Albany, NY -- (SBWIRE) -- 08/29/2017 -- 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.
The global military wearable sensors market to grow at a CAGR of 10.75 % during the period 2017-2021. 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:
- Americas
- APAC
- EMEA
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Technavio's report, Global Military Wearable Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- Boeing
- Ledios
- Lockheed Martin
- Rheinmetall
- Safran Group
- TT Electronics
Other prominent vendors
- Arralis
- Inova Design Solutions
- Q-Track
Market driver
- Increased focus on development of biosensors
- For a full, detailed list, view our report
Market challenge
- Risk of cyber intrusion
- For a full, detailed list, view our report
Market trend
- Research on next-generation sensors
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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