Rapid technology advancement in the soldier modernization domain has rendered earlier equipment obsolete. Advanced radio frequency (RF) and microwave technology in sensors, precision weapons and tactical communications have ushered in a new era in C4ISR soldier modernization equipment while the majority of expenditure on lethality based equipment is focused on developing combat overmatch capabilities for the individual soldier and small combat unit while reducing soldier load.

The mobility based segment has evolved rapidly over the years to facilitate functions of an armament carrier, logistics vehicle, ambulance, command and control (C2) vehicle, and as a platform for a wide variety of other army systems. Survivability and sustainability based soldier modernization systems are undergoing technological advancements and are expected to account for larger portions of the market in the future.

North America to continue to dominate the market

Despite budget cuts, North America is expected to account for the largest share of the total global expenditure on soldier modernization systems with a 33% share in the forecast period. High demand in the region is primarily driven by the country's procurement of latest technology in C4ISR and Mobility based soldier modernization systems.

Need for troops which are less in number but more effective

The leading military nations of the world have embarked upon a new strategy which envisages cutting down the number of troops while at the same time increasing the effectiveness of smaller, more mobile units. This vision has evolved gradually as major military nations have recognized the need to modernize their infantry in order to fight modern asymmetric warfare.

Very high demand for C4ISR, Mobility and Survivability based soldier systems

With the spread of more and more assymetric warfare around the globe, there has been a rise in demand for troop mobility and personnel protection systems such as fuel tank protection kits, force protection systems and components, situational awareness (ODS-SA) vehicles and mine resistant ambush protected (MRAP) vehicles.

Report Scope

"The Global Soldier Modernization Market 2012–2022" provides detailed analysis of the current industry size and growth expectations from 2012 to 2022, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.

This report is the result of ICD's extensive market and company research covering the global soldier modernization industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news

The report provides detailed analysis of the market for soldier modernization systems during 2012–2022, including the factors that influence why countries are investing or cutting defense expenditure. It provides detailed expectations of growth rates and projected total expenditure.

Companies profiled in this report include: Raytheon, Lockheed Martin, Boeing, BAE Systems, Rheinmetall Defence Electronics, Samsung Thales, Harris Corporation, General Dynamics, Cassidian, Safran Group, Rafael Advanced Defense Systems, SAIC, Elbit Systems, Bren-Tronics, EADS, ABSL Power Solutions, China North Industries Corporation (NORINCO).

Click for Report details:The Global Soldier Modernization Market 2012-2022