visiongain Report Values the Global Soldier Modernisation Market at $892.6m in 2013

LONDON, April 9, 2013 /PRNewswire/ --



The Global Soldier Modernisation Market 2013-2023, Visiongain's latest defence and security report, values the market for soldier modernisation spending to reach $892.6m in 2013, as emerging national markets seek to develop all encompassing soldier integration projects, and mature national markets invest in advanced technology designed to increase operational effectiveness, capability and flexibility.

A visiongain defence analyst stated that: 'Soldier Modernisation has developed significantly over the last 20 years in an attempt to equip military forces with fully mobile, capable, efficient and advanced systems for combat. Despite delays, cancellations and the restructuring of requirements for many Soldier Modernisation Programmes (SMP), the necessity for highly developed and interconnected soldier systems remain. Investment in soldier modernisation will therefore remain strong over the next decade, with greater focus upon improving situational awareness, enhancing communications and connectivity and reducing the overall weight burden by developing more efficient sources of energy supply and new weight distribution equipment. Whilst traditional national markets will feel the effects of defence budget cuts and operational withdrawals, many emerging markets around the world will invest in soldier modernisation in order to upgrade previously under equipped armed forces, respond to various security threats and reflect greater economic growth.'

The report has 242 pages and contains 219 tables, charts and graphs that utilise visual representation in order to clarify trends and market projections within the global soldier modernisation market. Visiongain provides forecasts for the overall global soldier modernisation market as well as 5 separate submarkets and 20 leading national markets within the global soldier modernisation market for the period 2013-2023. The report also provides profiles of 15 leading companies operating within the soldier modernisation market. market, including an interview with, Qioptiq, an established defence and security company operating within the global soldier modernisation market, providing expert insight alongside visiongain's analyses.

The Global Soldier Modernisation Market 2013-2023 report will be of value to current and future investors into the overall soldier modernisation market. market, as well as to companies and research centres who wish to broaden their knowledge of the soldier modernisation market. 

For further information concerning the visiongain's Global Soldier Modernisation Market 2013-2023 report please visit http://www.visiongain.com/Sector/9/Defence

Notes for Editors

If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain

Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors. Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on. 

Contact: Sara Peerun on sara.peerun@visiongainglobal.com

Tel: +44(0)20-7336-6100

SOURCE Visiongain