Market Overview:
Military Helmet Market Size was valued at USD 2.1 billion in 2022. The Military Helmet market is projected to grow from USD 2.236 Billion in 2023 to USD 3.2633 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.50% during the forecast period (2023 - 2030).
With the increasing extremist and border security threats, there is a large focus on providing the soldiers with adequate support, so as to reduce the number of casualties. To render assistance and protection to the armed troops, military helmet systems are developed and deployed to the soldiers.
As a result, the defense authorities around the globe are focusing more on the development and deployment of such systems, thereby lending adequate support to the military missions. Moreover, with the growing demand for lightweight helmet systems, in the recent years, it becomes a significant opportunity for the market players to develop similar products and establish their presence in the emerging countries, which would boost the growth Of military helmet market trend.
The demand for military helmet systems has increased in military applications as they help improve the overall ballistic protection along with the capabilities of the troops. As a result, there has been a high demand for the military helmet systems by the armed forces, to protect themselves from any injury. It is expected that the increasing investments in such protective systems would provide numerous opportunities for the market players, in the forthcoming years.
Market Segmentation:
The global Military Helmet Market has been segmented by type, weight, material, and region. On the basis of type, the Military Helmet Market is divided into lightweight helmet, modular integrated communications helmet, and enhanced combat helmet. In 2017, the lightweight helmet segment dominated the global market and it is expected that the enhanced combat helmet segment would witness the fastest market growth, during the forecast period. The lightweight tactical helmets are equipped with a lip over the helmet brow of the helmet.
Moreover, these helmet systems utilize the adjustable pad system, which provides the best-desired fit for the soldiers. On the basis of weight, the Military Helmet Market is divided up to 3 lbs and over 3 lbs. In 2017, the over 3 lbs segment dominated the global market and it is expected that the up to 3 lbs segment would witness the fastest market growth, during the forecast period. This is primarily due to the rapidly rising demand for the lightweight and comfortable helmet systems, across the globe.
As a result, a number of companies are engaged in the development of lightweight helmet systems for military applications. On the basis of material, the Military Helmet Market is divided into original aramid fiber kevlar, advanced aramid fiber, and UHMWPE fiber. In 2017, the original aramid fiber kevlar segment dominated the global market and it is expected that the UHMWPE fiber segment would witness the fastest growth, during the forecast period. This is primarily because the original aramid fiber Kevlar material is a ballistic aramid fabric, which can protect the soldiers from shrapnel and ballistic projectiles.
Key Players:
The military helmet market drivers are BAE Systems (UK), 3M (US), Gentex Corporation (US), Safariland Group (US), MKU Limited (India), Eagle Industries (US), Revision Military (US), DuPont (US), Honeywell International (US), Point Blank Enterprises, Inc. (US), ArmorSource (US), and Morgan Advanced Materials (UK).
With the rise in the anti-extremist operations, across the globe, there has been a high demand for the military helmet systems, which help provide protection to the armed troops and render assistance to the military operations. A number of players are also focusing on the development of lightweight and comfortable helmet systems, so as to gain a higher leverage in the market.
Regional Analysis:
The global military helmet market industry has also been segmented into five regions, namely, North America, Europe, Asia-Pacific, Middle East Africa, and Latin America. North America had the largest share in 2017, owing to the presence of the key companies such as 3M, Safariland Group, Revision Military, and DuPont, among others. Moreover, North America generates a very high demand for military helmet systems, largely due to the high number of military operations and anti-extremist missions of the region. Furthermore, the US has a high military expenditure and heads in the technological advancements, across the globe, which fuels the market growth. Likewise, Asia-Pacific is expected to be the fastest-growing market for military helmet systems, during the forecast period.
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