongoing military modernization program worldwide to procure new system and upgrade the existing one.
Attractive Opportunities in Soldier System Market
Soldier Systems Market Forecast to 2027
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Soldier System Market Dynamics
Driver: Asymmetric warfare to encourage adoption of soldier system technologies
Asymmetrical warfare refers to conflicts between formal militaries and informal and less-equipped resilient opponents. The emergence of asymmetrical warfare can be attributed to various factors, such as alleged geopolitical conflicts in South Asian and Middle East countries. The increasing global instances of asymmetrical warfare have led countries to equip their infantry forces with advanced soldier system for identifying factors crucial for the success of ongoing missions due to less time required on battlefields. Companies dealing in soldier system focus on integrating these system with C4I technology to enhance soldiers’ situational awareness. Target is to enable soldiers to use information gathered from C4I technology at all command levels while planning and executing operations.
Restraint: Conventional warfare system to restrain growth of soldier system market.
An important factor restraining market growth is the increased financial instability in emerging economies. Higher inflation and low GDP compel developing countries, such as the Philippines, South Africa, and Sudan, to procure more conventional warfare system rather than spending on advanced soldier system. These countries procure basic warfare capabilities, such as armored vehicles, ships, and combat aircraft, and do not spend much on advanced technologies for developing next-generation soldier system. Growing economic concerns have resulted in a significant decline in these countries’ defense budgets and spending, hampering the Soldier System Industry growth.
Opportunity: Integrating nanotechnology into soldier subsystem to fuel market growth.
The increasing global incidences of asymmetric warfare have led to the development of system that protect soldiers against highly lethal ammunition and multiple strikes without compromising operational effectiveness. Bulletproof jackets and vests protect soldiers against medium- and low-energy small arms. However, the defense forces of various countries develop and create materials that are similar or superior to ballistic materials along with more flexibility and lesser thickness compared to the currently used Kevlar fabric and its other forms for manufacturing bulletproof jackets and vests. The advent of nanotechnology has made it possible to create flexible armor for soldiers by combining Kevlar fabric with shear thickening fluid (STF). The requirement for lightweight, flexible, and antiballistic textiles has led to the use of nanofibers and nanocomposite material in manufacturing armor for soldiers. These textiles protect soldiers against chemical and biological attacks, can self-decontaminate, and offer switchable camouflage patterns. Nanocomposites comprise matrix materials, usually polymers, by dispersing nanoparticles/fibers. These composites provide enhanced thermal, mechanical, and electrical properties to textiles used to manufacture soldiers’ armor. Researchers have developed a carbon nanotube (CNT)-coated smart yarn that conducts electricity. This yarn can be woven into textiles used for manufacturing soldiers’ clothing to detect their blood pressure or monitor their health. These technologies are useful in cases where wounded soldiers cannot send messages for medical assistance. In such cases, smart clothing detects the presence of albumin in the blood and sends distress signals through radio communication devices.
Challenge: Need for weight reduction on soldiers to challenge manufacturers of soldier system
Reducing the weight on soldiers without compromising their protection and combat performance is a major challenge for manufacturers of different components and subsystem of soldier system. Modernizing soldier system to protect, mobilize, and empower soldiers has resulted in an exponential increase in the total weight of these system. The combined weight of soldier system prevents troops from being agile, mobile, and effective. It even risks their lives as soldiers avoid carrying the lifesaving equipment due to its heavy weight. Defense agencies worldwide source and integrate the most affordable and lightweight soldier equipment with new and advanced technologies to reduce the weight burden on defense personnel. For instance, the US, through its Nett Warrior program, is making substantial progress in reducing the load carried by soldiers on battlefields while ensuring they are equipped with next-generation capabilities. The UK Ministry of Defence plans to reduce the load on soldiers from 70 kilograms to less than 25 kilograms under its Reducing the Burden on the Dismounted Soldier (RBDS) program. Defense ministries worldwide fund various R&D projects to reduce the weight and power consumption of equipment carried by soldiers on battlefields to counter this challenge.
