This report provides an
analysis of the military
wearables market for the forecast period from 2019 to 2025. The report
analyzes the factors that are driving and restraining the growth of the military
wearables market as well as the challenges faced by the market. It also
provides information on the growth opportunities for the market. The military
wearables market is projected to grow from USD 4.2 billion in 2019 to USD 6.4
billion by 2025, at a CAGR of 7.17% during the forecast period. Key factors
fueling the growth of the market are the growing demand for military wearables
due to increased spending of countries on soldier modernization programs, rising instances of cross-border conflicts, and
increasing incidences of asymmetric warfare across the globe.
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Based on end user, the
military wearables market has been segmented into land forces, naval forces,
and airborne forces. The airborne forces segment of the military wearables market is projected to grow at the highest CAGR during the forecast period. Military
forces of different countries across the globe have increased the use of military
wearables to enhance the warfighting capabilities of their soldiers.
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Military Wearables Market |
Based on technology, the
military wearables market has been segmented into communication and computing,
connectivity, navigation, vision & surveillance, exoskeleton, monitoring,
power & energy management, and smart textiles. The connectivity segment is projected
to grow at the highest CAGR during the
forecast period. The growth of this segment
can be attributed to the increasing spending of military forces of different
countries on the development of various wearable technologies under their
ongoing soldier modernization programs. The inception of numerous vision devices,
especially those dedicated to augmented reality, is expected to have a
significant impact on the overall growth of the vision
segment of the military wearables market.
Based on wearable type, the military wearables market
has been segmented into headwear, eyewear, wristwear, hearables, and bodywear. The eyewear segment of the market is projected
to grow at the highest CAGR between 2019
and 2025. The demand for different wearable types is also increasing across the
globe due to the rising instances of the asymmetric warfare, increasing number
of close combat operations being carried out by defense forces of different
countries, and growing incidences of cross-border conflicts and disputes. The
key players are tapping this increasing demand for military wearables by
offering modern, miniaturized, and integrated military wearables to end users.
Don’t miss out on business opportunities in Military Wearables Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
Don’t miss out on business opportunities in Military Wearables Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
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Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
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