Combat Helmet Market Research Report:
Information by Application (Protection, Visual Assistance, and Communication),
Material (Ballistic Fiber, Thermoplastic, and Metal), End User (Military
Agencies and Law Enforcement Agencies), and Region (North America, Europe,
Asia-Pacific, Middle East & Africa, and Latin America)—Forecast till 2027
Market Forecast
The combat helmet market is
projected to reach USD 3.32 billion by 2027and register
a CAGR of 5.2% between 2021 and 2027.The
increasing defense expenditure and increasing cross-border disputesare
primarily driving the growth of the market. Additionally, theincreasing
development of advanced combat helmetsis driving the growth of the market
further.
As per the Stockholm International
Peace Research Institute (SIPRI), global military spending rose by 3.6% to
approximately USD 1.91 trillion from 2018 to 2019. During the same period, the
US, China, and India increased their military spending by 5.3%, 5.1%, and 6.8%,
respectively. 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 market 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.
Market USP
Stringent Regulations Driving the Need
for Advanced Combat Helmets
Segmental Analysis
By Application
The Protection Segment Accounted for
the Largest Market Share in 2019:
The protection segment accounted for the largest market share and is expected
to register asteady CAGR during the review period. This is due to the high
usage of combat helmets forprotection against munitions and other threats
during warfare situations by military agencies globally.
The Visual Assistance Segment is
Expected to Grow at the Highest Rate:
The visual assistance segment is expected to record asteady growth rate during
the forecast period. This is due to the high-use helmets with visual assistance
during a military mission at night or airborne military missions.
The Communication Segment is Expected
to Grow at the Highest Rate: The communication
segment is expected to record the highest growth rate during the forecast
period. This is due to the development of advanced combat helmets integrated
with communication systems. These helmets are widely used in military tactical
missions to communicate critical information.The US army is investing more in
developing advanced integrated communications combat helmets. The helmet should
provide unrestricted communication in noisy environments of the combat area,
which is achieved by noise-canceling microphones.
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By Material
The ballistic fibersegmentis expected
to witness the highest growth in the market:The
ballistic fibersegment accounted for the largest market share in 2019 and is
expected to register the highest CAGR during the review period. This is due to
thehigh level of protection from ballistic threats,such as bullets,
projectiles, and shrapnel, is provided by the ballistic fiber. Moreover, the
helmet made up of ballistic fiber islightweight.
The thermoplastic segment is expected
to grow at the highest 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 high
utilization of thermoplastic combat helmets by developing economies. These
helmets are less costly and are recyclable. In addition, thermoplastic
materials can be cooled and heated several timeswith no change in their
chemical/mechanical properties.
The metal segment is expected to grow
at the highest rate: The metal segment is expected to
register asteady CAGR during the forecast period, 2021 to 2027. The growth can
be attributed to the utilization of metal components in combat helmets. Full
metal combat helmets are increasingly being used by military forces.
By End User
The Military Agencies Segment Accounted
for the Larger Share in 2019: The military
agencies segment accounted for the largest share in 2019. This can be
attributed to the increasing use of advanced soldier protection systems by
military agencies globally. The soldier protection system has notable
importance by the military forces. Therefore, they are investing more 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.
Key Players Operating in the Global
Combat Helmet Market:
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Other Prominent Players Operating in
the Global Combat Helmet Market:
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