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
What Reports Provides
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.
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed