Military Augmented Reality Market forecast to 2027 insights shared in detailed report- BAE Systems, Applied Research Associates Inc., Google LLC, Osterhout Design Group, Six15 Technologies

The defense sector in developed nations as well as in developing nations are increasingly focusing on soldier modernization programs, owing to rapid increase in terrorist’s activities and civil unrest activities across the globe. The defense organizations in developed countries such as the US, the UK and Russia among others are heavily investing on research and development of robust technologies for soldiers. On the other hand, the defense forces with low defense budgets as compared to US, UK and Russia such as Mexico, , India, South Korea, Australia, United Arab Emirates, and Brazil among others are investing substantial amounts in procurement of advanced technologies in order to strengthen and modernize their armed forces. The modernization programs include, body armor, head protection, augmented reality systems, weaponries, armaments among others. The increasing soldier modernization programs across the globe is leading the military augmented reality market to propel over the years.

The military augmented reality systems market for dismounted soldiers application is expected to grow from US$ US$ 511.8 Mn in 2017 to US$ 1797.5 Mn by 2025 at a CAGR of 17.4% between 2017 and 2025.

Get Sample Copy of this Report @ https://www.theinsightpartners.com/sample/TIPTE100000801

The major players operating in the field of military augmented reality across the globe include Google LLC (United States), SIX15 Technologies (United States), Applied Research Associates Inc. (United States), Osterhout Design Group (United States) and BAE Systems (United Kingdom). Many other companies are investing in military augmented reality market owing to the potential improvements related to accuracy, and operational efficiency.

Among the different product types of augmented reality systems used in military, the most widely used product is the helmet mounted display. The product is best suitable for augmented reality in the defense sector. These helmet mounted displays are widely used by the defense aircraft pilots in order to understand the battlefield situation from a remote location, resulting in enhanced situational awareness. Currently, the technology is being implemented to the soldiers on the ground for the same purpose i.e. increase situational awareness. In addition, the information provided on the helmet mounted display is highly secured as this information is hidden from others, unlike to the traditional systems. Moreover, the helmet mounted displays facilitate in hands free navigation, mitigating the pain of carrying extra GPS locator, or night vision goggles among others, resulting in easy maneuverability of the military personnel.

The global military augmented reality market has been segmented on basis of four different parameters such as components, product types, functions and geography. Based on components, the market for military augmented reality is segmented as lens, display, cameras, sensors, memory & processor/controllers and others. The product type segment include helmet mounted display (HMD), heads-up display (HUD), smart glasses and goggles. The military augmented reality market is categorized on basis of functions as night vision, situational awareness, navigation and asset management. The market is further analyzed by categorizing the market on basis of five strategic regions across the globe as North America, Europe, Asia Pacific, Middle East and Africa, and South America.

Get Reasonable Discount on this Report @ https://www.theinsightpartners.com/discount/TIPTE100000801

Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global military augmented reality Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the military augmented reality Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Posted by on Friday September 20 2019, 5:16 PM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Featured Press Release, Software & Services, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

Comments are closed

News Categories

Featured Press Releases

Log in