Soldier System Market Size, Share, and Russia-Ukraine War Impact Analysis, By Application (Computers and Intelligence, Communication, Command and Control, and Others), By End User (Military, Law Enforcement, Special Forces Organizations, and Others), By Components (Recce Equipment, Weapon Accessory Equipment, Command Equipment, Clothing, Protection and Carrying Equipment, and Others), and By Region (North America, Europe, Asia-Pacific, Middle-East and Africa, and Rest of the World), and Regional Forecast, 2024-2032

The Soldier System Market is experiencing rapid growth, driven by advancements in technology and increasing defense budgets globally. A soldier system refers to the accessories and equipment designed for a soldier to help increase their safety and capabilities on the battlefield. The systems are designed to increase the technological advantage in modern warfare, and are becoming an increasingly becoming a crucial aspect of militaries across the globe.

The soldier system market is driven by the need for modernization of military and homeland security. Increasing military expenditure is also boosting the market. For instance, the U.S. military budget was USD 842 Billion in 2023, which was an increase of USD 127 billion, compared to the 2022 budget of USD 715 billion.Rising geo-political conflicts, and protests and riots are factors positively contributing to the market.

A soldier systems is primarily used for dismounted troops, i.e., troops that travel on foot. A soldier systems is employed to increase the lethality, sustainability, mobility, and survivability of troops on the battlefield. The system gives the soldier enhanced C4I (Communications, Command and Control, and Computers and Intelligence) capability. Such systems are primarily employed in militaries and homeland security agencies. A soldier system comprises of various sub-systems and components, such as communication equipment, reconnaissance equipment, weapon and weaponry equipment, and other components.

Market restraints include the high cost associated with the development of the technology. Soldier systems require power to operate, and the user has to carry an additional battery pack to support the system. Political instabilities are also a negatively impacting factor, as the development programs for such systems also get affected.

Impact of the Russia-Ukraine War on the Global Market:

The Russia-Ukraine War has positively impacted the soldier system market. Since its beginning in early 2022, the war has seen significant military investments from both sides. Both nations have been working on their military capabilities, and improving the safety of their units. This boosted the research of the systems in other nations as well. External aid to Ukraine has also helped the market grow. For instance, U.K. has provided over 200,000 items of non-lethal aid, including body armour, helmets, night vision equipment, and other equipment. Overall, the war has had a major contribution towards the growth of the market in a year, and is further expected to accelerate the growth in the future.

The global soldier system market can be segmented into three broad categories- by Application, by End User, and by Component. Based on the application of the system, the market is divided into Computers and Intelligence, Communication, Command and Control and Others. Based on the end user, the market is divided into Military, Law Enforcement, Special Forces Organization, and Others. Based on the components of the system, the market is divided into Recce Equipment, Weapon Accessory Equipment, Weapons, Command Equipment, Clothing, Protection, and Carrying Equipment, and Others. Based on the region, the market is divided into North America, Europe, Asia-Pacific, Middle-East and Africa, and the Rest of the World.

Key Insights:

The report will describe the following key insights:

• The report analyzes a detailed industry overview, including qualitative and quantitative information.


• The report analyzes an overview and forecast of the Global soldier system market based on various segments.


• The report also analyzes comprehensive PEST analysis for all four regions, i.e. North America, Europe, Asia-Pacific, Middle-East and Africa, and the Rest of the World, after evaluating economic, social, political, and technological factors affecting the global soldier system industry in these regions.

Regional Soldier System Market Analysis:

North America is a major hub for the market. The nations in the region are increasing their focus on modernizing their existing military capabilities, and this includes the addition of Soldier Systems. The presence of big players in the area such as Lockheed Martin Corporation and Northrop Grumman Corporation, and the large military expenditure in the region contributes towards the region’s importance in the market.

The Asia-Pacific region is projected to contribute more towards the market in the future. Territorial conflicts are increasing in the region, leading to countries investing in their militaries. India, China, South Korea, and other nations are focusing more on upgrading their military capabilities and safety. The setting up of new hubs for the development of these systems, and the emergence of new market players, will aid the growth of the market in the region.

Key Players Covered:

• Raytheon Technologies


• Lockheed Martin Corporation


• Saab AB


• BAE Systems


• Thales Group


• Northrop Grumman Corporation


• SAFRAN


• Elbit Systems Ltd.


• Rheinmetall AG

Segmentation:

Key Industry Developments:

• In January 2023, Rheinmetall AG received a contract from the German Bundeswehr. The contract includes Rheinmetall supplying 14 Future Soldier-Extended Systems, which will equip 476 soldiers. The system consists of a networked warfare loop, and a faster target engagement which will benefit soldiers in the battlefield.


• In December 2022, the U.S. Army Natick Soldier Systems Center (under U.S. Department of Defence) secured USD 9.95 Million for three projects. Of the total funding, USD 2.89 Million was for the advancement of the military exoskeleton technology project. Other projects included repair and build of Doriot 2 chambers and a small digital twin for robotic and sensor systems integration project.