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Military Wearable Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

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Wearable sensors are smart electronic devices worn on the body as accessories or implants which incorporate various features and functions. Wearable sensors comprise Internet of Things (IoT) such as software sensors, electronics, and connectivity that help objects to transfer data with the help of operator, manufacturer, and other related connected devices. Wearable sensors are now being heavily incorporated in the defense industry to cope up with the advancements in technology. Development of smarter, smaller, and cheaper sensors are likely to propel the demand for military wearable sensors over the forecast period. Increasing focus on the development of biosensors to analyze the mental health of a warrior is likely to be one of the crucial driving factors for the growth of the military wearable sensors market over the forecast period. Rise in need for military wearable sensors to monitor the psychological health of soldiers is also expected to fuel the market. These devices have the ability to integrate with other devices to transfer data at high accuracy and efficiency levels. U.S Army Research along with Defense Advanced Research Projects Agency (DARPA) has cooperated with Profusa to innovate and develop biosensors that are able to deliver real time health updates. Introduction and improvement of next generation sensors is likely to gain traction in this market. Rise in need for light weight and small size sensors which can be implanted in the skin is likely to drive the protection level of soldiers. This is likleyto facilitate the development of protection systems. Integration of IoT and AR technologies is likely to improve the growth potential of the military wearable sensors market over the forecast period.

By product type, the military wearable sensor market has been segmented into military device based sensors and military clothing based sensors. Military device based sensors comprise key chains, goggles, watches, and health tracking enabled wristbands. Military device based sensors held the dominant share of the military wearable sensors market in 2016 and the segment it is likely to retain its position over the forecast period. These devices contain global positioning systems to display and track the position of personnel and physical structures on the field. Moreover, the military based devices help to track the actual time data of soldiers in case of situational consciousness.

By geography, the military wearable sensors market is segregated into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America accounted for the dominant market share in 2016 and is likely to retain its dominance over the forecast period. Rise in demand from this region to improve military modernization efforts is expected to fuel the demand for military wearable sensors over the forecast period. Significant investment for the development and monitoring of solider health so as to develop the data security of military platforms is expected to drive the market in this region. Collaborations in order to develop the record and collection of data about soldiers is also expected to drive the military wearable sensors market in this region. Europe is predicted to be one of the most attractive markets in military wearable sensors owing to the huge spending on defense in this region. Germany, France, and the U.K. are likely to occupy significant shares of the military wearable sensors market over the forecast period. Asia-Pacific is an emerging region for the military wearable sensors market due to the adoption of IoT technologies for advancement of its defense industry.

The military wearable sensors market is highly fragmented and there is a large presence of numerous global vendors across the globe. Key players in the military wearable sensors market are Ledios, Boeing, Safran Group, TT Electronics, Lockheed Martin, Rheinmetall, Innova Design Solutions, Arralis, and Q-Track, among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
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