Military Hearable Market Outlook - 2027
In military environments, soldiers are exposed to noise for long time which can induce fatigue, and can lead to temporary or permanent hearing loss. At instance, even a single gunshot can temporarily affect soldier’s hearing capability, and can reduce situational awareness. Further, prolonged gunshot noise exposure can affect soldier’s career and can cause irreparable harm to soldier’s hearing. Therefore, soldiers use military hearables to prevent such losses. The military hearables are the equipment used by soldiers during the missions, training, or military exercises. Military hearables market are used to cut down the noise level in operations, and also boost the hearing of troops in the field. Military hearables also include radio communications. The technology reduces troop causalities across the globe. The other benefits of military hearables include their withstanding capability in sustaining harsh environmental conditions such as high temperatures, inside of water and others.
COVID-19 Scenario analysis:
- Due to COVID-19 situation, the production rate of military hearables 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 hearables.
- There will be a considerable rise in demand for military hearables post COVID-19 as the combat exercises will start resuming.
- As governments spending shift towards economic recovery due to COVID-19 pandemic, industries may experience reduction in quantity of order for military hearables 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 hearables market. However, the procurement of conventional warfare systems rather than advanced military hearables by emerging economies are hampering the market growth. Contrarily, advancement in technologies such as lightweight, more secure, and more efficient hearable equipment are opportunistic for the future growth of global military hearables 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. Thus, increase in need for soldier coordination & training military wearables contribute parallelly in the growth of the global military hearables market.
Advancement in hearable technology
Several military hearables have become compact, lightweight, and improved efficiency. The technological advancement of military hearables has contributed in increase in sale. For instance, till end of 2018, US army had purchased over 20,000 tactical communication and protective systems (TCAPS) of worth 2000 $ each. Therefore, military hearables market is expected to grow further with the advancements in hearable technology in the future.
Key benefits of the report:
- This study presents the analytical depiction of the global military hearables 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 hearables market share.
- The current market is quantitatively analysed to highlight the global military hearables market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global military hearables market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the military hearables market research report:
- Which are the leading market players active in the global military hearables 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?
Military Hearable Market Report Highlights
By End User
Key Market Players
BAE Systems, Safran, TE Connectivity., L3Harris Technologies Inc, Rheinmetall AG, Northrop Grumman Corporation., Saab AB, Elbit Systems Ltd., Lockheed Martin Corporation, General Dynamics Corporation, ASELSAN A.