The soldier systems market has seen considerable growth due to a variety of factors.
•The market size of soldier systems has seen robust growth recently, predicted to increase from $11.88 billion in 2024 to $12.54 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.6%.
Factors contributing to the growth during the historic period encompass military modernization, medical progress, advancements in the field of materials science, the prevalence of terrorism and asymmetric warfare, as well as gulf wars and worldwide conflicts.
The soldier systems market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of soldier systems is predicted to undergo substantial growth in the following years. It's anticipated to escalate to "$15.51 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.5%.
The expected proliferation during this forecast period can be linked to the escalating attention towards urban warfare, increase in asymmetric warfare, the necessity for improved situational awareness, the shift towards network-centric warfare, and focus on non-lethal capabilities. The forecast period also encompasses significant trends like the integration of advanced technologies, equipment miniaturization, improved communication systems, an emphasis on survivability, as well as modular and customizable solutions.
The escalation in terrorist attacks is anticipated to catalyze the expansion of the soldier system market in the foreseeable future. Such attacks constitute unexpected violent assaults specifically targeting civilians, driven by political or religious motives. Soldier systems enhance crew life by combining protective clothing, personal electronic devices, and survival gear, thereby augmenting aircrew lethality, mission effectiveness, and safety. The escalating prevalence of terrorist attacks is widening the soldier system market and thus, boosting its demand. To illustrate, in February 2024, The Institute for Economics and Peace, an Australian-based global think tank, reported that terrorist attacks grew more lethal in 2023, with a death rate of 2.5 per attack, compared to 1.6 in 2022. Therefore, the escalating prevalence of terrorist attacks is fueling the growth of the soldier system market.
The soldier systems market covered in this report is segmented –
1) By Type: Protection, Communication, Power And Data Transmission, Surveillance And Target Acquisition, Navigation, Other Systems
2) By Component: Hardware Devices, Software, Display Devices, Imaging Devices, Night Vision Devices, Tracking Devices, Wired And Wireless Communication Devices, Personal Protection Kits, Identification Friend or Foe (IFF), Other Components
3) By Technology: Artificial Intelligence, 3D Printing, Internet of Things, Wearable Devices, Other Technologies
4) By End User: Military, Homeland Security
Subsegments:
1) By Protection: Personal Armor, Helmet Systems, Ballistic Shields, Load-Bearing Equipment
2) By Communication: Tactical Communication Systems, Integrated Communication Systems, Radio Systems, Intercom Systems
3) By Power and Data Transmission: Power Management Systems, Battery Systems, Energy Harvesting Systems, Data Transfer Systems
4) By Surveillance And Target Acquisition: Night Vision Systems, Thermal Imaging Systems, Targeting Systems, Unmanned Aerial Systems (UAS)
5) By Navigation: Global Positioning Systems (GPS), Inertial Navigation Systems, Land Navigation Systems, Geolocation Systems
6) By Other Systems: Soldier Monitoring Systems, Medical Systems, Training Systems, Maintenance Systems
The rising trend in the soldier systems market is the adoption of wearable technology and augmented reality, a trend major market players are capitalizing on. They are focusing on innovating these technologies to secure a strong position in the market. For instance, Elbit Systems Ltd., a defense and military electronics company based in Israel, launched an innovative helicopter vision suite for military pilots in July 2022. This suite includes a sophisticated sensor array, an AI-based mission computer X-Sight HMD system, and a unique Helmet Mounted Display (HMD) system. The Artificial Intelligence-enabled mission computer merges sensor data, inbuilt maps, and data related to flight and mission. It presents a live color image with an upper layer of augmented reality, illustrating potential obstacles, threats, the flight route and additional flight and mission information, on the X-Sight HMD's visor.
Major companies operating in the soldier systems market include:
• Safran SA
• Leonardo S.p.A.
• Rheinmetall AG
• L3Harris Technologies Inc.
• Lockheed Martin Corporation
• Saab AB
• Aselsan Elektronik Sanayi ve Ticaret A.S.
• Elbit Systems Ltd.
• General Dynamics Corporation
• Thales Group
• Teledyne Technologies Inc.
• Inova Design Solutions LLC
• The Boeing Company
• Northrop Grumman Corporation
• Avon Protection plc
• Banc 3 Technologies
• Inc.
• Inmarsat Global Limited
• Metravib Defense SA
• Teldat Group
• S.A.
• Textron Systems Corporation
• Raytheon Technologies Corporation
• BAE Systems plc
• Harris Corporation
• Leidos Holdings Inc.
• KBR Inc.
• CACI International Inc.
• QinetiQ Group plc
• Cobham plc
• Ultra Electronics Holdings plc
• Chemring Group plc
• Hanwha Corporation
• Bharat Electronics Limited
• Israel Weapon Industries Ltd.
• ST Engineering
• RUAG AG
• Nexter Systems
• Oshkosh Corporation
• Navistar International Corporation
• Kongsberg Gruppen ASA
• FN Herstal S.A.
North America was the largest region in the soldier systems market in 2024. The regions covered in the soldier systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa