PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1534216
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1534216
Global Military Augmented Reality Technologies Market Size study, by Component, by Platform, by Application and Regional Forecasts 2022-2032
Global Military Augmented Reality (MAR) Technologies Market is valued at approximately USD 1127.19 million in 2023 and is anticipated to grow with a healthy growth rate of more than 17.78% over the forecast period 2024-2032. Augmented reality (AR) technologies are revolutionizing the battlefield by significantly enhancing situational awareness and operational efficiency. Devices equipped with AR, such as smart helmets with heads-up displays, overlay digital information onto the physical environment in real-time, allowing soldiers to access maps, identify enemy positions, and track friendly forces without losing focus on their surroundings. This technological advancement is pivotal in transforming decision-making processes, enabling faster responses to dynamic scenarios and ultimately improving mission outcomes. The integration of AR into military operations provides a comprehensive and dynamic understanding of the operational landscape, fundamentally changing how information is presented and utilized in critical situations.
The Global Military Augmented Reality (MAR) Technologies Market is driven by increasing need for advanced situational awareness systems and the growing investment in defense modernization programs worldwide. The military's reliance on real-time data and the need for quick, informed decisions in complex environments underscore the importance of AR technologies. Technological advancements in AR software and hardware are propelling the market forward. Innovations in AR software platforms, content management systems, and development kits are enhancing the functionality and usability of AR applications in the military. Similarly, advancements in AR hardware, such as head-mounted displays, smart glasses, sensors, and wearable computing devices, are improving the effectiveness and reliability of MAR systems. However, the vulnerability of MAR systems to cyberattacks remains a significant restraining factor, posing risks to the security and integrity of military operations.
The key regions considered for the Global Military Augmented Reality (MAR) Technologies Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America is expected to dominate the market due to its robust defense infrastructure, significant investments in AR technologies, and the presence of major defense contractors. Meanwhile, the Asia Pacific region is projected to experience the highest growth rate during the forecast period, driven by increasing defense expenditures, technological advancements, and the need for advanced military solutions in countries such as China and India.
Major market players included in this report are:
- Lockheed Martin Corporation
- BAE Systems PLC
- Microsoft Corporation
- Thales Group
- Collins Aerospace
- Elbit Systems Ltd
- Qualcomm Incorporated
- RealWear, Inc.
- Vuzix Corporation
- Sony Group Corporation
- Lenovo Group Limited
- Atheer Inc.
- Magic Leap, Inc.
- Intel Corporation
- Trimble Inc.
The detailed segments and sub-segment of the market are explained below:
By Component:
- Hardware
- Software
By Software:
- Augmented Reality (AR) Software Platforms
- AR Content Management Systems
- AR Development Kits and Tools
By Hardware:
- Head-Mounted Displays (HMDs)
- Smart Glasses
- Augmented Reality (AR) Sensors and Cameras
- Wearable Computing Devices
By Platform:
- Dismounted Soldier
- Land Vehicle
- Naval Vessel
- Aircraft
- Other Platform
By Application:
- Tactical Decision Support
- Training and Simulation
- Situational Awareness
- Maintenance and Repair
- Navigation
- Other Application
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
- RoLA
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market
Table of Contents
Chapter 1. Global Military Augmented Reality (MAR) Technologies Market Executive Summary
- 1.1. Global Military Augmented Reality (MAR) Technologies Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Component
- 1.3.2. By Platform
- 1.3.3. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Military Augmented Reality (MAR) Technologies Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Military Augmented Reality (MAR) Technologies Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Technological Advancements in Augmented Reality
