Connect with us

Technology

Military Wearable Sensors Market size is set to grow by USD 187.4 million from 2024-2028, Increased spending on military modernization programs boost the market, Technavio

Published

on

NEW YORK, June 12, 2024 /PRNewswire/ — The global military wearable sensors market size is estimated to grow by USD 187.4 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 7.28%  during the forecast period. Increased spending on military modernization programs is driving market growth, with a trend towards usage of iot and big data in militaries. However, high cost of r and d  poses a challenge. Key market players include ASELSAN AS, BAE Systems Plc, Bionic Power Inc., Elbit Systems Ltd., Epsilor Electric Fuel Ltd., General Electric Co., Honeywell International Inc., Interactive Wear AG, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rheinmetall AG, Saab AB, Safran SA, TE Connectivity Ltd., Teledyne Technologies Inc., Thales Group, TT Electronics Plc, and Viasat Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Military Wearable Sensors Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.28%

Market growth 2024-2028

USD 187.4 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.65

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 36%

Key countries

US, China, Germany, France, and Russia

Key companies profiled

ASELSAN AS, BAE Systems Plc, Bionic Power Inc., Elbit Systems Ltd., Epsilor Electric Fuel Ltd., General Electric Co., Honeywell International Inc., Interactive Wear AG, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rheinmetall AG, Saab AB, Safran SA, TE Connectivity Ltd., Teledyne Technologies Inc., Thales Group, TT Electronics Plc, and Viasat Inc.

Market Driver

The Military Wearable Sensors Market is experiencing significant growth due to the integration of Internet of Things (IoT) technology and big data analytics in the defense sector. IoT systems, primarily wireless sensor networks, are being used to gather critical data from various sources, including soldiers and military platforms. These sensors convert data into digital signals, which are then transmitted to command centers for analysis. Commanders utilize the insights gained from the data to make informed decisions, enhancing situational awareness. The market’s expansion is expected to continue during the forecast period. 

The Military Wearable Sensors market is experiencing significant growth due to the increasing demand for advanced technology in defense applications. Armies worldwide are investing in body sensors for tracking and monitoring soldiers’ health and performance. Clothes are integrated with sensors to collect data on body temperature, heart rate, and location. These sensors help in improving military efficiency and ensuring the safety of soldiers. Body-worn devices are also used for communication and intelligence gathering.

The use of body sensors in military applications is a trend that is gaining momentum and is expected to continue in the coming years. Devices are made to be lightweight and durable to cater to the rigors of military use. The market for military wearable sensors is expanding as technology advances and military requirements evolve. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         The global military wearable sensors market faces significant growth due to increasing demand for tactical applications and surveillance needs. Advanced sensors reduce casualties and support information warfare. Vendors, particularly those in the US, must invest heavily in R&D to meet demand. Extended development periods and rigorous testing increase costs, potentially hindering market growth.

•         The Military Wearable Sensors market faces several challenges. These include the need for conditional sensors that can adapt to various environments and situations. The requirement for long battery life and lightweight designs is also crucial. Additionally, ensuring secure data transmission and protection is a significant challenge.

•         Furthermore, integrating multiple sensors into a single platform while maintaining accuracy and reliability is a complex task. Lastly, cost-effectiveness and ease of use are essential factors for widespread adoption in military applications. Addressing these challenges will drive innovation and growth in the Military Wearable Sensors market.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

Type 1.1 Device-based sensors1.2 Clothing-based sensorsApplication 2.1 Headwear2.2 Bodywear2.3 Eyewear2.4 Wristwear2.5 HearablesGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Device-based sensors-  Wearable devices with integrated sensors have become essential tools in military applications. These include goggles, keychains, watches, and health-tracking wristbands. GPS is a common feature in these devices, providing real-time position and velocity data for situational awareness. Integration of wearable displays with GPS offers soldiers crucial satellite images for military intelligence. The US military has successfully utilized GPS in missions like Desert Storm and Desert Shield. Consequently, the device-based sensors segment in the military wearable sensors market is projected to expand significantly during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Military Wearable Sensors Market encompasses the latest inventions in IoT technology, integrating smart devices such as goggles, watches, key chains, bracelets, and military wearable scopes. These advanced sensors enable real-time soldier monitoring, assessing physiological parameters including heart rate, respiration, hydration level, and fatigue.

