Global Military Wearable Market Overview
Military Wearable Market Size was valued at USD 3.5 Billion in 2022. The Military Wearable market industry is projected to grow from USD 3.58 Billion in 2023 to USD 4.37 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 2.50% during the forecast period (2023 - 2032). Increased adoption of advanced wearable technology and implanting more capabilities in wearable military technologies are the key market drivers enhancing the market growth.
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Military Wearable Market Trends
- Growing adoption of advanced wearable technology is driving the market growth
The market CAGR for military wearables is driven by the rising adoption of advanced wearable technology. The groundbreaking items known as wearables are an essential part of a soldier’s uniform. They maintain communication between the soldiers, boosting connectedness and overall effectiveness. Specialized applications can be developed to keep an eye on and manage the soldiers stationed in dangerous places.
Additionally, communication networks may come afterward. The Internet of Battlefield Things (IoBT) and implantable sensor technology, such as Wireless Body Area Networks (WBANs), will enable totally digital battlefield administration. During the anticipated time frame, these cutting-edge technologies will drive market expansion.
In the military, size, weight, and power (SWaP) considerations must be given to every piece of equipment. Weight gain will reduce a soldier’s mobility, responsiveness, agility, and effectiveness. Wearables decrease the need to carry gear in a pack or by hand, and the overall technology burden is reduced by adding more capabilities to those wearables. Military personnel can bring fewer gadgets due to the integration of more capabilities into personal equipment, which is spurring market expansion. Military wearable also includes tracking and health monitoring equipment, heated gear, and communication gadgets. More than just audio messages are exchanged during combat. Military technology must be portable and multipurpose. The creation of compact, multipurpose devices by new wearable technologies is replacing the need to bulk up soldiers and add more widgets. New wearable technologies are developing compact, multipurpose devices to connect people and make battlefield soldiers more dependable rather than bulking up the soldier and adding additional widgets. As a result, it is anticipated that throughout the projection period, demand for military wearables will rise due to the rising adoption of advanced wearables. Thus, driving the Military Wearable market revenue.
Military Wearable Market Segment Insights
Military Wearable Type Insights
The Military Wearable market segmentation, based on type, includes headwear, eyewear, wristwear, hearables, and bodywear. The headwear segment dominated the market, accounting for a maximum of market revenue. The headwear segment is growing due to the integration of headwear with technology advancement (Augmented Reality (AR) & Virtual Reality (VR)). Modern military wearables include an integrated camera, a fire control computer, and a display for enhanced low-light capability. For instance, Surface Optics Corporation developed a 3D camera technology for multispectral imaging that captures the information required to generate complete multispectral cubes with each focal plane exposure.
Military Wearable Technology Insights
The Military Wearable market segmentation, based on technology, includes communication & computing, network and connectivity management, navigation, vision & surveillance, exoskeleton, monitoring, power and energy source, and smart textiles. The vision & surveillance segment generates the most income. Companies have been investing heavily in research to create integrated wearables with improved capabilities that can give soldiers mobility, command, survivability, sustainability, safety, control, communication, and intelligence. Military wearable technology advancements have aided troops in overcoming challenging conditions, including battle and bad weather. The newest generation of night vision goggles is made to improve visibility in a range of conditions, including dust, smoke, low light, and underground. As a result, the market for vision & surveillance equipment is growing as soldiers increasingly use thermal cameras and night vision goggles.
Military Wearable End-User Insights
The Military Wearable market segmentation, based on end-users, includes the army, navy, and air force. The army category generated the most income due to modern design elements of military wearables that enhance the army’s capabilities since soldiers are frequently exposed to dangerous working conditions that raise the risk of loss of life.
Figure 1: Â Military Wearable Market, by End-User, 2022 & 2032 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Military Wearable Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Military Wearable market area will dominate this market, owing to an rise in the adoption of next-generation advanced wearables for personnel and the presence of key manufacturers. In addition, the growing federal budget for military procurement plans for all military platforms, such as air, sea, and land, will boost market growth in this region.
Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Â MILITARY WEARABLE MARKET SHARE BY REGION 2022 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Military Wearable market accounts for the second-largest market share due to the growing adoption of wearables in all platforms, such as the army, navy and air force for several threat protection applications. Further, the German Military Wearable market held the largest market share, and the UK Military Wearable market was the fastest growing market in the European region.
The Asia-Pacific Military Wearable Market is expected to grow at the fastest CAGR from 2023 to 2032 due to increasing adoption driven by threats such as cross-border disputes, terrorism, and sensitive multi-cultural issues. Moreover, China’s Military Wearable market held the largest market share, and the Indian Military Wearable market was the fastest growing market in the Asia-Pacific region.
Military Wearable Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Military Wearable market grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Military Wearable industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Military Wearable industry to benefit clients and increase the market sector. In recent years, the Military Wearable industry has offered some of the most significant advantages to the military. Major players in the Military Wearable market, including BAE Systems PLC (UK), Elbit Systems Ltd. (Israel), Thales Group (France), Saab AB (Sweden), General Dynamics Corporation (US), Rheinmetall AG (Germany), L3Harris Corporation (US), and others, are attempting to increase market demand by investing in research and development operations.
