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Military Bodywears Market by Technology (Communication & Computing, Connectivity, Navigation, Exoskeleton, Monitoring, Power & Energy Management, and Smart Textiles) and End User (Land Forces, Airborne Forces, and Naval Forces): Global Opportunity Analysis and Industry Forecast, 2020–2027
| A08536 | Pages: NA | Jun 2021 | 428 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
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The military wearables are the equipment used by soldiers during the missions or military exercises. The technology reduces troop causalities across the globe. There are several types of military wearables such as headwear, eyewear, and bodywear. Military bodywears help in monitoring the physical state of soldiers during missions, enhance communication between troops & military stations, and in providing complete situational awareness. Further, military bodywears are used due to their withstanding capability in sustaining harsh environmental conditions such as high temperatures, inside the water. The governments of several countries are investing for highly efficient military bodywears. For instance, in November 2018, Lockheed Martin signed a contract worth of 7 million USD with US army for the enhancement of exoskeleton.Â
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value (USD) |
 Segments covered |  Technology, End User, and Region |
 Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and the rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa |
 Companies covered | Lockheed Martin Corporation, Thales Group, BAE Systems, TE Connectivity., Saab AB, General Dynamics Corporation, Elbit Systems Ltd., ASELSAN A.?., L3Harris Technologies Inc, Rheinmetall AG, Safran, and Northrop Grumman Corporation. |
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COVID-19 Scenario analysis:
- Due to COVID-19 situation, the production rate of military bodywears industries across the globe has been hampered due to the declared lockdowns and government restrictions on public gatherings.
- Training exercises such as Pitch Black 2020 and Milan 2020 have been cancelled due to the COVID-19 situation, which may impact procurement of military bodywears.
- There will be a considerable rise in demand for military bodywears post COVID-19 as the combat exercises will start resuming and governments may finalize the previous pending orders.
- As governments spending shift toward economic recovery due to COVID-19 pandemic, industries may experience reduction in quantity of order for military bodywears equipment.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Increase in need for soldier coordination & training, rise in asymmetric warfare, alleged geopolitical conflicts, and soldier modernization programs are the factors that drive the growth of the military wearables market. However, procurement of conventional warfare systems rather than advanced military wearables by emerging economies are hampering the market growth. On the contrary, advancement in technologies such as exoskeleton, smart textiles, power & energy management, and monitoring sensors is opportunistic for the future growth of global military bodywears market.
Increase in need for soldier coordination & training
Soldiers security becomes topmost concern for defense agencies especially in current ongoing war like situations in Syria, Iraq, and Yemen. Military wearables track the soldiers’ moment and provide real-time situational awareness to military office, which improves the troops coordination with the team. Moreover, military wearables improve the training of soldiers. Hence, increase in need for soldier coordination & training military wearables demand will continue to grow.
Advancement in bodywear technologyÂ
Military bodywears are in the phase of rapid development and has become more compact, lightweight, and has improved in efficiency. The technological advancement of military bodywears has contributed in increase in sale. For instance, development of wide range of body diagnostic sensors are largely used in health monitoring activities. Similarly, R&D work on advanced battery power exoskeleton are also in progress. This system will be used by land soldiers. Hence, further development and emergence of advance technologies will create significant demand in the global military bodywear market.Â
Key segments covered:
Segments | Sub-segments |
 Technology |
  |
 End User | Â
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Key benefits of the report:
- This study presents the analytical depiction of the global military bodywears industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global military bodywears market share.
- The current market is quantitatively analysed from 2020 to 2027 to highlight the global military bodywears market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed global military bodywears market analysis based on competitive intensity and how the competition will take shape in coming years.Â
Questions answered in the military bodywears market research report:
- Which are the leading market players active in the global military bodywears market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
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