Cloud services facilitate the interpretation and analysis of this data in command centers, enhancing military protection and modernization programs. The integration of wearable technology into military operations significantly improves situational awareness and response times, providing a strategic advantage on the battlefield.

Market Research Overview

The Military Wearable Sensors Market encompasses a range of advanced technologies designed to enhance military operations. These sensors come in various forms, including body-worn and head-mounted devices. They provide real-time data on crucial parameters such as heart rate, temperature, and location. The integration of artificial intelligence and machine learning enables these sensors to analyze data and provide actionable insights.

The market is driven by the increasing demand for improved situational awareness and the need for force protection. Additionally, the development of miniaturized and lightweight sensors is fueling the growth of this market. The use of wearable sensors in military applications offers significant benefits, including increased efficiency, enhanced safety, and improved decision-making capabilities.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeDevice-based SensorsClothing-based SensorsApplicationHeadwearBodywearEyewearWristwearHearablesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/military-wearable-sensors-market-size-is-set-to-grow-by-usd-187-4-million-from-2024-2028–increased-spending-on-military-modernization-programs-boost-the-market-technavio-302170363.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Greater Precision of HER2-Expressing Breast Cancer Treatment with 3D Pathology: New JelloX Research Collaboration

Published

on

By

In the preliminary findings of a study conducted with the National Taiwan University Hospital, over 50% of sample cases were reclassified as HER2-expressing when 3D pathology was applied.

HSINCHU, April 17, 2025 /PRNewswire/ — JelloX Biotech Inc., a Taiwan-based startup at the forefront of cancer pathology, announced the preliminary results of a research collaboration with the National Taiwan University Hospital (NTUH) on breast cancer patients. The study found that JelloX’s 3D pathology technology identified a significantly increased proportion of tumors with HER2-low and HER2-ultralow expression compared to conventional methods, demonstrating this technology’s increased sensitivity and potential as a superior diagnostic tool for HER2 detection in breast cancers.

Contact JelloX at sales@jellox.com to explore partnerships and learn more about the company’s cutting-edge 3D pathology technology.

According to the US National Cancer Institute, breast cancer is the most prevalent form of cancer. However, the difficulty of precisely determining treatment has made the identification of HER2 expression essential. In HER2-low and HER2-ultralow metastatic breast cancer, the novel antibody-drug conjugate (ADC) Trastuzumab deruxtecan (T-DXd) has demonstrated robust efficacy over conventional chemotherapy. Yet considering HER2 spatial heterogeneity, traditional diagnostic methods have shown to be less precise than 3D pathology in detecting the presence of the HER2 protein.

“For the specific challenges posed by metastatic breast cancer and the need to identify predictive biomarkers accurately, the high sampling capacity of 3D pathology holds particular potential,” commented Dr. Yen-Yin Lin, CEO of JelloX. “JelloX Biotech’s Comprehensive HER2 Diagnostic Solution is poised to revolutionize HER2 diagnostics. With a more comprehensive data set on tumor samples, healthcare providers can be empowered to make more precise diagnoses, ensuring that the right patients receive the right treatment at the right time.”

New findings with NTUH on HER2 breast cancer

In JelloX’s research collaboration with NTUH, preliminary findings indicate that more than half of the analyzed cases exhibited diagnostic discrepancies when re-evaluated using the company’s advanced 3D pathology methods. Notably, among patients initially classified as HER2-null by traditional methods, more than 66.7% were reclassified as HER2-expressing (HER2-low or HER2-ultralow) using 3D technology, thereby becoming potentially eligible for T-DXd treatment.

These findings echo the company’s recent results using samples from colorectal and esophageal cancers, demonstrating that 3D pathology may have broader potential across various cancer types.

The full findings will be shared at the Global Breast Cancer Conference in South Korea on April 17. https://gbcc.kr/Main.asp

Implications for breast cancer treatment and drug guidelines

T-DXd has demonstrated significant efficacy in tumors with HER2 expression. However, tumors classified as HER2-null under conventional pathological testing are ineligible for T-DXd treatment. By detecting HER2 more precisely using 3D pathology methods, we can identify more patients eligible for T-DXd therapy.

