Military Wearables Market worth $3.4 Billion by 2027 – Exclusive Report by MarketsandMarkets™

/EIN News/ -- Chicago, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Military Wearables Market size is projected to grow from USD 3.1 Billion in 2022 to USD 3.4 Billion by 2027, at a CAGR of 1.8% from 2022 to 2027, according to a new report by MarketsandMarkets™. The military wearables market is driven by the modernization initiatives undertaken by the defense agencies of several countries to achieve better battlefield situational awareness while also monitoring the critical vitals of deployed personnel to better assess a path for achieving tactical superiority by eliminating certain restricting factors such as fatigue and stress. Thus, several nations are availing the use of cutting-edge technologies like advanced head mounted displays, body diagnostics sensors, advanced personal clothing, improved navigation & communication devices, and other types of military wearables in an effort to increase the level of protection for their soldiers.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=105612791

Browse in-depth TOC on “Military Wearables Market”
218 – Tables
58 – Figures
259 – Pages

The land forces segment is estimated to account for the largest share of the military wearables market during the forecast period

Based on end user, the land forces segment is projected to register the highest growth rate during the forecast period. Most wearable technologies currently being designed are to augment the capabilities of the land forces as the soldiers are constantly exposed to hazardous working conditions leading to an increased risk of loss of life.

The vision & surveillance segment projected to lead military wearables market during forecast period

Based on technology, the video & surveillance segment is projected to lead the military wearables market during the forecast period. This segment has been further segmented into exoskeleton, power and energy management, navigation, communication and computing, smart textile, network & connectivity management, and monitoring. There is a huge demand for Augmented Reality (AR) & Virtual Reality (VR) technology-based product. Additionally, advancement in the night vision headwear technologies is driving the market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=105612791

Asia Pacific is projected to lead the market during the forecast period.

Asia Pacific accounted for the largest market share in 2022, and Middle East is projected to witness the highest CAGR during the forecast period. The escalating geopolitical tension in the regions has encouraged investments towards the adoption of modern wearable technologies of the soldiers, which favours the growth potential of the market in focus in the regions.

Major players operating in the military wearables market are BAE Systems PLC (UK), Elbit Systems Ltd. (Israel), Rheinmetall AG (Germany), Thales Group (France), Saab AB (Sweden), Aselsan A.S (Turkey), General Dynamic Corporation (US) are some of the market players.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=105612791

Browse Adjacent Market: Aerospace and Defence Market Research Reports &Consulting

Related Reports:

Soldier System Market by End User (Military, Homeland Security), Type (Personal Protection, Communication, Power and Transmission, Surveillance and Target Acquisition, Navigation and Health Monitoring, Vision), Region - Global Forecast to 2023

Battlefield Management Systems Market by Solution (Hardware, Software) Platform (Armored Vehicles, Headquarter, and Command Centers, Soldier Systems), System, Component, Installation Type, End-User, Region (2020-2025)

About MarketsandMarkets™ 
                    
                    MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
                    
                    Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
                    
                    MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
                    
                    Contact:
                    Mr. Aashish Mehra
                    MarketsandMarkets™ INC.
                    630 Dundee Road
                    Suite 430
                    Northbrook, IL 60062
                    USA: +1-888-600-6441
                    Email: sales@marketsandmarkets.com