Press Release

Advanced Combat Helmet Market: Latest Market Driving Factors and Segmentation | Fortune Business Insights™

Key Companies in the Advanced Combat Helmet Market are ArmorSource LLC, BAE Systems, GENTEX CORPORATION, Morgan Advanced Materials, Revision Military, 3M, MKU Limited, Honeywell International Inc, Point Blank Enterprises Inc, DuPont, among other

The market is segmented into ballistic, metal, and thermoplastic. Among these, the ballistic segment holds the highest shares in the market during the forecast period. The growing use of lightweight materials such as twaron, kevlar, ultra-high molecular weight polyethylene is driving the growth of the advanced combat helmet market. In 2018, MKU Limited signed a contract worth USD 24.19 million with the Indian Army to provide 1,58,000 ballistic helmets. The metal and thermoplastic segment will witness a moderate growth owing to the rising demand from law enforcement agencies and homeland security forces. The global advanced combat helmet market is predicted to reach USD 3.64 billion by 2027, exhibiting a CAGR of 6.73% between 2020 to 2027.

Key Development:

March 2018: 3M, an American multinational conglomerate signed a contract of USD 34 million with the U.S. Army for the supply of ballistic helmet.

The Report Lists the Main Companies in the Advanced Combat Helmet Market:

  • ArmorSource LLC
  • BAE Systems
  • Morgan Advanced Materials
  • Revision Military
  • 3M
  • MKU Limited
  • Honeywell International Inc.
  • Point Blank Enterprises Inc.
  • DuPont

Get Sample PDF Brochure with Impact of COVID-19 Analysis:

Market Driver:

“Introduction of Technologically Advanced Combat Helmets to Boost Growth”

The growing military and defense expenditure for enhanced soldier safety and combat tactical advantage will increase the demand of the market during the forecast period. The rising border disputes, terrorist activities, and national security threats will have a tremendous effect on the market in the forthcoming years. The increasing focus of manufacturers towards the development of lightweight and fireproof army helmets with improved protection will subsequently boost the growth of the market. For instance, in 2019, JARVISH Inc, a leader in smart 5G+AI+AR wearable devices announced the introduction of augmented reality (AR) smart combat helmet system after receiving approval from Taiwan’s NCSIST (National Chung-Shan Institute of Science and Technology). The advanced AR helmets are equipped with transparent heads up display, 4k night vision camera, AI-assisted threat detection, and situational awareness, an intrinsically safe military-grade battery, and long-range broadband ad hoc communication. In addition, the increasing emphasis of various countries on public safety & law enforcement, disaster management & first responders, along with government critical infrastructure security will foster healthy forthcoming years.

Regional Analysis:

“Modernization Programs to Enable Speedy Expansion Growth in North America” 

North America is predicted to rise excellently during the forecast period owing to the increasing defense expenditure in the US and Canada. The increasing R&D activities and military modernization programs will consequently foster the growth of the market in the forthcoming years. Asia Pacific is expected to witness a substantial growth rate in the forthcoming years. The growth in the region is attributed to rising government inclination towards border security. The rising demand for advanced combat helmets in countries such as China, India, and Japan will further promote the development of the market in the region. Similarly, the increasing cross-border conflicts and terrorist attacks will impel countries to improve their military programs, which in turn, will augur well for the market in Asia Pacific. Europe is expected to grow rapidly due to the presence of major manufacturers in the region. The ongoing development for enhanced and robust combat helmet will subsequently boost the growth of the market.

Other Related News:

Homeland Security and Emergency Management Market Size to Reach USD 777.0 Billion by 2027; Technological Advancements to Boost Growth, Says Fortune Business Insights™

Unmanned Underwater Vehicles (UUV) Market Size Worth USD 7.53 billion at 12.8% CAGR till 2026; Increasing Investment in Product R&D will Aid Growth, says Fortune Business Insights™

Unmanned Ground Vehicles (UGV) Market to Rise at 14.95% CAGR till 2026; Increasing Number of Company Collaborations Will Provide Impetus to Market Growth, says Fortune Business Insights™

Military Aircraft Market Size to Reach USD 58.03 Billion by 2026; Rising Demand for Fifth Generation Jet Fighter to Aid Growth, Says Fortune Business Insights™

About Us:      

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges. 

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.

US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: [email protected] 

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *