Bulletproof Helmet Market - Global Industry Analysis

Bulletproof Helmet Market

Bulletproof Helmet Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2028

Category: Defense & Security Report Format : PDF Report Code: ZMR-6854 Status : Upcoming

Description

Global Bulletproof Helmet Market: Overview

Homeland security, military, and defense all benefit from bulletproof helmets. Wearers put them on to protect themselves from potentially dangerous factors such as flying particles, ballistic threats, and fragments. All members of the armed services and police officers must wear a bulletproof helmet. These military helmets are also compatible with current Night Vision (NVG) firearms and telecommunication packages, as well as NBC defensive equipment and body armors. Night vision cameras, which provide a sharper picture of the scene in the dark or other difficult conditions, are becoming increasingly significant and are being integrated into such helmets.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Bulletproof Helmet Market: Growth Factors

Growing demand for bulletproof helmets is bolstering the growth of the global bulletproof helmet market. In addition to this, the improved combat helmet sector is propelled forward by rising government demands for military safety as well as combating terrorist assaults and insurgency. Further, cross-border breaches, internal challenges, and nationwide disturbances or rebellions are also driving up demand for advanced bulletproof helmets. Also, the security sector is heavily utilizing modern battle helmets to protect their soldiers and law enforcement personnel from head injuries caused by gunshots, shrapnel, and IED fires. This in turn is fostering the market growth. Moreover, factors such as heavy investments by the major players for the development of more superior bulletproof helmets and an increase in implementation of business strategies for business expansion are also fostering the growth of the bulletproof helmet market. Furthermore, extensive research and development in the development of novel protective materials, as well as advances in nanotechnology is expected to open new opportunities for the growth of the global bulletproof helmet market during the forecast period. However, the helmets' hefty price may impede the growth of the global bulletproof helmet market.

The COVID-19 pandemic severely hit the market growth as many governments turned their focus on medical emergencies. Shortage of budgets and increasing load of medical needs accounted for additional burden on economies which caused reduced funding to military procurements. However, conflicts between Major Asian economies and tension between the UN & Arab countries triggered the purchase of new and advanced military equipment. This has maintained the steady demand for bulletproof helmets in the year 2021.

Global Bulletproof Helmet Market: Segmentation

The global market for the bulletproof helmet is bifurcated into material type, application, and region. The material type segment of the market is categorized as metal, non-metal, and composite. Based on application, the global market is split into law enforcement and military & defense.

Global Bulletproof Helmet Market: Regional Analysis

North America is expected to lead the market in terms of revenue growth. The military budgets of the governments in the region are one of the top priorities. For instance, the US spends around 3.2% of its GDP on the military. The US military is also equipped with advanced weapons and accessories that largely include bulletproof helmets. The governments in the region also ensure continuous development of the military equipment which can assure continuous demand for bulletproof helmets in the region. The market in Asia Pacific is likely to grow at a rapid pace during the forecast period. India and China are major military equipment importers in the world. The active military personnel in these countries are also large compared to other countries in the world. Also, the defense budget of these countries is high ensuring continuous investment in advanced military gear.

Global Bulletproof Helmet Market: Competitive Players

The global bulletproof helmet market is dominated by a few market players that hold a large share of the market. Major players include 3M, ArmorSource, BAE Systems, and MKU. Other notable players operating in the global market include Aegis Engineering, Hard Shell, Argun, Point Blank Enterprises, Ningbo Chihan Protection, Rabintex, Protection Group Danmark, Sinoarmor, Sarkar Defence Solutions, and Ulbrichts Protection.

Global Bulletproof Helmet Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

 

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FrequentlyAsked Questions

Growing demand for bulletproof helmets is bolstering the growth of the global bulletproof helmet market. In addition to this, the improved combat helmet sector is propelled forward by rising government demands for military safety as well as combating terrorist assaults and insurgency. Furthermore, extensive research and development in the development of novel protective materials, as well as advances in nanotechnology is expected to open new opportunities for the growth of the global bulletproof helmet market during the forecast period.

Major players include 3M, ArmorSource, BAE Systems, and MKU. Other notable players operating in the global market include Aegis Engineering, Hard Shell, Argun, Point Blank Enterprises, Ningbo Chihan Protection, Rabintex, Protection Group Danmark, Sinoarmor, Sarkar Defence Solutions, and Ulbrichts Protection.

North America is expected to lead the market in terms of revenue growth. The military budgets of the governments in the region are one of the top priorities. For instance, the US spends around 3.2% of its GDP on the military. The US military is also equipped with advanced weapons and accessories that largely include bulletproof helmets. The governments in the region also ensure continuous development of the military equipment which can assure continuous demand for bulletproof helmets in the region.

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