Market Overview:

Combat Helmet Industry Size is anticipated to reach USD 3.32 Billion by 2027, registering a CAGR of 5.2% during 2020-2030.

The industry is expanding mostly due to rising cross-border disputes and rising defence spending. Additionally, the market is expanding due to the increased development of sophisticated combat helmets.

According to the Stockholm International Peace Research Institute (SIPRI), from 2021 to 2027, worldwide military spending increased by 3.6%, or over USD 1.91 trillion. The US, China, and India all raised their military expenditures during the same time period, by 5.3%, 5.1%, and 6.8%, respectively.

Key Players:

Avon Rubber Plc (UK), BAE Systems (UK), DuPont de Nemours Inc. (US), Safariland Group (US), ArmorSource LLC (US), Honeywell International Inc. (US), Revision Military Inc. (US), MKU Limited (India), Point Blank Enterprises (US), Gentex Corporation (US)

Market Segmentation:

By Application

The Protection Segment Accounted for the Largest Market Share in 2019: The protection sector held the biggest market share and is anticipated to maintain a constant CAGR throughout the course of the study period. Due to the widespread use of combat helmets by military organisations around the world during combat to defend against explosives and other hazards, this is the case.

The Visual Assistance Segment is Expected to Grow at the Highest Rate: Throughout the projected period, a consistent growth rate is anticipated for the visual assistance market. This is a result of the frequent use of helmets with visual aids during nighttime or airborne military missions.

The Communication Segment is Expected to Grow at the Highest Rate: The protection sector held the biggest market share and is anticipated to maintain a constant CAGR throughout the course of the study period. Due to the widespread use of combat helmets by military organisations around the world during combat to defend against explosives and other hazards, this is the case.

By Material

The ballistic fiber segment is expected to witness the highest growth in the market: The market segment for ballistic fibre held the biggest market share in 2019 and is anticipated to grow at the highest CAGR during the study period. This is because ballistic fibre offers a high level of defence against ballistic threats like bullets, projectiles, and shrapnel. Additionally, the ballistic fibre helmet is lightweight.

The thermoplastic segment is expected to grow at the highest rate: The market for guided projectiles is anticipated to experience the highest CAGR from 2021 to 2027. The growth can be linked to developing economies' extensive use of thermoplastic battle helmets. These helmets are less expensive, and they may be recycled. The chemical and mechanical characteristics of thermoplastic materials can also be heated and cooled repeatedly without changing them.

The metal segment is expected to grow at the highest rate During the projected period, 2021 to 2027, the metal segment is anticipated to have a consistent CAGR. The use of metal components in combat helmets is to blame for the rise. Military forces are increasingly using full-metal combat helmets.

By End User

The Military Agencies Segment Accounted for the Larger Share in 2019: In 2019, the military agencies section had the largest proportion. This is due to military organisations all around the world using more sophisticated personnel protection technologies. The military forces place a high value on the soldier protection system. They are therefore increasing their investment in such systems.

The Law Enforcement Segment is Expected to Grow at the Higher Rate: The guided projectiles segment is expected to register the highest CAGR during the forecast period, 2021 to 2027. The growth can be attributed to the increasing terrorist attacks and rising incidents of riots globally. Therefore, the demand for combat helmets has been increasing by law enforcement agencies across the world.

Regional Analysis:

Furthermore, in 2019, India overtook Saudi Arabia and Russia to become the third-largest defense spender in the world. Although there was a slight decline in the US defense spending from 2010-2019, the US observed a growth in military spending in 2019. It is estimated that the US will spend significantly more on its military for the next two years, focusing on the modernization of conventional technologies.

Meanwhile, other developing countries have plans to invest in advanced technologies and are focused on expanding, modernizing, and enhancing the capabilities of their armed forces. This is also expected to drive the growth of the Combat Helmet Industry during the forecast period.

Moreover, in recent years, there has been a rise in global conflicts, such as the Russia and Ukraine conflict over Crimea, the battle for control over the South China Sea between China and South Korea, maritime disputes between Venezuela and Guyana, and sea border clashes between Colombia and Nicaragua. Moreover, the growing extremism in Egypt, France, and Tunisia has led to the need for updating military systems and equipment. This is also anticipated to drive the demand for advanced soldier protection systems.

Full report @ https://www.marketresearchfuture.com/reports/combat-helmet-market-10637

Related reports:

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 2030

Military Personal Protective Equipment Market Research Report: Information by Product Type (Life Safety Jacket, Helmet, Protective Eyewear, Body Armor, Pelvic Protection System, Tactical Vest, Others), by Application (Combat, Training, Emergency Preparedness), by Platform (Airborne, Naval, Ground-based), and by Region To Forecast till 2030

About Market Research Future:

Market Research Future (MRFR) is a global market research company that prides itself on its services, offering comprehensive and accurate analysis with respect to various markets and consumers worldwide. Market Research Future has the distinguished goal of providing customers with optimal quality research and granular research. Our market research by products, services, technologies, applications, end users, and market players for global, regional, and national market segments, allows our customers to see more, learn more, and do more, helping to answer your most important questions

Contact:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor, New York, New York 10013,

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com