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Global Soldier Modernisation Market Assessment
Frost & Sullivan, May 2012, Pages: 160
This Frost & Sullivan research service titled Global soldier modernisation market assessment provides a detailed strategic forecast of key markets in addition to analysis of current and future trends. In addition to analysing soldier modernisation programmes globally, the research also covers market value and volume of these initiatives, market leaders, as well as includes an overall roadmap showing the direction soldier modernisation is heading over the next ten years. The research further investigates trends within segments under the following categories: C4ISTAR, clothing, survivability, and lethality; and it includes three different approaches: whole system, incremental, and hybrid.
Decreasing Troops Numbers to Limit Opportunity for Volume Business
The genesis of soldier modernisation programmes began in the early 1990s when military forces sensed the need to reposition their capabilities to counter modern-day threats. Asymmetric and urban warfare were identified as future threats and countries started conceptualising the future soldier in accordance with these trends. However, most countries felt that these planned programmes were too ambitious and difficult to manage. Many programmes were delayed or reduced in scope due to budgetary pressures and technology issues.. Despite such obstacles, there still exist significant growth opportunities, particularly in many untapped European and Asian soldier modernisation programmes.
“Countries are aiming for ultra-professional armed forces and, as a result, troop strength is being reduced in most countries,” notes the analyst of this research. “Decreasing troop numbers will have an impact on procurement volumes, limiting the opportunity for volume business.” Decreasing troop size is poised to limit the potential for economies of scale. But it would open up opportunities for premium solutions. The recent operations in Afghanistan and Iraq have influenced soldier modernisation plans. With operational withdrawal, most countries are expected to focus on planned procurement programmes.
Incremental and Hybrid Acquisition Approaches Emerge as Favoured Models
Market revenues are set to peak in 2015, when the market grows to be worth $1830.5 million and such trends are anticipated to sustain till 2017. This is largely a result of major programmes entering the production phase. “Upcoming soldier modernisation programmes in India, South Korea, and Brazil are in their initial stages,” remarks the analyst. “Significant spending is expected only in the second half of the forecast period.”
Frost & Sullivan has identified three different modernisation approaches: total system (a defined programme where modern equipment is acquired as a single kit), incremental (soldier modernisation is conducted in phases), and hybrid (a mix of both total and incremental approaches). The total system approach is being adopted by a few European countries such as France, Germany, Spain and Italy while others have shown a preference for the incremental or hybrid approach. “Technology issues such as power and weight continue to be key technical challenges and are prolonging modernisation programmes,” concludes the analyst. “Incremental and hybrid acquisition approaches are the most preferred models and directly impact the value chain of programmes.”
Key Questions This Study Will Answer
- What are the current and future trends in the soldier modernisation market?
- Is the market growing? How long will it continue to grow?
- What are the requirements for the next ten years?
- What are the differences in modernisation strategy and which acquisition model is most preferred?
1. Executive Summary
2. Market Overview
3. Total Soldier Moderinsation Market
3.1 External Challenges: Drivers and Restraints
3.2 Forecasts and Trends
4. United States
7. United Kingdom
13. The Netherlands
14. United Arab Emirates
17. South Korea
19. Conclusions and Recommendations
20. The Last Word
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