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Major Growth Driver Identified in 2025 Military Wearables Market: Defense Expenditures Propel Momentum In The Military Wearables Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Military Wearables Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past few years, the size of the military wearables market has experienced robust growth. It is projected to rise from $3.88 billion in 2024 to $4.12 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%. The historic period's growth is accounted for by initiatives for soldier modernization, emphasis on soldier health and safety, specific needs of special forces, urban warfare, and the integration of c4isr with tactical gear.
Military Wearables Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market size of military wearables is anticipated to experience a robust growth, reaching an estimated $5.43 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 7.1%. This predicted expansion during the forecast period is due to advancements in health monitoring, increased usage in training, integration with augmented reality (AR), and improved communication features, alongside wearable sensor fusion. Notable trends during this forecast period include emphasis on ergonomic design for better comfort and mobility, the creation of personal area network (PAN) solutions, usage of cutting-edge materials for increased durability, and implementation of gesture control and human-machine interfaces, all this with a keen focus on cybersecurity measures.
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What Are the Drivers Transforming the Military Wearables Market?
The increase in defense budget is poised to drive the advancement of the military wearables market. Defense budget involves all existing and future capital investments in the military, encompassing peacemaking actions taken by defense ministries and other governmental organizations involved in defense projects, in addition to paramilitary groups considered competent to partake in military activities and are thereby trained, equipped, and prepared for them. Several wearable devices and gear can be assimilated into a soldier's outfit or wearable, removing the necessity to carry excessive loads. Future military operations can be significantly influenced by this wearable technology. For example, the Stockholm International Peace Research Institute (SIPRI), an independent research organization based in Sweden, reported in April 2024 that the overall global military spending rose to $2443 billion in 2023, a 6.8% in real terms jump from 2022. Hence, the surge in defense expenditures is fuelling the expansion of the military wearables market.
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What Long-Term Trends Will Define the Future of the Military Wearables Market?
Technological innovation is advancing the military wearable market. In December 2022, US-based Air Force Research Laboratory, in collaboration with the Nano Bio-Materials Consortium and Case Western Reserve University, launched wearable sensors for monitoring stress biomarkers in airmen. These sensors, embedded in devices like mouthguards and skin patches, help track physical and emotional strain during missions.
Which Segments in the Military Wearables Market Offer the Most Profit Potential?
The military wearables market covered in this report is segmented -
1) By Type: Wrist Wear, Modular, Eyewear, Smart Key Chains, Ear Wear, Other Types
2) By Technology: Communication And Computing, Connectivity, Navigation, Vision And Surveillance, Exoskeleton, Monitoring, Power And Energy Management, Smart Textiles
3) By End-User: Land Forces, Naval Forces, Airborne Forces
Subsegments:
1) By Wrist Wear: Smartwatches, Fitness Trackers, Health Monitors, Tactical Wrist Devices, GPS-enabled Wrist Wear
2) By Modular: Modular Systems With Detachable Components, Adaptable Wearable Technology, Multi-Function Modular Gear
3) By Eyewear: Smart Glasses, Augmented Reality (AR) Glasses, Night Vision Goggles, Heads-Up Displays (HUDs), Vision Enhancement Systems
4) By Smart Key Chains: Location Tracking Key Chains, Communication-Enabled Key Chains, Smart Key Fobs with Sensors
5) By Ear Wear: Smart Earbuds, Communication Headsets, Hearing Protection Earplugs, Bone Conduction Headphones
6) By Other Types: Body Cameras, Smart Textiles, Health Monitoring Patches, Tactical Wearable Sensors
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Which Firms Dominate the Military Wearables Market by Market Share and Revenue in 2025?
Major companies operating in the military wearables market include Aselsan A.S., Bionic Power Inc., Lockheed Martin Corporation, BAE Systems plc, Saab AB, General Dynamics Corporation, Elbit Systems Ltd., L3Harris Corporation, Rheinmetall AG, Safran S.A, Thales Group, Northrop Grumman Corporation, Ultra Electronics Holdings, Teledyne Flir LLC, Leonardo S.P.A., Viasat Inc., TE Connectivity Ltd., TT Electronics PLC., Interactive Wear AG, Epsilor-Electric Fuel Ltd., Glenair Inc., Milpower Source Inc., Safariland L.L.C., Singapore Technologies Engineering Ltd., Honeywell International Inc., Raytheon Technologies Corporation, Alpha Design Technologies, Revision Military, SECRE International Inc., Tactical Systems Group
Which Regions Offer the Highest Growth Potential in the Military Wearables Market?
Asia-Pacific was the largest region in the military wearables market in 2024. The regions covered in the military wearables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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