Soldier System Market Ecosystem
Prominent companies in this market include well-established, financially stable manufacturers of soldier system. These companies have been operating in the market for several years and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks. Elbit System Ltd. (Israel), Rheinmetall AG (Germany), Saab AB (Sweden), Thales Group (France), BAE System plc (UK), and Aselsan A.S. (Turkey) are the key players in this market.
Vision segment to dominate market share during the forecast period
Based on Type, the Soldier System market has been segmented into personal protection, respiratory protective equipment (RPE), communication, power & transmission, surveillance & target acquisition, navigation & health monitoring, vision, exoskeleton, and training & simulation. The Vision segment is expected to increase significantly in the upcoming years. The soldier modernization programs around the world are integrating the various advanced vision system with soldier wearables as to enhance the overall operational efficiency of the soldiers.
Military segment to lead the market for Soldier System during the forecast period
Based on End User, the Soldier System market has been segmented into Military and Homeland Security. This segment growth can be attributed to the increased deployment of soldier system in the military to ensure improved communication, enhanced navigation, and efficient situational awareness. The long operational duration results in severe mental and physical exhaustion, affecting the efficacy of the land forces; hence, soldier system are being adopted to monitor the vitals of the military personnel and the occurrence of factors that may lead to stress and critically affect the operational capabilities of the personnel.
Northh America is projected to witness the highest market share during the forecast period
North America leads the Soldier System market. The demand for soldier system worldwide is now driven by technological advancements such as exoskeletons, smart fabrics, power & energy management, and communication & computing. The increasing necessity of governments in the area to counter the rising instances of terrorist attacks and continual military equipment modernization initiatives in the region are driving major regional defense manufacturers to produce technologically advanced soldier system. For instance, the US Army has implemented a new AR heads-up display technology that simulates modern fighting in the first person. Increased deployment of soldier system across the military sector is expected to benefit the soldier system market during the forecast period.
Soldier Systems Market by Region
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Key Market Players
Major players operating in the Soldier System Companies include BAE System plc (UK), Aselsan A.S. (Turkey), Elbit System Limited (Israel), Teledyne FLIR LLC (US), and General Dynamics Corporation (US) and among others.
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Scope of the Report
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Report Metric |
Details |
Growth Rate |
4.4% |
Estimated Market Size in 2022 |
USD 10.4 Billion |
Projected Market Size in 2027 |
USD 12.8 Billion |
Market size available for years |
2018-2027 |
Base year considered |
2021 |
Forecast period |
2022-2027 |
Forecast units |
Value (USD Million/Billion) |
Segments Covered |
By End User, By Type, and By Region |
Geographies Covered |
North America, Asia Pacific, Europe, Middle East, Rest of the World |
Companies Covered |
BAE Systems plc, Aselsan A.S., Elbit Systems Ltd., General Dynamics Corporation, Teledyne FLIR LLC, Bionic Power Inc., L3Harris Technologies, Inc., Leonardo S.p.A., Lockheed Martin Corporation, Rheinmetall AG, Northrop Grumman Corporation,among others. |
Soldier Systems Market Highlights
This research report categorizes the Soldier system market based on Type, End User, and Region.
Segment |
Subsegment |
Soldier system Market, By Type |
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Soldier system Market, By End User |
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Soldier system Market, By Region |
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Recent Developments
- In June 2022, Elbit System Ltd, unveils an innovative technological vision suite for military helicopters (a fifth-generation aircraft technology). The new suite integrates a sophisticated sensor array, an artificial intelligence (AI)-powered mission computer and a unique helmet-mounted display (HMD) system.
- In May 2022, BAE System plc, SIIDAS delivers network-centric warfare (a capable, highly effective aircraft self-protection system) and an unparalleled degree of situational awareness to pilots by integrating commercial electronic warfare (EW) sensors, countermeasures, and intelligent suite control.
Frequently Asked Questions (FAQ):
What are your views on the growth prospect of the Soldier System market?
