Latin America Soldier Systems Market Size & Outlook

The soldier systems market in Latin America is expected to reach a projected revenue of US$ 380.0 million by 2030. A compound annual growth rate of 6.2% is expected of Latin America soldier systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$250.0
Forecast, 2030 (US$M)
$380.0
CAGR, 2024 - 2030
6.2%
Report Coverage
Latin America

Latin America soldier systems market, 2018-2030 (US$M)

Latin
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Latin America soldier systems market highlights

  • The Latin America soldier systems market generated a revenue of USD 250.0 million in 2023.
  • The market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
  • In terms of segment, personal protection was the largest revenue generating equipment in 2023.
  • Personal Protection is the most lucrative equipment segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 250.0 million
Market revenue in 2030USD 380.0 million
Growth rate6.2% (CAGR from 2023 to 2030)
Largest segmentPersonal protection
Fastest growing segmentPersonal Protection
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPersonal Protection


Other key industry trends

  • In terms of revenue, Latin America region accounted for 2.3% of the global soldier systems market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 4,500.0 million by 2030.

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Soldier Systems Market Scope

Soldier systems market segmentation & scope
Personal Protection
Communication
Navigation and Targeting
Power and Energy Systems
Others
Application
Combat Operations
Surveillance and Reconnaissance
Training and Simulation
Others
End Use
Military
Government and Law Enforcement
Countries
U.S.
Canada
Mexico
Germany
France
UK
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
Saudi Arabia
South Africa
UAE
Kuwait

Soldier Systems Market Companies

Name Profile # Employees HQ Website

Latin America soldier systems market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to soldier systems market will help companies and investors design strategic landscapes.


Personal protection was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America soldier systems market based on personal protection covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of soldier systems market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America soldier systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America soldier systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America soldier systems market

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