PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1314941
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1314941
Global Military Wearables Market Size study & Forecast, by End User, by Technology, by Wearable Type and Regional Analysis, 2023-2030
Global Military Wearables Market is valued at approximately USD 3.10 billion in 2022 and is anticipated to grow with a CAGR of more than 1.80% over the forecast period 2023-2030. Military wearables refer to advanced technologies integrated into clothing, gear, or accessories used by military personnel to enhance their operational capabilities. These wearables can include items such as smart helmets, augmented reality (AR) glasses, wearable sensors, exoskeletons, and biometric monitoring devices. By leveraging cutting-edge features such as real-time data analysis, communication systems, and situational awareness tools, military wearables provide soldiers with improved battlefield awareness, accurate targeting, enhanced communication, and better protection. They enable soldiers to access critical information, coordinate operations, monitor their health and performance, and navigate complex environments, ultimately increasing their effectiveness, survivability, and overall mission success. Moreover, the growing defense budget and growing integration of advanced technology in modern warfare are anticipated to be the growth drivers of this market. Furthermore, government support & initiatives and growing concern towards national security drive the growth of the market during the forecasted period of 2023-2030
According to India Brand Equity Market (IBEF) in 2023, Based on the global power index, the Indian defense sector holds the fourth position in terms of firepower, achieving a score of 0.0979, where 0.0 represents a perfect score. The Indian government has established a defense production target of USD 25 billion by 2025, which includes USD 5 billion from exports within the same timeframe. India stands as one of the largest defense spenders worldwide, allocating a total budget of USD 66 billion, accounting for 13.31% of the overall budget. This figure indicates an increase of USD 5.9 billion compared to the budget estimates of 2021-22. However, the high cost of manufacturing and data security & privacy concerns may hamper the growth of the market.
The key regions considered for the Global Military Wearables Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific region emerged as the dominant market, primarily driven by the increased adoption of military wearables in response to threats such as terrorism, cross-border disputes, and cultural sensitivities. Many countries in the region aim to equip their infantry soldiers with enhanced lethality, survivability, and mobility, transforming them into self-contained combat machines. Additionally, the region's rising defense expenditure and investments in the modernization of law enforcement agencies contribute to the growth of the Military Wearables Industry in the Asia Pacific region. North America is a fast-growing region in the military wearables market due to its advanced defense capabilities, robust defense budget, technological innovation, military modernization initiatives, the presence of special operations forces, and a strong defense industrial base. The region's focus on equipping soldiers with cutting-edge technologies and its significant investments in research and development contribute to the rapid growth of the military wearables market in North America.
Major market player included in this report are:
- BAE Systems PLC
- Elbit Vision Systems
- Thales Group
- Saab AB
- General Dynamics Corporation
- Rheinmetall AG
- L3 Harris Technologies, Inc.
- Elbit Systems Ltd.
- Thales Group
- Northrop Grumman Corporation
Recent Developments in the Market:
- In March 2022, Under the Combat Net Radio (CNR) Modernization Program, Thales was granted a contract to provide the U.S. Army with an advanced tactical radio. This contract, worth USD 6 billion, is part of Thales' efforts to replace the outdated Single-Channel Ground and Airborne Radio System (SINCGARS).
Global Military Wearables Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimatio: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: End User, Technology, Wearable Type, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End User:
- Land Forces
- Naval forces
- Air Forces
By Technology:
- Communication & Computing
- Network and Connectivity Management
- Navigation
- Vision & Surveillance
- Exoskeleton
- Monitoring
- Power and Energy Source
- Smart Textiles
By Wearable Type:
- Headwear
- Eyewear
- Wristwear
- Hearables
- Bodywear
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Military Wearables Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Military Wearables Market, by End User, 2020-2030 (USD Billion)
- 1.2.3. Military Wearables Market, by Technology, 2020-2030 (USD Billion)
- 1.2.4. Military Wearables Market, by Wearable Type, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Military Wearables Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Military Wearables Market Dynamics
- 3.1. Military Wearables Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing Defense Budget
- 3.1.1.2. Growing Integration of Advance Technology
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Manufacturing
- 3.1.2.2. Data Security & Privacy Concern
- 3.1.3. Market Opportunities
- 3.1.3.1. Government Support & Initiatives
- 3.1.3.2. Growing Concern Towards National Security
- 3.1.1. Market Drivers
Chapter 4. Global Military Wearables Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Military Wearables Market, by End User
- 5.1. Market Snapshot
- 5.2. Global Military Wearables Market by End User, Performance - Potential Analysis
- 5.3. Global Military Wearables Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
- 5.4. Military Wearables Market, Sub Segment Analysis
- 5.4.1. Land Forces
- 5.4.2. Naval forces
- 5.4.3. Air Forces
Chapter 6. Global Military Wearables Market, by Technology
- 6.1. Market Snapshot
- 6.2. Global Military Wearables Market by Technology, Performance - Potential Analysis
- 6.3. Global Military Wearables Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
- 6.4. Military Wearables Market, Sub Segment Analysis
- 6.4.1. Communication & Computing
- 6.4.2. Network and Connectivity Management
- 6.4.3. Navigation
- 6.4.4. Vision & Surveillance
- 6.4.5. Exoskeleton
- 6.4.6. Monitoring
- 6.4.7. Power and Energy Source
- 6.4.8. Smart Textiles
Chapter 7. Global Military Wearables Market, by Wearable Type
- 7.1. Market Snapshot
- 7.2. Global Military Wearables Market by Wearable Type, Performance - Potential Analysis
- 7.3. Global Military Wearables Market Estimates & Forecasts by Wearable Type 2020-2030 (USD Billion)
- 7.4. Military Wearables Market, Sub Segment Analysis
- 7.4.1. Headwear
- 7.4.2. Eyewear
- 7.4.3. Wristwear
- 7.4.4. Hearables
- 7.4.5. Bodywear
Chapter 8. Global Military Wearables Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Military Wearables Market, Regional Market Snapshot
- 8.4. North America Military Wearables Market
- 8.4.1. U.S. Military Wearables Market
- 8.4.1.1. End User breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Technology breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Wearable Type breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Military Wearables Market
- 8.4.1. U.S. Military Wearables Market
- 8.5. Europe Military Wearables Market Snapshot
- 8.5.1. U.K. Military Wearables Market
- 8.5.2. Germany Military Wearables Market
- 8.5.3. France Military Wearables Market
