Military Helmet Industry Overview, Growth Outlook And Forecast By 2030
Market Overview:
Military
helmet industry Size Is Anticipated To Reach USD 3 Billion By 2030 & at a
CAGR Of 6.5% 2022-2030.
With the 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 growth Of military helmet market trend.
The demand for military helmet systems has increased in military
applications as they help improve the overall ballistic protection along with
the capabilities of the troops. As a result, there has been a high demand for
the military helmet systems by the armed forces, to protect themselves from any
injury. It is expected that the increasing investments in such protective
systems would provide numerous opportunities for the market players, in the
forthcoming years.
Market
Segmentation:
The global military
helmet industry has been segmented by type, weight, material, and region. On
the basis of type, the military helmet industry is divided into lightweight
helmet, modular integrated communications helmet, and enhanced combat helmet.
In 2017, the lightweight helmet segment dominated the global market and it is
expected that the enhanced combat helmet segment would witness the fastest
market growth, during the forecast period. The lightweight tactical helmets are
equipped with a lip over the helmet brow of the helmet.
Moreover, these
helmet systems utilize the adjustable pad system, which provides the
best-desired fit for the soldiers. On the basis of weight, the military helmet
industry is divided up to 3 lbs and over 3 lbs. In 2017, the over 3 lbs segment
dominated the global market and it is expected that the up to 3 lbs segment
would witness the fastest market growth, during the forecast period. This is
primarily due to the rapidly rising demand for the lightweight and comfortable
helmet systems, across the globe.
As a result, a
number of companies are engaged in the development of lightweight helmet
systems for military applications. On the basis of material, the military
helmet industry is divided into original aramid fiber kevlar, advanced aramid
fiber, and UHMWPE fiber. In 2017, the original aramid fiber kevlar segment
dominated the global market and it is expected that the UHMWPE fiber segment
would witness the fastest growth, during the forecast period. This is primarily
because the original aramid fiber Kevlar material is a ballistic aramid fabric,
which can protect the soldiers from shrapnel and ballistic projectiles.
Key
Players:
The military helmet market drivers 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).
With the rise in the anti-extremist operations, across the
globe, there has been a high demand for the military helmet systems, which help
provide protection to the armed troops and render assistance to the military
operations. A number of players are also focusing on the development of
lightweight and comfortable helmet systems, so as to gain a higher leverage in
the market.
Regional Analysis:
The global military helmet market industry has also been
segmented into five regions, namely, North America, Europe, Asia-Pacific,
Middle East & Africa, and Latin America. North America had the largest
share in 2017, owing to the presence of the key companies such as 3M,
Safariland Group, Revision Military, and DuPont, among others. Moreover, North
America generates a very high demand for military helmet systems, largely due
to the high number of military operations and anti-extremist missions of the
region. Furthermore, the US has a high military expenditure and heads in the
technological advancements, across the globe, which fuels the market growth.
Likewise, Asia-Pacific is expected to be the fastest-growing market for
military helmet systems, during the forecast period.
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