PUBLISHER: SkyQuest | PRODUCT CODE: 1244341
PUBLISHER: SkyQuest | PRODUCT CODE: 1244341
Global Military Gas Mask Market was valued at USD XX.XX Billion in 2021 and it is expected to reach a value of USD XX.XX Billion by 2028, at a CAGR of 3.7% over the forecast period (2022-2028).
Military gas mask use and demand are increasing globally as a result of rising defence spending. The main drivers of rising defence and military spending are social instability, escalating border conflict tension, and security threats. The top three nations spending the most on the military are the US, China, and India, followed by the UK and Russia. Global military spending is rising yearly. According to the Stockholm International Peace Research Institute SIPRI 2022, the US is predicted to spend more on defence than the worldwide average of $800 billion, or more than 37% of the total. China will spend more, more than $290 billion, or more than 13% of the total. This demonstrates the market for military gas masks' potential and growth. A rising defence budget also means rising utility costs, and the military gas mask is one such utility that will drive market expansion over the study period. Top-down and bottom-up approaches were used to estimate and validate the size of Global Military Gas Mask Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
The global military gas mask market is segmented on the basis of mask type, product type, application, and region. Based on mask type, the military gas mask market is segmented into full-face gas masks and half-face gas masks. Based on product type, the market is segmented into non-powered and powered. Based on application, the market is segmented into chemical defense, biological defense, nuclear defense, and radiological defense. Based on region, the global Military Gas Mask market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Drivers
The market is being driven by rising public knowledge of the advantages of military gas masks. The market is currently being driven by a rise in demand for first responder gas masks due to an increase in accidents involving chemical spills, radioactive particle matter diffusions, and the development of biological threats and pandemics. Also, the very lethal chemical and biological agents have been incorporated into weaponry as a result of the dynamic character of modern fighting, endangering soldiers on the battlefield. As a result, there is a global need for military gas masks.
Restraint
Market Trends
it provides more comfort and protection for the face, full-face gas masks are frequently utilised by first responders and military personnel around the world. Modern full-face masks are made to offer superior eyesight than half-face masks. Although a full-face mask is heavier than a half-face mask, it is safer because it completely covers the eyes, nose, and mouth.