PUBLISHER: The Business Research Company | PRODUCT CODE: 1409155
PUBLISHER: The Business Research Company | PRODUCT CODE: 1409155
“Advanced Combat Helmet Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on advanced combat helmet market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for advanced combat helmet? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The advanced combat helmet market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
The advanced combat helmet is rooted in the MICH (Modular Integrated Communications Helmet) design, serving as an upgraded alternative to the earlier PASGT helmet (Personal Armor System for Ground Troops). This advanced helmet is engineered to furnish soldiers with enhanced protection against ballistic impacts from projectiles.
The primary types of advanced combat helmets are categorized as black and camouflage. Ballistic helmets, inclusive of black combat helmets, are meticulously designed to deliver exceptional performance and unparalleled protection, all while maintaining a lightweight profile. These helmets incorporate various materials, including ballistic materials, thermoplastics, and metals, making them suitable for deployment in defense, law enforcement agencies, and homeland security applications.
The advanced combat helmet market research report is one of a series of new reports from The Business Research Company that provides advanced combat helmet market statistics, including advanced combat helmet industry global market size, regional shares, competitors with advanced combat helmet market share, detailed advanced combat helmet market segments, market trends, and opportunities, and any further data you may need to thrive in the advanced combat helmet industry. This advanced combat helmet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The advanced combat helmet market size has grown strongly in recent years. It will grow from $2.77 billion in 2023 to $2.99 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth observed during the historical period can be attributed to several factors, including a heightened focus on soldier welfare, collaborative efforts within the industrial sector leading to innovation, government funding and contract initiatives, the establishment of standardization and testing protocols, and substantial research and development investments in the design of advanced combat helmets.
The advanced combat helmet market size is expected to see strong growth in the next few years. It will grow to $4.01 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The anticipated growth in the forecast period can be attributed to several key factors, including the integration of advanced electronics into combat helmets, a trend towards modularity and customization to meet diverse needs, an increased focus on comfort and ergonomics for extended use, a rise in demand for non-ballistic protection capabilities, and advancements in manufacturing techniques enhancing overall helmet design. Major trends expected in the forecast period include initiatives to reduce helmet weight, the integration of enhanced protection features, the adoption of modular and versatile configurations, continuous improvements in ergonomic design and comfort, and a heightened emphasis on providing multi-threat protection.
The anticipated rise in defense budgets and ongoing military modernization initiatives are set to propel the advancement of the advanced combat helmet market. Defense budgets allocate resources for weaponry, equipment, soldier support, and technological advancements crucial for national defense. Advanced combat helmets, offering ballistic protection, stability, and comfort while ensuring an unobstructed field of view, are an integral part of military equipment. For example, the Stockholm International Peace Research Institute's report highlighted a record global military spending of $2.1 trillion in 2021. Countries such as China and Russia significantly increased their military spending, emphasizing the growing investment in defense modernization. As military budgets surge and nations focus on enhancing their defense capabilities, the advanced combat helmet market experiences a pronounced growth trajectory.
The rising specter of terrorism and ongoing conflicts are anticipated to be key drivers in expanding the advanced combat helmet market. With terrorism posing threats to civilian safety, advanced combat helmets play a pivotal role in bolstering the protection of military and security personnel. These helmets offer superior ballistic resistance, durability, and improved communication capabilities, mitigating risks associated with counterterrorism efforts. Reports by the Institute for Economics and Peace reveal alarming statistics, with the Sahel region in sub-Saharan Africa accounting for 43% of global terrorism deaths. Additionally, global terrorist attacks surged to 5,226 in 2021, primarily concentrated in regions such as the Middle East, North Africa, South Asia, and Sub-Saharan Africa. This prevailing threat landscape underscores the necessity for advanced combat helmets to safeguard military and security forces, thereby driving the market's growth.
Technological advancements serve as a pivotal trend reshaping the advanced combat helmet market. Leading companies within this sector are dedicated to pioneering innovative technologies to fortify their market positions. For instance, Elbit Systems, an Israel-based aerospace and defense company, introduced the X-Sight Helicopter Pilot Helmet in July 2022. This cutting-edge helmet integrates advanced sensor arrays, a helmet-mounted display (HMD) system, fifth-generation aircraft technology, and an artificial intelligence-powered mission computer. The X-Sight Helicopter Pilot Helmet empowers helicopter pilots with real-time, enhanced visibility, enabling them to navigate through aircraft fuselage, regardless of severe weather conditions or low visibility scenarios. The integration of such innovative features addresses critical operational challenges faced by military helicopters, exemplifying the evolving landscape of the advanced combat helmet market.
Major players within the advanced combat helmet market are concentrating on product innovation, particularly in ballistic helmets, to augment their market reach and gain a competitive edge. Ballistic helmets serve as head protection gear designed to safeguard against ballistic threats such as bullets and shrapnel. For instance, in November 2023, MKU Limited, a defense industry leader, unveiled the Kavro Doma 360, a novel ballistic helmet engineered to meet stringent specifications. This cutting-edge helmet offers protection against various ammunition types, including the AK-47's 7.62×39 mm mild steel core (MSC) bullets, as well as 7.62×51 mm and 5.56×45 mm NATO rounds, as per company specifications. Its adaptable design allows for seamless integration of diverse accessories such as night-vision devices, communication tools, masks, mandibles, and torches. The Kavro Doma 360's high-cut combat version, configured in a small size, weighs 1.45 kg, while the advanced combat version, in a large size configuration, weighs 1.8 kg.
In April 2021, Elbit Systems, a leading aerospace and defense entity based in Israel, completed the acquisition of BAE Systems Rokar International Ltd. for a total of $31 million. This strategic acquisition allowed Elbit Systems to harness Rokar Technologies' expertise in advanced defense technology, particularly in the domain of advanced combat helmets. The acquisition aimed to address the escalating demand for precision fire technologies within networked systems while expanding Elbit Systems' operational footprint. BAE Systems Rokar International Ltd., an Israel-based company, specialized in developing state-of-the-art defense technology, including advanced combat helmet solutions. This acquisition underscored Elbit Systems' commitment to bolstering its capabilities and offerings in the defense technology sphere, particularly in the domain of advanced combat helmet systems.
Major companies operating in the advanced combat helmet market report are ArmorSource LLC, Elbit Systems, Gentex Corporation, Morgan Advanced Material plc, Revision Military, Ceradyne Inc., MKU Limited, Honeywell International Inc., Point Blank Enterprises Inc., DuPont de Nemours Inc., Eagle Industries, Survitec Group Limited, Elmon S.A, 3M Company, Avon Rubber plc, BAE Systems Inc., Safariland Group, Ballistic Protection Limited, Diamond Age Solutions Inc., Galvion, Hard Shell FZE, KDH Defense Systems Inc., MTEK, NFM Group, Ops-Core Inc., Rabintex Industries Ltd., Sarkar Tactical Inc., Team Wendy LLC, Performance Fabrics Incorporated, Defenx Limited .
North America was the largest region in the advanced combat helmet market in 2023. The regions covered in the advanced combat helmet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the advanced combat helmet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The advanced combat helmet market consists of sales of modular integrated communications helmets, integrated head protection systems, and enhanced combat helmets. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.