Soldier System Market Outlook, Trends, Analysis & Region and Country Forecast To 2027
Soldier System Market is forecasted to be worth USD 15.19 billion by 2027. The Soldier System report additionally covers the scope of individual applications and types in every region. The report additionally covers information about manufacturing and intake patterns, technological developments, revenue boom, marketplace size, market share, key trends and needs influencing market boom in the region, and robust presence of key players in the region.
The key factors influencing the market include increasing usage of battlefield intelligence, rising demand for cyber security in military & defense intelligence involving the data breaches from the confidential governing bodies, rising threats & tensions in asymmetric welfare, and growing investment in the defense bodies & foreign intelligence platforms, among others.
Besides, extensive emphasis on the common operating picture (COP) of the military operations, and higher capabilities of information dominance, battlefield awareness, and decision advantages of the next generation machineries & information technology pertaining to surveillance & reconnaissance, cyber security & data warfare especially, are the crucial reasons behind the enormous growth of this market.
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Further key findings from the report suggest
In May 2020, BAE Systems announced the completion of the accusation of the business of Airborne Tactical Radios of Raytheon Technologies Corporation. This acquisition will help deliver game-changing electronic mission and control solutions for their customers.
The Defense Intelligence is growing with the fastest CAGR of 6.3% throughout the projected period owing to its higher incorporation of intelligence protocols, including the nextgen communication, surveillance, reconnaissance, information fusion & data analytics, electronic welfare & spectrum dominance, and cyber control systems, among others.
The regions in the Asia Pacific lead by China, India, Japan, and South & North Korea are allotting a considerable budget for their defense grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric welfare, along with a higher economic development, enhancement in the technological industry deliberately help propel the Soldier System market enforcement.
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Report Objective:
The report offers a complete analysis of the global Soldier System market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. The Boeing Company, BAE Systems, Lockheed Martin, Rockwell Collins, Elbit Systems, Northrop Grumman, Thales Group, Leonardo S.p.A., Raytheon Company, and General Dynamics, among others. and others are some of the top companies profiled in the report.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
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For the purpose of this report, Emergen Research has segmented into the global Soldier System Market on the basis of Application, Platform, Component, Technology, and Region:
Application Outlook (Revenue: USD Billion; 2017-2027)
Personal Protection
Navigation & Imaging System
Communication & Networking System
Surveillance & Reconnaissance
Intelligence & Data Warfare
Combat Simulation, Training & Health Monitoring
Others
Platform Outlook (Revenue: USD Billion; 2017-2027)
Land
Airborne
Naval
Joint
Space
Component Outlook (Revenue: USD Billion; 2017-2027)
Hardware Devices
Software
Display Devices
Imaging Devices
Night Vision Devices
Tracking Devices
Wired Communication Devices
Wireless Communication Devices
Identification Friend or Foe (IFF)
Others
Technology Outlook (Revenue: USD Billion; 2017-2027)
Artificial Intelligence
3D Printing
Internet of Things
Wearable Devices
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report addresses the following key points:
The report provides a forecast of market drivers, restraints, and future opportunities for the Soldier System market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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