“Global Military Augmented Reality (MAR) market worth $1.40 billion in 2018” says Visiongain report

05 October 2018
Defence

Visiongain’s new report the Military Augmented Reality (MAR) Technologies Market Report 2018-2028: Forecasts by Platform (Dismounted Soldiers, Land Vehicles, Naval Vehicles, Aerial Vehicles), by Technology (Helmet Mounted Display Systems (HMD), Heads-Up Display (HUD), and Smart Glasses, Plus Analysis of Leading Companies indicates that the global military augmented reality systems market will see $1.4bn in spending in 2018.

The lead analyst of the report said: "Augmented Reality is being increasingly looked at by military and defence forces across the world owing to its ability to provide a high level of immersion, thereby enhancing the situational awareness and combat readiness of soldiers. It is also expected to be increasingly used for military training in applications such as battlefield simulation, which enables soldiers to train in settings identical to real life scenarios. The commercial sector is leading the way in terms of innovations pertaining to Augmented Reality devices, with the military expected to adopt this technology in the coming years. The demand for such devices is expected to increase in countries seeking to modernize their military by providing enhanced training through advanced wargames and simulations due to the increasing need to train armed forces for asymmetrical warfare."

The 200+ page report contains 150+ tables, charts and graphs that add visual analysis in order to explain developing trends within the military augmented reality market. Visiongain provides sales forecasts for the period 2018-2028 for the 4 leading submarkets, namely military augmented solutions for dismounted soldiers and land vehicles. The report also includes projections for military augmented reality systems for HMDs, HUDs, and Smart Glasses based emerging and next-generation technologies.

The comprehensive report offers market forecasts and analysis for 10 countries markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 8 companies leading the field in military augmented reality.

The Military Augmented Reality (MAR) Technologies Market Report 2018-2028: Forecasts by Platform (Dismounted Soldiers, Land Vehicles, Naval Vehicles, Aerial Vehicles), by Technology (Helmet Mounted Display Systems (HMD), Heads-Up Display (HUD), and Smart Glasses, Plus Analysis of Leading Companies report will be of value to anyone who wants to better understand the military augmented reality systems market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the military augmented reality industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

“Visiongain reveals Top 20 Distributed Fibre Optic Sensing (DFOS) Companies market share & competitive positioning”

Visiongain believes that this market will enjoy substantial growth during the forecast period, and will grow at a CAGR of 11.4% from $1,040m in 2019 to become worth $3,074.1m in 2029.

14 March 2019

Read

“Smart Sensors market set to grow to US$ 310.7mn by 2029” says new Visiongain report

This exciting market is expected to reach US$310.7mn in 2029, due the expanding use and greater proliferation of the technology.

01 March 2019

Read

“Supersonic and Hypersonic Missiles market worth $11.1 billion in 2019” says Visiongain report

Supersonic and hypersonic missile technology is being increasingly looked at by military and defence forces across the world owing to successful testing such weapons systems by countries such as China and Russia.

28 February 2019

Read

“Robust Military Avionics Market Driven by Near-Peer expenditure, set to grow to $42bn by 2029” say new Visiongain report

This report evaluates the current levels of global expenditure invested in the Military Aircraft Avionics market.

26 February 2019

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever
WOOCS 2.2.1