Military Augmented Reality (Dismounted Soldier Application) Market to 2025 - Global Analysis and For

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Military Augmented Reality Market to 2025

No of Pages: 124 Published: June 2018 Single User PDF: US$ 4550

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Military Augmented Reality Market to 2025

Introduction

In our study, we have segmented the military augmented reality market by components, product types, and functions. The components segment includes lens, display, camera, sensors, memory & processor/controllers and others. The augmented reality systems have various functions in military such as navigation, situational awareness, night vision and asset management. Based on geography, the market for military augmented reality is categorized as North America, Europe, Asia Pacific, Middle East and Africa and South America. The military augmented reality market is estimated to account for US$ 1,797.5 Mn by the end of 2025, escalating at a CAGR of 17.4% during the forecast period from 2018 to 2025, from US$ 511.8 Mn in 2017. The growth of military augmented reality market is heavily driven by the significant increase in demand for situational awareness technologies among the defense forces across the globe and the need for hands-free navigation capabilities. The augmented reality systems have numerous advantages in the battlefield, providing the wearer with vital information related to their surroundings, locating positions, and identifying friend or foe among others, thus saving lives.

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Military Augmented Reality Market to 2025

Attributing to these advantages, the defense forces in the developed countries are investing substantial amounts in procurement of augmented reality along with development of advanced technology in the field. Moreover, the developing countries such as Mexico, India, Japan, Saudi Arabia, UAE and Brazil among others are also financing considerable amounts in procurement of advanced technologies including augmented reality systems for combat operations. The U.S Department of Defense is heavily investing in augmented reality systems in order to equip the armed forces with an opportunity to navigate without any hand-held GPS locator, allowing the soldier to look in one direction while simultaneously viewing the weapons point of view. The Advanced Information Technology of Naval Research Laboratory in collaboration with Columbia University is developing Battlefield Augmented Reality Systems (BARS) for armed forces during combat operation. The key aim of BARS is to provide the armed forces in battleground with enhanced situational awareness and managing assets.

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Military Augmented Reality Market to 2025 Companies Mentioned 1. BAE Systems 2. Applied Research Associates, Inc. 3. Google LLC 4. Osterhout Design Group 5. Six15 Technologies

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Military Augmented Reality Market to 2025

Attributing to these advantages, the defense forces in the developed countries are investing substantial amounts in procurement of augmented reality along with development of advanced technology in the field. Moreover, the developing countries such as Mexico, India, Japan, Saudi Arabia, UAE and Brazil among others are also financing considerable amounts in procurement of advanced technologies including augmented reality systems for combat operations. The U.S Department of Defense is heavily investing in augmented reality systems in order to equip the armed forces with an opportunity to navigate without any hand-held GPS locator, allowing the soldier to look in one direction while simultaneously viewing the weapons point of view. The Advanced Information Technology of Naval Research Laboratory in collaboration with Columbia University is developing Battlefield Augmented Reality Systems (BARS) for armed forces during combat operation. The key aim of BARS is to provide the armed forces in battleground with enhanced situational awareness and managing assets.

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