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The military wearables market is projected to grow from USD 4.2 billion in 2019 to USD 6.4 billion by 2025, at a CAGR of 7.17% from 2019 to 2025NEW YORK, May 20, 2019 /PRNewswire/ -- Increasing defense spending and ongoing soldier modernization programs are key factors fueling the growth of the military wearables market across the globe. The North American region has the presence of countries such as the US and Canada, which are investing in the development of modern integrated wearable technologies. Moreover, increasing product developments and investments in the military wearables ecosystem by defense research agencies, large Original Equipment Manufacturers (OEMs), and start-ups are leading to the growth of the military wearables market in North America. Break-up of profiles of primary participants of the military wearables market • By Company Type - Tier 1 – 35 %, Tier 2 – 45%, and Tier 3 – 20% • By Designation – C Level – 35%, Director Level – 25%, and Others – 40% • By Region – North America -20%, Europe – 5%, Asia Pacific – 30%, and the Middle East – 45% Major companies profiled in the report are Lockheed Martin Corporation (US), BAE Systems Plc. (UK), Elbit Systems Ltd. (Israel), Aselsan A.S. (Turkey), Saab AB (Sweden), General Dynamics Corporation (US), Harris Corporation (US), L3 Technologies (US), Rheinmetall AG (Germany), and Safran (France), among others Research Coverage: This report presents a complete analysis of the military wearables market during the forecast period. The market has been classified based on end user (land forces, airborne forces, and naval forces), technology (communication and computing, connectivity, navigation, vision & surveillance, exoskeleton, monitoring, power & energy management, and smart textiles), wearable type (headwear, eyewear, wristwear, hearables, and bodywear), and region (North America, Europe, Asia Pacific, the Middle East, and Rest of the World (RoW)). Reasons to Buy This Report: From an insight perspective, this research report has focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles. These insights together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments of the military wearables market, high-growth regions, and drivers, restraints, challenges, and opportunities influencing the growth of the market. The report provides insights on the following pointers: • Market Penetration: Comprehensive information on military wearables offered by top market players • Market Sizing: The estimated size of the market in 2019 and its projection from 2019 to 2025 • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new products launched in the military wearables market • Market Overview: Market dynamics and subsequent analysis of the associated trends as well as drivers, restraints, opportunities, and challenges prevailing in the military wearables market • Market Development: Comprehensive information about lucrative markets – the report analyzes the markets for military wearables across different regions • Market Diversification: Exhaustive information about new products launched, untapped geographies, recent developments, and investments in the military wearables market • Regional Analysis: Factors influencing the growth of the military wearables market in North America, Europe, Asia Pacific, the Middle East, and Rest of the World (RoW) • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the military wearables market • Impact of Mega Trends: Effect of the growth of the electronic/network-centric warfare, which uses drones or cyber platforms utilizing Artificial Intelligence (AI) and embedded computing platforms, on the military wearables market Read the full report: https://www.reportlinker.com/p05777313/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |