Global AR & VR in Defense Market 2022 – 2032

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The advantages of utilizing AR and VR in military training are widely acknowledged. Researchers from the Official Naval Research found that non-gamers do worse than gamers at remembering visual objects and take longer to assimilate new knowledge. As a result, researchers believe that the game-like simulations made feasible by AR and VR can significantly enhance cognitive abilities and correlate virtual training with actual tasks. AR and VR are advantageous to managers who oversee operations and dispatch soldiers into the field.

Description

AR and VR have been used for equipment training, flying training, and weapon training in military operations all around the world for a long time. These resources can significantly lower the cost of preparing soldiers for situations that cannot be duplicated outside of actual warfare. The way that the military trains has been significantly impacted by recent breakthroughs in AR and VR. Technology is being used by AR and VR developers to make concepts of combat a reality.

HUD, also known as Enhanced Night Vision Goggles, is an AR tool that gives soldiers a superior night vision as well as tactical intelligence, such as the location of enemy or ally forces, as an overlay. The apparatus includes a targeting reticle that is wirelessly connected to the gun and displays the soldier’s point of aim. Because they are expensive, war-games, where armies can practice fighting one another, are rarely held. HUD technology is being used by soldiers in training as a less expensive substitute. A new generation of HUDs that can be customized, lightweight, strong, and small, is currently being developed. Due to the difference between what a squad leader should see and what a typical shooter must view, the latter aspect is crucial for AR gadgets.

There is widespread acceptance of the benefits of using AR and VR in military training. According to a research by the Official Naval Research, non-gamers have less developed visual fields, perform poorer at remembering visual objects, and absorb new information more slowly than gamers. Because of this, scientists think that game-like simulations made possible by AR and VR can considerably improve cognitive capacities and align virtual training with real-world activities. Leaders who oversee operations and send soldiers into the field benefit from AR and VR as well. Because augmented reality devices project real-time information onto their visors, they can obtain a better perspective on massive tasks.

Major factors driving the growth of the market

Training and simulation for troops will be the major driver for the growth of the market. Though initial development and procurement cost can be high, the operational cost is low compared to conventional training strategies.

Trends influencing the growth of the market

The use cases are made possible by 5G’s extremely low latency and tremendous bandwidth. Private 5G solutions ensure that applications receive the capabilities needed to carry out mission-critical processes for many defense and industrial customers, whereas public 5G networks either do not provide sufficient coverage, do not deliver a specific capability to the required level, or are deemed insufficiently secure. Private 5G networks have advantages in terms of security, latency, bandwidth, and other factors because they are owned by and operated entirely on the premises of a private entity. Hence proliferation of 5G network will be one of the key technologies that will influence the growth of the market.

Market Dynamics

Increasing need for advanced AR and VR in training and simulation will be the primary driver of the market. Increasing defense budgets due to geo political tensions in Europe, North America and Asia Pacific region will aid the procurement of AR and VR systems.

Developments

With a US defense contractor, Kopin obtains a $2M development contract for an in-vehicle display imaging system. A US prime defense contractor recently announced that Kopin Corporation, a supplier of high-resolution micro displays and sub-systems for augmented reality (AR) and virtual reality (VR) for use in defense, enterprise, and consumer applications, had been given a contract to create a new in-vehicle display imaging system. This is the second in-vehicle defense development contract that Kopin has received, according to the business, and it underscores recent efforts to penetrate the market. Due in part to its design and manufacturing expertise in precise display solutions for soldier-centric weapon sights, targeting systems, and pilot helmets for fixed and rotary aircraft, Kopin already has a foothold in US defense applications.

As it looks to improve its combat ability, the Indian military, which has long relied on state-owned businesses for its defense equipment needs, is increasingly utilizing goods created by entrepreneurs using augmented reality (AR) and virtual reality (VR). The military forces are working with startups on projects ranging from pilot instruction to aircraft repair, improving weapon efficiency, and even hardening tanks for battle. One example is a see-through suit of armor created by Mumbai-based AR/VR startup AjnaLens, which raised $12 crore in pre-series a funding last month. The technology, known as AjnaESAS (enhanced situational awareness system), has a 360-degree camera and an AR-based head-mounted display that gives the crew inside a tank a 360-degree horizontal field of view. There is a night mode.

Table of Contents

Market Definition

 

Market Segmentation

 

– By Component

– By Region

 

 

10 Year Market Outlook

 

The 10-year market outlook would give a detailed overview of changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.

 

Market Technologies

 

This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.

 

Global Market Forecast

 

The 10-year market forecast of this market is covered in detailed across the segments which are mentioned above.

 

Regional Market Trends & Forecast

 

The regional market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking.

 

North America

 

– Drivers, Restraints and Challenges

– PEST

– Market Forecast & Scenario Analysis

– Key Companies

– Supplier Tier Landscape

– Company Benchmarking

 

Europe

Middle East

APAC

South America

 

Country Analysis

 

This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.

 

US

– Defense Programs

– Latest News

– Patents

– Current levels of technology maturation in this market

– Market Forecast & Scenario Analysis

 

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

 

Opportunity Matrix

 

The opportunity matrix helps the readers understand the high opportunity segments in this market.

 

Expert Opinions

 

Hear from our experts their opinion of the possible outlook for this market.

 

Conclusions

 

About Aviation and Defense Market Reports

Countries Covered

US

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

Regions Covered

North America

South America

Europe

Middle East

Asia

Segments Covered

By Region

By Component