Advanced Combat Helmet Market Growth Analysis | 2023-2028

Market Insights

The advanced combat helmet market was estimated at USD 2.5 billion in 2022 and is likely to grow at a CAGR of 5.69% during 2023-2028 to reach USD 3.49 billion in 2028.

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Market Dynamics

Introduction

Advanced combat helmets are protective equipment designed to protect military and homeland security personnel from modern threats of warfare. It protects soldiers’ heads during any combat operations. Advanced combat helmet protects the head of a military or homeland security personnel from threats like gunshots, IED explosions, and inflammable liquids.

Market Drivers

Escalation of cross-border terrorism, border disputes, and conflict of interest, coupled with rising defense budgets of key economies across the world are likely to propel high growth in ballistic protective equipment such as advanced combat helmets over the next five years. Advancements in technologies, along with the rising focus of countries to protect their military personnel are boosting the demand for the advanced combat helmet market.

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Key Players

Some of the major advanced combat helmet manufacturers are:

• ArmorSource LLC
• BAE Systems plc
• Gentex Corporation
• Revision Military, Inc.
• Morgan Advanced Materials plc
• Ceradyne Inc.
• Point Blank Enterprises, Inc.
• MKU Limited
• DuPont de Nemours, Inc.
• ELMON S.A.

Note: The above list does not necessarily include all the top players in the market.

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Segment Analysis

By Application Type

Based on the application type, the advanced combat helmet market is segmented as military personnel and homeland security. Military Personnel is projected to remain the larger application of the market during the forecast period, owing to the presence of a large number of military personnel in comparison to homeland security personnel coupled with a relatively high threat perception for military personnel.

Regional Insights

In terms of regions, North America is estimated to be the largest market during the forecast period fueled by high demand in the USA. The dominance of the region is attributed to the world’s largest defense industry of the USA. Asia-Pacific is projected to witness the fastest growth in the market over the next five years, propelled by the rising defense budget of China and India. China is likely to maintain its dominance in the Asia-Pacific market during the forecast period, strengthened by its large defense and homeland security budgets.

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Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects advanced combat helmet market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The advanced combat helmet market is segmented into the following categories:

By Application Type

• Military Personnel
• Homeland Security

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the application types by country type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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