23 January 2020
The Advanced Combat Helmet Market Report 2020-2030: Forecasts By Application (Defense, Law Enforcement Agencies, Homeland security), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and analysis of leading companies operating in this industry. Global Advanced Combat Helmet Market is expected to reach $5.2 Billion by 2030 from $1.72 Billion in 2018, growing at a CAGR of 8% from 2020 to 2030.
Through region, during the forecast period, Asia Pacific and North America are expected to grow at a CAGR of 9.5% and 7.6%, respectively. The new Advanced Combat Helmet (ACH) has been created by Natick Contracting Corporation, with the assistance of the US Army Soldier Systems Centre. This substituted the Personnel Armor System Ground Troops (PASGT) shield and the outdated Kevlar helmet. The updated ACH equipped troops with a new helmet that provides safety against ballistic and damage, communication devices, night vision devices, nuclear, biological & chemical security gear, and other products.
Technological advances combined with growing security concerns of soldiers and security personnel due to rising security threats both in the home country and across borders are the major factors that fuel market growth. High costs of helmets and the malfunctioning of few technologies, however, may impede market growth. In fact, the emerging economies could offer opportunities in the years ahead.
Homeland security, police, and law enforcement agencies use an Advanced Combat Helmet (ACH) as a secure combat helmet. Although an ACH's configuration limits the coverage area, it is also used as a base for installing electronics such as equipment for contact and night-vision. Therefore, adding to enhancing the field of vision and ears, leading to a better awareness of the condition regarding the current helmets used. Demand determinants having a huge impact on the global advanced combat helmet demand are growing in wars, armed conflicts, cross-border conflicts, pricey head gears, and the malfunctioning of a few integrated innovations.
Mergers and acquisitions, combined with partnerships with strategic members, have been embraced as primary marketing strategies by leading companies on the global market, in order to sustain the company. Huge investments are also being made in this sector to produce lightweight helmets which are cost-efficient and of high quality. Apart from this, the hiking defense budgets of different emerging military powers are catalyzing the demand for these helmets. In comparison, countries that already have large defense budgets were shown to show greater adoption of advanced combat helmets relative to those countries that suggested small defense budgets.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to email@example.com or call her on +44 (0) 207 336 6100.
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Along with an evaluation of the current level of international investment in the directed energy weapon market, this report provides measured forecasts for six submarkets covering the period 2021 to 2031.
15 February 2021
The market for offshore oil and gas industry is expected to be driven by the increase in offshore drilling activities. This combined with high investment done in an effort to explore new reserves for oil and gas would drive the offshore oil and gas industry.
05 February 2021
The major growth driver for the global military airborne intelligence, surveillance & reconnaissance (ISR) technologies industry has been the rising demand for military drones. A large range of systems, such as a navigation system, airframe, contact link, autopilot, engine, and sensor kit, are fitted with military drones.
05 February 2021
Growing usage of automation systems in fire control systems is anticipated to fuel market growth coupled with rising geo-political issues among several economies. According to Visiongain analysis, Asia Pacific dominated the global fire control systems market and is projected to hold maximum market share by 2031.