Market Research Report

The Global Soldier Modernization Market 2012-2022 - Market Size and Drivers: Market Profile

cover Published by ICD Research
Published Product code 247931
Content info Pages: 38
Price

Introduction

Description

Synopsis

This report provides readers with a comprehensive analysis of the Soldier Modernization market through 2011-2021, including highlights of the demand drivers and growth stimulators for Soldier Modernization. It also provides an insight on the spending pattern and modernization pattern in different regions around the world.

Summary

The global Soldier Modernization market is estimated to value US$6.4 billion in 2012 and increase at a CAGR of 3.07% during the forecast period to reach its peak of US$8.7 billion by 2022.

Reasons To Buy

"The Global Soldier Modernization Market 2012-2022 - Market Size and Drivers" allows you to:

  • Gain insight into the Soldier Modernization market with current and forecast market values.
  • Understand the key drivers and attractiveness parameters of the global Soldier Modernization market.
  • Understand the various factors impacting the growth of the Soldier Modernization market.

Table of Contents

Table of Contents

1 Introduction

  • 1.1 What is this Report About?
  • 1.2 Definitions
  • 1.3 Summary Methodology
  • 1.4 About Strategic Defence Intelligence (www.strategicdefenceintelligence.com)

2 Global Soldier Modernization Market Size and Drivers

  • 2.1 Soldier Modernization Market Size and Forecast 2012-2022
    • 2.1.1 Global soldier modernization market to show positive growth during the forecast period
  • 2.2 Global Soldier Modernization Market - Regional Analysis
    • 2.2.1 North America dominates the global soldier modernization market
    • 2.2.2 Demand for C4ISR and mobility capabilities in the US to support the global soldier modernization market
    • 2.2.3 Soldier modernization market to be robust in Europe due to need for improving operational capabilities of soldiers
    • 2.2.1 Soldier modernization market expected to grow at a CAGR of 4.97% in the Asia-Pacific region
    • 2.2.2 Soldier modernization market in the Middle East to increase during the forecast period
    • 2.2.3 Brazil expected to be the highest spender in the soldier modernization sector in the Latin American region
    • 2.2.4 Markets in Africa expected to increase over the forecast period
  • 2.3 Soldier Modernization Sub-Sector Market Size Composition
    • 2.3.1 C4ISR based soldier modernization systems to record strong CAGR growth
    • 2.3.2 Lethality based equipment expected to constitute the second largest segment in the soldier modernization market
    • 2.3.3 Market size of mobility based soldier modernization equipment expected to rise at a CAGR of 3.20% during forecast period
    • 2.3.4 Market for survivability based soldier modernization equipment is expected to increase and reach US$1.1 billion by 2022
    • 2.3.5 Market for sustainability based soldier modernization systems expected to grow at a CAGR of 16.64% during the forecast period
  • 2.4 Demand Drivers and Growth Stimulators
    • 2.4.1 Rapid development in soldier modernization technology
    • 2.4.2 Focus of governments on high growth sectors such as C4ISR, Cyber warfare and Soldier Modernization
    • 2.4.3 Decrease in troop numbers and focus on effectiveness
  • 2.5 Defense Budget Spending Review
    • 2.5.1 European capital expenditure expected to increase during the forecast period
    • 2.5.2 Asian defense budgets expected to increase at a robust pace
    • 2.5.3 North American defense expenditure projected to decline marginally during the forecast period
    • 2.5.4 Modernization programs likely to drive defense expenditure in South American countries
    • 2.5.5 Military budgets of African countries expected to increase during the forecast period
    • 2.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period
  • 2.6 Defense Modernization Review
    • 2.6.1 Financial constraints causing delays in European defense modernization programs
    • 2.6.2 Defense budgets of Asian countries likely to be driven by competitive arms acquisitions
    • 2.6.3 Global economic slowdown leading to defense budget cuts in the North American region
    • 2.6.4 Need to replace aging equipment driving South American defense expenditure
    • 2.6.5 Security threats increasing the defense budget of African countries
    • 2.6.6 Demand for air defense systems is likely to increase in the Middle East

3 Appendix

  • 3.1 Methodology
  • 3.2 Contact us
  • 3.3 About SDI
  • 3.4 Disclaimer

List of Tables

  • Table 1: Global Soldier Modernization Market Overview
  • Table 2: Global Soldier Modernization Market Overview

