Soldier Systems

Soldier Systems

Global Soldier Systems Market to Reach $18.2 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Soldier Systems estimated at US$12.1 Billion in the year 2022, is projected to reach a revised size of US$18.2 Billion by 2030, growing at aCAGR of 5.3% over the period 2022-2030. Communication Systems, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$5.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Protection Systems segment is readjusted to a revised 6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 4.8% CAGR
The Soldier Systems market in the U.S. is estimated at US$3.6 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2030 trailing a CAGR of 4.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

Select Competitors (Total 42 Featured) -

• Aselsan A.S.
• BAE Systems PLC
• Elbit Systems Ltd.
• FLIR Systems, Inc.
• General Dynamics Corporation
• Harris Corporation
• Leonardo SpA
• Northrop Grumman Corporation
• Rheinmetall AG
• Rockwell Collins, Inc.
• SAAB AB
• Safran Group
• Thales Group
• Ultra Electronics Holdings PLC
• Warrior Sensor Systems

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