Global Advanced Combat Helmet Market: Snapshot
The global advanced combat helmet market is largely driven by the growing need of governments and defense agencies to provide better standards of soldier safety and combat tactical advantage in the face of growing global security threats such as terrorist attacks, border insurgencies, and internal conflicts. The defense sector is heavily adopting advanced combat helmets in order to protect their soldiers and law enforcement officers from head injuries caused from gunshots, IED explosions, and shrapnel. In addition, the demand for helmets integrated with the best vision and communication technologies is also increasing. Features such as night vision cameras that offer better situational awareness in the dark or in any difficult situations are becoming more of a necessity. The demand for these integrated technologies is also boosting the global market for advanced combat helmet.
In terms of revenue, the global advanced combat helmet market was valued at US$1.7 bn in 2015, and is expected to reach US$3.0 bn by 2024, after expanding at a CAGR of 6.3% from 2016 to 2024.
North America Bags Top Demand Volume for Advanced Combat Helmets
Geographically, the global advanced combat helmet market has been segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. Of these key regions, North America held the leading share in the global advanced combat helmet market: more than 25% of the total market revenue, in 2015. The U.S. was estimated to hold the top market volume with more than 60% of the overall revenue of North America market for advanced combat helmet for the same year. The research and development effort undertaken by manufacturers in the U.S. is continuously focusing on the safety of the soldiers and law enforcement officers during any combat operations. It is allowing players to manufacture lightweight and increasingly tactile helmets. Mexico is predicted to grow at an exceptionally fast pace in North America as the country is increasingly focusing on strengthening its military and defense forces with better technologies in general. Owing to these facts, the market for advanced combat helmet in North America is estimated to propel over the forecast period.
The advanced combat helmet market in Europe is estimated to grow at a substantial pace through Germany, France and the U.K. and their expansive activities in military and defense. Asia Pacific, on the other hand, is estimated to be the leading region in terms of growth rate in the advanced combat helmet market over the coming years. China, Japan, and India above all are investing substantially in the procurement of advanced combat helmets that can offer enhanced safety to the soldiers. China lead the Asia Pacific advanced combat helmet market share in 2015 and India is estimated to be the faster growing country in terms of demand. The increase in investments in the defense sector and law enforcement agencies are expected to boost the market for advanced combat helmet in Asia Pacific during the forecast period from 2016 to 2024.
Military and Defense Applications of Advanced Combat Helmets at All-time High
Based on applications, the global advanced combat helmet market can be segmented into military and defense, and law enforcement agencies. The military and defense segment us the leading consumer of advanced combat helmets, due to the growing global warfare and terrorist activities and borders insurgencies, while the law enforcement agencies are also adopting advanced combat helmets at a fast pace. Due their rapid adaptation rates, the law enforcement agencies are estimated to be growing swiftly in their demand within the global advanced combat helmet market.
The key players in the global advanced combat helmet market so far, have been ArmorSource LLC, BAE Systems, Gentex Corporation, Morgan Advanced Material PLC, Revision Military, Ceradyne Inc., MKU Limited, Honeywell International Inc., Point Blank Enterprises Inc., and DuPont.
Global Advanced Combat Helmet Market: Overview
The rapid escalation of global warfare, terrorist’s activities, cross border insurgencies and internal conflicts among others are increasing the need for more ballistic protective equipment. The advanced combat helmet is a modern combat helmet designed to protect soldiers head during any combat operations. The advanced combat helmet protects the soldiers from severe head injuries caused from gun shots, IED explosion, and inflammable liquids. The headgear is majorly used by military & defense forces and law enforcement agencies across the globe. These helmets are equipped with latest technologies such as night vision cameras and communication system for the ease of the soldier to combat the enemy.
The major factors boosting the market for advanced combat helmet are the growing demand for the safety of the soldiers, increasing need for use of the latest technologies, and mounting security threats. The advanced combat helmet protects the military personnel and law enforcement officers from mortar shrapnel, flying glass, explosive fragments among others. The night vision cameras are incorporated into the helmet to help the soldiers and law enforcement officers to operate in the dark as well. The earphones and microphones offer the military personnel and law enforcement officers the ability to communicate with each other and also help in better understanding of situational awareness. The world is facing a rapid growth in terrorism, and security threats which has increased the risk of the life of the soldiers. This has resulted in increase in demand for helmets among the military & defense and law enforcement agencies .However apart from the increasing demand, the advanced combat helmet has few limiting factors which are hindering the growth of the market such as the high cost of the head gear, and malfunctioning of few integrated technologies. The high cost of the scratch resistant glass, Kevlar fiber, night vision cameras and communication systems is increasing the cost of the final product which is hindering the adoption of the advanced combat helmet. Moreover, it has been noticed that few integrated technologies malfunction at times, which jeopardize the on field operations. These factors are inhibiting the growth of the market for advanced combat helmet during the forecast period from 2016 to 2024.
Global Advanced Combat Helmet Market: Scope of the Study
The advanced combat helmet market is segmented on basis of application and geography. The major two application segments are military & defense and law enforcement agencies. The military & defense is heavily adopting the advanced combat helmet due to increasing security threats from terrorism, border insurgencies and global warfare. The law enforcement officers are responsible for the safeguarding of the nation’s internal factors from riots and conflicts. During any internal conflicts or riots, the law enforcement officers needs to be equipped with latest technology helmets to protect themselves from bullets, flying glass, and gun shots. This is boosting the advanced combat helmet market among the military & defense forces and law enforcement agencies.
Geographically, the advanced combat helmet market is segmented as North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Asia Pacific being the fastest growing market estimated during the forecast period from 2016 to 2024. Latin America and Middle East and Africa are predicted to grow at a significant rate.
Global Advanced Combat Helmet Market: Competitive Landscape
The market attractiveness analysis provided in the report highlights the major segments for investing in the global advanced combat helmet market. The report intends to help the manufacturers, suppliers and distributors to understand the market for advanced combat helmet.
The report also provides the description of different advanced combat helmet players across the globe. The company descriptions include SWOT analysis, strategies adopted by the companies to sustain in the industry of advanced combat helmet, regional presence and the financial information. The key players in the advanced combat helmet market are ArmorSource LLC, BAE Systems, Gentex Corporation, Honeywell International Inc., Revision Military, Morgan Advanced Material PLC, Ceradyne Inc., Point Blank Enterprises Inc., MKU Limited and DuPont.
The segments covered in the Advanced Combat Helmet market are as follows:
Global Advanced Combat Helmet Market, 2016-2024: By Application
- Military & Defense
- Law Enforcement Agencies
Global Advanced Combat Helmet Market, 2016-2024: By Geography
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
- Latin America
- Rest of Latin America