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The military wearable sensors market size is forecast to increase by USD 187.4 million at a CAGR of 7.28% between 2023 and 2028. The market's expansion hinges on several factors, including the escalating expenditure on military modernization programs, a heightened emphasis on biosensor development, and the digitization of the battlefield. These dynamics underscore a growing need for advanced technologies and capabilities in military operations. The increased spending on modernization reflects efforts to enhance military effectiveness and readiness, driving the demand for innovative solutions like biosensors. Additionally, the digitization of the battlefield represents a broader trend toward integrating digital technologies for enhanced situational awareness and operational efficiency. As such, the market is poised for growth as defense organizations worldwide prioritize modernization and technology-driven advancements to meet evolving security challenges. Our report examines historic data from 2018 - 2022, besides analyzing the current and forecasted market scenario.
Market Forecast 2024-2028
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The market is driven by innovations in smart devices and cloud services, enabling advanced interpretation of data. These smart platforms integrate seamlessly with mobile devices and tablets, enhancing military protection. Wearable technologies include military wearable scopes and sensors embedded in clothing and devices like key chains and bracelets. They monitor soldiers' physiological parameters such as heart rate, respiration, and hydration level, providing critical insights into their level of injury and fatigue. This technology is revolutionizing military operations, ensuring the safety and well-being of personnel. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Modernization of the military includes changes in technological capacities. Militaries of different countries aim to be well-trained and equipped with contemporary systems of armament and technique as well as modern and interoperable tools. The modernization of the military focuses on several areas, including control systems and command systems, information systems, wearable devices, equipment, and armaments. This modernization effort also involves the integration of cloud services, smart devices, smart platforms, soldier monitoring, and military wearable technology to enhance operational capabilities and effectiveness.
Countries across the world are investing in modernization programs to strengthen their military capabilities. For instance, the US Army has proposed a five-year Mission Training Complex Capabilities Support contract. Such initiatives will increase the demand, which, in turn, will drive the growth of the market during the forecast period.
IoT enables the exchange of data between devices through the Internet without human intervention. The importance of big data and analytics has increased immensely. IoT technologies are used in wireless sensor networks and associated software. They typically consist of sensors that detect data and convert it into a digital signal. They also comprise digital signal processors, radio-frequency devices, and big data.
The data is passed onto a command center, where it is interpreted and integrated with inputs from other sources. Commanders communicate their orders based on the inference from the analyzed data. The data from the sensors gives the command centers more information about situations. Thus, the use of IoT and big data in the military is a key trend that will influence the growth of the market during the forecast period.
The demand for new military wearable sensors for tactical military applications is increasing across the world. Militaries of various countries are adopting advanced wearable sensors to help reduce the number of casualties on the battlefield. The demand for advanced military wearable sensors is growing due to the rise in the demand for surveillance, intelligence, and reconnaissance assets. Thus, companies should invest significantly in the R&D of military wearable sensors to cater to the growing demand.
Companies in the US are expected to be the largest spenders on the R&D of military wearable sensors. The development require years of R&D activities. Development activities include several hours of rigorous testing and documentation before commercially releasing a new product. This increases the R&D expenditure of companies. Therefore, the high cost of R&D is expected to limit the growth of the market during the forecast period.
The device-based sensors segment will account for a significant share of market growth during the forecast period. Many wearable devices, such as goggles, keychains, watches, and activity and health-tracking wristbands, have been developed for military applications.
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The device-based sensors segment was valued at USD 293.80 million in 2018. Most wearable devices include the global positioning system (GPS), which contains a sensor for monitoring and tracking the position of personnel and physical structures. GPS provides accurate information about the position and velocity of objects on the field. Integrating wearable displays with GPS provides real-time data to soldiers. These data include satellite images that are crucial for military intelligence. Thus, GPS helps with tactical and operational decisions in real time. These factors will drive the growth of the segment during the forecast period.
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North America is estimated to contribute 36% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. The US is a key revenue contributor to the market in North America. The country is investing significantly in the R&D of wearable technology to enhance its military modernization efforts. The aerospace and defense industry in the US innovates technologically advanced aircraft and other systems. Moreover, the country is a key exporter and consumer of such machines and systems. The need to ensure national security and achieve military dominance has propelled the demand in the region. These factors will drive the growth of the market in North America during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ASELSAN AS - The company offers military wearable sensors such as auxiliary systems, which help increase human performance, improve their abilities, and utilize these abilities with high efficiency. It also provides technical system expertise in design, development, production, and after-sales services for various products for the defense industry.
Elbit Systems Ltd. - The company offers wearable military sensors such as Torch X Dismounted, Raptor, and Smarteye. It also provides a broad portfolio of airborne, land, and naval systems as well as products for defense, homeland security, and commercial applications.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
ASELSAN AS, BAE Systems Plc, Bionic Power Inc., Elbit Systems Ltd., Epsilor Electric Fuel Ltd., General Electric Co., Honeywell International Inc., Interactive Wear AG, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rheinmetall AG, Saab AB, Safran SA, TE Connectivity Ltd., Teledyne Technologies Inc., Thales Group, TT Electronics Plc, and Viasat Inc.
Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The market is evolving rapidly with advances in protection systems and architectural solutions. These are integrated into various wearable devices such as arm wear, armbands, body clothes, and body clothing to monitor soldiers' health and performance. From calorie burning to heart rate monitoring, these sensors provide valuable health and fitness data. The integration of high-end sensors in military clothing and devices ensures reliability in rugged conditions. Moreover, innovations like cloth-based sensors and tattoo sensors enable seamless monitoring, meeting mission-specific requirements and enhancing soldier safety and effectiveness.
Furthermore, the market is driven by the demand for advanced technologies and customized features in wearable devices. These devices, such as bodywear, chest straps, and health tracking enabled wristbands, are equipped with cloth-based sensors and device-integrated sensors to monitor various health and fitness parameters. They cater to mission-specific requirements and are designed to withstand rugged conditions with features like waterproofing and operating temperature control. With the integration of high-end sensors and advancements in technological innovations, sensors based on military devices, the market is witnessing significant growth, meeting the evolving needs of the military and ensuring soldier safety and performance.
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Industry Scope |
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Report Coverage |
Details |
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Page number |
187 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.28% |
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Market growth 2024-2028 |
USD 187.4 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.65 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
North America at 36% |
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Key countries |
US, China, Germany, France, and Russia |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ASELSAN AS, BAE Systems Plc, Bionic Power Inc., Elbit Systems Ltd., Epsilor Electric Fuel Ltd., General Electric Co., Honeywell International Inc., Interactive Wear AG, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rheinmetall AG, Saab AB, Safran SA, TE Connectivity Ltd., Teledyne Technologies Inc., Thales Group, TT Electronics Plc, and Viasat Inc. |
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Market dynamics |
Parent market analysis, market research and growth, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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