- 3.1.2. Increasing Defense Expenditures
- 3.1.3. Growing Need for Situational Awareness
- 3.2. Market Challenges
- 3.2.1. Vulnerability to Cyberattacks
- 3.2.2. High Costs of Implementation
- 3.3. Market Opportunities
- 3.3.1. Rising Adoption of AR in Defense Training
- 3.3.2. Development of Advanced AR Solutions
Chapter 4. Global Military Augmented Reality (MAR) Technologies 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
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Military Augmented Reality (MAR) Technologies Market Size & Forecasts by Component 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Military Augmented Reality (MAR) Technologies Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Hardware
- 5.2.2. Software
Chapter 6. Global Military Augmented Reality (MAR) Technologies Market Size & Forecasts by Platform 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Military Augmented Reality (MAR) Technologies Market: Platform Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Dismounted Soldier
- 6.2.2. Land Vehicle
- 6.2.3. Naval Vessel
- 6.2.4. Aircraft
- 6.2.5. Other Platform
Chapter 7. Global Military Augmented Reality (MAR) Technologies Market Size & Forecasts by Application 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Military Augmented Reality (MAR) Technologies Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Tactical Decision Support
- 7.2.2. Training and Simulation
- 7.2.3. Situational Awareness
- 7.2.4. Maintenance and Repair
- 7.2.5. Navigation
- 7.2.6. Other Application
Chapter 8. Global Military Augmented Reality (MAR) Technologies Market Size & Forecasts by Region 2022-2032
- 8.1. North America Military Augmented Reality (MAR) Technologies Market
- 8.1.1. U.S. Military Augmented Reality (MAR) Technologies Market
- 8.1.1.1. Component breakdown size & forecasts, 2022-2032
- 8.1.1.2. Platform breakdown size & forecasts, 2022-2032
- 8.1.1.3. Application breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Military Augmented Reality (MAR) Technologies Market
- 8.1.1. U.S. Military Augmented Reality (MAR) Technologies Market
- 8.2. Europe Military Augmented Reality (MAR) Technologies Market
- 8.2.1. U.K. Military Augmented Reality (MAR) Technologies Market
- 8.2.2. Germany Military Augmented Reality (MAR) Technologies Market
- 8.2.3. France Military Augmented Reality (MAR) Technologies Market
- 8.2.4. Spain Military Augmented Reality (MAR) Technologies Market
- 8.2.5. Italy Military Augmented Reality (MAR) Technologies Market
- 8.2.6. Rest of Europe Military Augmented Reality (MAR) Technologies Market
- 8.3. Asia-Pacific Military Augmented Reality (MAR) Technologies Market
- 8.3.1. China Military Augmented Reality (MAR) Technologies Market
- 8.3.2. India Military Augmented Reality (MAR) Technologies Market
- 8.3.3. Japan Military Augmented Reality (MAR) Technologies Market
- 8.3.4. Australia Military Augmented Reality (MAR) Technologies Market
- 8.3.5. South Korea Military Augmented Reality (MAR) Technologies Market
- 8.3.6. Rest of Asia Pacific Military Augmented Reality (MAR) Technologies Market
- 8.4. Latin America Military Augmented Reality (MAR) Technologies Market
- 8.4.1. Brazil Military Augmented Reality (MAR) Technologies Market
- 8.4.2. Mexico Military Augmented Reality (MAR) Technologies Market
- 8.4.3. Rest of Latin America Military Augmented Reality (MAR) Technologies Market
- 8.5. Middle East & Africa Military Augmented Reality (MAR) Technologies Market
- 8.5.1. Saudi Arabia Military Augmented Reality (MAR) Technologies Market
- 8.5.2. South Africa Military Augmented Reality (MAR) Technologies Market
- 8.5.3. Rest of Middle East & Africa Military Augmented Reality (MAR) Technologies Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Lockheed Martin Corporation
- 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. Market Strategies
- 9.3.2. BAE Systems PLC
- 9.3.3. Microsoft Corporation
- 9.3.4. Thales Group
- 9.3.5. Collins Aerospace
- 9.3.6. Elbit Systems Ltd
- 9.3.7. Qualcomm Incorporated
- 9.3.8. RealWear, Inc.
- 9.3.9. Vuzix Corporation
- 9.3.10. Sony Group Corporation
- 9.3.11. Lenovo Group Limited
- 9.3.12. Atheer Inc.
- 9.3.13. Magic Leap, Inc.
- 9.3.14. Intel Corporation
- 9.3.15. Trimble Inc.
- 9.3.1. Lockheed Martin Corporation
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
