Military Helmet Market Report Information by Type (Lightweight Helmet, Modular Integrated Communications Helmet, Enhanced Combat Helmet), Weight (Up to 3 lbs, Over 3 lbs), by Material (Original Aramid Fiber Kevlar, Advanced Aramid Fiber, UHMWPE Fiber), & by Region – Global Forecast to 2023
Key Players Military Helmet Market:
The key players in global military helmet market are BAE Systems (UK), 3M (US), Gentex Corporation (US), Safariland Group (US), MKU Limited (India), Eagle Industries (US), Revision Military (US), DuPont (US), Honeywell International (US), Point Blank Enterprises, Inc. (US), ArmorSource (US), and Morgan Advanced Materials (UK).
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Increasing extremist and border security threats, there is a large focus on providing the soldiers with adequate support, so as to reduce the number of casualties. To render assistance and protection to the armed troops, military helmet systems are developed and deployed to the soldiers. As a result, the defense authorities around the globe are focusing more on the development and deployment of such systems, thereby lending adequate support to the military missions. Moreover, with the growing demand for lightweight helmet systems, in the recent years, it becomes a significant opportunity for the market players to develop similar products and establish their presence in the emerging countries, which would boost the market growth.
Regional Analysis Military Helmet Market:
On the basis of region, the global military helmet market is segmented as Americas, Europe Middle East & Africa, and Asia-Pacific. In 2017, North America dominated the global market majorly due to the sheer existence of the key players such as Gentex Corporation, Revision Military, Honeywell International, and ArmorSource in the region. Moreover, the US along with the NATO (North Atlantic Treaty Organization) have been a number of anti-terrorist and anti-extremist missions that have been initiated in the region, which would act as a catalyst for the market growth in the region. In addition, the increasing military expenses by the US Department of Defense (DOD) on developing tactical equipment, in the recent years, have resulted in the market witnessing a significant surge in demand, in this region.
In Europe, there have been a number of challenging security situations, in the recent years. Over the past five years, countries such as the UK and France has witnessed numerous terrorist incidents. These challenges fuel the demand for personal protective equipment such as military helmet systems in this region. Moreover, the countries such as France and Germany are increasingly investing in defense technologies to have greater control over these turbulent and unrest situations. In addition, Morgan Advanced Materials and BAE Systems are some of the key players operating in this region, which fuels the market growth.
Asia-Pacific has been prone to extremist and insurgent threats, as well as territorial disputes, in the recent years, particularly in China, India, Pakistan, and South Korea. It has resulted in the deployment of large battalions of troops to counter the rise in cross-border activities. As a result, the countries in the region have equipped their armed troops with advanced military helmet systems, which would protect the soldiers from injuries and help in reducing the number of casualties.
In the recent years, the military expenses are increasing manifold in the Middle East & Africa, particularly in Saudi Arabia. The production of military helmet systems is growing in the region, and it can be attributed to the increasing measures by the regional governments for protection against terrorism and related insurgent activities. Moreover, the changing landscape of war over the years, in the Middle East, is also one of the major factors driving the market.
Similarly, Latin America has witnessed a major growth in its defense sector, in the past decade. Among all the countries in the region, the market for military helmet systems Brazil is expected to grow at a significant rate, owing to the established defense market in the country. In addition, the country’s military expenses is on the rise owing to the country’s war against smugglers and drug traffickers. This would simultaneously boost the Military Helmet Market growth in the region.
Table of Content:
1. Executive Summary
2. Scope of The Report
2.1. Market Definition
2.2. Scope of The Study
2.3. Market Structure
2.4. Key Takeaways
2.5. Key Buying Criteria
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
4. Market Landscape
4.1. Porter’s Five Forces Analysis
4.1.1. Threat of New Entrants
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of Substitute
4.1.4. Segment Rivalry
4.1.5. Bargaining Power of Suppliers
4.2. Supply Chain Analysis
Continued. . .
List of Table:
Table 1 Global Military Helmet Market, By Region, 2018–2023
Table 2 North America: Military Helmet Market, By Country, 2018–2023
Table 3 Europe: Military Helmet Market, By Country, 2018–2023
Table 4 Asia-Pacific: Military Helmet Market, By Country, 2018–2023
Table 5 Middle East & Africa: Military Helmet Market, By Country, 2018–2023
Table 6 Latin America: Military Helmet Market, By Country, 2018–2023
Table 7 Global Military Helmet Market, By Type, 2018–2023
Table 8 North America: Military Helmet Market, By Type, 2018–2023
Table 9 Europe: Military Helmet Market, By Type, 2018–2023
Table 10 Asia-Pacific: Military Helmet Market, By Type, 2018–2023
Continued. . .
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