Military Helmet and Helmet Mounted Display Systems Market To Witness the Highest Growth Globally in Coming Years 2021-2026

The Military Helmet and Helmet Mounted Display Systems Market research report added by MarketInsightsReports is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market introduction, Military Helmet and Helmet Mounted Display Systems Market definition, regional market scope, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Military Helmet and Helmet Mounted Display Systems Market size forecast, 100+ market data, Tables, Pie Chart, Graphs and Figures, and many more for business intelligence. This research report also provides post COVID-19 impact analysis of the Military Helmet and Helmet Mounted Display Systems industry.

The Military Helmet and Helmet Mounted Display Systems Market is expected to register a CAGR of around 4%, during the forecast period 2021 to 2026.

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Top Companies in the Global Military Helmet and Helmet Mounted Display Systems Market: –
Collins Aerospace, Thales Group, Elbit Systems Ltd, 3M, BAE Systems PLC, Honeywell International Inc., L3Harris Technologies Inc., Gentex Corporation, Safariland LLC, Ballistic Armor Co., ArmorSource LLC, MKU Limited

Market Scope:

- The focus on soldier modernization is currently driving the market, as the militaries focus on replacing the existing soldier protection and situational awareness systems. In this regard, they are procuring newer helmet and helmet mounted displays that are lighter, stronger, and technologically advanced, for the military personnel.

- The increase in military spending is also supporting the helmet mounted display systems market growth since a significant amount of the spending is being invested in enhancing the safety and situational awareness of the troops.

Regional Analysis:
Furthermore, to broaden the understanding, researchers have studied the global Military Helmet and Helmet Mounted Display Systems market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Military Helmet and Helmet Mounted Display Systems Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

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Key Market Trends

Helmet-mounted Displays Segment Held the Largest Share in 2019

In segmentation by type, the helmet mounted displays (HMDs) segment held the largest share in 2019. Helmet mounted displays are used in aircraft to project information in front of the pilot’s eyes. For military aircraft pilots, decision-making in a split-second could be a matter of life or death. Hence, they require technologies like the helmet mounted displays for enhanced operational efficiency. In this regard, militaries are investing millions of dollars toward the procurement of sophisticated helmet mounted display systems for their pilots. For instance, in September 2019, Lockheed Martin Corporation won a USD 352.7 million modification to an existing contract to include the sale of Lot 12-14 Generation 3 helmet mounted displays for the F-35 Lightning II program. In addition to the aircraft pilot HMDs, militaries are trying to incorporate the HMD technologies even in the armored vehicles. As a part of the CARMEL Future Combat Vehicle project of the Israeli Ministry of Defense, Elbit Systems is conducting the testing demonstrating series of its innovative Armored Fighting Vehicle (AFV) technologies. Regarding the same, the company is incorporating HMDs for the soldiers to operate the AFV under closed hatches. Such innovations enable newer applications of the HMDs, thereby propelling the growth of the segment in the years to come.

North America Dominated the Market in 2019

Currently, the market is being dominated by the North American region, primarily due to the demand from the United States. The United States has the largest military strength in terms of personnel and aircraft fleet. The country is also the global leader in defense spending and accounts for a significant chunk of the global defense expenditure. In recent years, the US military has increased its emphasis on the soldier protection systems and the replacement of the older soldier protective gear. In March 2019, US Army’s Soldiers started receiving the next-generation head protection system called the IHPS or the Integrated Head Protective System as a part of the upgraded Soldier Protection System. Following this, in early 2020, the US military announced that it will field a new combat helmet for the country’s armed forces. The new Advanced Combat Helmet (ACH) Generation II uses ultra-high-molecular-weight polyethylene, that could reduce up to 22% or 12 ounces of tactical weight that the soldiers need to carry. On the other hand, the country is also procuring helmet mounted displays for its pilots. For instance, in March 2019, the US Army awarded a five-year Indefinite Delivery/ Indefinite Quantity contract to Elbit Systems of America, LLC, to provide a wide field of view Common Helmet Mounted Display (CHMD) system as a part of the US Army's Air Soldier System.

Following are major Table of Content of Military Helmet and Helmet Mounted Display Systems Industry:

Military Helmet and Helmet Mounted Display Systems Market Sales Overview.
Military Helmet and Helmet Mounted Display Systems Market Sales Competition by Manufacturers.
Military Helmet and Helmet Mounted Display Systems Market Sales Analysis by Region.
Military Helmet and Helmet Mounted Display Systems Market Sales Analysis by Type.
Military Helmet and Helmet Mounted Display Systems Market Analysis by Application.
Military Helmet and Helmet Mounted Display Systems Market -Manufacturers Analysis.

Reasons to Invest:

Market Size Forecasts: The authors of the report have provided accurate estimation of the global Military Helmet and Helmet Mounted Display Systems market size based on value and volume
Market Trend Analysis: This section of the report throws light on the approaching trends and developments in the global Military Helmet and Helmet Mounted Display Systems market
Future Prospects: The report here offers crucial information on the rewarding opportunities in the global Military Helmet and Helmet Mounted Display Systems market

Military Helmet and Helmet Mounted Display Systems market report allows an understanding of the market and benefits from any lucrative opportunities that are available. Researchers have offered a comprehensive study of the existing market scenario while concentrating on the new business objectives. There is a detailed analysis of the change in customer requirements, customer preferences and the vendor landscape of the overall market.

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