Military Wearable Sensors Market Estimated to Witness a CAGR of 11% by 2023. New Research Report published By Market Research Future, provides information on Global Military Wearable Sensors Industry Analysis, Market Growth and Opportunity Assessment, Segmentation 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
Pune, India -- (SBWIRE) -- 09/06/2018 -- Military Wearable Sensors Market Highlights :
Military wearable sensors are wearable technologies that are worn on the body as accessories, which incorporate various features and functions, such as communication and health monitoring. The increased need for IoT platforms and technology innovation in sensor technology will enable manufacturers to offer new growth opportunities to the market players. However, there are some shortcomings, such as the risk of cyber intrusion, low consumer awareness, and safety concerns for security data, which are expected to restrain the growth of this market.
The market for military wearable sensors is estimated to witness a CAGR of 11% during the forecast period.
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Key Players
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)
- Q-Track (U.S.)
Scope of 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
Regional Analysis
On the basis of region, the market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. In North America, the rise in demand for modernization of military technology will boost the market. In Asia Pacific, the rise in adoption of IoT technologies for military advancement for the defense sector will boost the market. There are various instances that support the growth of the military wearable sensors market. For instance, in 2015, Arralis signed a contract with the U.K Ministry of Defence to provide a unique wearable technology and GNSS antenna. A various military application that has been improved due to the adoption of military wearable sensors such as better communication between troops and military animals, and providing 360-degree battlefield awareness.
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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
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
Continued........
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