The Military Wearables Market is expected to be around US$ 2.17 Billion by 2027 at a CAGR of 7.74% in the given forecast period.
The global Military Wearables market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Military Wearables marke
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The market for military wearables is likely to expand due to the factors such as rising focus on developing lightweight and robust military wearables for the soldiers. Furthermore, the soldiers’ security becomes the prominent concern for defense agencies specifically in present ongoing war like situations in Iraq, Syria, Yemen, and others. The military wearables trace the soldiers’ movement and convey the real-time situational awareness to military office, which enhance the troop’s coordination with the team. Additionally, the military wearables intensify the training of soldiers. Since, increase in requirement for soldier coordination & training, military wearables demand will likely to grow. Moreover, the growing adoption of military wearables owing to the rising asymmetric warfare is another factor leading to the military wearables market growth over the estimated time span.
The global Military Wearables market is segregated on the basis of End-User as Land Forces, Naval Forces and Airborne Forces. Based on Technology the global Military Wearables market is segmented in Communication & Computing, Connectivity, Navigation, Vision & Surveillance, Exoskeleton, Monitoring, Power & Energy Management and Others. Based on Wearable Type the global Military Wearables market is segmented in Headwear, Eyewear, Wristwear, Hearable and Bodywear.
The global Military Wearables market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Military Wearables market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
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Competitive Rivalry
BAE Systems PLC, Aselsan A.S., Bionic Power Inc., Flir Systems, Elbit Systems Ltd., General Dynamics Corporation, L3 Technologies Inc., Harris Corporation, Leonardo S.p.A., Northrop Grumman Corporation, and others are among the major players in the global Military Wearables market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Military Wearables Market has been segmented as below:
Military Wearables Market, By End-User
- Land Forces
- Naval Forces
- Airborne Forces
Military Wearables Market, By Technology
- Communication & Computing
- Connectivity
- Navigation
- Vision & Surveillance
- Exoskeleton
- Monitoring
- Power & Energy Management
- Others
Military Wearables Market, By Wearable Type
- Headwear
- Eyewear
- Wristwear
- Hearable
- Bodywear
Military Wearables Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Military Wearables Market, By Company
- BAE Systems PLC
- Aselsan A.S.
- Bionic Power Inc.
- Flir Systems
- Elbit Systems Ltd.
- General Dynamics Corporation
- L3 Technologies Inc.
- Harris Corporation
- Leonardo S.p.A.
- Northrop Grumman Corporation
- Lockheed Martin Corporation
- Rheinmetall AG
- Safran S.A.
- Saab AB
- Thales Groupx
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The report covers:
- Global Military Wearables market sizes from 2021 to 2027, along with CAGR for 2022-2027
- Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
- Global Military Wearables market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Military Wearables market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global Military Wearables market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Military Wearables market share. Major industry players with significant revenue share include BAE Systems PLC, Aselsan A.S., Bionic Power Inc., Flir Systems, Elbit Systems Ltd., General Dynamics Corporation, L3 Technologies Inc., Harris Corporation, Leonardo S.p.A., Northrop Grumman Corporation, and others.
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