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Soldier Modernization Market Likely to Be Driven by the Digitalization of the Modern Battlefield – GlobalData Plc

This press release was orginally distributed by SBWire

London, UK -- (SBWIRE) -- 10/14/2022 -- The latest market publication titled Soldier Modernization – Thematic Research report provides an overview of the soldier modernization market, outlines advances in technology and key programs, and provides insight into current procurement and research trends. Soldier modernization has a significant impact on the defense industry due to the wide range of different technologies and capabilities being developed for the purpose of enhancing soldier systems. Increased digitization of the battlefield in the context of multi-domain operations has introduced numerous strategic benefits and burdens for modern infantry, thus entailing a comprehensive equipment overhaul for militaries worldwide.

View Report Outlook: https://www.globaldata.com/store/report/soldier-modernization-theme-analysis/

The digitization of the modern battlefield over the last two decades is set to further accelerate due to the rising threat of peer-to-peer conflict, coupled with widespread reductions in active service personnel, thus making the digitization of soldier systems a primary concern for military strategists. Soldier modernization encompasses equipment from a range of different market segments with diverse applications in the field. As such, key players in this market possess a range of different technical specializations, including firearms, clothing & PPE, ISR systems, C4I systems, and power management solutions, among others.

Download a Sample PDF at: https://www.globaldata.com/store/talk-to-us/?report=1922346

Soldier Modernization Trends

The main trends shaping the soldier modernization theme over the next 12 to 24 months are shown below. We classify these trends into three categories:

Technology trends
- Modularity
- Artificial Intelligence (AI)
- Wearable devices and augmented reality (AR)
- Unmanned systems
- Internet of Things
- Collateral damage reduction

Macroeconomic trends
- Defense budgets
- COVID-19
- Common procurement and R&D cost-sharing
- Interoperability

Regulatory trends
- Common standards
- Defense industry consolidation
- Defense organizations coordination
- Dual-use technology and materials

Soldier Modernization Competitive Insights

Over the last four years, most acquisitions have involved companies involved in the light arms or clothing & personal protective equipment value chains. This trend would indicate that thought leaders within those respective value chains anticipate a shift in current military acquisition trends away from Soldier ISR and C4I Systems. Recent developments in materials manufacturing may have revealed new opportunities for lightweight and modular body armor.

Key M&A transactions in soldier modernization theme are: -

- In November 2020, BSA Company acquired Birmingham Small Arms, a group of businesses manufacturing military and sporting firearms, bicycles, cars, and buses, headquartered in UK.
- In February 2020, Ultra Defense targeted the acquisition of MAST Technology, a manufacturer and supplier of ammunition products headquartered in Missouri, the US.

For more details on the latest M&As, Get a Sample PDF at: https://www.globaldata.com/store/talk-to-us/?report=1922346

Key Soldier Modernization Value Chain Segments

- Clothing & Personal Protective Equipment
- Firearms & Weapons Systems
- C4I Systems
- Soldier ISR
- Unmanned systems
- Energy Supply & Management Systems

Discuss each value chain component in detail at: https://www.globaldata.com/store/talk-to-us/?report=1922346

Soldier Modernization Companies

GlobalData highlights publicly listed and private companies that are making their mark within the field of soldier modernization.
- AeroVironment
- Aimpoint
- Avon Protection
- BAE Systems
- Barrett
- Beretta
- Bren-Tronics
- Colt
- Crye Precision
- Elbit Systems
- FN Herstal
- FLIR Systems(Teledyne FLIR)
- General Dynamics –OTS
- Gentex
- Glock
- Heckler & Koch
- Israel Weapons Industries
- L3Harris Technologies
- Northrop Grumman
- Raytheon Technologies
- Thales
- Trijicon

Get More Insights on the companies at: https://www.globaldata.com/store/talk-to-us/?report=1922346

About GlobalData
GlobalData is a leading provider of data, analytics, and insights on the world's largest industries. As a leading information services company, thousands of clients rely on GlobalData for trusted, timely, and actionable intelligence. Our mission is to help our clientele ranging from professionals within corporations, financial institutions, professional services, and government agencies to decode the future and profit from faster, more informed decisions. Continuously enriching 50+ terabytes of unique data and leveraging the collective expertise of over 2,000 in-house industry analysts, data scientists, and journalists, as well as a global community of industry professionals, we aim to provide decision-makers with timely, actionable insights.

Media Contacts
Mark Jephcott
Head of PR EMEA
mark.jephcott@globaldata.com
cc: pr@globaldata.com
+44 (0)207 936 6400

For more information on this press release visit: http://www.sbwire.com/press-releases/soldier-modernization-market-likely-to-be-driven-by-the-digitalization-of-the-modern-battlefield-globaldata-plc-1364925.htm

Media Relations Contact

Mark Jephcott
Email: Click to Email Mark Jephcott
Web: https://www.globaldata.com/

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