Technological Advancement and Mounting Security Threat Across Borders Shall Pace the Global Advanced Combat Helmet Market

Global Advanced Combat Helmet Market Report, published by Variant Market Research, forecast that the global market is expected to reach $3.0 Billion by 2024 from $1.6 Billion in 2016, growing at a CAGR of 7.9% from 2016 to 2024. By geography, Asia Pacific and North America are expected to grow at a CAGR of 9.5% and 7.6%, respectively, during the forecast period.
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The major factors supporting the growth of the market are security personals owing to mounting security threat in homeland as well as in across borders, and growing technological advancements coupled with rising safety concerns of soldiers. However, fewer malfunctioning technologies and high cost of helmets would restraint the growth of the market. Furthermore, emerging economies would provide the growth opportunity in the future year.
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The global advanced combat helmet market is bifurcated by application, and geography. By application, it is further classified into comprises law enforcement, and military & defense. By geography the market is categorized into North America, Europe, Asia-Pacific and rest of the world (RoW). The country wise analysis has been also included in the report. The U.S., Mexico, and Canada are covered under North America. The European countries include U.K, Germany, France, Russia and others. Asia-Pacific covers China, India, Australia and others. Rest of the World (RoW) covers South America, Middle East and Africa.
In the year 2016, by applications, military & defense accounted for the maximum market share followed by law enforcement. Asia-Pacific is the fastest growing region in the global advanced combat helmet market, and is anticipated to continue this trend owing to rising awareness, and growing terrorist activities. North America accounted the largest share of the market followed by Europe in the year 2016.
The key player operating in the global advanced combat helmet market are DuPont, Survitec Group, Honeywell International Inc., MKU Limited, BAE Systems, ArmorSource LLC, Ceradyne Inc., Morgan Advanced Material PLC, Point Blank Enterprises Inc., and Eagle Industries, among others.

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