Military Wearable Sensors - Global Strategic Business Report

Global Military Wearable Sensors Market to Reach $813.5 Million by 2030

The global market for Military Wearable Sensors estimated at US$557.4 Million in the year 2022, is projected to reach a revised size of US$813.5 Million by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. Military Device-Based Sensors, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$665.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Military Clothing-Based Sensors segment is readjusted to a revised 4.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $166.7 Million, While China is Forecast to Grow at 4.6% CAGR

The Military Wearable Sensors market in the U.S. is estimated at US$166.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$143 Million by the year 2030 trailing a CAGR of 4.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

Select Competitors (Total 34 Featured) -

• Arralis Ltd.
• Boeing Company
• Leidos, Inc.
• Lockheed Martin Corporation
• Q-Track Corporation
• Rheinmetall AG
• Safran Group
• TT Electronics PLC

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• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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