Military Wearables Market expected to reach $5.93 billion by 2031, driven by demand for night vision devices.

From GlobeNewswire: 2025-03-28 07:16:00

A new report from The Insight Partners analyzes the global Military Wearables Market, forecasting growth to reach $5.93 Billion by 2031 with a 3.9% CAGR. Night vision devices are in demand due to increasing terrorist threats. The UK’s Ministry of Defence signed a $155.54 million contract for night vision devices.

North America led the market in 2023, followed by Asia Pacific and Europe. The market is segmented by product type (eyewear, headwear, etc.) and end user (airborne, land, naval forces). Key players like BAE Systems and Raytheon are focusing on innovation and expansion.

The US Army is investing in new night vision devices for combat troops, with contracts awarded to companies like Microsoft. Budget allocations for advanced military equipment and increasing territorial disputes are driving the market. The market is poised for growth due to rising security concerns and technological advancements.



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