Factors such as the emphasis on improving troops' situational awareness on the battlefield and the increased incidences of asymmetric warfare are positively driving the growth of the soldier system market. Furthermore, rising defence spending, particularly in emerging economies, and consequent expenditures in purchasing such system drive market growth. However, obstacles such as procurement process delays limit market growth to some extent, while lowering the weight of army system is a major challenge for industry participants. Meanwhile, increased terrorist attacks and a focus on counter-operations, as well as troop modernization initiatives launched by numerous governments throughout the world, provide significant growth potential for the soldier system industry. Companies are likewise eager to provide an integrated solution that spans numerous system.
What are the key sustainability strategies adopted by leading players operating in the Soldier System market?
Key players have adopted various organic and inorganic strategies to strengthen their position in the Soldier System market. The major players include BAE System plc (UK), Aselsan A.S. (Turkey), Elbit System Limited (Israel), Teledyne FLIR LLC (US), and General Dynamics Corporation (US) and among others. These players have adopted various strategies, such as acquisitions, contracts, expansions, new product launches, and partnerships & agreements, to expand their presence in the market.
What are the new emerging technologies and use cases disrupting the Soldier System market?
Some of the major emerging technologies and use cases disrupting the market include the Utilization of optical detection system, infrared cameras, laser range finders, exoskeletons, and respiratory protective gears.
Who are the key players and innovators in the ecosystem of the Soldier System market?
The key players in the Soldier System market include BAE System plc (UK), Aselsan A.S. (Turkey), Elbit System Limited (Israel), Teledyne FLIR LLC (US), and General Dynamics Corporation (US).
Which region is expected to hold the highest market share in the Soldier System market?
The Soldier System market in North America is projected to hold the highest market share during the forecast period due to the demand for technologically advanced military equipment.
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The study involved four major activities in estimating the current market size for the soldier system market. Exhaustive secondary research was conducted to collect information on the market, the peer markets, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg, BusinessWeek, and different magazines, were referred to identify and collect information for this study. Secondary sources also included annual reports, press releases & investor presentations of companies, certified publications, articles by recognized authors, and simulator databases.
Primary Research
The soldier system market comprises several stakeholders, such as raw material providers, soldier system manufacturers and suppliers, and regulatory organizations in the supply chain. While the demand side of this market is characterized by various end users, the supply side is characterized by technological advancements in actuator technologies. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:
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Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the Soldier system market. These methods were also used extensively to estimate the size of various subsegments of the market. The research methodology used to estimate the market size includes the following:
- Key players in the industry and markets were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Market Size Estimation Methodology: Bottom-up Approach
The bottom-up approach was employed to arrive at the overall size of the soldier systems market from the demand for such systems and components by end users in each country, and the average cost of integration for both brownfield and greenfield. These calculations led to the estimation of the overall market size.
Market Size Estimation Methodology: Top-down Approach
Data Triangulation
After arriving at the overall market size-using the market size estimation process explained above-the market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both the demand and supply sides of the soldier system market.
Report Objectives
- To identify and analyze key drivers, restraints, challenges, and opportunities influencing the growth of the Soldier system market
- To analyze the impact of macro and micro indicators on the market
- To forecast the market size of segments for five regions, namely, North America, Europe, Asia Pacific, Middle East, and Rest of the World along with major countries in each of these regions
- To strategically analyze micro markets with respect to individual technological trends, prospects, and their contribution to the overall market
- To strategically profile key market players and comprehensively analyze their market ranking and core competencies
- To provide a detailed competitive landscape of the market, along with an analysis of business and corporate strategies, such as contracts, agreements, partnerships, and expansions.
- To identify detailed financial positions, key products, unique selling points, and key developments of leading companies in the market
Available Customizations
Along with the market data, MarketsandMarkets offers customizations as per the specific needs of companies. The following customization options are available for the report:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Regional Analysis
- Further breakdown of the market segments at country-level
Company Information
- Detailed analysis and profiling of additional market players (up to 2)
Growth opportunities and latent adjacency in Soldier Systems Market
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