Global Next-Gen Squad Weapon Market Forecast 2034: Growing at 7.2%...

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2026-05-18 11:39:47 -

Global Next-Gen Squad Weapon Market Forecast 2034: Growing at 7.2% CAGR Amid Rising Defense Spending

According to a new report from Intel Market Research, the global Soldier Modernization (Next-Gen Squad Weapon) market was valued at USD 2.8 billion in 2025 and is projected to reach USD 5.1 billion by 2034, growing at a robust CAGR of 7.2% during the forecast period (2026–2034). This growth is propelled by rising defense modernization budgets, evolving threat landscapes requiring superior...

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