Laser Defense Eyewear Market 2018 Global Key Leaders: Gentex Corporation, Metamaterial Technologies, Phillips Safety Products, Revision Military, ESS (Eye Safety Systems)

Market Highlights:

The global laser defense eyewear market is highly competitive, and vendors compete based on cost, product quality, reliability, and aftermarket service. It is crucial for the vendors to provide cost-effective and high-quality laser defense eyewear equipped with latest technologies to survive and succeed in an intensely competitive environment.

The growth of the market vendors is dependent on the market conditions, government support, and industry development. The market is marked by the presence of both international companies and small- and mid-sized ones. Most of them have implemented omni-channel strategies to stay afloat in the market and to compete with the major companies. Thus, the vendors should focus on expanding, geographically, and improving their products.

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Major Key Players

Honeywell International (U.S.),
Gentex Corporation (U.S.),
Metamaterial Technologies Inc. (Canada),
Phillips Safety Products Inc. (U.S.),
Revision Military (U.S.),
ESS (Eye Safety Systems, Inc.) (U.S.),
NoIR LaserShields (U.S.),
Laser Safety Industries (U.S.),
PerriQuest Defence Research Enterprises (U.S.) and ST Laserstrike (U.S.) are some of the leading players operating in the global laser defence eyewear market.

The global Laser Defence Eyewear Market is projected to grow from USD 660.7 Million in 2016 to USD 905.4 Million in 2023 with a CAGR of 4.70%.

Honeywell International is one of the major player, holding the top position in the global laser defense eyewear market. The company offers LPEs and advanced combat helmet (ACH) and provides ballistic composite materials that are used for a wide variety of armor applications, including law enforcement and defense applications. They provide effective lightweight materials that are sustained in all environments. Honeywell is serving the laser industry with laser protective eyewear, patient eye shield products and specialty filters for every industry where lasers are used.

The Gentex Corporation is headquartered in Carbondale, Pennsylvania, U.S. Gentex Corporation manufactures personal protection and situational awareness solutions for defense forces, emergency responders, and industrial personnel. The company has facilities in California, New Hampshire, North Carolina, Massachusetts, and United Kingdom. The company’s major strategy is to reinvest heavily in its employees, customers, capabilities and technologies, which further reflects in the positive growth of the business and innovation in the product development. The company had introduced its laser eye protection back in the late 1980s.

Metamaterial Technologies Inc. is headquartered in Canada. The company operates as a materials and systems engineering company that designs, develops, and commercializes optical filters and metamaterial-based systems. The laser protection is applied to ballistic eyewear systems to defend against the possibility of laser attacks in asymmetric warfare. Its products serve a range of applications, including optical filters, light sources, and solar panels. The major strategy of the company is to focus on the in-house expertise which will enable them for rapid development of a wide array of metamaterial applications, covering a diverse range of markets including aerospace & defence, and security.

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On the basis of applications, the global laser defense eyewear market has been segmented as civil and military. Military segment accounted for the largest share in 2016. Military includes the homeland security forces, military forces, and paramilitary forces. The advanced laser weapons have replaced the conventional guns and revolvers in the modern battlefield. These laser weapons are lethal, as they are capable of damaging one's eyes and skin and also result in death. The increasing number of laser attacks has drawn attention toward upgrading and enhancing of defensive equipment and strengthening armed forces to combat internal and external threats. In some countries, the military police and the armed troops make use of lethal weapons and noxious substances such as flesh-burning Maglite laser, Styrofoam napalm, bleach bomb, and squirt gun flamethrower to suppress enemy units. Moreover, the evolution of advanced laser weapons such as Personal halting and stimulation response (PHASR) rifle and pulsed energy projectile (PEP) has brought in a new age of battlefield tactics.

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