Report Code: A08537 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Military Eyewear Market
Request Now !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 eyewear are designed to handle extreme conditions such as middle east climate (intense heat and frequent dust storms). Military eyewear market also feature interchangeable lenses for day & night operations and protective cases for storage when not in use. The governments of several countries are investing for highly efficient military eyewear. For instance, some major defense manufacturing companies such as BAE Systems, Leonardo DRS, L3 Harris are currently developing enhanced night vision goggles (ENVGs) under US army contracts.Â
COVID-19 Scenario analysis:
Increase in need for soldier coordination & training, rise in asymmetric warfare, alleged geopolitical conflicts, and soldier modernization programs are some of the major factors that drive the growth of military eyewear market. However, procurement of conventional warfare systems rather than advanced military wearables by emerging economies are hampering the growth of the military wearable market. On the contrary, advancement & miniaturization of night vision technologies in eyewear will be opportunistic for the future growth of global military eyewear market.
Soldiers security becomes topmost concern for defense agencies especially in current ongoing war like situations in Syria, Iraq, Yemen etc. 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, with the increasing need for soldier coordination & training, military wearables demand will grow, and hence will contribute in the growth of global military eyewear market.
Several military eyewear equipment has become compact and lightweight. The technological advancement of military eyewear has contributed in the increase in their procurement by defense forces. For instance, in 2018, BAE Systems (a British multinational defense, security, and aerospace company) signed a contract worth of 97 million USD from the US Army for the supply of new night vision goggles and thermal weapon sights. Thus, military eyewear market is expected to grow further with the further advancements & miniaturization in night vision technologies.Â
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Questions answered in the military eyewear market research report:
Military Eyewear Market Report Highlights
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Key Market Players | L3Harris Technologies Inc, Northrop Grumman Corporation., Saab AB, Rheinmetall AG, Safran, ASELSAN A., BAE Systems, General Dynamics Corporation, Lockheed Martin Corporation, Thales Group, Elbit Systems Ltd. |
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