Military Wearable Sensors Market To Flourish at 11% CAGR through 2023 | Boeing, Leidos, Lockheed Martin, Rheinmetall, Safran, Arralis, Inova Design Solutions and Q-Track

Military Wearable Sensors Market by Product Type (Device-Based Sensors, Clothing-Based Sensors), Sensor Type (Accelerometers, Inertial, Pressure, Force, Motion, Gyroscopes, Temperature, Microphones, & Others), Application and Region – Forecast till 2023

Market Research Future published a half cooked research report on military wearable sensors. The Military Wearable Sensors Market is estimated to witness a CAGR of 11% from 2018 to 2023.

The key players in military wearable sensors market are Boeing (U.S.), Leidos (U.S.), Lockheed Martin Corporation (U.S.), Rheinmetall AG (Germany), Safran Group (France), TT Electronics Plc (U.K), Arralis (Ireland), Inova Design Solutions (U.K), and Q-Track (U.S.).

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Market Scenario

Military wearable sensors are smart electronic devices worn on the body as accessories or implants which incorporate various features and functions. Major emphasis is laid on wearable technologies with electronics and computer-based gadgets. The concept behind a wearable sensors is to have a device on the body which allows it to be worn or carried on the body, while the user interface is ready for use at all times. The technology advancement in sensors would require highly accurate military wearable sensor systems. Significant investments have been made on the development of military wearable sensors systems, which would lead to rapid growth of the market during the forecast period.

However, major restraint of the market is the risk of cyber intrusion, low consumer awareness, and safety concerns for secure data. Moreover, lack of clarity about health communication protocols, lack of common standards, regulatory issues, and interoperability issues are expected to hinder the growth of the market.

In general, the type of sensors used in military clothing are required to communicate with external devices in real-time. Even without the real-time requirement, data from the sensor needs to be communicated back to the data analytics platform in a time-sensitive manner. This wireless communication is an essential component to the success of the military wearable sensors market.

Moreover, the application of wearable technology majorly in the military sector is monitoring the physical state of soldiers while on the move, better communication between troops and military animals, and providing 360-degree battlefield awareness. The emergence of tattoo-based sensors and Commercial Off-The-Shelf (COTS) sensors will offer new growth opportunities to the market players. The factors responsible for the growth of the global military wearable sensors market are the development of smart sensors, increasing focus on the development of biosensors, and rise in need to monitor the psychological health of soldiers. Several contracts have been signed to bolster the growth of the market. In 2015, Arralis signed a contract with the U.K Ministry of Defence to provide a unique wearable technology and GNSS antenna.

The scope of the Report

This study provides an overview of the Military Wearable Sensors Market, tracking five market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East & Africa and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the military wearable sensors by its product type, sensor type, application, and region.

By Product Type

• Device-Based Sensors
• Clothing-Based Sensors

By Sensor Type

• Accelerometers
• Inertial Sensors
• Pressure Sensors
• Force Sensors
• Motion Sensors
• Gyroscopes
• Temperature Sensors
• Microphones
• Others

By Application

• Wrist Wear
• Foot Wear
• Eye Wear
• Body Wear
• Neck Wear

By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Global Military Wearable Sensors Market, By Segmentation and Geographic Overview

The global military wearable sensors market has been segmented by product type, sensor type, application, and region. Among product type, the device-based sensor is the most widely used and has the largest market share due to the high demand for goggles, key chains, watches, and health tracking wristbands. On the basis of sensor type, the pressure sensors segment is estimated to witness the largest demand during the forecast period, owing to increasing adoption of technological advancement in military wearable technology. On the basis of application, the body wear segment is estimated to witness the largest demand during the forecast period, owing to the increased demand for monitoring body activities, which include heart rate, body temperature, and blood pressure.

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, Middle East & Africa, and Latin America. North America is expected to dominate the market in the coming years, due to the rise in demand for modernization of military technology. Europe follows the North America in the global military wearable sensors market due to the huge defense spending. Asia Pacific is the fastest growing region for the market because of the adoption of IoT technologies for the advancement of its defense industry.

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The global military wearable sensors market is estimated to witness a CAGR of 11% from 2018 to 2023.

Table Of Contents

1 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends

Continued.........

List Of Tables

Table 1 Military Wearable Sensors Market: By Region, 2018-2023
Table 2 North America Military Wearable Sensors Market: By Country, 2018-2023
Table 3 Europe Military Wearable Sensors Market: By Country, 2018-2023
Table 4 Asia Pacific Military Wearable Sensors Market: By Country, 2018-2023
Table 5 Middle East & Africa Military Wearable Sensors Market: By Country, 2018-2023
Table 6 South America Military Wearable Sensors Market: By Country, 2018-2023
Table 7 Military Wearable Sensors Market, By Product Type, By Regions, 2018-2023
Table 8 North America Military Wearable Sensors Market, By Product Type, By Country, 2018-2023
Table 9 Europe Military Wearable Sensors Market, By Product Type, By Country, 2018-2023
Table 10 Asia Pacific Military Wearable Sensors Market By Product Type, By Country, 2018-2023

Continued.......

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