L3Harris Technologies, Inc. is an American technology firm that creates command and control systems and products, wireless gear, tactical radios, avionics and electronic systems, night vision gear, and both terrestrial and space-borne antennas for use in the government, defense, and commercial sectors. They are experts in electronic warfare, microwave weapons, and surveillance solutions. Integrity, excellence, and respect are the cornerstones of everything the company does and serve as an example for team members across the world. The company’s choices and actions are supported by moral, truthful, and responsible behavior. The company approaches every problem with a sustainable, inclusive, and community-focused strategy. Companies achieve the greatest levels of performance via faultless execution, a customer-centric mindset, and ongoing innovation. In October 2022, L3Harris Technologies unveiled a new product called Iriduium Distributed Tactical Communication without having a satellite radio.
Logistik Unicorp was established in 1993. Following a career in the civil service and Canadian diplomatic service, the company’s founder, Louis Bibeau, saw a special commercial potential and entered the neckwear sector. In order to deliver every element of a uniform program from A to Z, he created a concept in 1993 that merged design, information technology, and innovation. He made a bold, successful offer using this innovative strategy, which is now known as “managed services” or “managed clothing solutions” and is extensively utilized throughout the world. Today, Logistik Unicorp is a leader in the provision of solutions, services, and goods that enhance the appearance, comfort, and security of those wearing uniforms. In October 2022, The Canadian government and the Department of National Defense inked a collaboration agreement with Logistik Unicorp, a  leader and dependable provider of military-grade uniforms and equipment to Canada and its allies, to work together to supply the Canadian Armed Forces with operational apparel and footwear.
Key Companies in the Military Wearable market include
- BAE Systems PLC (UK)
- Elbit Systems Ltd. (Israel)
- Thales Group (France)
- Saab AB (Sweden)
- General Dynamics Corporation (US)
- Rheinmetall AG (Germany)
- L3Harris Corporation (US)
Military Wearable Industry Developments
For Instance, October 2022 L3Harris Technologies was given a contract by the US Army to offer AN/PRC-163 Leader and AN/PRC-158 Manpack radios. These products provide military personnel networking capabilities for several missions. The five-year base period and an extra five-year option were both included in the contract’s total worth of USD 235 million.
For Instance, February 2022 Representatives from the defense ministries of Norway, Finland, and Sweden signed a contract for the collective purchase of uniforms from the same suppliers for all soldiers serving in the Nordic region. The contract had a USD 435.46 million total value.
For Instance, July 2022 the US Marine Corps awarded L3Harris Technologies a USD 176 million contract to supply multi-channel handheld and mobile radio equipment.
Military Wearable Market Segmentation
Military Wearable Type Outlook
- Headwear
- Eyewear
- Wristwear
- Hearables
- Bodywear
Military Wearable Technology Outlook
- Communication & Computing
- Network and Connectivity Management
- Navigation
- Vision & Surveillance
- Exoskeleton
- Monitoring
- Power and Energy Source
- Smart Textiles
Military Wearable End-User Outlook
Military Wearable Regional Outlook
-
North America
-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
-
Rest of the World
- Middle East
- Africa
- Latin America
Report Attribute/Metric
|
Details
|
Market Size 2022
|
USD 3.5 Billion
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Market Size 2023
|
USD 3.58 Billion
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Market Size 2032
|
USD 4.37 Billion
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Compound Annual Growth Rate (CAGR)
|
2.50% (2023-2032)
|
Base Year
|
2022
|
Market Forecast Period
|
2023-2032
|
Historical Data
|
2018-2022
|
Market Forecast Units
|
Value (USD Billion)
|
Report Coverage
|
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
|
Segments Covered
|
Type, Technology, End-User, and Region
|
Geographies Covered
|
North America, Europe, Asia Pacific, and the Rest of the World
|
Countries Covered
|
The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
|
Key Companies Profiled
|
 BAE Systems PLC (UK), Elbit Systems Ltd. (Israel), Thales Group (France), Saab AB (Sweden), General Dynamics Corporation (US), Rheinmetall AG (Germany), L3Harris Corporation (US)
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Key Market Opportunities
|
Development and integration of advanced technology
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Key Market Dynamics
|
Irising development of advanced and lightweight wearable systems
Rising adoption of advanced technology
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Frequently Asked Questions (FAQ) :
The Military Wearable market size was valued at USD 3.5 Billion in 2022.
The market is projected to grow at a CAGR of 2.50% during the forecast period, 2023-2032.
North America had the largest share in the market.
The key players in the market are BAE Systems PLC (UK), Elbit Systems Ltd. (Israel), Thales Group (France), Saab AB (Sweden), General Dynamics Corporation (US), Rheinmetall AG (Germany), L3Harris Corporation (US).
The headwear category dominated the market in 2022.
The army had the largest share in the market.