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Military Helmet Market Size, Analysis, Development and Business Prospects by 2023-2030
Military Helmet Market
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What Does This Report Contain?
The report provides intelligent insights on new product developments, R&D activities, and future technologies. At the same time, it delivers elaborate information about recent investments, developments, and untapped geographies. Besides, our analysts have conducted an assessment of manufacturing capabilities, strategies, and shares of prominent companies.
Drivers & Restraints:
Rising Number of Soldier Modernization Programs to Boost Growth
The rising focus of defense forces on improving the battlefield capabilities of soldiers is one of the vital factors responsible for the military helmet market growth. Besides, several countries are carrying out soldier upgradation and modernization programs to enhance their strength. At the same time, the urgent need to lower the number of casualties suffered by troops would surge the demand for efficient and refined military helmets across the globe. However, safety and security concerns related to these helmets may obstruct growth.
Regional Insights:
Increasing Usage of Lightweight Helmets in South Korea to Favor Growth in Asia Pacific
North America is anticipated to generate the highest military helmet market share in the upcoming years. This growth is attributable to the rising defense expenditure by regulatory bodies in the region. Also, the presence of numerous renowned military helmet manufacturers, such as Revision Military, Eagle Industries, Safariland Group, and Gentex Corporation in this region would accelerate growth.
Asia Pacific, on the other hand, is set to grow significantly throughout the forthcoming years backed by the increasing awareness programs in India and China to educate defense forces about the availability of state-of-the-art ballistic helmets. Additionally, the rising adoption of lightweight helmets by the homeland security in South Korea would propel growth.
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Competitive Landscape:
Key Players Focus on Launching Innovative Products for Defense Forces Globally
The market for military helmets houses several domestic and international companies. Most of them are striving persistently to introduce unique products to cater to the rising demand from defense forces worldwide. Some of the others are focusing on winning new orders from government bodies to intensify competition.
Below are the two latest industry developments:
December 2020: Singapore Army provided new military helmets to its soldiers. These novel helmets possess better fitting load-bearing systems (LBS) and better heat dissipation. They are also ergonomic and customizable.
July 2020: The Indian Army is set to acquire 100,000 'AK-47 protected' military helmets. These new helmets will replace the previously used stopgap helmet and 'bulletproof patka'. The unique helmets will support numerous accessories, such as face shields, night-vision goggles, visors, and torches.
A list of all the prominent military helmet manufacturers operating in the global market:
BAE Systems (The U.K.)
3M (The U.S.)
Gentex Corporation (The U.S.)
Safariland Group (The U.S.)
MKU Limited (India)
Eagle Industries (The U.S.)
Revision Military (The U.S.)
DuPont (The U.S.)
Honeywell International Inc, (The U.S.)
Point Blank Enterprises, Inc. (The U.S.)
ArmorSource (The U.S.)
Morgan Advanced Materials (The U.K.)
Other key market players
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