Military Helmet Market Scope
The demand for military helmet systems has increased to improve the overall ballistic protection along with the capabilities of the troops. There has been a high demand by the armed forces to protect themselves from any injury. The global military helmet market is expected to grow in the future due to the increasing military expenses on personal equipment and the rising number of armed conflicts and anti-extremist operations. In addition, rising demand from the developing economies expected to drive the market demand during the forecasted period.
The Global Military Helmet market is fragmented with numerous top market players. These players are determined to bring in product innovation to rise above the stiff competition in the global market. Furthermore, several companies are also emphasizing on achieving technological advancements to cater to the demands of clients. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Military Helmet market throughout the predicted period.
BAE Systems (United Kingdom), 3M (United States), Gentex Corporation (United States), Safariland Group (United States), MKU Limited (India), Eagle Industries (United States), Revision Military (United States), DuPont (United States), Honeywell International (United States) and Point Blank Enterprises, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are ArmorSource (United States) and Morgan Advanced Materials (United Kingdom).
Segmentation Overview
The study have segmented the market of Global Military Helmet market by Type (Lightweight Helmet, Modular Integrated Communications Helmet and Enhanced Combat Helmet), by Application (Military & Defense and Law Enforcement Agencies) and Region with country level break-up.
On the basis of geography, the market of Military Helmet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Governments Initiative in Procurement of Personal Protective Wears
Market Growth Drivers:
Rising Need For Personal Protection During Terrorist Attacks, Hostage Scenarios, etc and Increasing Awareness about Safety and Security of Military Personnel
Challenges:
Rising Prices of Raw Material
Restraints:
The Dearth of Government Fundings in Military Services in Under-Developed Countries
Opportunities:
Growing Focus on Military Modernization Program Globally and Increasing Demand from the Developing Economies Such As India, China, and Others
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.
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.
Key Target Audience
Military Helmet Manufacturers, Military Helmet Suppliers/Distributors, Raw MAterial Suppliers, Defense Authorities & Contractors, Research Institutes, Regulatory Bodies, Military Equipment Suppliers and Traders/Distributors
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.