In June 2020, The Indian Army‘s infantry men would be receiving a new set of ballistic helmets, as the Ministry of Defence desires to buy 100,000 of the new personal protection gear with a tender to be tentatively issued in Feb. 2021.
The article cited AMA's "Global Military Helmet Market Study" explored substantial growth of %. According to the report, Governments Initiative in Procurement of Personal Protective Wears is one of the primary growth factors for the market. Rising Need For Personal Protection During Terrorist Attacks, Hostage Scenarios, etc
is also expected to contribute significantly to the Military Helmet market. Overall, Military & Defense
applications of Military Helmet, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Material , such as Original Aramid Fiber Kevlar, is boosting the Military Helmet market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Weight, such as Up to 3 lbs, is boosting the Military Helmet market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Military Helmet market identified that the demand is rising in many different parts of the world as "Growing Focus on Military Modernization Program Globally
". Furthermore, some recent industry insights like "In Oct 2019, Honeywell announced the expansion of its high- performance hard armor suite of products with Spectra Shield® 6472. Spectra Shield 6472 is the first product in the new Spectra Shield 6000 series, which continues Honeywell’s legacy in providing the highest performing ballistic materials for protective gear. It is designed for helmet manufacturers to incorporate in the creation of the next generation helmet for the Army." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Military Helmet market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Military Helmet market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Military Helmet market size is calculated using market estimation process, the Military Helmet market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Military Helmet market size has been validated using both top-down and bottom-up approaches.