Global Military Wearable Sensors Market 2017-2021
About Military Wearable Sensors
Sensors are electronic devices that are used for measuring certain parameters. The devices are designed to record instances when the magnitude of the parameter changes. They capture this change by converting the physical parameter into an equivalent output electrical signal. This signal is read by a display unit locally or is transmitted electronically to a remote location.Conventionally, sensors were used to measure physical parameters like temperature and pressure. Advances in technology and the growing need to measure multiple parameters have led to the development of sensors in the market. The devices can be classified in several ways, such as active or passive, depending on the requirement of a power source. Sensors that need a power supply are called active sensors, and those that can do without it are considered passive sensors. They can also be classified based on the parameters that are used for measuring.Technavio’s analysts forecast the global military wearable sensors market to grow at a CAGR of 10.75 % during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global military wearable sensors market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Military Wearable Sensors Market 2017-2021
Technavio recognizes the following companies as the key players in the global military wearable sensors market: Boeing, Ledios, Lockheed Martin, Rheinmetall, Safran Group, and TT Electronics.
Other Prominent Vendors in the market are: Arralis, Inova Design Solutions, and Q-Track.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is research on next-generation sensors. The sensors that are being researched for military cover a wide spectrum of applications. Researchers are looking to extend the application of commercial sensors for defense uses. They are focusing on developing lighter and smaller sensors. These sensors may be placed on the skin or integrated with the existing soldier protection systems.”
According to the report, one of the major drivers for this market is Increased focus on development of biosensors. Soldiers on the battlefield are vulnerable to the effects of weapons and chemical toxins. In addition, they are subject to occupational hazards such as fatigue and musculoskeletal injuries. This is because they carry military equipment, food, and essential supplies over long distances. It is observed that soldiers face immense mental stress in most of the missions.
Further, the report states that one of the major factors hindering the growth of this market is Risk of cyber intrusion. Wearable sensors that are used by the military are highly technology dependent. It takes considerable expertise to manufacture such high-end sensors. Soldiers must be trained enough to understand and get comfortable with the technology. Most sensors work wirelessly to transmit data to a digital platform. Any discrepancy with regard to manufacturing or training could lead to mishaps. Threats from external sources, such as hackers, can also lead to loss of confidential information. This puts a nation under serious security threats.
Boeing, Ledios, Lockheed Martin, Rheinmetall, Safran Group, TT Electronics, Arralis, Inova Design Solutions, and Q-Track.
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