Advanced Combat Helmet Market Research Report and Forecast up to 2024 Advanced Combat Helmet Market - Global Industry An
Advanced Combat Helmet Market - Global
Industry Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2024
Global Advanced Combat Helmet Market: Snapshot
The global advanced combat helmet market is largely driven by the growing need of
governments and defense agencies to provide better standards of soldier safety and
combat tactical advantage in the face of growing global security threats such as
terrorist attacks, border insurgencies, and internal conflicts. The defense sector is
heavily adopting advanced combat helmets in order to protect their soldiers and law
enforcement officers from head injuries caused from gunshots, IED explosions, and
shrapnel. In addition, the demand for helmets integrated with the best vision and
communication technologies is also increasing. Features such as night vision
cameras that offer better situational awareness in the dark or in any difficult
situations are becoming more of a necessity. The demand for these integrated
technologies is also boosting the global market for advanced combat helmet.
In terms of revenue, the global advanced combat helmet market was valued at
US$1.7 bn in 2015, and is expected to reach US$3.0 bn by 2024, after expanding at
a CAGR of 6.3% from 2016 to 2024.
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North America Bags Top Demand Volume for Advanced Combat Helmets
Geographically, the global advanced combat helmet market has been segmented
into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin
America. Of these key regions, North America held the leading share in the global
advanced combat helmet market: more than 25% of the total market revenue, in
2015. The U.S. was estimated to hold the top market volume with more than 60% of
the overall revenue of North America market for advanced combat helmet for the
same year. The research and development effort undertaken by manufacturers in
the U.S. is continuously focusing on the safety of the soldiers and law enforcement
officers during any combat operations. It is allowing players to manufacture
lightweight and increasingly tactile helmets. Mexico is predicted to grow at an
exceptionally fast pace in North America as the country is increasingly focusing on
strengthening its military and defense forces with better technologies in general.
Owing to these facts, the market for advanced combat helmet in North America is
estimated to propel over the forecast period.