List of Figures

  • Figure 1: Global Soldier Modernization Market (US$ Billion), 2012-2022
  • Figure 2: Soldier Modernization Market Breakdown by Region (%), 2012-2022
  • Figure 3: North American Soldier Modernization Market (US$ Billion), 2012-2022
  • Figure 4: European Soldier Modernization Market (US$ Billion), 2012-2022
  • Figure 5: Asia-Pacific Soldier Modernization Market (US$ Billion), 2012-2022
  • Figure 6: Middle East Soldier Modernization Market (US$ Million), 2012-2022
  • Figure 7: Latin American Soldier Modernization Market (US$ Million), 2012-2022
  • Figure 8: African Soldier Modernization Market (US$ Million), 2012-2022
  • Figure 9: Soldier Modernization Market Breakdown by Segment (%), 2012-2022
  • Figure 10: Lethality based Soldier Modernization Market Size (US$ Billion), 2012-2022
  • Figure 11: Mobility Based Soldier Modernization Market Size (US$ Million), 2012-2022
  • Figure 12: Survivability based Soldier Modernization Market Size (US$ Million), 2012-2022
  • Figure 13: Sustainability based Soldier Modernization Market Size (US$ Million), 2012-2022
  • Figure 14: Defense Capital Expenditure of Top Three European Defense Spenders (US$ Billion), 2011-2021
  • Figure 15: Defense Capital Expenditure of Top Three Asian Defense Spenders (US$ Billion), 2011-2021
  • Figure 16: Defense Capital Expenditure of Top North American Defense Spenders (US$ Billion), 2011-2021
  • Figure 17: Defense Capital Expenditure of Top Three South American Defense Spenders (US$ Billion), 2011-2021
  • Figure 18: Defense Capital Expenditure of Top Three African Countries (US$ Billion), 2011-2021
  • Figure 19: Defense Capital Expenditure of Top Three Middle Eastern Defense Spenders (US$ Billion), 2011-2021

The Global Soldier Modernization Market 2012-2022 - Market Size and Drivers: Market Profile published by ICD Research in August 4, 2012. This report consists of Pages: 38 and the price starts from US $ 1250.

Press Release

Global Soldier Modernization Market Expect to Increase at 3.07% CAGR Through 2022

October 23rd, 2012

Global Information Inc. would like to present a new market research report, "The Global Soldier Modernization Market 2012-2022 - Market Size and Drivers: Market Profile" by ICD Research.

The soldier modernization market consists of five system categories: C4ISR based soldier modernization systems, Mobility based soldier modernization systems , Lethality based soldier modernization systems, Survivability based soldier modernization systems and Sustainability based soldier modernization systems. The value of the market is expected to increase at a CAGR of 3.07% during the forecast period (reference see graph below).

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Demand for technologically advanced soldier modernization equipment is anticipated to rise in the forecast period

The global defense industry is investing significantly in R&D in an effort to increase the capabilities of modern soldiers. This has led to the development of new and ground breaking soldier modernization technologies which have enhanced the survivability, lethality, mobility and equipment sustainability capabilities of the individual soldier. Current innovations are oriented towards integrating information flow from various command stations into a single module while incorporating the information provided by individual soldiers on the field so as to aid the decision making capabilities of infantry battalions. The highest defense spending countries are now focusing on building smaller infantries with enhanced survivability and lethality in order to derive maximum effectiveness from troop deployment. This has led countries like the US, the UK and France to invest in equipment such as Buffalo Mine Protected Clearance Vehicles, Vehicle Optics Sensor Systems (VOSS) and Joint Improvised Explosive Device Defeat Devices.

Defense budget cuts and the global economic crisis not expected to affect growth of the global soldier modernization market

The global economic slowdown has reduced the defense budgets of most leading spenders in the world, including the US, France, Germany and the UK. These countries have cut back spending in various defense sectors such as space, aircraft and vehicles. Conversely, they have diverted funds towards sectors where rapid technology development and deployment is possible such as soldier modernization, C4ISR and cyber warfare. High growth markets such as the BRIC nations have been formulating continuous programs to procure the latest soldier modernization systems and have been investing extensively on R&D for the past 5 years. With continuous evolution and technological developments taking place in the soldier modernization domain, this trend is expected to continue throughout the forecast period.

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