In addition to cancer patients, JelloX’s 3D pathology technology has the potential to expand possibilities across healthcare stakeholders:

For physicians: This advanced diagnostic tool offers a more comprehensive patient data set and, when integrated with AI, helps reduce physician workloads.For pharmaceutical companies and research institutions: The technology enhances companion diagnostics (CDx) for drug usage and is a valuable tool for new drug development.For healthcare systems: 3D pathology optimizes medical resource allocation and minimizes unnecessary financial and healthcare burdens.

About JelloX Biotech Inc.

Based in Hsinchu, Taiwan, JelloX Biotech Inc. is a startup that focuses on advancing cancer pathology through 3D digital imaging and AI technology. 

For more information, please visit: https://jellox.com/en/home/

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/greater-precision-of-her2-expressing-breast-cancer-treatment-with-3d-pathology-new-jellox-research-collaboration-302431092.html

SOURCE JelloX Biotech Inc.

Continue Reading

Technology

HTX Completes Fireblocks Off-Exchange Integration, Advancing Institutional Trading Security and Efficiency

Published

on

By

SINGAPORE, April 16, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, has successfully integrated and launched Fireblocks Off-Exchange, a next-generation solution for institutional trading.

“This integration represents a strategic expansion of HTX’s institutional offerings,” said Justin Sun, Advisor to HTX. “Fireblocks’ state-of-the-art technology enhances our platform’s security infrastructure while streamlining institutional operations within a compliant framework. Looking ahead, we remain committed to delivering cutting-edge solutions that make HTX the preferred gateway for institutions entering the digital asset market.”

This milestone reinforces HTX’s commitment to delivering a secure, compliant, and seamless trading environment for its global institutional clientele.

Fireblocks Off-Exchange: Revolutionizing Institutional Asset Security

Fireblocks Off-Exchange enables institutions to securely trade digital assets by maintaining funds in self-custodied, off-exchange collateral accounts, while simultaneously receiving 1:1 credit on the exchange. This dramatically reduces counterparty risk while maintaining the speed and capital efficiency of centralized trading.

The solution facilitates rapid, low-cost settlement across platforms, ensuring assets remain under institutional-grade security throughout the trade lifecycle. A robust disaster recovery mechanism guarantees recoverability of funds even under extreme conditions, enabling institutional clients to retain control over private keys while accessing deep exchange liquidity.

HTX: Reinforcing Institutional Confidence in the Crypto Market

By deploying Fireblocks Off-Exchange, HTX strengthens its platform’s regulatory posture and operational resilience—critical factors in today’s evolving digital asset landscape. The integration aligns with HTX’s broader mission to advance institutional participation through enhanced asset protection and compliance infrastructure.

Since the launch, HTX has onboarded numerous institutional clients and recorded a 200% increase in trading volume, validating market demand for secure off-exchange settlement models.

A Step Toward the Future of Compliant Institutional Trading

As the crypto industry continues to mature, HTX remains committed to innovation in asset protection, regulatory alignment, and institutional services. The Fireblocks Off-Exchange integration marks another key milestone in HTX’s journey to provide a best-in-class, compliant trading experience tailored to institutional needs—positioning the exchange as a global leader in secure digital asset trading.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

Photo – https://mma.prnewswire.com/media/2666638/1.jpg
Logo – https://mma.prnewswire.com/media/2391903/image_ID__Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/htx-completes-fireblocks-off-exchange-integration-advancing-institutional-trading-security-and-efficiency-302430596.html

Continue Reading

Technology

Rio Tinto and AMG Metals & Materials to assess low-carbon aluminium project in India

Published

on

By

LONDON, April 17, 2025 /PRNewswire/ — Rio Tinto and AMG Metals & Materials (AMG M&M), an energy transition solutions provider, have signed a Memorandum of Understanding (MOU) to jointly assess the feasibility of developing an integrated low-carbon aluminium project powered by renewable energy in India. AMG M&M is promoted by the two founders of Greenko and AM Green.

