Global Military Wearables Market Size study & Forecast, by End User, by Technology, by Wearable Type and Regional Analysis, 2023-2030

Description

List of Tables

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

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

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
8.5. 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

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)