- 8.5.4. Spain Military Wearables Market
- 8.5.5. Italy Military Wearables Market
- 8.5.6. Rest of Europe Military Wearables Market
- 8.6. Asia-Pacific Military Wearables Market Snapshot
- 8.6.1. China Military Wearables Market
- 8.6.2. India Military Wearables Market
- 8.6.3. Japan Military Wearables Market
- 8.6.4. Australia Military Wearables Market
- 8.6.5. South Korea Military Wearables Market
- 8.6.6. Rest of Asia Pacific Military Wearables Market
- 8.7. Latin America Military Wearables Market Snapshot
- 8.7.1. Brazil Military Wearables Market
- 8.7.2. Mexico Military Wearables Market
- 8.8. Middle East & Africa Military Wearables Market
- 8.8.1. Saudi Arabia Military Wearables Market
- 8.8.2. South Africa Military Wearables Market
- 8.8.3. Rest of Middle East & Africa Military Wearables Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. BAE Systems PLC
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. Elbit Vision Systems
- 9.3.3. Thales Group
- 9.3.4. Saab AB
- 9.3.5. General Dynamics Corporation
- 9.3.6. Rheinmetall AG
- 9.3.7. L3 Harris Technologies, Inc.
- 9.3.8. Elbit Systems Ltd.
- 9.3.9. Thales Group
- 9.3.10. Northrop Grumman Corporation
- 9.3.1. BAE Systems PLC
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Military Wearables Market, report scope
- TABLE 2. Global Military Wearables Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3. Global Military Wearables Market estimates & forecasts by End User 2020-2030 (USD Billion)
- TABLE 4. Global Military Wearables Market estimates & forecasts by Technology 2020-2030 (USD Billion)
- TABLE 5. Global Military Wearables Market estimates & forecasts by Wearable Type 2020-2030 (USD Billion)
- TABLE 6. Global Military Wearables Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 7. Global Military Wearables Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8. Global Military Wearables Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9. Global Military Wearables Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Military Wearables Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Military Wearables Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Military Wearables Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Military Wearables Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 14. Global Military Wearables Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 15. Global Military Wearables Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 16. U.S. Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 17. U.S. Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 18. U.S. Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 19. Canada Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 20. Canada Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 21. Canada Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 22. UK Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 23. UK Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 24. UK Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 25. Germany Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 26. Germany Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 27. Germany Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 28. France Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 29. France Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 30. France Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 31. Italy Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 32. Italy Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 33. Italy Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 34. Spain Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 35. Spain Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 36. Spain Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 37. RoE Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 38. RoE Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 39. RoE Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 40. China Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 41. China Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 42. China Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 43. India Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 44. India Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 45. India Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 46. Japan Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 47. Japan Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 48. Japan Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 49. South Korea Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 50. South Korea Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 51. South Korea Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 52. Australia Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 53. Australia Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 54. Australia Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 55. RoAPAC Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 56. RoAPAC Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 57. RoAPAC Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 58. Brazil Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 59. Brazil Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 60. Brazil Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 61. Mexico Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 62. Mexico Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 63. Mexico Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 64. RoLA Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 65. RoLA Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 66. RoLA Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 67. Saudi Arabia Military Wearables Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 68. South Africa Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 69. RoMEA Military Wearables Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 70. List of secondary sources, used in the study of global Military Wearables Market
- TABLE 71. List of primary sources, used in the study of global Military Wearables Market
- TABLE 72. Years considered for the study
- TABLE 73. Exchange rates considered
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
- FIG 1. Global Military Wearables Market, research methodology
- FIG 2. Global Military Wearables Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Military Wearables Market, key trends 2022
- FIG 5. Global Military Wearables Market, growth prospects 2023-2030
- FIG 6. Global Military Wearables Market, porters 5 force model
- FIG 7. Global Military Wearables Market, pest analysis
- FIG 8. Global Military Wearables Market, value chain analysis
- FIG 9. Global Military Wearables Market by segment, 2020 & 2030 (USD Billion)
- FIG 10. Global Military Wearables Market by segment, 2020 & 2030 (USD Billion)
- FIG 11. Global Military Wearables Market by segment, 2020 & 2030 (USD Billion)
- FIG 12. Global Military Wearables Market by segment, 2020 & 2030 (USD Billion)
- FIG 13. Global Military Wearables Market by segment, 2020 & 2030 (USD Billion)
- FIG 14. Global Military Wearables Market, regional snapshot 2020 & 2030
- FIG 15. North America Military Wearables Market 2020 & 2030 (USD Billion)
- FIG 16. Europe Military Wearables Market 2020 & 2030 (USD Billion)
- FIG 17. Asia pacific Military Wearables Market 2020 & 2030 (USD Billion)
- FIG 18. Latin America Military Wearables Market 2020 & 2030 (USD Billion)
- FIG 19. Middle East & Africa Military Wearables Market 2020 & 2030 (USD Billion)
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