Together, the parties will consider the potential development of up to a 1 million tonnes per annum (Mtpa) primary aluminium smelter and 2 Mtpa of alumina production, both powered by renewable wind and solar energy firmed by pumped hydro storage. The development will comprise a study to evaluate a potential first phase 500,000 tonnes per annum primary aluminium smelter in a favourable location in India.

Rio Tinto Aluminium Chief Executive Jérôme Pécresse said: “This study is an important step in our ambition to grow our global, low-carbon aluminium footprint while exploring new project delivery approaches and opportunities in emerging markets. Partnering with AMG Metals & Materials enables us to assess how we can develop low-cost responsible aluminium production powered by renewable energy. With its rapid economic growth and strategic position, India is a compelling location for this potential project and aligns with our long-term vision for a globally more diverse and resilient aluminium business.”

As part of the study, AMG M&M will examine a firmed renewable energy solution with Greenko, while Rio Tinto will explore a commercial alumina solution. The study will also assess smelting technology options to determine the most cost-effective solution for the project.

Group President of AMG Metals & Materials and Greenko Mahesh Kolli said: “Over the last few years, we have been able to deliver a multitude of decarbonization solutions comprising electricity, molecules, chemicals and fuels. We are excited to expand that further to the materials space. This MOU could deliver much needed low-carbon metal at scale to propel decarbonization initiatives in global supply chains across auto, construction, consumer packaging and many more segments.”

About AMG Metals & Materials

AMG Metals & Materials is incorporated by Anil Chalamalasetty and Mahesh Kolli, the founders of Greenko Group, one of India’s leading energy transition solutions providers, and AM Green, a global decarbonization solution provider. Greenko has a near-term operational renewable energy capacity of 10 GW across solar, wind and hydro and is building 100 GWh of single cycle storage capacity across India. AM Green is developing low-carbon ammonia projects across multiple locations in India with a goal to reach 5 Mtpa of green ammonia capacity by 2030. Its first plant currently under construction in Kakinada with a projected capacity of 1 Mtpa of green ammonia will be one of the world’s largest RFNBO compliant green ammonia facilities, supporting efforts to achieve net zero targets both in India and OECD markets. AM Green is also developing production capabilities for other net zero molecules and chemicals including green caustic soda, e-methanol, olefins & biofuels for decarbonization in hard to abate industries. Further information at www.amgreen.com

Contacts

AMG Metals & Materials

Suheil Imtiaz
Public Affairs & Strategic Communication
suheil.m@amgreen.com

Rio Tinto
media.enquiries@riotinto.com

 

Media Relations,

Media Relations,

Media Relations,

United Kingdom

Australia

Canada

Matthew Klar

Matt Chambers

Simon Letendre

M +44 7796 630 637

M +61 433 525 739

M +1 514 796 4973

David Outhwaite

Michelle Lee

Malika Cherry

M +44 7787 597 493

M +61 458 609 322

M +1 418 592 7293

Rachel Pupazzoni

Vanessa Damha

M +61 438 875 469

M +1 514 715 2152

Media Relations,

US

Jesse Riseborough

M +1 202 394 9480

Investor Relations,

Investor Relations,

United Kingdom

Australia

Rachel Arellano

Tom Gallop

M: +44 7584 609 644

M +61 439 353 948

David Ovington

Amar Jambaa

M +44 7920 010 978

M +61 472 865 948

Laura Brooks

M +44 7826 942 797

Weiwei Hu

M +44 7825 907 230

Rio Tinto plc

Rio Tinto Limited

6 St James’s Square

Level 43, 120 Collins Street

London SW1Y 4AD

Melbourne 3000

United Kingdom

Australia

T +44 20 7781 2000

T +61 3 9283 3333

Registered in England

Registered in Australia

No. 719885

ABN 96 004 458 404

riotinto.com
Category: General

Logo – https://mma.prnewswire.com/media/2490224/5271756/AM_GREEN_Logo.jpg
Logo – https://mma.prnewswire.com/media/2666530/Rio_Tinto.jpg

View original content:https://www.prnewswire.co.uk/news-releases/rio-tinto-and-amg-metals–materials-to-assess-low-carbon-aluminium-project-in-india-302430747.html

Continue Reading

Trending