Soldier System Market by Sub-System, Application, Material & Region - Global Forecast to Reach $7 Billion by 2021 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Soldier System Market - Global Forecast to 2021" report to their offering.

The soldier systems market is projected to grow from USD 5.57 billion in 2016 to USD 7.31 billion by 2021, at a CAGR of 5.60% between 2016 and 2021. The market for soldier system is driven by factors, such as increasing incidences of asymmetric warfare, number of cross-border disputes, and increasing investment in soldier modernization programs.

However, decline in defense budgets in developed countries such as U.S. and U.K. could act as a major restraint for soldier systems market.

On the basis of subsystem, helmet is expected to be the largest segment of the market in 2021. Helmet is widely used by military forces and has modern applications, such as night vision, target acquisition, tracking, and surveillance. Defense companies have developed advanced combat helmet, which enhances situational awareness of the soldier and improve their communication with commander and other group members.

Europe is estimated to dominate the soldier systems market during the forecast period. Russia is estimated to be the largest market for soldier system in Europe in 2016, primarily owing to the increasing incidences of armed conflicts and cross-border disputes in the country. Russia has initiated the RATNIK program, which is one of the most advanced programs for the development of soldier systems across the globe.

Companies Mentioned:

  • Bae Systems PLC
  • Elbit Systems, Ltd.
  • FLIR Systems, Inc.
  • General Dynamics Corporation
  • Harris Corporation
  • L-3 Warrior Systems
  • Northrop Grumman Corporation
  • Rheinmetall AG
  • Rockwell Collins, Inc.
  • Thales Group

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Soldier Systems Market, By Application

8 Soldier Systems Market Size, By Subsystems

9 Soldier Systems Market, By Material

10 Region Analysis

11 Competitive Landscape

12 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/b35ft5/soldier_system

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Infantry Weapons and Equipment

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Infantry Weapons and Equipment