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Military Protective Eye-Wear Market Study, Historical Analysis And Growth Rate By 2028

09-24-2023 11:16 AM CET | Science & Education

Press release from: Premium Market Insights

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Military Protective Eye-Wear Market Study, Historical

According to Premium Market Insights new research study on "Military Protective Eye-Wear Market was valued at US$ 110.48 million in 2021 and is expected to reach US$ 166.65 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.

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Some Of the Major Players Influencing are Blueye Tactical (Blueye Eye-wear Pty Ltd.); Eye Safety Systems, Inc. (ESS), Bolle Tactical; Gentex Corporation; Perriquest Defense Research Enterprises LLC; Revision Military Ltd.; Rochester Optical; Shalon Chemical Industries Ltd.: Smith Optics; and Wiley X, Inc. are among the major players operating in the global military protective eye-wear market and profiled in the market study.

Military protective eyewear is expected to be increasingly important in future military operations. The need for protective eyewear is growing due to the complex and varied nature of modern battlefields. Revision Military has introduced the latest technology in safety goggles. The latest advancements in military protective eyewear have been made by Snowhawk. Additionally, various forms of personal protective equipment, such as body armor, helmets, and protective eyewear systems, are used to protect military personnel from gunfire, laser attacks, and mines. The increasing use of this equipment will drive the growth of the military protective eyewear market in the forecast period.

The COVID-19 pandemic has had a major impact on multiple industries, causing governments around the world to enforce strict travel and mobility restrictions. The defense industry in the Asia Pacific region suffered substantial losses, with Indian defense companies losing an estimated $3 billion in revenue between March and May 2020. This loss impacted 100 major defense firms and nearly 4,000 small to medium aerospace and defense businesses. The disrupted supply chain also resulted in decreased revenue for the military protective eye-wear market.

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The military protective eye-wear market is divided into three segments based on type: safety eye-wear, ballistic protection eye-wear, and laser protection eye-wear. In 2021, the ballistic protection eye-wear segment dominated the market. By end-user, the market is split into paramilitary forces and armed troops, with the armed troops segment having a larger market share in 2021. Geographically, the military protective eye-wear market is divided into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM), with APAC having a significant market share in 2021.

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The global military protective eye-wear market size was determined using primary and secondary research methods. The research began with extensive secondary research using internal and external sources to gather qualitative and quantitative information about the market. This helped to create an overview and forecast for the military protective eye-wear industry across all segments. To validate the data and gain deeper insights, several primary interviews were conducted with industry experts, including VPs, business development managers, national sales managers, market intelligence managers, and some external consultants like valuation experts, research analysts, and key opinion leaders who specialize in the military protective eye-wear market.

Table Of Contents

1.1 Scope of the Study

1.2 Research Report Guidance

1.3 Market Segmentation

1.3.1 Global Military Protective Eye-wear Market - By Type

1.3.2 Global Military Protective Eye-wear Market - By End User

1.3.3 Global Military Protective Eye-wear Market - By Geography

Key Takeaways
Research Methodology
3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

Military Protective Eye-wear Market Landscape
4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Buyers: Buyer Concentration is Moderately Growing

4.2.2 Bargaining Power of Suppliers: Weak suppliers bargaining power

4.2.3 Threats to Substitutes: No Substitutes

4.2.4 Threats of New Entrants: Established Players Capture the Maximum Market

4.2.5 Degree of Competition: Well Established Players with Balanced Financial Status

4.3 Ecosystem Analysis

4.4 Expert Opinion

Military Protective Eye-wear Market - Key Market Dynamics
5.1 Market Drivers

5.1.1 High Demand for Personal Protective Equipment (PPE)

5.1.2 Advancement and Contraction in Night Vision Technologies

5.2 Market Restraints

5.2.1 High Cost Associated with Military Protective Eye-wear

5.3 Market Opportunities

5.3.1 Emergence of Laser Protection Eye-wear

5.4 Future Trends

5.4.1 Technological Advancements in Military Protective Eye-wear

5.5 Impact Analysis of Drivers and Restraints


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Contact Person: Ankit Mathur
Phone: +1-646-491-9876

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